Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. highlights ESMA's latest requirements in a special guest post exclusive to LeapRate. The inner workings of brokers have always been a mystery, a secret more closely guarded than the gates of hell it seems. That makes one wonder, why is it such a well-kept…
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Bitcoin’s travails accelerate. BTC was continuing its slow grind southward, passing $9,600, but then a left cross came out of nowhere, landing securely on its chin, driving it to $8,100 in a flash. Dazed and on the canvass for the count, Bitcoin seems to have lost all sense of stability. As the capital is sucked…
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Facebook’s intentions for the world of cryptocurrencies and blockchain technology have always been shrouded in mystery as far back 2017 when Morgan Beller was placed in charge of blockchain initiatives. When David Marcus was transferred from Facebook’s Messenger service to a new blockchain division in May of 2018, rumors began to fly about a potential…
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Retail FX liquidity and technology solutions firm, oneZero Financial Systems, has just announced that Phil Weisberg will be joining the board as Executive Vice President of Strategic Planning and Partnerships. The FX industry veteran's role will be to spearhead oneZero’s ongoing investment, growth, business development and expansion through building out its strategy and partnerships. We…
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The Hong Kong Securities and Futures Commission (SFC) announced today that it has banned Ye Feng from re-entering the industry for life following his conviction for bribery. Ye Feng, a former vice president of the Bank of Communications Co., Ltd. (BOCOM), is responsible for handling securities transactions for BOCOM’s clients at the material time, guilty…
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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 24, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, On March 10th, 2017 the SEC in the United States took a decision to reject a bitcoin-backed…
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Coinbase, the largest crypto exchange in the United States, announced on its blog that it is considering an expansion of its current offerings by 17 token projects, none of which are presently listed on any exchange. According to Bitcoinerx: Only 53 of the 2880 assets listed on CoinMarketCap are available to exchanges across the Coinbase…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 24, 2019. See details below: FOREX The Pound is trading flat early on Tuesday, at $1.243, with a ruling from the UK’s Supreme Court expected later today. The top British judicial institution will deliberate if the suspension of Parliament, a…
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Ho-hum. The Bakkt exchange finally opened its doors, after thirteen months of built up anticipation, but there was no avalanche of institutional orders, no fanfare, only a plethora of articles in the press asking where was everyone hiding? The first transaction was for one BTC, pegging the price at $10,115. Another 17 BTC of orders…
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Deutsche Bank and BNP Paribas reached a master transaction agreement yesterday. According to Reuters, the transaction happens in order to assure service continuity to Deutsche’s global prime finance and electronic equities clients. Deutsche Bank said in a statement on Monday that it will continue to operate the platform until clients can be migrated to BNP…
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