May 17, 2018 BY LeapRate Staff

Exclusive: INFLYX launches risk management services to FX and CFD brokers

LeapRate Exclusive... LeapRate has learned that a new EU regulated provider of liquidity and risk management services has launched, based in Cyprus, called INFLYX. Seeking to broaden the scope of liquidity services to Forex and CFD brokers, INFLYX has launched a programme of comprehensive solutions for managing liquidity risk. This programme is intended to minimise exposure…

Read more
May 17, 2018 BY LeapRate Staff

Playtech shareholders reject CEO and Directors' pay policy at Annual Meeting

In a fairly rare occurrence in today's corporate world, online gaming and financial technologies provider Playtech PLC (LON:PTEC) has seen its shareholders reject the company's proposed Annual Report on Remuneration at the company Annual Meeting held yesterday in the Isle of Man. Except in rare circumstances, annual meeting board resolutions are usually adopted (by wide margins) at…

Read more
May 15, 2018 BY LeapRate Staff

CFH Clearing hires IS Prime's Andy Biggs as Head of Liquidity

CFH Clearing, the FX liquidity and risk management services arm of Playtech PLC (LON:PTEC), has announced that it has appointed Andy Biggs as Head of Liquidity in a newly created role. Andy Biggs joins CFH Clearing from FCA regulated rival firm IS Prime, where he was Head of Liquidity for the last three years and…

Read more
May 15, 2018 BY LeapRate Staff

CySEC clarifies rules for Forex brokers offering cryptocurrency CFDs

Cyprus financial regulator CySEC has just issued a new circular, outlining the rules governing brokers which offer cryptocurrency CFD trading to clients. CySEC began by pointing out - as did UK regulator the FCA last month - that while cryptocurrencies themselves are not considered financial instruments as defined by European rule-setter ESMA, derivatives of cryptocurrencies…

Read more
May 15, 2018 BY LeapRate Staff

FastMatch monthly revenues edge up to €1.7 million in Q1-2018

Financial markets operator Euronext NV (EPA:ENX) has released its quarterly financial report for Q1-2018, indicating healthy growth across most of its business lines, including 16% top line Revenue growth. Euronext indicated that its recently acquired Forex ECN business, FastMatch, also did fairly well in Q1, with FastMatch revenues totaling €5.2 million (USD $6.2 million) in Q1,…

Read more