Deutsche Börse has just announced that REGIS-TR, the pan-European trade repository services company will open a Trade Repository in the UK. The UK clients will need this kind of presence in a post-Brexit world and REGIS-TR will provide a continuous service for these clients. REGIS-TR was launched back in 2010 by Iberclear and Clearstream. Clearstream already maintains…
Read more
Australian regulator ASIC has informed the public that it has canceled the Australian financial services (AFS) license of the company Bristol Street Financial Services Pty Ltd. According to the regulator, Bristol Street Financial did not comply with several financial services laws, which has led to the cancellation. The complete text of ASIC's announcement reads as…
Read more
The cryptocurrency market has definitely seen better days. The market capitalization of the entire market fell off to around $107 billion, when a year ago, Bitcoin was hitting the $20,000 mark and the entire market cap was somewhere in the $550-$600 billion range. The fall in prices has not only erased the smiles of many…
Read more
Binance is one of the largest cryptocurrency exchange platforms in the world. The platform has just announced their launch of subsidiary accounts feature for institutional and high net worth investors. The request for such an option has been long awaited, as institutional investors have had a large impact on the cryptocurrency industry in the last…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2018. Highlights include: Weak Jobs Numbers Leads Gloomy News Cycle: Weaker jobs, weaker stance taken by Fed and the latest disagreement between Xi and Trump are all affecting the market. The focus is…
Read more
Retail banking company Metro Bank (LON:MTRO) announced that it has added to its mobile application international payments for both its personal and business clients. Metro Bank's mobile app uses Artificial Intelligence (AI) to generate tailored alerts and tips, thus enabling customers to get insights on their personal and business accounts and manage their funds more effectively. David Sosna, Co-founder…
Read more
The company Presto informed the public that it has filed a constitutional complaint against South Korean’s ban on Initial Coin Offerings (ICOs), as the country's economic media outlet Sedaily reported earlier. LeapRate reminds that, after China announced its ban on domestic exchanges trading Bitcoin, South Korea was the next country that also came out with the news…
Read more
Moscow Exchange (MOEX) has just announced that the Technology 100 ETF, a Russian exchange-traded fund managed by Alfa Capital and the first fund on international assets denominated in USD, began trading today under the ticker "AKNX". The Technology 100 ETF tracks the performance of the top 100 leading global technology companies by market capitalisation, including…
Read more
The Hong Kong Securities and Futures Commission (SFC) just informed the public that it has suspended the licenses of Ms Chan Ho Wai and Mr Lam Wai Kit for a period of 9 months (to 7 September 2019). The two individuals work as responsible officers of FT Securities Limited (FTSL). Chan was responsible for preparing…
Read more
The Crypto Exchange joint venture between global online broker IronFX Group and EmurgoHK, IronX, just announced that it has welcomed on its Advisory Board Dr Paolo Tasca, Executive Director of the Centre for Blockchain Technologies, and Tal Cohen, ex-CEO of Sirin Labs. Dr Paolo Tasca is a digital economist, specialising in P2P financial systems. He…
Read more