Category: Forex

Saxo Bank office
March 29, 2018 BY Valentina Kirilova

Saxo Bank on ESMA’s leverage restrictions: 'fair and proportionate'

Following IG Group Holdings plc (LON:IGG) and Plus500 Ltd (LON:PLUS)'s recent reactions, Copenhagen based multi asset broker Saxo Bank has also spoken, 'strongly' welcoming ESMA’s leverage restrictions. The measures include caps on leverage which Saxo Bank considers fair and proportionate. Saxo Bank expects these measures to be positive for clients and result in a more level…

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cmc markets offices
March 29, 2018 BY LeapRate Staff

CMC Markets reports strong Q4 but fewer active clients in 2018

As we have seen throughout most of the past year from it, FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has issued something of a mixed-message Trading Update leading up to the close of its current fiscal year on March 31, 2018. CMC stated that its "strong year to date performance" was been maintained…

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The hidden index turnover costs: Solactive research
March 28, 2018 BY Valentina Kirilova

The hidden index turnover costs: Solactive research

Solactive AG has just published a new research paper analyzing the additional cost paid by investors in order to passively track a benchmark. The selection of an index as a benchmark has been tied to the cheap cost to reference it; however, in this research paper, Solactive AG quantifies the additional turnover costs that investors…

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AML compliance
March 28, 2018 BY Valentina Kirilova

Elixirr and Kaizen to bring transaction reporting compliance to a new level

Elixirr, the challenger consultancy, and Kaizen, the regulatory reporting assurance experts, have just announced a new partnership, which will deliver a complete end-to-end regulatory reporting remediation service for financial institutions. The two firms will collaboratively offer clients greatly-improved assurance testing, governance and support on their trade and transaction reporting remediation projects. This is a significant…

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Plus500 with a positive reaction to ESMA’s leverage restrictions
March 28, 2018 BY Valentina Kirilova

Plus500 with a positive reaction to ESMA’s leverage restrictions

Shortly after yesterday's IG Group (LON:IGG) reaction, retail FX and CFD broker Plus500 Ltd (LON:PLUS) has also released an update following the announcements from ESMA and the FCA in which they outlined the regulatory changes ESMA proposes to implement in the coming weeks. The principal changes are: leverage limits on the opening of a position by a…

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