Category: Forex

ESMA - Did they go too far?
December 21, 2017 BY LeapRate Staff

Let your voice be heard on ESMA's 30x Forex leverage plan!

Pan-European financial regulator ESMA's plans to severely restrict the online trading business in Europe, if implemented, will have far-reaching effects for traders and brokers alike. ESMA's proposals include: 30x leverage cap on Forex and CFD trading ban on 'bonus' payments to retail traders ban on Binary Options trading required negative balance protection for retail clients…

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NZX Carbon Fund (CO2)
December 21, 2017 BY Valentina Kirilova

NZX appoints BNP Paribas' Hugh Stevens to lead funds management business

NZX just announced the appointment of Hugh Stevens to lead the exchange’s funds management business, effective Monday 5 February 2017. Hugh Stevens will oversee NZX’s Auckland based Smartshares exchange traded funds (ETF) business and its superannuation and KiwiSaver business, SuperLife. He will report to NZX CEO Mark Peterson and the Smartshares Board. Stevens is the…

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180capital amana centroid
December 21, 2017 BY LeapRate Staff

Amana Capital, Centroid Solutions, and 514 Capital Partners plan to unite under 180 Capital

Amana Capital, Centroid Solutions, and 514 Capital Partners have announced a transformational plan to unite all three entities under a new holding structure, named ‘180 Capital’. The opportunity to create a new force in financial technology, was the catalyst in the evolution from separate entities to a combination of entities. 180 Capital (180cap.com) will incorporate…

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BIS announces key appointments in Singapore and Switzerland
December 21, 2017 BY Valentina Kirilova

Monex Group announces changes in management

Monex Group, Inc. announced changes in management, personnel and organization of Monex, Inc. (TYO:8698), its wholly owned subsidiary. The Management Changes are effective January 1, 2018 and include: Nozomi Takasaki - Managing Director Senior Executive Director (Johmu) Satoshi Hasuo - Managing Director Senior Executive Director (Johmu) Takuya Yamanaka - Senior Executive Director (Johmu) Monex, Inc. will also make…

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FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit
December 20, 2017 BY LeapRate Staff

FCA expects EU-MiFID license passporting to continue post-Brexit

It looks like London's Retail FX brokers and financial institutions can breathe easy. At least for now. UK financial regulator the FCA issued a statement this afternoon, indicating that it expects the UK will remain within the MiFID license passporting system after Brexit is implemented, allowing financial services companies (such as FX brokers) to receive…

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ICM Capital cTrader platform
December 20, 2017 BY LeapRate Staff

ICM Capital launches Spotware's cTrader Forex trading platform

FCA regulated retail forex broker ICM Capital has announced that it has integrated the cTrader Forex trading platform. cTrader will be added to ICM Capital's growing list of products and services, which includes the launch of Bitcoin CFDs last month. As of today, the company will begin onboarding clients to this new platform where they…

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December 20, 2017 BY Valentina Kirilova

Thomson Reuters clients given access to FX trading on Moscow Exchange

Thomson Reuters (NYSE:TRI) announced that its clients have been given access to aggregate quotes of the Moscow Exchange FX Market via Thomson Reuters’ FX Trading platform. The new functionality will allow users to see quotes of Moscow Exchange, Thomson Reuters Matching, Orderbook and counterparty banks’ liquidity on one desktop and trade at the best available…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
December 20, 2017 BY Valentina Kirilova

Marc P. Berger named Director of SEC New York Regional Office

The Securities and Exchange Commission (SEC) announced that Marc P. Berger has been named Director of the New York Regional Office. He will join the agency in January 2018. Mr. Berger is presently global co-head of Ropes & Gray LLP’s Securities and Futures Enforcement Practice. Before joining Ropes & Gray, Mr. Berger spent 12 years…

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playtech offices
December 20, 2017 BY LeapRate Staff

Playtech sets agreement with Armin Sageder to reorganize BGT Sports division

Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the proposed internal corporate re-organisation of the Playtech BGT Sports division ('PBS'). Following the acquisition of Best Gaming Technology GbmH ('BGT') which was announced on 13 July 2016, Playtech established PBS, its new sports division led by Dr Armin Sageder. At the time of…

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