Valutrades website
July 13, 2018 BY LeapRate Staff

Exclusive: Valutrades raises $2 million from shareholders to support growth

LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Retail and Institutional FX and CFD brokerage Valutrades Limited has raised £1.4 million (USD $1.9 million) in additional capital from its controlling shareholders Anil Bahirwani and Mohandas Lakhiani. Valutrades was originally set up about six years ago as the FCA-regulated UK business of Anil…

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July 13, 2018 BY LeapRate Staff

SafeCharge reports good momentum in revenues driven by new customer wins in 1H-2018

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has issued a brief trading update for the first half of 2018, indicating "good momentum in revenues" and transaction processing volumes in H1, driven by new customer wins. Following the first quarter of 2018, SafeCharge stated that the company generated record revenues and transaction processing volumes…

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Marex Spectron launches Marex Financial Products structured note business
July 12, 2018 BY LeapRate Staff

Marex Spectron gets investment grade BBB credit rating from S&P

Global commodities broker Marex Spectron has announced that it has received a group credit profile rating from S&P Global of ‘bbb’. This credit assessment reflects S&P’s view of Marex Spectron’s strong market position in Metals, Agricultural and Energy with solid capitalization, robust liquidity and limited risk appetite, according to the company. The stable outlook follows…

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istanbul turkey try forex
July 12, 2018 BY LeapRate Staff

Libertex adds Yuan CNH and Lira TRY currency pairs

CySEC licensed online trading platform Libertex has issued a statement that it is pleased to announce that from 3rd July, new currency pairs are available on the Libertex trading terminal which will allow traders to use new opportunities on the financial markets. Traders will be able to work with the following currency pairs on Libertex: EUR/TRY…

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Non-Zero lists its NZO token on the LATOKEN Exchange
July 12, 2018 BY LeapRate Staff

Non-Zero platform to break zero-sum bias in FX trading, plans ICO

Non-Zero (www.non-zero.io) has announced today the Ethereum main-net launch of its retail financial markets blockchain platform, which allows brokers and traders to break the zero-sum dynamic and create a win-win ‘Non-Zero’ ecosystem. With a first application for the Forex (FX) industry, the Non-Zero platform allows a broker-set portion of warehousing net revenues to be redistributed…

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Spotware cTrader automate algo trading platform
July 12, 2018 BY LeapRate Staff

cAlgo integrated as cTrader Automate in popular trading platform

Forex and CFD technology solutions provider Spotware Systems has announced the merger of cAlgo with cTrader Desktop in version 3.0 of the popular trading platform. Now cAlgo has become the integral part of cTrader and is renamed to cTrader Automate. We had exclusively reported back in May that Spotware had started rolling out the new cTrader 3.0…

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forex market update
July 12, 2018 BY LeapRate Staff

ATFX Forex market update: July 12, 2018

The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. Risk appetite hit as US warns of more tariffs on Chinese goods Global Economic Indicators This Week’s Economic Calendar Asian indices under pressure, yuan falling sharply against the US dollar The United States said it would impose tariffs on an extra $200…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
July 11, 2018 BY LeapRate Staff

SEC files additional charges in scheme to manipulate Fitbit stock

The U.S. Securities and Exchange Commission (SEC) has announced that it has filed fraud charges against a second defendant in connection with a scheme to manipulate the price of Fitbit securities through false regulatory filings. According to the SEC's complaint, Mark E. Burns purchased Fitbit call options just minutes before he and his co-conspirator, Robert…

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James Banister Market Synergy
July 11, 2018 BY LeapRate Staff

Bitfinex chooses Market Synergy for institutional cryptocurrency connectivity

Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has announced that it has been selected by Bitfinex, a leading cryptocurrency trading platform, to provide robust, high performance connectivity for institutional clients. Market Synergy has designed and built a bespoke network for Bitfinex, hosted…

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