Forex Sports Sponsorship: AvaTrade becomes Online Trading Partner of Man City LeapRate

February 08, 2018 BY Valentina Kirilova

Forex Sports Sponsorship: AvaTrade becomes Online Trading Partner of Man City

English Premier League football club Manchester City has announced a new multi-year regional partnership with AvaTrade to become the Club’s Official Online Trading Partner throughout China, Asia and Latin America. AvaTrade is an online trading broker, whose portfolio of traders span across the globe. The company is revolutionising the online trading industry by providing an…

February 08, 2018 BY Valentina Kirilova

France's AMF survey: one french person in two believes that equities are the best long-term investment

The AMF announced that it is launching an annual study to gain a better understanding of the behaviour and opinions of retail investors. The first edition of this Survey , which is the most complete overview of the market with regard to savers’ decisions and objectives, in particular measures their appetite for the Stock Market…

Lingxi ,China Finance Online Co. Limited

February 08, 2018 BY Valentina Kirilova

FTSE Russell launches global equities net of Tax Index series for Australian superannuation funds

FTSE Russell, the global index provider, has introduced the FTSE All-World ex Australia Net Tax (Super) Index Series which is designed to support the superannuation industry’s focus towards greater transparency and more accurate measurement of performance. The index series calculates net returns for global equities after deducting both capital gains tax and withholding tax. Capital…

February 08, 2018 BY LeapRate Staff

CySEC demands notification and authorization from FX brokers taking clients from other countries

Continuing its efforts to clean up the domestic Retail FX sector, Cyprus financial regulator CySEC has issued a circular this morning entitled "Provision of investment and ancillary services and/or performance of investment activities in a third country". See full text below. Effectively, CySEC is cracking down on its domestic licensed FX brokers which take on…

February 08, 2018 BY Valentina Kirilova

Nasdaq relocates its global headquarters to 4 Times Square

Nasdaq, Inc. (NASDAQ:NDAQ) just announced it is relocating its global headquarters from downtown Manhattan to its current Nasdaq MarketSite location at The Durst Organization’s 4 Times Square. Highlights of the new agreement include the following: The deal with The Durst Organization more than quintuples Nasdaq’s existing footprint at the property. The 10th floor will be…

February 08, 2018 BY Valentina Kirilova

MAS encourages financial institutions to use technology to on-board customers more efficiently

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding. MAS requires FIs operating in Singapore to implement robust controls when onboarding new customers, e.g. when opening a bank account, to detect and deter money laundering or terrorism…

February 07, 2018 BY LeapRate Staff

GAIN Capital's Forex.com has best month in over a year, January 2018 Retail FX volumes at $249 billion

After we reported last week that its institutional FX arm GTX had seen record trading volumes in January, FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has released its full metrics for the month indicating a very strong set of results for its Retail FX arm Forex.com. GAIN Capital's Retail FX volumes totaled $249 billion in January,…

AFM imposes an order for incremental penalty payments on Miscanthus Green Power B.V.

February 07, 2018 BY Valentina Kirilova

Martin van Rijn appointed as a member of the Supervisory Board of the AFM

Minister Hoekstra of the Dutch Ministry of Finance informed that he has appointed Martin van Rijn as a member of the Supervisory Board of the Dutch Authority for the Financial Markets (AFM). The appointment is as of 1 February 2018 for a period of 4 years. Martin van Rijn is the chairman of the Board…

February 07, 2018 BY Valentina Kirilova

ADGM launches e-KYC utility project with consortium of Key UAE financial institutions

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announced the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions. This initiative follows the first Regional Regulators’ Roundtable for MENA regulators hosted…

February 07, 2018 BY Valentina Kirilova

Bank Of England issues Statements of Commitment to Market Codes

Yesterday the Bank of England has issued Statements of Commitment to the FX Global Code, the UK Money Markets Code and Global Precious Metals Code (the “Codes”). By issuing these Statements of Commitment, the Bank is demonstrating that it is committed to adhering to the principles of these Codes when acting as a market participant…

Category: Forex