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.
Forex Weekly Look Back
April 02, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCM adds social and copy trading via ZuluTrade, ASIC bans binary options and restricts CFDs trading

The Financial Conduct Authority (FCA) released a new policy statement on its website announcing that all UK crypto firms must now submit financial crime reports on a yearly basis, regardless of annual revenue. Within the new financial crimes reporting sphere are cryptoasset business, following plans released eight months ago alluding to the policy change. The…

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ASIC
April 02, 2021 BY Steffy Bogdanova

CBA sued by ASIC over misleading conduct

The incorrect fees have been found to be a result of manual errors executed by CBA staff members, as well as improperly configured or inadequate processes and systems which dismissed the fact that a vast number of customers were entitled to waivers on any fees. CBA was also found to have produced misrepresented justifications of…

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Integral volumes report
April 02, 2021 BY Steffy Bogdanova

Integral reports ADV of $53.6 billion in March

Last month was also the second-highest monthly volumes on record for the company with the highest ever being March 2020 during the height of the pandemic-induced volatility. The volumes increase in March follows a recent upward trend at Integral seen in the last few months.  The rise is attributed to the increasing activity on TrueFX…

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ASIC
April 01, 2021 BY Steffy Bogdanova

ASIC bans Binary Options sale to retail clients

ASIC Commissioner Cathie Armour said: Binary options’ product characteristics make them incompatible with investment or risk management use by retail clients. ASIC’s product intervention order will protect retail investors from these harmful products at a time of heightened vulnerability. According to the Commission, retail clients’ net losses from trading binary options are estimated at around…

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April 01, 2021 BY Steffy Bogdanova

Equiti Capital partners with Lucera for LumeFX deployment

Benedict Sears, Head of Equiti Capital’s FX Desk, commented: We are very pleased to have partnered with Lucera to expand the technology we use to distribute liquidity to clients. As a desk the high fill rates and aggressive pricing we provide to our electronic clients is paramount, the low latency of the co-located infrastructure provided…

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Eurex
March 31, 2021 BY Steffy Bogdanova

Eurex adds new factor futures to its equity index segment

Both part of Deutsche Börse Group, Eurex and Qontigo, have teamed up to offer factor investors an easy, transparent and cost-efficient alternative to trading the underlying equities or using OTC instruments. Stephan Flaegel, Global Head of Indices and Benchmarks, Qontigo said: Our STOXX Industry Neutral Ax Factor Indices suite relies on commercially accepted and academically…

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