Markets

JFD Brokers acquires management of German funding financial institution ACON

Brokers January 15, 2018 —by LeapRate Employees  0 CySEC regulated retail foreign exchange and CFDs dealer JFD Brokers has introduced that it has acquired 51% of established German funding financial institution ACON Actienbank AG. JFD didn’t give a value for the acquisition, however did state that it additionally holds an possibility to amass a further 20% of ACON sooner or later, which may take its holding to 71%. Based in 2006,

Plus500 welcomes FCA’s ‘Pricey CEO’ letter

Brokers January 15, 2018 —by Valentina Kirilova  0 FCA regulated Foreign exchange and CFDs dealer Plus500 Ltd (LON:PLUS) knowledgeable that it takes notice of the contents of a “Dear CEO letter” that the Monetary Conduct Authority (FCA) has issued final week as a public announcement following its review of the CFD market. The announcement highlights the FCA’s issues relating to corporations who supply and distribute CFDs to retail prospects on both

Foreign exchange Commerce Concepts & Evaluation by Nial Fuller – January 15th to 19th, 2018

Nial Fuller January 15, 2018 —by LeapRate Workers  0 EURUSD – Euro/greenback continues trending larger after pullback The EURUSD exploded larger final Thursday and Friday because the uptrend continued following a pullback to assist. We had been seeking to get lengthy on a pullback in our current discussions of this market and final week we received that likelihood. We will see within the second EURUSD chart under that value pulled

Saxo Financial institution hires Sberbank govt Damian Bunce as its new Chief Shopper Officer

Executives January 15, 2018 —by LeapRate Workers  0 Copenhagen primarily based multi asset dealer Saxo Bank has made one other senior addition to its govt administration crew, saying the appointment of Damian Bunce as the corporate’s new Chief Shopper Officer (CCO). Mr. Bruce’s appointment turns into efficient February 19, 2018. He joins Saxo Financial institution’s govt crew and can report on to Kim Fournais, CEO and Founder. He will likely

SafeCharge receives FCA Cost Establishment License

Payments January 15, 2018 —by Valentina Kirilova  0 Funds providers and applied sciences supplier SafeCharge Worldwide Group Ltd (LON:SCH) introduced that its wholly owned UK subsidiary, SafeCharge Monetary Providers Restricted, has been authorised by the Monetary Conduct Authority (FCA) as a Cost Establishment. This in along with SafeCharge Restricted’s current authorisation as a European Digital Cash Establishment. The authorisation will permit SafeCharge Monetary Providers Restricted to supply funds providers within

SpotOption Binary Choices workplaces raided by FBI; CEO: I’ll shut the corporate

After we reported final week that the FBI had sent investigators to Israel as a part of their ongoing fraud investigation of Lee Elbaz, former CEO of a number of Binary Choices dealer manufacturers, Israel enterprise information web site TheMarker has reported that these FBI investigators final week raided the workplaces of main Binary Choices platform supplier SpotOption. Lee Elbaz Lee Elbaz was arrested final September in New York’s JFK airport after

Saxo Financial institution experiences sluggish December with multi asset volumes down 26% MoM to $289 billion

Brokers January 14, 2018 —by LeapRate Workers  0 Following a strong November which noticed its most exercise of the 12 months, Copenhagen based mostly multi asset dealer Saxo Financial institution has reported that it ended 2017 with a considerably sluggish month of December. December volumes totaled $289 billion at Saxo Financial institution, down 26% from November’s $388 billion. FX volumes comprised 68% of the whole in December at $197.eight billion

FX Trade Week Evaluation: FBI investigates Binary Choices fraud, MT4 gross sales stopped, Pepperstone exec leaves, and plenty extra…

Market News January 14, 2018 —by LeapRate Employees  0 As 2018 buying and selling pulled into full swing with the brand new 12 months’s first full week of exercise, so did Foreign exchange Trade Information. And, carrying over from final 12 months, all the important thing tales appeared solely at LeapRate together with two key govt strikes involving among the world’s main FX brokers. Who’s in and who’s out after

Unique: Institutional Foreign exchange dealer GMI hires Exness government John Taylor as UK COO

LeapRate Unique… LeapRate has discovered that institutional FX dealer World Market Index (or ‘GMI’) has employed former Exness government John Taylor as COO of its FCA regulated UK operation, World Market Index Restricted. John Taylor, GMI John Taylor served as CFO of Exness for the previous three years, and helped spearhead the launch of Exness’ UK operation and FCA licensing, which was upgraded final yr. His prior expertise consists of performing

Latoex launches Ethereum blockchain buying and selling platform for digital property

Platforms January 12, 2018 —by Valentina Kirilova  0 Latoex, the event firm that introduces the monetary business of Latin America to the crypto area, simply introduced its buying and selling platform for digital property. The buying and selling platform, named Andes, gives ready-to-use instruments to implement the strengths of blockchain into conventional property. From complete technical evaluation to descriptive elements – the platform grants its monetary establishments and buyers enhanced