Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
daily market analysis
July 13, 2021 BY Steffy Bogdanova

Daily market commentary: Price gains for oil are likely to be capped by anxiety amongst investors due to the Covid Delta strain

OIL Oil traded higher during early Tuesday, with most of Monday’s losses already cancelled. The price of the barrel remains conditioned by tight supply, with the markets expecting a continuation of the declines in US crude stockpiles, which have been on a downward trend since February. However, further price gains for oil are likely to…

Read more
digital wallet
July 13, 2021 BY Steffy Bogdanova

Skrill adds 20 new cryptocurrencies to its digital wallet

Skrill was initially launched in 2018 and since then it has been expanding and strengthening its crypto offering adding new currencies and functionality. Skrill’s crypto services is now available in almost 100 countries. Customers of the digital wallet can make direct crypto-to-crypto currency conversions and set recurring or conditional orders, for example, based on price…

Read more
IS Prime
July 13, 2021 BY Steffy Bogdanova

IS Prime creates new variable spread indices and oil

Barry Flanigan, Head of Distribution and Liquidity, IS Prime, commented: Traditionally, Liquidity Providers offer fixed spreads on indices and oil but we have seen increasing demand from clients for variable pricing. We developed our product in this area for a particular client and are rolling it out on a wider basis to enable more clients…

Read more
ESMA
July 13, 2021 BY Steffy Bogdanova

ESMA seeks stakeholder feedback on CCP recovery regime

Klaus Löber, Chair of the CCP Supervisory Committee, said: The launch of ESMA’s public consultations, on the implementation of the CCP recovery mandates, is the first step to ensuring consistency of EU central counterparties recovery regimes at EU level in line with the highest international standards. The proposed Regulatory Technical Standards and Guidelines complement the…

Read more
EBS launched a EBS Direct platform.
July 12, 2021 BY Steffy Bogdanova

EBS launches upgraded version of EBS Direct Platform

Jeff Ward, Global Head of EBS, said: Providing our customers with unparalleled OTC FX liquidity and best-in class technology that dramatically improves latency and the execution experience for our customers is of the utmost importance to EBS. The next generation EBS Direct platform is 10x faster than our legacy platform, and the underlying technology will…

Read more
CME Group
July 12, 2021 BY Steffy Bogdanova

CME Group reports international ADV of 5.1 million contracts in Q2 2021

William Knottenbelt, Senior Managing Director and Head of International, CME Group, said: In the second quarter of this year, we saw strong interest across our international client base, especially in our Agricultural products which established record quarterly volumes. We are committed to continuing to provide a robust, liquid and regulated marketplace for clients to manage…

Read more
July 12, 2021 BY Steffy Bogdanova

US banker Susan Skerrit joins IG Group as a non-exec director

IG Group Chairman, Mike McTighe, said: Following an extensive, externally facilitated search I am delighted to welcome Susan to the Board. She is an experienced Non-Executive Director and brings significant financial markets experience working with US-based companies and regulators, which will be highly valuable. Susan Skerrit commented: IG Group is an empowering and innovative company…

Read more
CySEC
July 12, 2021 BY Steffy Bogdanova

CySEC suspends the CIF licence of Depaho, operator of FXGM

The Cyprus watchdog went on to list other suspected violations and noted that the investment firm: does not appear to comply at all times with the conditions for authorisation; does not appear to take all reasonable steps to identify and to prevent or manage conflicts of interest between itself, including its managers, employees and tied…

Read more
Playtech finalto
July 09, 2021 BY Steffy Bogdanova

Playtech postpones shareholder vote on Finalto’s sale

In May Playtech and the consortium signed a binding deal for the sale of Finalto for $210 million after a lengthy and complicated approval process. Playtech said in its latest statement: Playtech and the Consortium are bound by the restrictions agreed as part of the SPA, which includes not engaging in negotiations with any third…

Read more