Morgan Stanley fined $10m for AML program
November 23, 2017 BY LeapRate Staff

New Zealand based FX broker Fullerton Markets gets FMA warning for AML issues

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a formal warning to Wellington based Retail FX broker Fullerton Markets Limited under Section 80 of the country's Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act). An inspection of Fullerton’s AML/CFT compliance by FMA staff showed that the company did not have…

Read more
FXMM magazine closing
November 22, 2017 BY LeapRate Staff

Forex trading industry B2B magazine and website FX-MM to shut

Once popular FX industry magazine FX-MM, which you can still find today on the lobby coffee table of many Forex sector companies, has announced its intention to shut down among increased competition in the sector. FX-MM is owned by Russell Publishing, which runs a number of B2B titles in different industries including railway technology, airports, and…

Read more
Gregor Schnuppe Equiti Group
November 22, 2017 BY LeapRate Staff

Equiti Group hires former Newedge executive Gregor Schnuppe as CFO

Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti Global Markets (Equiti.com) has  announced the appointment of Gregor Schnuppe as Group Chief Financial Officer (CFO). Equiti Group also stated that the company has plans to expand into the multi-asset retail brokerage space and potentially move into new markets.…

Read more
iron ore futures
November 22, 2017 BY LeapRate Staff

Could iron ore prices save the Aussie from plunging below 75 cents?

The following guest post is courtesy of Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). One of the biggest drivers of the Australian dollar is the iron ore prices. Western Australia is the world’s largest iron ore producer. As a result, the Australian economy is expected to perform better with stronger…

Read more
bitcoin cryptocurrency liquidity
November 22, 2017 BY LeapRate Staff

Cryptos, Mobile & Liquidity – The View from London

The following article was written by Jens Chrzanowski, Member of  the Management Board of Admiral Markets Group AS. Hello, Last week was an expo week for us here at Admiral Markets. First, the London Summit 2017 on Wednesday, the industry’s B2B expo, and later in the week – on Friday and Saturday – the biggest retail…

Read more