July 02, 2019 BY Valentina Kirilova

Sumsub teams up with Exmo to improve customer onboarding and swift KYC

The crypto exchange for traders, EXMO, just announced that it has teamed up with Sumsub, experts in identity verification and compliance, to enhance digital identity verification and customer onboarding for their clients. Sumsub's AI-based solution automates identity verification and antifraud, providing compliance to relevant regulations and AML screening. New verification procedure enables a hassle-free online experience…

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DFSA
July 02, 2019 BY Valentina Kirilova

Fieldstone Financial Management Group charged with fraud

The U.S. Securities and Exchange Commission (SEC) announced yesterday that it has charged Fieldstone Financial Management Group LLC and its principal Kristofor R. Behn with defrauding retail investment advisory clients. Behn also fraudulently misused approximately $500,000 of one investor’s funds to pay personal expenses. According to the SEC approximately 40 retail clients of Behn and…

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Daily Market analysis
July 02, 2019 BY Valentina Kirilova

Daily market commentary: The British Pound is losing ground

ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for July 2, 2019. See details below: FOREX Currently trading just above $1.26, the British Pound is losing ground against all major currencies, as the effects of Brexit-driven economic uncertainty and a slowdown in internal demand and exports, start to be felt.…

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Deutsche Börse
July 02, 2019 BY Valentina Kirilova

Deutsche Börse cash market's turnover down 24% YoY in June

Deutsche Börse has released the volume report for its cash markets, which generated a turnover of €116.0 billion in June (€153.6 billion same period in 2018). Actually Xetra's €106.3 billion turnover (2018: €142.1 billion) brought the ADV to €5.6 billion. Trading volume on Börse Frankfurt was €2.3 billion (2018: €3.4 billion) and on Tradegate Exchange…

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clone firm FCA warning
July 02, 2019 BY Valentina Kirilova

UK FCA issues warnings against two clone firms

The UK regulator FCA has put out details of two more clone firms today. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam people…

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volumes
July 02, 2019 BY Valentina Kirilova

Integral's ADV up 19% MoM in June

Financial technology company Integral has just released its volumes report for the month of June 2019. The average daily volumes (ADV) across Integral platforms last month totaled $36.4 billion - an increase of 19.3% compared to May 2019. LeapRate reminds that in 2018 Integral invested in Mint Exchange, a cryptocurrency clearinghouse designed for institutions. Mint…

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