Straits Financial Group to use Trading Technologies’ platform LeapRate

September 20, 2018 BY Valentina Kirilova

Straits Financial Group to use Trading Technologies' platform

Straits Financial Services Pte. Ltd. (Straits Financial), a Singapore-based brokerage, and Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, have announced Straits Financial has contracted with Trading Technologies to distribute the TT futures trading platform. Straits Financial’s global customer base will now have access to TT’s robust suite of advanced…

September 20, 2018 BY LeapRate Staff

China's SAFE and PBoC increase crackdown on foreign FX brokers

LeapRate Exclusive... The People's Bank of China, effectively China's central banking authority, has posted a notice on its website providing further warnings that it is planning to take measures to shut down what it terms illegal FX brokerage activity targeting China-based Retail FX traders. The notice, which also officially comes from the Ministry of Public Security…

September 20, 2018 BY LeapRate Staff

MAP S.Platis wins CySEC outsourcing tender to investigate CIF violations

LeapRate has learned that Cyprus based regulatory consulting firm MAP S.Platis has successfully concluded an agreement with regulator Cyprus Securities and Exchange Commission (CySEC), for the provision of expert services in the conduct of investigations of potential violations of the pertinent legislation by Cypriot Investment Firms (CIFs). CySEC issued a public tender to outsource some of…

September 20, 2018 BY Valentina Kirilova

Cboe Europe to launch equities trading in three new markets

Cboe Europe has announced it will expand its coverage to 18 markets across Europe with the planned launch of trading in Polish, Hungarian and Czech securities beginning 5th November 2018, pending regulatory review. Cboe Europe plans to offer trading in the stocks that comprise the following indices: WIG20 Index (Poland) BUX Index (Hungary) PX Index…

September 20, 2018 BY Valentina Kirilova

Virtu completes KCG acquisition term loan repricing and prepayment

Virtu Financial, Inc. (NASDAQ:VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, has announced the completion of a repricing transaction of its 1st Lien Secured Term Loan (the “Term Loan”) along with a principal prepayment of $74 million. Following the prepayment and the amendment, the total balance of the Term Loan…

September 20, 2018 BY Valentina Kirilova

Distilled Analytics and Shyft Network partner to combat global identity theft

David Shrier of Distilled Analytics and Joseph Weinberg of Shyft Network have announced a multi-year partnership to deliver next generation biometric identity solutions leveraging blockchain technology, artificial intelligence, and advanced analytics to combat the expanding global issue of identity verification, theft, and fraud. A predictive identity solution from Distilled Analytics, in partnership with Shyft Network’s…

September 20, 2018 BY LeapRate Staff

FX affiliate Investoo expands to Latin America acquiring EFXTO.com

After recently setting foot in the US trading market after acquiring VantagePointTrading.com, fast-growing FX and cryptocurrency affiliate company Investoo Group has continued its acquisition spree across the ocean from its European home base by buying EFXTO.com. EFXTO.com is the first Spanish-speaking forex product for the company. The company said that the acquisition will grow its already extensive…

September 20, 2018 BY LeapRate Staff

IG Group revenues drop 13% in Q1-2019 as ESMA leverage cap hits volumes

UK online trading leader IG Group Holdings plc (LON:IGG) has released its first quarter 2019 revenue update - IG Group has a May 31 fiscal year end, so the period covered in Q1-2019 is June through August 2018. Importantly, that includes two months of a ban on binary options (which kicked in at the beginning…

September 19, 2018 BY Valentina Kirilova

Dukascopy Bank launches MetaTrader 4 for live trading

Geneva based Retail FX broker and bank Dukascopy has shared that it starts to offer LIVE trading on MetaTrader 4 with direct access to the SWFX Swiss Marketplace. Clients of the Bank can now trade in mobile and desktop versions of MetaTrader 4 with 41 FX most popular instruments, including Gold. Dukascopy will be gradually…

September 19, 2018 BY Valentina Kirilova

Divisa UK Limited appoints Gurpreet Dehal as non-executive director

Divisa UK Limited, part of the Equiti Group – a provider of multi-asset financial products operating regulated financial trading brands across the globe – has announced the appointment of Mr Gurpreet Dehal as non-executive director. He will assume this role pending approval from the Financial Conduct Authority (FCA). Mr Dehal has over 25 years’ leadership,…

Category: Forex