December 07, 2015 BY LeapRate Staff

FXecosystem adds Fixnetix veteran Matt Dangerfield as CTO

Outsourced FX connectivity services provider FXecosystem has announced the addition of Matt Dangerfield as its interim Chief Technology Officer (CTO). Matt Dangerfield is the one of the founders of Financial Technology Advisers (FTA), an advisory firm that enables business to embrace all types of current technology, blend it with newer technology and take it to the…

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December 06, 2015 BY LeapRate Staff

Leverate hires Steven Gottfried to head new Germany office

Forex platform provider Leverate is continuing its metamorphosis under new management, with the latest change being the opening of an office in Berlin, Germany. The new Leverate office will be dedicated to supporting sales of the company's products in Germany, Switzerland and Austria, under the direction of Steven Gottfried. Gottfried has over 25 years of experience…

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December 03, 2015 BY LeapRate Staff

SEC charges twin brothers with fraud for options trading Spoofing and order mismarking

The US Securities and Exchange Commission (SEC) today announced fraud charges against three Chicago-based traders accused of circumventing market structure rules in a pair of options trading schemes. The SEC alleges that twin brothers Behruz Afshar and Shahryar Afshar and their friend and former broker Richard Kenny mismarked option orders to obtain execution priority and…

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December 03, 2015 BY LeapRate Staff

Expobank to rename FXCM Securities as Walbrook Capital Markets

Following our report yesterday that FXCM Inc (NYSE:FXCM) had closed the sale of its regulated UK CFD arm FXCM Securities to Latvia's AS Expobank - which had been exclusively reported on LeapRate back in July - LeapRate has learned that Expobank has plans for its new FCA regulated arm, including a name change to Walbrook Capital Markets.…

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December 03, 2015 BY LeapRate Staff

JP Morgan takes 7.4% stake in SafeCharge

Advanced payment technologies provider SafeCharge International Group Ltd (LON:SCH) has seen global bank JPMorgan Chase & Co. (NYSE:JPM) up its stake in the company to 7.43%. The SafeCharge shares are formally held by JPM subsidiary JPMorgan Asset Management Holdings (UK) Limited. It is unclear if the shares are being held by JP Morgan on behalf of investing…

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December 02, 2015 BY LeapRate Staff

Swissquote shares rise to highest level since early August

Shares of Swissquote Group Holding SA (SWX:SQN), Switzerland's leading online broker, began December on a strong note rising 3% on Tuesday, to hit their highest level in about four months, since early August. Swissquote shares took a bit of a hit in late July after reporting somewhat disappointing first half 2015 results, which included a CHF 20…

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December 01, 2015 BY LeapRate Staff

SEC charges Josh Garza in Bitcoin mining Ponzi scheme fraud

The US Securities and Exchange Commission (SEC) today charged two Bitcoin mining companies and their founder with conducting a Ponzi scheme that used the lure of quick riches from virtual currency to defraud investors. The SEC alleges that Josh Garza perpetrated the fraud through his Connecticut-based companies GAW Miners and ZenMiner by purporting to offer shares…

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