ASIC suspends KP International Group Australia’s AFS licence LeapRate

ASIC office

October 23, 2019 BY Valentina Kirilova

ASIC suspends KP International Group Australia's AFS licence

Australian regulator ASIC has announced earlier today that it has suspended the Australian financial services (AFS) licence of Sydney-based financial services provider KP International Group Australia Pty Ltd (KP International) until 23 September 2020. According to the regulator, KP International did not adequately address systemic issues identified by the Financial Ombudsman Service (now Australian Financial…

Read more

MultiBank Group becomes the official partner of BMW M Motorsport

October 23, 2019 BY Valentina Kirilova

Forex sports sponsorship: MultiBank Group becomes the official partner of BMW M Motorsport

Financial derivatives company MultiBank Group has just announced that it has teamed up with BMW M Motorsport to become its official partner. The first cooperation in this partnership will be the highly anticipated Macau Grand Prix. The event will take place the weekend of November 14-17th 2019 on the Guia Circuit, as Brazilian driver Augusto…

Read more

Libra's David Marcus initiates positive public relations campaign on CNBC

October 22, 2019 BY Valentina Kirilova

Libra's David Marcus initiates positive public relations campaign on CNBC

It has been three months since David Marcus, the titular head of Facebook’s Libra project, took the heat at Congressional hearings on Capitol Hill in Washington DC. As we reported at the time: David Marcus, Facebook’s lead for the Libra cryptocurrency and the sole representative designated to take the heat from an angry group of…

Read more

forex market crypto news and updates

October 22, 2019 BY Valentina Kirilova

Daily Market News: Brexit dominates

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 22, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The prolonged low volume consolidation period has claimed her first victim and it's a big one. To…

Read more

Bitcoin

October 22, 2019 BY Valentina Kirilova

Bitcoin’s halving in May 2020 generating interest 7 months before event

In Bitcoin-Land, enthusiasts are always circling important dates on their calendars for events that could rock the crypto world, but no event commands the same respect, as does Bitcoin’s halving happening in May of 2020. In both 2012 and 2016, similar halving episodes gave rise to massive appreciation in the months that followed. Can the…

Read more

social trading

October 22, 2019 BY Valentina Kirilova

GPW starts a crowdfunding programme for brokers

Warsaw Stock Exchange (GPW) has today approved the GPW Partner Firm – GPW Crowdfunding Partner Programme for crowdfunding and crowdinvesting . The Programme is addressed to local and international brokers who offer crowdfunding and crowdinvesting services. Izabela Olszewska, Member of the GPW Management Board, commented: The Exchange assists businesses in raising capital for growth. Our…

Read more

Doo Tech launches MT5 bridge connection to HKEX

October 22, 2019 BY Valentina Kirilova

Doo Tech launches MT5 bridge connection to HKEX

Doo Tech, a global trading solutions provider, has just announced that it has released the Bridge Cloud service for connection to the Hong Kong Exchange. By connecting the MetaTrader 5 (MT5) platform to HKEX, forex brokers will now be able to extend their business, start offering futures instruments and receive real-time quotes without delay. The…

Read more

Daily Market analysis

October 22, 2019 BY Valentina Kirilova

Daily market commentary: The pound is likely to retrace some of the recent gains

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for October 22, 2019. See details below: FOREX/BREXIT The pound is testing the $1.30 level on the morning of yet another potentially decisive day for the Brexit process, as Prime Minister Boris Johnson tries to get parliamentary approval for his withdrawal bill…

Read more

ATFX UK hires Marc Taylor as Institutional Senior Sales

October 22, 2019 BY Valentina Kirilova

ATFX UK hires Marc Taylor as Institutional Senior Sales

FX and CFD broker ATFX has just announced that it has added a senior sales head to its new institutional arm, ATFX Connect. Marc Taylor joins the team to bolster leads and partnerships for the company’s brand new institutional venture. ATFX Connect is a transition from retail trading to institutional trading and has been created…

Read more

Impeachment aftermath - Facts Vs Trump, what’s the Markets bet?

October 22, 2019 BY Mariela Naydenova

Trump's former Fed pick launches his own cryptocurrency called Frax

Stephen Moore was nominated by US President Donald Trump to join the Federal Reserve of the country. The bid for the role, however, failed by several votes and Mr. Moore couldn't take the position. Stephen Moore is an economist and former campaign adviser. After his bid didn't come through, Mr. Moore has turned to manage…

Read more