March 17, 2016 BY Maria Nikolova

NFA fines introducing broker Hollencrest Securities over fabricated e-mail

Provision of misleading information to the US National Futures Association (NFA) has cost introducing broker Hollencrest Securities $125,000. The fine is related to a fabricated email, which led NFA to conduct an unnecessary seven-month investigation. In March 2015, Nita Charlton-Gomes, controller and human resources manager at Hollencrest back then, contacted NFA's registration department insisting that…

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March 17, 2016 BY Maria Nikolova

TradingView beefs up Indicators/Fundamentals section

Financial visualization platform TradingView continues to enrich the menu of capabilities for charting fans. After enabling creation of custom spread charts with symbols from Quandl and integrating Trade It mobile trading technology into its charts earlier this year, TradingView today delivers a piece of good news for traders who appreciate fundamental analysis. The company has added the…

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March 17, 2016 BY Maria Nikolova

CCB gets authorization as trading & direct clearing participant in markets operated by Deutsche Boerse

China Construction Bank (CCB) Frankfurt Branch has obtained authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Boerse AG (ETR:DB1). This is set to further bolster the accessibility of the German and European capital market to Chinese issuers and Asian investors. China Construction Bank Frankfurt Branch is…

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March 17, 2016 BY Maria Nikolova

Interactive Brokers adds new Technical Indicator Scanners to TWS platform

Online trading services provider Interactive Brokers Group, Inc. (NASDAQ:IBKR) keeps beefing up the functionalities of its Trader Workstation (TWS) platform. LeapRate has already informed you of a number of additions (currently in beta) coming in the platform's build 956, such as Daily P&L Alerts on Positions, and, more recently, a new group of columns labeled “Technical…

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March 17, 2016 BY Maria Nikolova

FINMA facilitates online identification for fin intermediaries' clients, backs addition of new licenses

The Swiss Financial Market Supervisory Authority (FINMA) today highlighted its efforts to go hand in hand with financial innovation by making two announcements: one concerns the new rules for onboarding clients by financial intermediaries; the other concerns the licensing of financial innovation companies. Digital client identification now possible A growing number of financial intermediaries interact…

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March 17, 2016 BY Maria Nikolova

JPX details matching mechanism for Hirose's first day of listing

A follow-up to LeapRate's earlier report on the planned public float of Japanese Forex broker Hirose Tusyo Inc (Hirose FX) on Tokyo Stock Exchange JASDAQ (Standard)... An announcement on the Japan Exchange Group (JPX) website today provides details on the matching mechanism for the first day of listing of Hirose Tusyo Inc. The company's shares will…

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March 17, 2016 BY Maria Nikolova

British Columbia regulator warns against Forex firm AlfaTrade

The British Columbia Securities Commission (BCSC) keeps updating its Investment Caution List, which includes the names of unregistered brokerage firms unlawfully targeting British Columbia investors or misleadingly purporting to be associated with the Canadian province. The latest addition to the Investment Caution List is AlfaTrade, owned by Nemesis Capital Limited. AlfaTrade, which offers Forex services…

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March 16, 2016 BY Maria Nikolova

FXCM Asia to rebrand as Rakuten Securities HK in April

FXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM) and currently a wholly owned subsidiary of Rakuten Securities, today announces its pending rebranding. FXCM Asia Limited (FXCM Asia) will be rebranded as Rakuten Securities Hong Kong Limited (Rakuten Securities HK) on April 21, 2016. This serves to reflect the company business development after Rakuten Securities,…

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March 16, 2016 BY Maria Nikolova

Canada's securities regulators hold Check Registration Day, reiterate binary options risks

The Canadian Securities Administrators (CSA), the council of the 10 provincial and three territorial securities regulators in Canada, encourage investors to take part in the annual Check Registration Day on March 16, 2016. Investors are advised to visit aretheyregistered.ca to see whether the individual or firm offering them an investment or advice is registered to do…

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