Forex Industry News was highlighted this week by a number of senior FX executive moves, all of which were reported exclusively or first at LeapRate. Who is the new CEO at GKFX? Where did former NetDania CEO Jonas Nielsen move to? Which institutional FX B2B firm did AMB Prime executive Paul Orford join? Who is…
Read moreContinuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian regulator OSC has issued a warning against an entity called Bristol Consulting FX. Bristol Consulting FX , also doing business as www.bristolconsultingfx.com is not registered in Ontario to engage in the business of trading in securities. The company…
Read morePercival and NDU have just announced that they have completed and signed the main delivery agreement on 30th May 2018 to deliver Percival’s DEPEND CSD solution and their HUBBLE message layer to the National Depository of Ukraine (NDU). This delivery agreement now incorporates the findings of the joint Design Study including the scope of customisation…
Read moreFCA regulated FX and CFDs broker ActivTrades has just announced the opening of a new entity in Nassau, ActivTrades Corp. This strategic move enables ActivTrades to better serve its international client base and business partners, especially in South America and Asia. The new entity is fully regulated by the Securities Commission of the Bahamas and…
Read moreCME Group Inc. (NASDAQ: CME) has announced it priced an underwritten public offering of $500 million aggregate principal amount of senior unsecured 3.750% notes due 2028 and $700 million aggregate principal amount of senior unsecured 4.150% notes due 2048. The offering is being made under CME Group's existing shelf registration statement and is expected to…
Read moreLeapRate Exclusive... LeapRate has learned that FX and multi-asset liquidity provider and prime broker INFLYX has hired FX industry veteran Paul Orford as the company's new Head of Institutional Sales. Based in Cyprus, INFLYX is a trade name of CySEC-licensed ICC Intercertus Capital Limited. ICC also operates Retail FX brokerage brand EVERFX. LeapRate reported exclusively…
Read moreTrendrating, a provider of Smart Momentum investment models and technology, announced today the launch of 14 new Momentum indexes across various investment universes. These indexes employ Trendrating’s proprietary trend capture methodology to deliver superior returns. The calculations for these indexes are being implemented by Solactive AG. We are excited to announce the launch of this…
Read moreINTL FCStone Inc. (Nasdaq: INTL), today announced that it has executed a sale and purchase agreement to acquire FX broker Carl Kliem S.A, of Luxembourg. Closing is conditional upon approval of the Commission de Surveillance du Secteur Financier. Carl Kliem is an independent interdealer broker based in Luxembourg, a leading European financial hub, which provides…
Read moreThe Alberta Securities Commission (ASC) has announced the appointment of Samir Sabharwal as General Counsel, effective immediately. Mr. Sabharwal has been serving as Acting General Counsel since the May 2018 appointment of Kari Horn to the role of Vice-Chair. Samir is highly qualified for this role, having served as the ASC’s Associate General Counsel for…
Read moreThe Securities Industry and Financial Markets Association (SIFMA) has announced that it will wind down the publication of its suite of SIFMA Auction Rate Securities Indices. To do so in an orderly fashion with proper notice to the market, each time the number of issues included in an index decreases to ten, SIFMA will post…
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