LeapRate Staff
LeapRate Analyst
April 19, 2018 BY LeapRate Staff

Exclusive: Masahiro Funada replaces Tomitaka Ishimura as CEO of GMO Z.com Trade UK

LeapRate Exclusive... LeapRate has learned that top-level management changes have taken place at FCA regulated Retail FX broker GMO-Z.com Trade UK Limited, the UK operating arm of Japanese financial group GMO Financial Holdings Inc (TYO:7177), the world's largest Retail Forex operation. We should note that the changes are part of an overall management shuffle within GMO,…

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April 19, 2018 BY LeapRate Staff

SEC introduces Regulation Best Interest to protect retail investors

The U.S. Securities and Exchange Commission (SEC) today voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of advice relationships and investment products. Under proposed Regulation Best Interest, a broker-dealer would be…

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April 18, 2018 BY LeapRate Staff

The truth behind Binary Options fraud: new CFTC video series

The U.S. Commodity Futures Trading Commission (CFTC) announced today the release of The Truth Behind Binary Options Fraud, new videos that give viewers a first-hand look at the tactics shrewd fraudsters use to con investors out of hundreds or even thousands of dollars. The first of the videos follows (for the second, see the bottom…

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April 18, 2018 BY LeapRate Staff

The Rise and Fall of Crypto or Just Another Swing?

The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Cryptocurrencies are well established in the portfolios of private investors, who, unlike institutional funds, do not fear huge volatility and vulnerability to speculation. The same thing that attracts new investors is, at the same…

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April 17, 2018 BY LeapRate Staff

Exclusive: CySEC licensed institutional FX broker PositivaFX acquired and rebranded to ATFX, expands to Retail

LeapRate Exclusive... LeapRate has learned that ATFX has expanded to Cyprus, acquiring control of CySEC licensed institutional FX broker PositivaFX. ATFX is a co-brand shared by a number of different entities globally including FCA regulated AT Global Markets (UK) Limited in the United Kingdom, ATFX Global Markets (CY) Limited in Cyprus, AT Capital Markets Limited…

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April 17, 2018 BY LeapRate Staff

Binary options and crypto CEO Blake Kantor arrested, faces 20 years in jail for fraud

The US Department of Justice has announced that a three-count indictment was unsealed yesterday (see below) in federal court in charging Blake Kantor, also known as “Bill Gordon,” with conspiracy to commit wire fraud, obstruction of an official proceeding and making false statements to Special Agents of the FBI. Kantor was arrested by federal authorities yesterday and…

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Ivan Gowan Capital.com CEO
April 16, 2018 BY LeapRate Staff

Exclusive: CFD broker Capital.com hires IG executive Ivan Gowan as CEO

LeapRate Exclusive... LeapRate has learned that recently-launched CySEC licensed Retail FX and CFDs broker Capital.com has hired longtime IG Group Holdings plc (LON:IGG) executive Ivan Gowan (pictured above) as its new CEO. Mr. Gowan will be based in London, and also heads up the company's UK office. He replaces Kira Bondareva as CEO. We understand that…

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April 16, 2018 BY LeapRate Staff

Invast Global launches (another) oneZero Hub in Tokyo Equinix TY3

Sydney, Australia based boutique prime broker Invast Global has announced the launch of a Tokyo oneZero Hub in EquinixTY3. This development follows on from the unveiling of the London Invast LD4 oneZero Hub only three weeks ago. The addition of the TY3 Hub means that clients around the world can now seamlessly connect to the award-winning…

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