Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
January 05, 2017 BY Valentina Kirilova

Former Falcon bank Singapore head charged over multibillion dollar 1MDB scandal

A Swiss bank executive in Singapore has become the first western national to face criminal prosecution over the suspected looting of billions of dollars from Malaysia’s 1MDB state investment fund, Financial Times reported earlier today. Jens Sturzenegger, former head of Falcon Private Bank’s Singapore branch, will plead guilty to some of a 16-count charge sheet…

Read more
January 05, 2017 BY Valentina Kirilova

Fed minutes offer few clues as to next rate move

Last night's Fed minutes reinforced US policymaker expectations that we could well see multiple rate rises this year after last month’s rate rise, though officials remained cautious given the lack of clarity on the type of fiscal expansion that might be forthcoming in the coming months. In contrast to last year, this week’s data would…

Read more
January 05, 2017 BY Valentina Kirilova

ICM Capital offers £1,000,000 insurance for FX and CFD traders

FCA regulated retail forex broker ICM Capital just announced it has enhanced its client-fund protection to cover £1,000,000. This new insurance is available to all ICM Capital live account holders at no additional cost and is underwritten by QBE Underwriting Limited and other participating syndicates at Lloyd’s of London. The UK-headquartered broker is one of…

Read more
sfc bans
January 05, 2017 BY Valentina Kirilova

SFC bans a former employee of Citibank (Hong Kong) Limited

The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, a former employee of Citibank (Hong Kong) Limited, from re-entering the industry for six months from 5 January 2017 to 4 July 2017. The SFC found that in August 2015, Cheung, when processing a client’s bond application, photocopied the client’s signature from her…

Read more
January 05, 2017 BY Valentina Kirilova

CBOE announces new all-time highs in 2016 volume report

CBOE Holdings, Inc. (NASDAQ: CBOE) just reported December and full-year 2016 trading volume and average revenue per contract (RPC) data. Several trading records were set for the year. Total volume and average daily volume (ADV) in index options trading at CBOE reached new all-time highs for the fourth consecutive year in 2016 with 430.7 million…

Read more
January 05, 2017 BY Valentina Kirilova

TFX announces a slight drop in December but good annual results

The Tokyo Financial Exchange (TFX) announced December and annual 2016 volume.  Although the total trading volume results for the last month of 2016 were not so good, down 24.1% compared to November, the annual results seem to be quite alright with 25.3% YoY rise in trading volume of Three-month Euroyen futures. Here are some of December's highlights:…

Read more
cysec cif licence suspension
January 05, 2017 BY Valentina Kirilova

AirFinance Pro Ltd renounces authorisation

The Cypress Securities and Exchange Commission (CySEC) has announced that AirFinance Ltd, a company under CySEC supervision that provides investment services through the websites www.ytftradeltd.com, www.investing-area.com, www.buzztrade.com, www.binaryroyal.com and www.cfdroyal.com has decided to renounce its authorisation. The authorization of AirFinance Pro Ltd was suspended on 17 June 2016, and the company has informed on 9…

Read more