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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We are into the ninth month of the year, and we are still waiting patiently for the SEC to approve a Bitcoin Exchange-Traded Fund (ETF). Yes, the VanEck consortium decided to forego the retail market for now and launch a Bitcoin Trust for institutional investors only, but the SEC is still pondering what to do…
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LeapRate Exclusive... Paul Jackson has over 20 years’ experience in the financial markets including almost 5 years at CFH Clearing where he was a member of the management team, with responsibility for assembling and managing sales. Prior to CFH, he used to work at LMAX Exchange and CMC Markets as well as over a decade…
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The Gemini exchange has just launched the Gemini Custody, an institutional grade custody solution that includes 18 digital currencies, one of which is the Ethereum token. All users on the exchange will be able to trade the cold crypto storage in custody immediately. In addition, Gemini Custody will also support 18 other currencies that are…
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The buzz around Facebook's Libra stablecoin is gone off through the roof, as some might say. The truth is that the cryptocurrency project undertaken by Facebook has shaken regulatory bodies around the world so "violently" that they cannot simply decide if Libra is a huge opportunity or huge threat. However, there are certain details around…
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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 10, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Parliament is Out of Order 5G Portfolio Some added Pressures Please note: All data, figures & graphs…
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After more than one decade, Bitcoin continues to be the market leader according to its share of overall crypto market capitalization. Yes, dominance dropped drastically during 2017, when altcoin development projects flooded the market, but Bitcoin had clawed its way back to a 50% share by the close of 2018. It remained so until this…
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