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.
June 10, 2021 BY Steffy Bogdanova

Morgan Stanley appoints several E*Trade executives to senior roles

It was also announced that Mike Murphy, head of brokerage services at E*Trade, will lead digital direct client service and Chris Larkin, E*trade’s head of trading, will oversee trading across the division. Additionally, Shane Mulron, who previously led institutional product and risk management for E*Trade, will lead business control and support. Last year, Morgan Stanley…

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CAPEX.com adds 12 new cryptocurrencies to its offering
June 10, 2021 BY Steffy Bogdanova

CAPEX.com adds 12 new cryptocurrencies to its offering

Christina Koullapi, Executive Director at Key Way Investments Ltd, the company operating CAPEX.com under its CySEC regulation, said: With crypto transactions allowed on massive payment platforms such as PayPal and investment banks such as Goldman Sachs or Morgan Stanley offering access to crypto funds for its clients, it was a logical step for us to…

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Acquisition
June 10, 2021 BY Steffy Bogdanova

Broadridge acquires AdvisorStream

Broadridge’s data foundation, together with AdvisorStream, will allow financial advisors to pinpoint what is most relevant and engaging for individual clients at each step of the investor lifecycle. Additionally, AdvisorStream’s compliance capabilities provide flexibility for advisors while still integrating into existing head office marketing workflows. Kevin Mulhern, CEO of AdvisorStream, commented: When we created AdvisorStream,…

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CySEC
June 09, 2021 BY Steffy Bogdanova

CySEC withdraws Bogofinance Capital Markets’s (FXJet) ICF membership

The move follows CySEC’s decision to withdraw the Cyprus Investment Firm (CIF) licence of BogoFinance Capital Markets. BogoFinance Capital Markets is a subsidiary of Lebanon-based broker BogoFinance, established in 2006 by local entrepreneur Joseph Boghos. The company obtained its CIF licence in 2017 when it entered the EU market and then rebranded as FXJet. Other…

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Australia
June 09, 2021 BY Steffy Bogdanova

Australian consumers lose $400,000 to smartphone app Ponzi scheme

An ACCC spokesperson stated: The ‘Hope Business’ app is a scam. Victims were encouraged to transfer funds in a Ponzi scheme. They were initially able to withdraw funds which encouraged them to recommend the application to family and friends, but they were subsequently unable to access their money. The same spokesperson then stressed that anyone…

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daily market analysis
June 09, 2021 BY Steffy Bogdanova

Daily market commentary: The stillness of the greenback comes as many are looking towards the US CPI for May

EUROPEAN SHARES  Stocks fluctuated with lower volumes than usual in Europe on Wednesday, following a mixed trading session in Asia where losses in Japan were offset by gains from Chinese shares. While investors search for new bullish catalysts to drive stock prices higher, there are still no significant bearish market drivers to trigger a sell-off…

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European Securities and Markets Authority Regulation
June 09, 2021 BY Steffy Bogdanova

Dutch regulator plans to restrict turbos backed by ESMA

AFM first flagged concerns towards the end of last year surrounding fears that retail investors are not thoroughly protected against the aforementioned derivative products. It additionally cited an official survey from regulators which found that around 68% of turbo investors in retail end up losing their money, the survey finding an average loss of around…

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Equiti mastercard
June 09, 2021 BY Steffy Bogdanova

Equiti releases payment card and mobile app

Ahead of the launch, traders were informed of the Equiti prepaid Master card and app and they demand showed a roughly 250% higher uptake rate than originally anticipated. Mohamed Alahmad, managing director for the Middle East region at Equiti, said: Equiti aims to make our client’s experience a global market disruptor so we are thrilled…

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Credit Financier Invest New Website
June 09, 2021 BY Steffy Bogdanova

CFI Financial launches new website

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The importance of a website goes beyond making an aesthetically appealing series of pages and delves into the needs and expectations of traders. This is a preemptive effort by the team to future proof the CFI name and experience while ensuring…

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Visa
June 08, 2021 BY Steffy Bogdanova

Visa teams up with Goldman Sachs to improve global payments

Alan Koenigsberg, global head of new payment flows, Visa Business Solutions said: There is an immediate need for modernization of global money movement to help businesses around the world simplify and enhance how they pay and get paid across borders. Visa’s partnership with Goldman Sachs Transaction Banking is an important milestone in our efforts to…

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