Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
May 30, 2023 BY Steffy Bogdanova

FXOpen expands currency pair offering with HUF and CZK

Gary Thomson, Chief Operating Officer of FXOpen UK, noted: While the euro and US dollar have remained relatively stable, the Hungarian forint has experienced a remarkable appreciation in value. Despite economic challenges and geopolitical uncertainties across the Western world, the forint has seen a significant increase in strength since October last year. This notable upward…

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May 30, 2023 BY Steffy Bogdanova

ASIC extends financial adviser registration deadline

ASIC stated: The registration requirement is new. It is separate, and in addition to, the pre-existing requirements for an AFS licensee to appoint a relevant provider to the Financial Advisers Register after they have been authorised. Provisional Relevant Providers cannot be registered. The requirement for registration of financial advisers was introduced in 2021 in response…

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Saxo Bank
May 26, 2023 BY Steffy Bogdanova

Saxo Bank surpasses $100 billion in client assets

The company’s success has been partly fueled by its approach of swiftly passing on the benefits of central bank rate hikes to its customers. Unlike many other banks, Saxo Bank ensures that clients immediately profit from higher interest rates on their unused funds. This strategy helps clients adjust their investment strategies in line with changing…

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May 26, 2023 BY Steffy Bogdanova

Italy’s Consob blocks Nadex clone and others

The latest websites offering financial services to be blocked are Prime Markets (primemarkets.co.com), Fintech Market (fintechmarket.consulting), Luxem Capital, Inc. (luxemcapital.com), and Nadex CFD Limited (nadexcfd.com). The Consob has the authority to block websites offering illegal financial services at an internet service provider level. The regulator stated: Consob draws investors' attention to the importance of adopting…

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Deutsche Börse
May 26, 2023 BY Steffy Bogdanova

Deutsche Börse discloses terms and conditions on SimCorp acquisition

The completion of the offer depends on Deutsche Börse fulfilling customary conditions and obtaining the required regulatory approvals. It also necessitates a minimum acceptance threshold of 50% plus one share of SimCorp's share capital and voting rights. Based on the current timeline, the transaction is anticipated to be finalized in the third quarter of 2023.…

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Weekly data: Oil and Gold price action before the NFP
May 26, 2023 BY Steffy Bogdanova

Daily Report: XAU/USD appears vulnerable

Short-Term Support Breach? While the bigger picture (daily chart) displays room to push lower, H1 support at $1,945 is vulnerable. Overhead resistance at $1,955 remains on the radar, but the zone surrounding the base (often recommended to draw support/resistance as a zone rather than a defined price point) has been tested. Therefore, a decisive H1…

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TP ICAP
May 25, 2023 BY Steffy Bogdanova

TP ICAP’s marketplace for spot cryptoassets goes live

The newly introduced platform combines TP ICAP's in-house over-the-counter electronic platform, Fusion, with the institutional-grade custodial expertise of Fidelity Digital Assets. Leveraging TP ICAP's order matching and trade execution technology, the exchange benefits from the extensive liquidity derived from the firm's diverse global client base. At present, the venue offers trading in Bitcoin and Ether…

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