ADX hosts liquidity provider agreement between Invest Bank & Al Ramz Capital LeapRate

ESMA Chairman targets asset managers for adequacy of liquidity concerns

December 18, 2017 BY Valentina Kirilova

ADX hosts liquidity provider agreement between Invest Bank & Al Ramz Capital

Abu Dhabi Securities Exchange (ADX) announced that it has hosted the ceremony for the liquidity provision agreement between Invest Bank, a bank listed on ADX and Al Ramz Capital, a subsidiary of Al-Ramz Corporation Investments and Developments PJSC, which has been appointed as a Liquidity Provider for Invest Bank’s shares after obtaining the necessary approvals…

December 18, 2017 BY LeapRate Staff

UK online broker shares hammered by ESMA leverage proposals: IG -11%, Plus500 -13%; CMC -10%

Shares of the leading FCA regulated UK online brokers traded down sharply on Monday morning, following proposals made late Friday by pan-European financial regulator ESMA to enact fairly severe restrictions on leveraged FX and CFD trading. While ESMA made a number of proposals which it will put to public consultation in January - a Binary…

December 18, 2017 BY LeapRate Staff

Plus500 "welcomes" ESMA regulatory proposals for CFD and Binary Options trading

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has issued its response to the proposals made late last week by pan-European regulatory authority ESMA to severely rein in the world of online leveraged trading in the EU. ESMA's proposals included: a total ban on Binary Options marketing and trading in the EU leverage restrictions on Forex…

December 18, 2017 BY LeapRate Staff

IG Group calls ESMA's proposed 30x CFD and Forex leverage restrictions "disproportionate"

UK online trading leader IG Group Holdings plc (LON:IGG) has issued a formal statement in response to the proposals made late last week by pan-European regulatory authority ESMA to severely rein in the world of online leveraged trading in the EU. And, it wasn't all laudatory. While IG did state that it is is "supportive of…

December 18, 2017 BY LeapRate Staff

EU brokers faced with Binary Options ban, Deposit Bonus ban, and 30x Forex leverage cap

After several months of waiting and much speculation, European pan financial regulatory body ESMA has finally given the investing public a whiff of what it is planning to (try and) impose on the online trading world: a blanket ban on Binary Options in the EU, and a leverage cap of 30x on Forex trading. After…

December 17, 2017 BY LeapRate Staff

FX Industry Week Review: Blockchain based social trading, Betfred live with EU CFDs, Electroneum launch, and lots more…

Which platform provider and Far East broker are collaborating on a new Blockchain based social trading service? Where did online gaming giant Betfred launch EU-licensed CFD trading via its new TradeFred brand? Which FCA regulated broker raised leverage on major FX pairs trading to 200x? Answers to these questions and more appeared exclusively or first…

December 15, 2017 BY Valentina Kirilova

Bank Of Russia accredits NSD's Valuation Center

After considering a request to assess the quality of NSD's Valuation Center’s performance when determining the value of ruble-denominated bonds, the Bank of Russia, guided by the criteria specified in the Bank of Russia's information letter of 29 March, 2013 No. IN-06-51/15 “On the Assessing of Valuation Centers’ Quality of Functioning”, has acknowledged the quality…

December 15, 2017 BY Valentina Kirilova

China Merchants Bank chooses Wolters Kluwer’s OneSumX for Regulatory Reporting

China Merchants Bank (CMB) just announced that it has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software for its operations in Luxembourg, following a competitive tender process. OneSumX for Regulatory Reporting uses a single source of data to ensure consistency, reconciliation and accuracy and includes the firm’s Regulatory Update Service.…

December 15, 2017 BY Valentina Kirilova

Cboe DataShop plans to add FX offerings, spot and futures bitcoin data

Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that Cboe DataShop will add historical spot foreign exchange data from Cboe FX to its range of offerings beginning today, December 15. Cboe FX, Cboe’s foreign exchange market, has set several new market-share records, and volume and activity on the global platform has grown. Available for market participants…

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

December 15, 2017 BY Valentina Kirilova

SEC names Kenneth A. Johnson as Chief Operating Officer

The Securities and Exchange Commission (SEC) announced that Kenneth A. Johnson has been named the agency's Chief Operating Officer (COO). Mr. Johnson has served as Acting COO since February 2017. In his role as COO, Mr. Johnson oversees the SEC's operational and administrative functions, including the agency's Office of Human Resources; Office of Acquisitions; Office…

Category: Forex

ADX hosts liquidity provider agreement between Invest Bank & Al Ramz Capital

UK online broker shares hammered by ESMA leverage proposals: IG -11%, Plus500 -13%; CMC -10%

Plus500 "welcomes" ESMA regulatory proposals for CFD and Binary Options trading

IG Group calls ESMA's proposed 30x CFD and Forex leverage restrictions "disproportionate"

EU brokers faced with Binary Options ban, Deposit Bonus ban, and 30x Forex leverage cap

FX Industry Week Review: Blockchain based social trading, Betfred live with EU CFDs, Electroneum launch, and lots more…

Bank Of Russia accredits NSD's Valuation Center

China Merchants Bank chooses Wolters Kluwer’s OneSumX for Regulatory Reporting

Cboe DataShop plans to add FX offerings, spot and futures bitcoin data

SEC names Kenneth A. Johnson as Chief Operating Officer

NatWest and Marex Partner on New Cross Margining Solution

Capital.com Announces Enhanced $1m EU Client Protection Insurance Scheme

Coinbase to Launch US Perpetual-Style Futures

eToro Partners with Franklin Templeton on Target-Date Portfolios

Central Banks Grapple With Divergent Paths