Mike Fox
LeapRate Analyst
September 22, 2016 BY Mike Fox

Tokyo Commodity Exchange goes live on Nasdaq Trading Technology

Nasdaq, Inc. (Nasdaq:NDAQ) and the Tokyo Commodity Exchange (TOCOM) today announced the successful go-live of TOCOM’s new trading system, which is powered by Nasdaq’s Genium INET technology, as well as Nasdaq Pre-Trade Risk and SMARTS Market Surveillance solutions. The new system is now fully integrated with the Osaka Exchange’s derivatives trading system (J-GATE), which also runs on the same Nasdaq trading…

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September 22, 2016 BY Mike Fox

Over one million Russians select new banknotes at final vote

As many as 1,200,395 people voted at the final stage of the competition to select symbols for the Russian Federation's new banknotes. The group of frontrunners is made up of six cities, where number one overtakes number six with a mere margin of eleven thousand votes. The leaders in the vote tend to change rapidly.…

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September 22, 2016 BY Mike Fox

SIX partners with Digital Asset to develop distributed ledger technology for Swiss Financial Market

SIX Securities Services, the post-trade infrastructure operator for the Swiss financial sector, and Digital Asset Holdings, a developer of distributed ledger technology for the financial services industry, today announced plans to develop a proof of concept that will demonstrate the commercial viability of distributed ledger technology across the Swiss financial market, with an initial prototype…

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September 22, 2016 BY Mike Fox

AlphaVend launches Bitcoin ATM off Piccadilly Circus in London

AlphaVend today switched on its first UK Bitcoin ATM machine in Alisons General Store, just off London's famous Piccadilly Circus. Customers can download an app on their smartphone and in seconds buy Bitcoin with cash. London has a handful of Bitcoin ATMs already but most are either in rather remote spots in outer London, or…

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September 22, 2016 BY Mike Fox

Bloomberg launches new Forex solution in the Philippines

Bloomberg today announced that it has launched its tri-party ticketing system for the interbank community in the Philippines, providing real-time access to brokered foreign exchange (FX) forward transactions to market participants.  The new system allows brokers to seamlessly trade with clients and report their trades, hence improving operational workflow and enhancing market transparency. Nana Buxani/Bloomberg…

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September 22, 2016 BY Mike Fox

London Stock Exchange Group signs MoU with Bank Hapoalim

London Stock Exchange Group (LSEG) today announces that ELITE, its international programme for ambitious high growth businesses has signed a Memorandum of Understanding (MoU) with Bank Hapoalim Ltd. (TLV: POLI) Israel’s leading financial services group. ELITE and Bank Hapoalim will collaborate to support the development of Israeli high growth businesses and promote ELITE in Israel.…

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September 22, 2016 BY Mike Fox

Vipro Markets adds MAM accounts with MetaFX

CySEC regulated Forex broker Vipro Markets today announced it added Multi-Account Manager (MAM) powered by software technology company MetaFX. The Multi-Account Manager is an innovative software that allows professional traders to efficiently run and manage multiple client accounts from a single trading terminal. MetaFX was founded in 2005 providing innovative solutions to brokers, including the development of…

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September 21, 2016 BY Mike Fox

Chinese RMB gets first clearing bank in the US

The People's Bank of China (PBOC), China’s central bank announced today it authorized Bank of China's (BOC's) New York branch to provide Renminbi (RMB) clearing services in the United States.  It is the first time for China to set up an RMB clearing bank in the United States. The decision was made according to a…

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September 21, 2016 BY Mike Fox

Hong Kong regulator investigating brokers for AML shortfalls

Hong Kong's Securities and Futures Commission’s (SFC) Enforcement Division announced they are investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it expects to bring a number of enforcement proceedings as a result. The SFC wants to draw the attention of licensees that they are expected…

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September 20, 2016 BY Mike Fox

Sam Ruiz leaves his Non Executive Director post at ADS Securities London

LeapRate learned today that financial industry veteran Mr. Samuel John Ruiz has been officially terminated from his position as Non Executive Director of Forex brokerage ADS Securities London. Mr. Ruiz served on the board from February 2015 to September 2016. According to his Linkedin profile Mr. Ruiz has a new important gig taking up most…

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