Category: Forex

April 21, 2017 BY Valentina Kirilova

ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services

The Australian Securities and Investments Commission (ASIC) and Indonesia's Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation between OJK and ASIC in the expanding space of innovation in financial services, agreeing to share…

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April 21, 2017 BY admin

NEX SEF approved by CFTC allowing EBS customers to trade Forex NDFs

NEX Group plc (LON: NXG) formerly known as ICAP plc, a UK-based business focused on electronic markets and post trade business, announced today that it has received approval from the Commodity Futures Trading Commission (CFTC) for NEX SEF Limited (NEX SEF), a new Swap Execution Facility (SEF). NEX SEF will allow customers to trade Non-Deliverable…

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US oil index is prime
April 20, 2017 BY Valentina Kirilova

Oil price slide set to weigh on European open

UK markets saw a rather divergent performance yesterday with the FTSE100 slipping back and in the process dropping into negative territory for the year, while the FTSE250 rebounded strongly after its losses on Tuesday. The following post is courtesy of CMC Markets. While the recent rally in the pound may well be a factor in the…

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KVB Kunlun office
April 20, 2017 BY LeapRate Staff

Hong Kong forex broker KVB Kunlun warns of Q1-2017 loss

Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that it expects to report a loss for the first quarter of 2017. Profit (or more accurately, loss) warnings have become something of a bad habit lately at KVB. For the company, controlled by China's CITIC Securities Company…

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UK election betting
April 19, 2017 BY LeapRate Staff

IG political trading market predicting 90-seat Conservative majority

UK online financial trading firm IG Group Holdings plc (LON:IGG) has launched trading for its clients around the expected results of the just-announced UK election set for June 8. IG's general election seats market allows traders to buy and sell the total amount of seats each party could win. Based on current prices the predicted amount of…

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