Category: Forex

September 13, 2018 BY LeapRate Staff

Exclusive: IS Prime sees surge in business from Cyprus Forex brokers following CySEC negative balance ruling

LeapRate Exclusive... LeapRate has learned that London based FX liquidity and prime brokerage services provider IS Prime has become a prime (no pun intended) beneficiary of the new ESMA Negative Balance Protection rules, with the company experiencing a surge in business from Cyprus based clients following regulator CySEC's ruling on both 125k (i.e. matched principal) and 730k…

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SDL and Alibaba Cloud team up to help brands develop across Asia
September 13, 2018 BY Valentina Kirilova

SDL and Alibaba Cloud team up to help brands develop across Asia

SDL (LSE: SDL), a global content management, translation and digital experience firm, has announced a strategic partnership with Alibaba Cloud, the cloud computing arm of Alibaba Group (NYSE:BABA), to launch a co-developed solution designed to help global brands launch and grow their digital business across the China and Asia markets. China, which represents the globe’s…

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EU launches €400M investment fund to enable AI and Blockchain projects
September 13, 2018 BY Valentina Kirilova

Dukascopy Bank wants to become an artificial intelligence hub

Geneva based Retail FX broker and bank Dukascopy has shared that its ChatBot allows full access to the Bank's services. In this manner the Bank has achieved its first stage of reconstitution around the Dukascopy Connect 911 messenger and is opening up for projects involving artificial intelligence. Dukascopy Bank's ChatBot is an ordinary chat between…

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Tickmill Group trading volumes top $100 billion monthly in 1H-2018
September 13, 2018 BY Valentina Kirilova

Tickmill Group trading volumes top $100 billion monthly in 1H-2018

UK FCA regulated global provider of FX and CFD brokerage services Tickmill continues its strong growth in key performance indicators with robust financial results for the first half of 2018. The Group’s consolidated net profit amounted to $14.97 million whereas the total trading volume came in at $624 billion, almost doubling last year’s first half…

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Pepperstone office
September 13, 2018 BY LeapRate Staff

CHAMP Private Equity exits Retail FX broker Pepperstone investment

Australia based private equity manager CHAMP Private Equity has announced that its CHAMP IV Funds have entered into an agreement to exit its investment in Pepperstone, one of the largest Australia based Retail FX brokerage groups. CHAMP had first invested in Pepperstone in 2016. Going forward the business will be owned by Pepperstone’s founders, and its…

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AMF issues impersonators scam warning
September 13, 2018 BY Valentina Kirilova

Maxence Delorme joins the AMF as Director of the DICS

The Autorité des Marchés Financiers (AMF) has informed the public that it has added Maxence Delorme to the Enforcement Assistance Department (DICS). Maxence Delorme joined the AMF on 3 September 2018 as Director of the DICS and advisor to Marie-Hélène Tric, Chairman of the Enforcement Committee, having been Deputy Public Prosecutor and Head of the…

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luxembourg axxion
September 13, 2018 BY LeapRate Staff

Exclusive: Luxembourg private label fund manager Axxion takes 5% position in Plus500

LeapRate Exclusive... LeapRate has learned via regulatory filings that Luxembourg based private label fund manager Axxion S.A. has built up a 5% ownership position in FCA regulated Retail CFD broker Plus500 Ltd (LON:PLUS). The stake, totaling 5,808,270 Plus500 shares, are worth about £82.3 million (USD $107 million) and represent 5.1% of Plus500's outstanding shares. The move…

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NEX Regulatory Reporting launches Australian regulatory derivative reporting solution
September 13, 2018 BY Valentina Kirilova

NEX Regulatory Reporting launches Australian regulatory derivative reporting solution

NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regimes, has announced today that it has launched a new solution for derivatives transaction and position reporting under ASIC’s (Australian Securities and Investments Commission) OTC derivatives trade reporting requirements. The ASIC solution expands NEX Regulatory Reporting’s global reporting coverage and…

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TAIFEX
September 12, 2018 BY Valentina Kirilova

Vela completes rollout of latest version of market data ticker plant

Vela, the independent provider of trading and market access technology for global multi-asset electronic trading, has announced the successful rollout of the latest version of SMDS, its flagship ticker plant software, to all clients globally. This marks a significant milestone in Vela’s 2018 roadmap, delivering a number of key client-driven enhancements across the full Vela…

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