Global clearing house LCH has announced that it has obtained recognition as a central counterparty from the Banco de México. The recognition for LCH’s SwapClear Service is effective from June 22, 2018 and provides a greater choice of CCPs to those participants affected by the Mexican clearing mandate. With this recognition, LCH can expand clearing…
Read moreLeading FX institutional exchange LMAX Exchange has announced that it has hired FX industry veteran Roland White to the newly created position of Global Head of Institutional Sales. Mr. White will report directly to David Mercer, CEO of LMAX Exchange. Roland White will formally join LMAX Exchange on July 30, 2018. He comes to his new…
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The following article was written by Ramy Abouzaid, Head of Research at ATFX, UAE. Concern over escalating tensions between the United States and China is on the verge of reaching a stage of commercial war after the White House threatened Beijing yesterday that the US president is ready to impose new tariffs on Chinese goods…
Read moreCySEC regulated online brokerage and investment company RoboMarkets has announced that its Tied Agent in Spain has been approved by the Spanish financial regulator. In June 2018, La Comisión Nacional del Mercado de Valores (CNMV) approved the Tied Agent of RoboMarkets Ltd. This status means that the local company is the official representative of RoboMarkets and…
Read moreCFD broker Plus500 Ltd (LON:PLUS) has announced that the UK Listing Authority has approved the company's Prospectus in relation to the admission of the company's shares to the premium listing segment of the Official List of the FCA, and admission to trading on the London Stock Exchange plc's Main Market for listed securities. Plus500 had announced…
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Credit Financier Invest (CFI) Ltd, previously known as CFI Markets and part of CFI Financial Group Holding, has announced that it has received authorization to set up a Branch in the United Kingdom. The company plans now to set up its branch in London and said that it is set to launch its activity there soon.…
Read moreFCA regulated FX asset manager and brokerage Darwinex has announced that it has made cryptocurrency CFDs available for trading on both the MT4 and MT5 trading platforms, with liquidity provided via LMAX Global. Leverage for crypto CFD trading at Darwinex will be limited to 1:1, versus ESMA's incoming limitation of 1:2. After adding support for MT5…
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Soon-to-launch regulated cryptocurrency exchange DX.Exchange has announced that it has seen the registration of half a million traders in its system - all before the formal launch of DX.Exchange. LeapRate has exclusively reported about the planned launch of DX.Exchange in mid May. The exchange was founded and is headed by former Oanda UK and Alpari UK…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handled their orders. Merrill Lynch agreed to settle the charges, admit wrongdoing, and pay a $42 million penalty. According to the SEC’s order, Merrill Lynch falsely informed customers that it…
Read moreForex brokerage solutions provider MahiFX has announced the launch of its latest product, MFX Echo. According to MahiFX, information is vital to traders and with a vast amount of data across a range of venues it is often a challenge for traders to make informed decisions. MFX Echo is a trade analysis, liquidity visualisation and…
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