WFE calls for common regulatory classification of stablecoins LeapRate

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.

WFE started developing common taxonomy on stablecoins

July 22, 2020 BY Steffy Bogdanova

WFE calls for common regulatory classification of stablecoins

WFE has expressed its belief that regulators should cooperate to share information on global stablecoing and crypto-assets and issues on the trading platforms. To address customer protection and market integrity, a formalised co-ordinated approaches to enforcement and oversight in general need to be developed. Nandini Sukumar, Chief Executive Officer of the WFE said: We support…

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acquisition

July 22, 2020 BY Steffy Bogdanova

Online Broker Flatex secures regulator approval to buy DeGiro

Flatex CEO Frank Niehage also received a regulatory approval and will now join the supervisory board of DeGiro. Frank Niehage, CEO of flatex AG commented: When we signed the transaction, DEGIRO had less than 500k customers. We are now closing the transaction with 250k additional new clients at no additional costs and are becoming the…

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eToro’s former UK CEO Iqbal Gandham joins CoinBurp

July 22, 2020 BY Steffy Bogdanova

CEO Christopher Gore leaves after 11 years with GO Markets

Yesterday Gore stated on social media: Today is my final day as CEO of GO Markets, so I thought it is perhaps appropriate that I give a quick shout-out to my team and acknowledge the help and support I’ve received over the last 11-years. We’ve grown a great business together. I look forward to seeing…

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Banque de France shares list of partners with which it will build a central bank digital currency

July 22, 2020 BY Steffy Bogdanova

Banque de France will build a central bank digital currency in partnership with Soc Gen, HSBC and six other partners

The conclusions and results from these experiments will directly contribute to the more global reflection conducted by the Eurosystem on the value of a central bank digital currency. Todd McDonald, Chief Product Officer at R3, said: The digital Euro project is a unique and ambitious undertaking. The Euro was a major innovation itself, so it…

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partnership

July 21, 2020 BY Steffy Bogdanova

Equiduct partners with Exactpro for quality assurance of its software

Matt Stupple, CTO of Equiduct, commented: As an Exchange known for innovation and stability, rigorous testing of new software is critical to the continued development of the platform. We have been very happy with the Equiduct-Exactpro relationship and the quality of software we have been able to deliver on time and within budget. Iosif Itkin,…

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Julia Ilichyova becomes operational director at Brokeree Solutions

July 21, 2020 BY Steffy Bogdanova

Exclusive: Brokeree Solutions appoints Julia Ilichyova as operational director

Julia Ilichyova, Operations Director of Brokeree Solutions said: Brokeree Solutions has a team of well-versed specialists with an in-depth knowledge of the industry I am honored to be a part of such a great organization and eagerly looking forward to upcoming projects and challenges. One of the new projects that I am excited about is…

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CFTC fine

July 21, 2020 BY Steffy Bogdanova

Southwest Group to pay $75K for conducting forex exchange transactions without registration

CFTC found that Southwest Group offered customers forex transactions through a “Premium + Layaway Program” financing option. The “program” was financed by Southwest Group while acting as the counterparty to these retail forex transactions. It took 30 or 45 days for the retail customers to receive their forex instead of the usual two. The US…

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SEC acts against 11 firms neglecting electronic communications

July 21, 2020 BY Steffy Bogdanova

UBS to pay $10 million in settling charges for “flipping” municipal bond offering

SEC has previously brought similar charges of municipal bond offering “flipping” and retail order period abuses in August 2018, December 2018, September 2019 and in April 2020. UBS did not admit nor deny the findings but agreed to a cease-and-desist order. The order also imposes a $1.75 million penalty, $6.74 million in disgorgement of ill-gotten…

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partnership

July 21, 2020 BY Steffy Bogdanova

AlgoTrader and Enigma Securities partner to provide solutions for institutional investors

Enigma Securities CEO Wilfred Daye commented: We are extremely excited to partner with AlgoTrader to advance our initiative of building the best-in-class global institutional financial services in the cryptocurrency industry. We share the same mission of solving current industry pain points and expanding institutional adoption of cryptocurrency assets. We now offer liquidity service to clients…

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July 21, 2020 BY Steffy Bogdanova

QuantHouse and EliData team up to offer market data and execution capabilities to financial institutions in Europe

Gilles Antoine, Business Development Director EMEA, QuantHouse, said: We are delighted to see a major financial institution in Spain benefit immediately from the EliData-QuantHouse tie up. We consider Spain and Italy key markets and adding EliData as a local partner in Spain, Italy and wider across into Europe helps bring more choice of order execution…

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