May 07, 2018 BY LeapRate Staff

P2P crypto trading platform CoinTouch (and other) sites shut due to GDPR legal concerns

File this one under the title of Unintended Consequences. After gaining popularity among many Bitcoin and crypto token traders in recent months, P2P trading platform CoinTouch has announced on its website at cointouch.com that it is shutting down due to uncertainty which the new General Data Protection Regulation (GDPR) presents to website operators. Chris Beach, who…

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May 07, 2018 BY LeapRate Staff

What you get, and what you really need - from the FX broker platforms

The following article was written by Gavin Loduwick, CEO and Richard Goers, CIO and CTO of next generation platform provider Managed Leverage. This article asks the question: what the active retail trader in derivatives actually needs in intelligence and risk management tools in order to achieve their trading objectives… as opposed to what is actually…

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May 04, 2018 BY LeapRate Staff

Exclusive: FX and crypto affiliate group Investoo gets FCA registration

LeapRate Exclusive... LeapRate has learned that Investoo Group, which has rapidly grown to become one of the largest FX and crypto affiliates, is now registered by the Financial Conduct Authority (FCA) in the UK, as an Appointed Representative of Met Facilities LLP. Met Facilities provides a regulatory hosting umbrella for funds, start-ups, fintechs and financial…

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May 04, 2018 BY LeapRate Staff

Exclusive: Vantage FX launches new brand VT Markets

The company reported that VT Markets Pty Ltd possesses the most advanced technologies of the group and will make major breakthroughs in all aspects of mobile network applications, online transactions, trading communities and intelligent transactions. According to these reports, VT Markets will launch their state-of-the-art mobile trading App in May 2018. As was also exclusively…

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May 03, 2018 BY LeapRate Staff

Leucadia books $62M gain on FXCM loan, still owed $70M at Q1-2018

Investment company Leucadia National Corp (NYSE:LUK) - which is in the process of rebranding itself to Jefferies Financial Group - has issued its 10Q quarterly report for Q1-2018, providing an update among other things on its outstanding loan to Retail FX broker FXCM Group. In the big picture, Leucadia reported that to date (as of March…

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May 03, 2018 BY LeapRate Staff

SteelEye and MAP FinTech collaborate in research and development for Regulatory Reporting

SteelEye, the compliance technology and data analytics firm and MAP Financial Technologies Limited, (MAP FinTech) which specialises in regulatory reporting solutions have announced a research and development partnership. The partnership will focus on the two firms’ complementary areas of regulatory reporting, specifically relating to EMIR, MIFID-II/MIFIR and Best Execution solutions. SteelEye has developed an intelligent…

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Oanda acquired CVC
May 02, 2018 BY LeapRate Staff

Forex broker OANDA acquired by private equity firm CVC

Private equity firm CVC Capital has made another acquisition in the online space. Several months after partnering with Blackstone in the $4 billion buyout of online payments specialist Paysafe, CVC has acquired retail FX broker OANDA. The price and other terms of this deal, however, were not announced. The press release follows: CVC Capital Partners…

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