Daily Market News: ETH futures market could spark innovation LeapRate

December 13, 2018 BY Valentina Kirilova

Daily Market News: ETH futures market could spark innovation

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 13, 2018. Highlights include: ETH Futures Market Could Spark Innovation: The CFTC is accepting comments on an Ethereum futures market, a development which could allow entrepreneurs to develop Ethereum-based projects, while hedging against the…

December 13, 2018 BY Valentina Kirilova

European Commission adopts new rules to increase transparency in securities financing markets

In an important step towards increasing the transparency of securities financing markets, the European Commission announced earlier today that it has adopted a package new measures under the Securities Financing Transactions Regulation (SFTR). The SFTR requires all securities financing transactions to be reported to a central database called "trade repository". The delegated and implementing acts…

December 13, 2018 BY Valentina Kirilova

FCA warns against Insight Managed Funds clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Insight Managed Funds. 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…

December 13, 2018 BY Valentina Kirilova

Deutsche Börse's Wolfgang Eholzer is Eurex Exchange's new CTO

Eurex Exchange has just announced its most recent appointment - Wolfgang Eholzer will be its new Chief Technology Officer, effective January 2019. Eholzer joined Eurex in 2007 from Deutsche Börse Group‘s IT delivery organization. His new job will be focusing on IT strategy and on Eurex‘s trading system T7. I am very happy that Wolfgang is joining…

December 13, 2018 BY Valentina Kirilova

New Zealand FMA warns against Bitcoin Revolution Limited

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Bitcoin Revolution Limited. Bitcoin Revolution Limited Associated entity: Bitcoin Wealth Website: www.bitcoinrevolutionapp.com; www.pro-net-system.com According to the regulator, this company could be involved in a scam. Articles posted on social media about The New Zealand Treasury and/or current or former…

Broadridge presents new securities lending assessment solution for mutual funds

December 13, 2018 BY Valentina Kirilova

Broadridge adds Tim Gokey to Board of Directors

Broadridge Financial Solutions, Inc. (NYSE:BR)'s Board of Directors has elected Tim Gokey, effective January 2, 2019. Tim Gokey is Broadridge’s current President and Chief Operating Officer and incoming Chief Executive Officer. We are pleased to welcome Tim to the Broadridge Board of Directors. He has been a champion of our corporate culture and has a deep understanding of…

December 13, 2018 BY Valentina Kirilova

AriseBank's former execs pay $2.7 million to settle ICO scam charges

The Securities and Exchange Commission (SEC) has announced that the federal court has fined AriseBank’s two former execs nearly $2.7 million. Former CEO Jared Rice Sr. and then-COO Stanley Ford were accused of offering and selling unregistered investments in their purported “AriseCoin” cryptocurrency. The allegedly fraudulent initial coin offering (ICO) scheme was stopped by the SEC earlier…

BIS announces key appointments in Singapore and Switzerland

December 13, 2018 BY Valentina Kirilova

Virtu Financial adds David Urban to its Board of Directors

The technology-enabled market maker Virtu Financial, Inc. (NASDAQ: VIRT) has just announced the addition of David Urban to its Board of Directors. David’s deep experience as a business and governmental relations executive and demonstrated leadership acumen will add significant value to our Board of Directors,” said Robert Greifeld, Virtu’s Chairman. “We look forward to benefiting from…

December 13, 2018 BY Valentina Kirilova

New Zealand FMA warns against Ideal Services Direct Contact

The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Ideal Services Direct Contact. Ideal Services Direct Contact Address: Sanno Park Tower, 2-11-1 Nagatacho, Chiyoda-ku, Tokyo 100-0014 Website: www.ideal-servicesdc.com Phone: +1 646 3782 801 Email: [email protected] According to the regulator, this company could be involved in a scam. New…

Corda Network announces Board of Directors

December 13, 2018 BY Valentina Kirilova

Rob Coole talks about the IPC Connexus platform and partnership with R3

LeapRate Exclusive… Last week LeapRate reported that IPC, a provider of networking solutions, has entered a partnership with R3. The team formation has been made in order to support Corda blockchain networks on the IPC Connexus platform. Since this partnership, Corda blockchain applications (a.k.a. CorDapps) have been accessible via IPC’s Connexus Cloud. LeapRate has reached Rob Coole, Director, Product Management at…