London-based hedge fund, Nickel Asset Management, has spotted an opportunity in the market, devised a strategic plan, raised $50 million for the project, and will soon introduce the Nickel Arbitrage Fund. The sole purpose of this new fund will be to take advantage of various arbitrage situations across the Crypto-verse. According to its release, the…
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The following article was exclusively prepared for LeapRate by the Match-Trade Technologies team. Last year brought significant changes in the financial market, especially for unregulated brokers. For instance, VISA and Mastercard blocked them from using their services. And now, one of the biggest challenges they have to face is to provide their customers with convenient and effective…
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How quickly attitudes can change in the Crypto-verse? There was general euphoria and cause for celebration last week, when Bitcoin broke out of its doldrums and appeared bent on blasting through $11,000. The party, however, ended as quickly as it began, as momentum waned and the world’s favorite digital asset began “losing altitude”. This phrase…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for September 11, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Sometimes things seem so far away but in reality, they might be much closer than we think.…
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Fintech company Integral just released its volumes report for the month of August 2019. Average daily volumes (ADV) across Integral platforms totaled $34.5 billion last month - an increase of 1.2% compared to July 2019 and 3.0% YoY. LeapRate reminds that in 2018 Integral invested in Mint Exchange, a cryptocurrency clearinghouse designed for institutions. Mint Exchange…
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Advanced Markets Group just announced that they have teamed up with the Autochartist group of companies. The partnership aims to increase customer acquisition, trading activity and retention for customers of Advanced Markets. This will happen through a number of broker-centric products provided by Autochartist and its group of companies. Autochartist has recently expanded its offering…
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Proprietary trading firm Jump Liquidity announced today that they have joined BidFX, the EMS designed for the 5 trillion daily FX market, as their newest liquidity provider. LeapRate reminds that earlier this year, Singapore Exchange (SGX) has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX – a specialized trading platform for global FX…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 11, 2019. See details below: FOREX The Euro is losing ground to the Dollar, as the European Wednesday session gets under way. After holding steady at the beginning of the week, as investors sat tight awaiting the ECB meeting which…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of August 2019. The average daily traded volume submitted to CLS was USD1.75 trillion – no change from USD1.75 trillion in July 2019. Average daily traded volume submitted to CLS by product…
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Australian regulator announced earlier this week that it has suspended the Australian financial services (AFS) licence of Queensland-based financial services provider Financial Options Pty Ltd. The licence is suspended until 26 February 2020. According to the regulator, Financial Options was not meeting its obligations as an AFS licensee. The company has failed to have a dispute…
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