Exclusive: Bryan Seegers leaves financial services company Jefferies Group LLC LeapRate

July 12, 2019 BY Valentina Kirilova

Exclusive: Bryan Seegers leaves financial services company Jefferies Group LLC

LeapRate Exclusive... LeapRate has learned that Bryan Seegers will be leaving his senior role, SVP of eFX, at NY-headquartered financial services company Jefferies Group LLC. For the past few years, he has been in charge of the global eFX Trading at Jefferies. According to Seegers' public LinkedIn profile, the former ADS Securities Executive has also…

July 12, 2019 BY Valentina Kirilova

Susan Ball steps down from Playtech's Board

Online gaming and financial trading giant Playtech PLC (LON:PTEC) has announced yesterday that Susan Ball will be no longer part of its Board, effective 31 July 2019. According to the company, Ball will be stepping down from the Board as a Non-Executive Director to pursue new opportunities. Alan Jackson, Playtech plc's Chairman, commented on the…

ESMA ceases renewal of product intervention CFDs measures

July 12, 2019 BY Valentina Kirilova

ESMA warns providers selling CFDs to retail clients

The EU’s securities markets’ regulator ESMA has just published a statement addressed to providers marketing, distributing or selling CFDs to retail clients. The regulator pointed out that it has serious concerns about firms’ marketing, distribution or sale of CFDs to retail clients and reminded CFD providers about some of the requirements connected with the offering…

July 12, 2019 BY Valentina Kirilova

Daily market commentary: The US Dollar continues to record losses

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…

July 12, 2019 BY Valentina Kirilova

ASIC cancels AFS licences of CWS Mortgage Ltd and Australian Mutual Holdings Limited

Australian regulator ASIC has announced earlier today that it has decided to cancel the AFS licences of the following two companies - CWS Mortgage Ltd and Australian Mutual Holdings Limited. CWS operated the CWS Mortgage Fund ARSN 094 313 096 (Fund), a registered managed investment scheme and the licence cancellation took effect on 26 June…

July 12, 2019 BY Valentina Kirilova

New Zealand FMA warns against Ideal Services Direct Contact

The Financial Markets Authority (FMA) has recently added few more companies to its list of unregulated firms. The newest additions are Skyway Capital/Skyway Group and MBI International/MFC Club. Skyway Capital/Skyway Group Trading name: Skyway Capital Associated entities: SkyWay Investment Group, RSW Investment Group Ltd Address: 10 Great Russell Street, London, United Kingdom WC18 3BQ. Phone:…

July 12, 2019 BY Valentina Kirilova

Facebook’s Libra must address many concerns per Congressional Hearing

Representative Maxine Waters, a Democratic Congresswoman from California, takes her job seriously as the chair of the House Financial Services Committee. During a grilling session of Fed Chairman Jerome Powell, which happens twice a year, she made it known that she is on personal crusade against Facebook's blockchain token Libra. In a hearing that was…

July 12, 2019 BY Valentina Kirilova

Bitcoin launches another attack on $13,000, but is repulsed back to $11,600

Once more unto the breach, dear friends, once more… Bitcoin tried valiantly for a second time in 30 days to breach the $13,000 “wall”, but, unfortunately, was pushed back down below $12,000. Resistance has thickened on these ramparts on the way to a new All-Time-High, but the market leader has definitely been persistent. Volatile swings…

July 11, 2019 BY Mariela Naydenova

This cryptocurrency exchange shuts down because of loss of liquidity

There are probably 100 reasons why a cryptocurrency exchange may shut down, the most probable one is usually a serious hack or weak "link" somewhere. Another reason is simply stolen funds. However, the Polish crypto exchange Bitmarket has shut down because of lack of liquidity. The exchange started operating in 2014. It has just announced…

July 11, 2019 BY Mariela Naydenova

The first SEC-regulated token offering granted to Blockstack

A Bitcoin ETF may not be on its way, but this does not mean that the SEC is not working towards accepting the ever-growing crypto/blockchain space. This time, a very major "first" is now a reality. According to a report from The Wall Street Journal, the SEC has granted an approval for a $28 million…