Martin Adams joins CloudMargin as Head of Client Operations LeapRate

December 06, 2017 BY Valentina Kirilova

Martin Adams joins CloudMargin as Head of Client Operations

CloudMargin, the creator of the world's first web-based collateral and margin management solution, announced that Martin Adams has joined the firm's senior leadership team as Head of Client Operations. Adams is a 26-year veteran of derivatives operations, with extensive experience in over-the-counter (OTC) and listed derivatives, as well as fixed income and foreign exchange (FX)…

December 06, 2017 BY Valentina Kirilova

EEX and EQS Group agree on cooperation

The European Energy Exchange (EEX), the European energy exchange, and EQS Group, an international technology provider for investor relations, corporate communications, and compliance, will support future participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation (MAR). As of January 3, 2018, the provisions of the Market Abuse Regulation…

December 06, 2017 BY LeapRate Staff

Poland regulator KNF issues criteria for FX broker dividend payments in 2018

Polish financial supervision authority commission Komisja Nadzoru Finansowego (KNF) issued directives yesterday to the country's brokerage houses regarding dividend policy. The KNF recommended that the dividend in 2018 should only be paid by brokerage houses which meet the following criteria in aggregate: A. dividend in the amount not higher than 75% of the net profit for…

December 06, 2017 BY LeapRate Staff

Saxo Bank hires Robert Hjorth to newly established position as Head of Strategy

Copenhagen based multi asset broker Saxo Bank has announced that it has hired Robert Hjorth to take up a newly established position as Head of Strategy, effective from March 1, 2018. In the new role, Robert Hjorth will be driving the strategy planning process and execution to ensure efficient strategy prioritisation and execution across the…

December 06, 2017 BY Valentina Kirilova

Cboe LIS sets another monthly record, Matt Beales joins Cboe Europe

Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced that Matt Beales has joined the Cboe Europe Sales team to oversee sales efforts for Cboe LIS, the company’s fast-growing block trading platform. Cboe LIS, powered by BIDS technology, set another monthly record with more than €3.3 billion traded in November. Mr. Beales, who will serve as…

December 06, 2017 BY Valentina Kirilova

Thomson Reuters еxpands its Connected Risk platform with Model Risk Management solution

Building on its commitment to deliver a suite of next-generation governance, risk and compliance (GRC) solutions to assist the global financial and corporate communities, Thomson Reuters (NYSE:TRI) announced that it has expanded further its Connected Risk platform to include a Model Risk Management (MRM) solution, allowing institutions to demonstrate a real-time understanding of their model…

December 06, 2017 BY LeapRate Staff

Exness reports record month with November FX trading volumes topping $324 billion

Continuing to cement its spot among the world's leading Retail FX brokers, FCA and CySEC regulated broker Exness has reported record FX trading volumes for the month of November, topping the rarefied air above the $300 billion mark for just the second time. Exness has reported that forex trading volumes in its system came in at $324.4 billion…

December 06, 2017 BY LeapRate Staff

Exclusive: Nukkleus, FXDD and IronFX call off planned merger

LeapRate Exclusive... LeapRate has learned via regulatory filings that the long-planned merger of publicly traded Nukkleus Inc (OTCMKTS:NUKK) and related Retail FX broker FXDD with rival broker IronFX has been called off. The original deal, set in June of last year, called for a multi-stage and somewhat complicated set of transactions which would see IronFX as…

December 05, 2017 BY LeapRate Staff

LSE's LCH unit clears over $700 million in G10 FX NDF in one month via ForexClear

LCH, a leading global clearing house majority owned by London Stock Exchange Group Plc (LON:LSE), has announced that it has cleared a total of $745 million G10 FX NDFs currency pairs through its ForexClear service. This volume was achieved within one month of the new product’s go live at LCH. By clearing these additional currency…

LMAX Exchange Group receives Gibraltar DLT license

December 05, 2017 BY LeapRate Staff

Exclusive: CySEC CIF license granted to Jin Liu's new China focused FX broker RZT Capital Ltd

LeapRate Exclusive... LeapRate has learned that Cyprus financial regulator CySEC has granted a CIF license to a new company called RZT Capital Ltd, with plans to launch as a Retail FX broker. RZT Capital is owned by Jin Liu, an Australia-based Chinese national who has been a Manager at ASIC regulated Ruizean Group for the…

Category: Forex