May 24, 2016 BY LeapRate Staff

Ping An becomes first Chinese institution to join R3 distributed ledger consortium

Ping An Financial Services Group has joined financial innovation firm R3’s partnership to design and apply distributed and shared ledger-inspired technologies to global financial markets. The R3 team is made up of financial industry veterans, technologists, and new tech entrepreneurs, bringing together expertise from electronic financial markets, cryptography and digital currencies. R3 operates in New…

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May 23, 2016 BY LeapRate Staff

CMC Markets courts institutional FX clients with new API connectivity

FCA regulated online broker CMC Markets Plc (LON:CMCX) has announced the launch of new API technology designed to meet the urgent need for reliable liquidity among financial institutions. The API connectivity, which gives banks, brokers, funds and trading desks access to tier-one liquidity and pricing, is a key element of CMC Markets’ enhanced offering for financial institutions.…

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May 23, 2016 BY LeapRate Staff

Mauritius FSC terminates license of Africa focused retail forex broker IPG Markets

Mauritius financial regulator The Financial Services Commission (FSC) has issued a note that IPG Markets Ltd, bearing licence number IT12000004 and having its registered address at 10th Floor, NeXTeracom Tower 1, Cybercity, Ebene has surrendered its Investment Dealer (Discount Broker) Licence in accordance with Section 28 (5) of the Financial Services Act 2007 (the “Act”) on 26 April…

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May 23, 2016 BY LeapRate Staff

Forex sports sponsorship: ICM Capital backs England Polo Team

Continuing a theme we have been reporting on lately of increased sponsorship of sporting clubs and events by leading retail forex brokers worldwide, FCA regulated ICM Capital has become Official Sponsor of the England Polo Team at Chestertons Polo in the Park 2016. ICM Capital’s logo will be placed on the front of all Team England…

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May 23, 2016 BY LeapRate Staff

FXPRIMUS announces new three-pronged strategic direction

Retail forex broker FXPRIMUS, regulated by CySEC, has issued a statement on what it calls its new strategic direction. FXPRIMUS has been building up its management team over the past 12 months since moving its headquarters to Cyprus last summer, adding new key people in marketing, communications, trading, customer support and research & education (with…

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