As part of the Dodd-Frank Act, an electronic filing portal has been launched for public access In times of a vastly expanding regulatory environment in the financial services industry sometimes it is very difficult to properly address all inquiries that come to the regulators. Authorities have been blamed for not paying enough attention to “obvious”…
Read moreWith its existing office in Singapore and Ex-GFT Asia CEO Desmond Yeo a foothold in the region is almost certain The Middle East brokerage powerhouse originally from the United Arab Emirates is expanding its presence in the Far East side of Asia with an office opening in Hong Kong. The company already has established a…
Read moreAccording to our research ChargeXP might be behind VIP Binary, which does not appear to be operational Cypriot regulator of financial services providers CySEC has released two press releases today that outline some details about fines it has imposed on a couple of binary options brokerages in October last year. The first administrative action was…
Read moreBank of England officials could have known about practices surrounding the 4 pm London fix The 4pm London FX fixing scandal is taking a new direction from a document that UK’s central bank released yesterday responding to a Freedom of Information Request made by Reuters. Bank of England officials have met with senior FX dealers…
Read moreAlexander Efrosman fled the US with a fake Russian passport in 2005, extradited from Poland 7 years later A stunning Reuters report uncovers the massive scale of a forex fraud scheme that includes several years of international chasing and ends with a prison sentence lasting 188 months (15 years and 8 months) and an obligation…
Read morePound volatility could still reap some benefits for UK spreadbetting and forex businesses When things get out of hand politicians toughen up and take control of the situation. The UK treasury has set an example on Monday that sometimes politicians can act tough without any immediate pressure and released a statement on the state of…
Read moreSpecial Report – LeapRate is working with MAP S.Platis on its MAP-ERS EMIR reporting solution. Are you ready for EMIR? If you're a Forex, CFDs or Binary Options broker in Europe and you don't yet have in place an EMIR reporting solution, better contact us fast.... A little spoken about but very important regulatory deadline…
Read moreExness nearly doubles its 2012 volumes in 2013, as it joins the 'major league' of large global retail forex brokers. LeapRate Exclusive.... Russia / New Zealand / Cyprus based retail forex broker Exness saw December trading volumes come in at $113 billion, marking the end of a watershed year for the MT4 broker. Overall, Exness…
Read moreCould be a great 2014 for CME Group, if a Greenwich Associates study is right According to a research paper by US strategic financial consulting firm Greenwich Associates, we are in for some changes to the structure which comprises the bulk of the foreign exchange market. Trading activity will shift to the futures markets and…
Read moreThe fraudster is found guilty of misappropriation, case against his company Financial Robotics continues It is a frequent occurrence in our LeapRate Forex Fraud Watch series to cover hefty misappropriations, but it’s a rarity to see a single investor entrust a rather big chunk of money to a fraudulent solicitor. That’s precisely what happened in…
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