The U.S. Securities and Exchange Commission (SEC) today announced its highest-ever Dodd-Frank whistleblower awards, with two whistleblowers sharing a nearly $50 million award and a third whistleblower receiving more than $33 million. In total - more than $88 million paid out by the SEC. The previous high was a $30 million award in 2014. Jane…
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LeapRate Exclusive... LeapRate has learned that Forex broker technology and solutions provider Leverate has hired Yaara Rozenblat as its new Head of Marketing. She replaces Nicc Lewis, who recently left Leverate to start his own online marketing consulting firm. She will formally take up her duties at Leverate next week. Yaara Rozenblat has spent the past…
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ASIC licensed Retail FX education and brokerage firm ACY Capital has announced that it has undergone an integration of its service suite with Alibaba’s newly launched data center in Indonesia, enhancing the cloud-based trading engine, helping extend retail client and institutional clients within Indonesia. The new integration will help allow ACY Capital’s clients to enjoy…
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Centroid Solutions, a financial technology company servicing FX brokers, has announced the launch of its new website at centroidsol.com. The firm’s digital identity has been fully revamped to follow the latest trends and has been created with the user experience firmly in mind. The new website includes extensive product information to help users understand Centroid…
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TechFinancials Inc (LON:TECH) has announced that the ICO pre-sale of its Blockchain based online diamond exchange unit CEDEX was successfully completed. CEDEX hit its target of selling 25 million CEDEX tokens, at a price of 1 Ethereum = 900 CEDEX tokens. At Ethereum's current price of USD $544, that adds up to a $15 million…
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Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) completed what was a very up and down year in 2017 by reporting that Q4 Revenues were down 25% from Q3, coming in at HK$136 million (USD $17.4 million). The company just about broke even on the bottom line, with Q4 Net Profit of…
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Your Weekly Trading Review by UFX.com – Sunday, March 18, 2018 Here are some of this past week’s leading economic news and events that affected the financial markets: Cryptocurrencies Continue to Fall Cryptocurrencies experienced a decrease in value of over $60 billion on Thursday. The market remains volatile as Google plans to ban all online ads that…
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Dominating Forex Industry News this week at LeapRate, quite clearly, was our coverage and the industry discussion it evoked on Google's plans to ban crypto and binary options related ads, and for Google to require certification for all Forex and CFD ads. What type of 'certification' will Google require? When do Google's new rules kick…
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Shares of London based electronic trading firm and exchange operator NEX Group PLC (LON: NXG) were sent soaring by more than 30% on Friday, after the company confirmed last night that it was indeed the subject of an acquisition approach by US rival CME Group Inc (NASDAQ:CME). CME's own shares didn't react much, trading up 0.6% in…
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CySEC licensed Retail FX broker RoboMarkets, which recently rebranded from RoboForex, has announced the launch of leveraged cryptocurrencies trading. The company stated that RoboMarkets now offers CFDs on the six most popular cryptocurrencies – Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and Ripple. Investments into new instruments are available in MetaTrader 4, MetaTrader 5, WebTrader, and…
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