Coincheck Group has agreed to acquire up to 100 per cent of Canadian digital asset manager 3iQ in a share-based transaction valued at roughly $112 million, marking a significant expansion of its institutional product capabilities. Under the agreement, Coincheck will issue 27.15 million new shares to Monex Group, its majority shareholder, in exchange for Monex’s 97 per cent stake in 3iQ.  The company plans to offer the same terms to minority shareholders, potentially bringing total ownership of 3iQ to 100 per cent. The deal is expected to close in the second quarter of 2026. Founded in 2012, 3iQ is one of the industry’s earliest digital-asset investment specialists. Its milestones include launching Canada’s first regulated digital-asset fund manager, North America’s first major listed Bitcoin and Ether funds, and a series of staking-based ETFs and ETPs covering Ethereum, Solana and XRP.  The firm also operates QMAP, a managed-account platform designed for institutional investors. Coincheck said the acquisition would strengthen its institutional offering and generate potential revenue synergies across its existing businesses, including crypto prime brokerage Aplo and staking platform Next Finance.  Chief executive Gary Simanson believes 3iQ’s innovation and institutional-grade infrastructure will enable the combined group to meet the growing demand from financial institutions entering the digital asset market. Monex chief executive Yuko Seimi stated that the reorganisation would support global growth across the company’s crypto and wealth-management units, describing the deal as a “win-win” for both sets of shareholders. The post Coincheck Group to Acquire 3iQ appeared first on LeapRate.

The New York Stock Exchange revealed last week that it has signed an agreement with MSCI for NYSE platforms to become the U.S. options listing venue for a series of major MSCI benchmark indexes from early 2026, subject to regulatory approval. Options will be listed on NYSE Arca and NYSE American and will cover the MSCI Emerging Markets, MSCI EAFE, MSCI ACWI, MSCI World and MSCI USA indexes.  ICE and MSCI said the agreement expands their long-standing partnership, which began 16 years ago with the launch of MSCI Emerging Markets and MSCI EAFE futures. Those contracts now rank among the world’s top 10 index futures by notional open interest. Jon Herrick, chief product officer at NYSE Group, noted that the introduction of MSCI-linked options would broaden the exchange’s product offering and improve capital efficiency across futures and options markets. The move, he said, would enhance risk-management tools for global investors tracking MSCI benchmarks. George Harrington, MSCI’s global head of fixed income and derivatives, said consolidating futures and options under the ICE umbrella would deliver more integrated solutions to clients and support evolving market needs. ICE currently accounts for more than 70 per cent of global MSCI futures trading by volume. In 2025, average daily volume across its MSCI derivatives complex reached the equivalent of about $19.5 billion in notional value. The exchanges expect the new options listings to go live following regulatory clearance in early 2026. The post NYSE to List MSCI Index Options Under Expanded ICE Partnership appeared first on LeapRate.

Spotware announced that it has launched cTrader Mobile 5.6, introducing a suite of charting and interface improvements designed to offer traders clearer visualisation, greater precision and a more streamlined mobile experience. The company said the update adds an equity chart to the account dashboard, enabling users to track how trading activity, deposits and withdrawals affect equity over time.  Traders can select specific periods for a more granular view of account performance. The company stated that the feature enhances transparency and aligns with user requests for more detailed account analytics. A new candle countdown is said to display the time remaining before the current candle closes across selected timeframes, a tool aimed at strengthening timing accuracy for strategy execution.  Spotware said the feature was developed in response to calls from traders for more precise time-based indicators. The platform’s landscape mode has been redesigned with a larger chart area and a simplified single-row toolbar, improving readability and reducing screen clutter. Other interface changes include a transparent price axis, the removal of axis separators and more flexible chart resizing. The release also introduces live trading ribbons, contextual prompts guiding users toward relevant actions such as switching or funding accounts. Sergey Borisov, product manager for cTrader Mobile, remarked that the update reflected the company’s “Traders First” approach, turning feedback into practical enhancements. The post Spotware Releases cTrader Mobile 5.6 With Enhanced Charting Tools appeared first on LeapRate.

Zilch has agreed a deal to acquire Lithuania-based Fjord Bank, securing a European banking licence that will serve as the foundation for its planned rollout across the continent.  The consumer payments firm, which describes itself as one of the UK and EMEA’s fastest-growing fintech unicorns, said last week that it will purchase 100 per cent of Fjord Bank and establish Vilnius as its European headquarters. Fjord Bank, launched in 2021, is a profitable challenger lender focused on online consumer loans and savings products. It holds around $120 million in total assets and is authorised and regulated by the Bank of Lithuania and the European Central Bank.  Zilch said the deal will allow it to passport its payments and credit products across Europe with greater capital efficiency. The acquisition follows a year of rapid expansion for Zilch, which raised more than $175 million in fresh funding, surpassed $200 million in annual revenue, secured a second Financial Conduct Authority payments licence and rolled out its Intelligent Commerce AI product.  The company also reached 5.5 million registered customers. Chief executive Philip Belamant said the acquisition represented “a defining moment” for the company, adding that combining Fjord’s regulatory footprint with Zilch’s data and AI capabilities would support the scaling of “a new generation of consumer finance across Europe.” Fjord Bank chief executive Veiko Kandla said the tie-up offered the “perfect opportunity” to expand without compromising its customer-first values. Completion is expected in the second half of 2026, subject to regulatory approvals. The post Zilch to Acquire Lithuania-Based Fjord Bank appeared first on LeapRate.

TP ICAP announced Friday that it has agreed to acquire brokerage Vantage Capital Markets, widening its presence across major financial hubs, including London, Hong Kong, Tokyo and Dubai. The deal, announced on Thursday, will enable Vantage to tap TP ICAP’s large U.S. client base while giving TP ICAP greater reach in Asia-Pacific markets. Vantage’s leadership team will remain in place, with both firms stressing continuity for clients. Chief executive Nicolas Breteau said the acquisition supports TP ICAP’s “targeted investment strategy to drive profitable growth, expand our global reach, and broaden our product offering.”  He added that the deal strengthens the group “in key APAC markets across several asset classes and opens exciting opportunities in the U.S., where Vantage will be able to leverage our footprint to scale at pace.” Vantage CEO Roderick Wurfbain said joining the group “marks an exciting new chapter,” adding that the combined platform will help accelerate growth, particularly in the U.S., and continue delivering “outstanding service” globally. Vantage specialises in equity derivatives and fixed income and employs more than 80 brokers who serve over 800 institutional clients. The transaction is expected to close in the second quarter of 2026, subject to regulatory clearance. The post TP ICAP to Acquire Vantage Capital Markets appeared first on LeapRate.

Hong Kong Exchanges and Clearing will introduce six new stock option classes on 19 January, expanding its rapidly growing derivatives franchise and offering investors broader exposure across sectors including healthcare, robotics and precious metals. The exchange said the move builds on “strong momentum” in single-stock options trading, following a record year for the wider derivatives market.  Average daily volume rose 7 per cent in 2025 to a new high of 1.66 million contracts. Stock options were a standout, with daily volumes climbing 22 per cent to an all-time high of 879,831 contracts. The new classes include Zijin Gold International, Wuxi Apptec, BeOne Medicines, Laopu Gold, Horizon Robotics and Akeso. Contract sizes range from 100 to 3,000 shares, with expiries available across multiple months in 2026.  The expansion continues HKEX’s strategy of broadening its derivatives ecosystem amid rising investor demand for tools to manage sector-specific risk.  The new additions provide further access to fast-growing industries such as biotech and artificial intelligence, as well as China’s gold sector, which saw rising trading interest in 2025. The post HKEX Expands Offering With Six New Stock Option Classes appeared first on LeapRate.

Nuvei and FreedomPay announced a new partnership this week, aiming to offer enterprise merchants a unified payments framework that supports both in-store and digital commerce across global markets. The agreement integrates FreedomPay’s Next Level Commerce platform, widely used across hospitality, retail, stadiums and hotels, with Nuvei’s scalable payments infrastructure.  The firms said the combined system will enable merchants to create seamless checkout experiences across physical and digital channels. The partnership is designed to help enterprises deploy new commerce channels more quickly, maintain consistent payment experiences across geographies, and benefit from unified tokenisation, reporting and operational data.  Security features are said to include PCI-validated encryption and integrated fraud-prevention tools. Phil Fayer, Nuvei chair and chief executive, said the collaboration will help merchants deliver “exceptional customer experiences at every moment of commerce,” while reducing back-end complexity.  FreedomPay president Chris Kronenthal said enterprise-level payments require technology that “works equally well across stores, stadiums, hotels and mobile devices.” The firms said the integrated solution will support a wide range of use cases, from tap-to-pay transactions at sports venues to mobile-app purchases and hotel upgrades, ensuring each interaction remains connected through shared data and unified reporting. The post Nuvei and FreedomPay Launch Global Unified Payments Partnership appeared first on LeapRate.

Fiserv announced a strategic collaboration with Microsoft on Thursday, aimed at accelerating the deployment of AI across its payments and financial-technology platforms, while equipping its global workforce with advanced productivity tools. The company will roll out Microsoft 365 Copilot to employees worldwide, enabling AI-supported decision-making and workflow enhancement.  At the same time, Fiserv will expand its use of Microsoft Foundry, an Azure-powered platform for developing and managing AI applications. Fiserv said the partnership will help deliver AI-driven solutions for financial institutions, businesses and consumers. Guy Chiarello, vice-chairman at Fiserv, said embedding AI into operations “transforms how Fiserv delivers the next generation of innovation for our clients.” Microsoft stated that the collaboration demonstrates how leading firms can integrate generative AI into core financial-technology infrastructure.  Karen Del Vescovo, Microsoft’s corporate vice-president for financial services, said combining Microsoft’s AI tools with Fiserv’s industry expertise will help the company achieve “new levels of efficiency and productivity.” Fiserv already uses AI in fraud detection, risk management and personalisation tools for merchants and banks. The firm has also deployed GitHub Copilot to more than 8,000 engineers, and says AI-powered systems are now processing more than 100 billion tokens through Foundry. The post Fiserv and Microsoft Deepen AI Collaboration appeared first on LeapRate.

State Street has been appointed service provider for Columbia Threadneedle Investments’ first actively managed UCITS ETFs launched in Europe. The initial funds, the CT QR Series US Equity Active UCITS ETF and the CT QR Series European Equity Active UCITS ETF, mark the asset manager’s entry into the European active ETF market.  Additional Emerging Markets and Global equity products are expected in the coming months. State Street will provide full end-to-end servicing, including custody, depositary, fund accounting, ETF basket creation, order management, settlement, transfer agency and reporting.  The company said its global ETF infrastructure allows for consistent and scalable support across regions. “We’re pleased to support Columbia Threadneedle as they implement their actively managed ETFs in the European market,” said Ken Shaw, State Street’s head of EMEA ETF product. He added that the firm’s established ETF capabilities uniquely position it for the mandate. Columbia Threadneedle said its expansion into active ETFs reflects growing investor appetite for flexible structures. “Expanding investor access through innovative structures like ETFs is core to our mission,” said Richard Vincent, head of product for EMEA. The post State Street Backs Columbia Threadneedle’s First European Active ETFs appeared first on LeapRate.

StoneX Group has entered a strategic partnership with Enhanced Digital Group (EDG), leading the firm’s Series A funding round and taking a minority stake as it expands its institutional digital-asset capabilities. StoneX said the agreement will deepen the firms’ combined ability to offer sophisticated trading and structured products across traditional and digital markets.  StoneX Digital, launched in 2022, provides institutional clients with tools ranging from ETFs and futures to native digital tokens, while EDG specialises in bespoke OTC derivatives and treasury solutions for digital assets. Brian Mulcahy, chief executive of StoneX Digital, said the partnership reinforces the firm’s push to “safely and securely integrate a new asset class,” adding that it will “expedite our time to market to deliver a more robust suite of digital asset products to our institutional clients.” The collaboration enables StoneX to draw on EDG’s team, which brings more than a century of combined derivatives experience, to expand its digital-asset options and structured-product offering.  In return, EDG gains access to StoneX’s spot and futures platform, broadening its treasury-management capabilities. Eric Rose, head of digital asset execution at StoneX Digital, said growing global demand for digital-asset structured solutions makes the partnership timely.  EDG co-founder Chris Bae added that StoneX’s investment “speaks to the evolving intersection of traditional finance and digital assets.” The post StoneX Partners Takes Minority Stake in Enhanced Digital Group appeared first on LeapRate.

Visualising account performance The new equity chart in the account dashboard provides a detailed view of how trading activity, deposits and withdrawals influence account equity over time. By allowing users to select specific periods, it offers a clear record of equity changes and account dynamics. Time-aware analysis The update introduces a candle countdown on charts, indicating the time remaining before the current candle closes for the selected timeframe. The feature improves timing accuracy within analysis and supports more confident execution across trading strategies. It has been developed in response to user requests for greater precision and control in time-based trading. Spacious landscape view The redesigned landscape layout delivers a larger chart area for improved visibility and analysis. All Quick Trade and toolbar functions remain accessible in a compact single-row format, ensuring an efficient use of screen space. The enhanced view improves readability by reducing interface clutter. Streamlined interface Charts have been refined with a transparent price axis and the removal of axis separators, creating a cleaner visual structure. These improvements allow charts to be dragged and resized with greater flexibility, enabling precise adjustment of scale and position without visual obstruction. Live trading ribbons Version 5.6 introduces live trading ribbons – contextual in-app prompts that surface relevant account actions, such as switching, opening or funding an account. Triggered by specific account states (e.g. moving between demo and live, strong demo performance without a live account, no live account or a low live balance), ribbons appear only when relevant, close automatically once the condition no longer applies and can be managed or disabled at broker level. This feature supports clearer account journeys and more consistent communication within the trading interface. “With cTrader Mobile 5.6, we are strengthening the mobile experience in ways that matter across the trading ecosystem,” said Sergey Borisov, Product Manager for cTrader Mobile at Spotware. “Our Traders First approach turns feedback into practical improvements, delivering a premium mobile trading experience for traders and a scalable ecosystem for brokers.” Together, these refinements position cTrader Mobile 5.6 as a reliable trading environment, improving clarity and enabling smoother execution on the go. About cTrader cTrader is a multi-asset FX/CFD trading platform built on the Traders First principles to serve traders, brokers and prop firms with cutting-edge features and lightning-fast execution. With advanced native charts, built-in social trading and free cloud execution for trading algorithms, cTrader delivers a powerful, premium trading experience. As an Open Trading Platform, it offers over 100 third-party integrations via APIs and plugins. cTrader Store allows developers to monetise trading algorithms and reach over 11 million traders, while helping brokers grow through IB-focused solutions and seamless onboarding. The post cTrader Mobile 5.6: Enhanced charting and equity visualisation appeared first on LeapRate.

Broadridge Financial Solutions has taken a minority stake in U.S.-based DeepSee as part of a wider push to embed agentic artificial intelligence into post-trade operations.  The partnership expands an existing collaboration and will initially focus on AI-powered email orchestration, turning inboxes into automated workflows for operations teams. Tom Carey, President of Broadridge Global Technology and Operations, will join DeepSee’s board as part of the agreement.  He feels the investment demonstrates Broadridge’s commitment to “innovative AI-powered solutions that transform operations, reduce risk, and enhance the client experience.”  The company said AI agents will help clients move away from manual email handling and towards automated, intelligent processes. Broadridge processes more than $15 trillion in daily trades and said embedding AI into tasks such as fails research, inventory optimisation and now email management would improve decision-making and efficiency.  Early deployments have already been made across Broadridge’s outsourcing operations, which serve more than 60 clients. DeepSee CEO Steve Shillingford stated that the partnership would help scale its vision of using AI agents to convert complex financial services workflows into “actionable outcomes” that deliver immediate impact.  The two companies plan to build systems where AI tools, people and core post-trade platforms operate seamlessly together. The firms said key benefits include higher productivity, better resource allocation through prioritised workflows and enhanced oversight via real-time dashboards tracking performance and compliance metrics. The post Broadridge Takes Minority Stake in DeepSee appeared first on LeapRate.

Broadridge Financial Solutions said its Distributed Ledger Repo platform processed nearly $9 trillion in transactions in December, with the company noting a sharp acceleration in institutional adoption of tokenised settlement.  The fintech group reported an average of $384 billion in daily repo activity on the platform during the month, up 490 percent on the year and 4 percent higher than in November. Horacio Barakat, Head of Digital Innovation at Broadridge, believes platforms such as DLR had “scaled tokenized repo settlement from early adoption to institutional reality,” adding that 2025 was “a breakout year” for the system.  He said the company expects wider participation, more use cases and higher volumes in 2026. Broadridge said the surge in activity reflects growing demand for more efficient repo processing, improved collateral mobility and reduced operational friction across capital markets.  As tokenisation advances, the company said institutions are increasingly prioritising established platforms that can operate at scale within regulated environments. The firm added that broader adoption would deepen integration between traditional and blockchain-based infrastructure, supporting the shift toward more automated and transparent settlement.  Broadridge remains focused on helping clients bridge digital and traditional systems as the market for tokenised assets matures. The company describes DLR as the world’s largest institutional platform for settling tokenised real-asset transactions and said it expects continued momentum through 2026. The post Broadridge’s Tokenised Repo Platform Nears $9 Trillion in Monthly Volume appeared first on LeapRate.

Barclays has made a strategic investment in Ubyx, a U.S. digital-money clearing platform focused on tokenised deposits and regulated stablecoins, as interest grows in blockchain-based forms of money. The bank said interoperability will be key as financial institutions adopt new token-based systems.  Ryan Hayward, head of digital assets and strategic investments at Barclays, said: “Interoperability is essential to unlock the full potential of digital assets… specialist technology will play a pivotal role in delivering connectivity and infrastructure.” Ubyx aims to build a “common globalised acceptance network” for regulated digital money.  Chief executive Tony McLaughlin stated that bank participation is vital to ensure “par value redemption through regulated channels”, adding that firms are entering “a world in which every regulated firm offers digital wallets in addition to traditional bank accounts”. The investment comes amid rising regulatory clarity and growing use of tokenised assets beyond cryptocurrency.  The post Barclays invests in Ubyx appeared first on LeapRate.

DTCC has received approval from the U.S. Securities and Exchange Commission to introduce a new triparty repo clearing service within its Agent Clearing Service, expanding central clearing access ahead of major regulatory changes. The approval allows the Fixed Income Clearing Corporation to offer cleared triparty repo capabilities to Agent Clearing Members and their executing-firm clients.  The service will support both “done-with” and “done-away” trades and will be delivered using BNY’s Global Collateral platform. DTCC said the new ACS Triparty Service is intended to help firms prepare for the SEC’s expanded U.S. Treasury clearing rules, which take effect in December 2026 for cash and in June 2027 for repo transactions.  Benefits are said to include potential improvements in margin efficiency, reduced capital requirements and balance-sheet relief. Alongside the regulatory approval, FICC reported record activity in its Government Securities Division. Overall peak volume reached $13.2 trillion on 1 December 2025, while buyside activity hit a new high of $3.1 trillion at year-end across Sponsored and Agent Clearing Services. DTCC said the development would support broader industry efforts to boost the resilience and efficiency of U.S. Treasury market infrastructure. The post DTCC wins SEC approval for new triparty clearing service appeared first on LeapRate.

Cboe Global Markets revealed its trading volume for December and the full year 2025 this week, reporting record derivatives activity in the year, with total options volume reaching 4.6 billion contracts across its four U.S. options exchanges.  Average daily volume rose to 18.4 million contracts, marking the sixth consecutive year of record trading. Multi-listed options traded 3.4 billion contracts over the year, while proprietary index products recorded 1.2 billion.  The S&P 500 Index options franchise continued to expand, with a record 970.6 million contracts traded and zero-days-to-expiry (0DTE) products representing 59% of total SPX activity. The company also highlighted strong performance across its international equities platforms. Cboe Europe Equities posted record average daily notional volume of €12.8 billion and a 25% overall market share. Global FX also set multiple records, including a spot ADNV of $49.7 billion. Off-exchange U.S. equities trading saw BIDS Trading report a yearly ADV of 155 million matched shares, nearly doubling year on year. Cboe released preliminary fourth-quarter guidance on revenue per contract and net capture, noting expected RPC of $0.317 across total options and $1.717 for futures. The post Cboe posts record 2025 derivatives volumes appeared first on LeapRate.

Marqeta has appointed Patti Kangwankij as its next chief financial officer, with the real estate technology executive set to join the Nasdaq-listed payments company on 9 February.  She replaces Mike Milotich, who became chief executive in September 2025. The group said Kangwankij will oversee all financial operations as Marqeta works to accelerate growth and strengthen profitability. She joins from Roofstock, where she serves as CFO, and previously held senior roles at Stripe and JPMorgan Chase. Milotich said: “We are thrilled to welcome Patti to the Marqeta team. She brings deep payments industry expertise, and her leadership will be a critical asset as we continue to execute our strategy, scale our platform, and enable customer innovation in card issuing.” He added that she is “the right leader to guide our finance organisation and help accelerate our momentum”. Kangwankij said she was “honoured to join Marqeta at such a pivotal moment”, pointing to the firm’s “customer-centric approach” and strong industry relationships.  She stated that she looked forward to helping drive “sustainable growth and deliver long-term value for shareholders”. The post Marqeta Appoints New CFO as Growth Strategy Advances appeared first on LeapRate.

Alpaca has announced plans to enter India’s rapidly expanding financial services market through the acquisition of Zincmoney IFSC Private Limited, a broker-dealer regulated by the International Financial Services Centres Authority and operating from Gujarat International Finance Tec-City. The announcement, made on Wednesday, marks a significant step in Alpaca’s expansion. The company, known for its self-clearing broker-dealer platform and brokerage infrastructure APIs, said the deal will provide a regulated operational foothold in India and accelerate its mission to broaden access to modern financial services worldwide. Chief executive Yoshi Yokokawa said the acquisition is “critical to building truly global brokerage infrastructure,” adding that Zincmoney had “established itself in GIFT City by working closely with Indian financial institutions and fintechs.”  He added that the combined team and licences would allow Alpaca to serve the Indian market directly while supporting partners requiring compliant access to U.S. securities and other investment solutions. Zincmoney’s capabilities span both Indian and international investments, including access to global securities, IFSC-listed products and portfolio tools aimed at areas such as overseas education and restricted stock unit management.  These offerings are expected to sit alongside Alpaca’s existing multi-asset infrastructure, which enables partners to integrate trading, custody and wealth management products through APIs. The deal also includes Zincmoney’s payment service provider, supporting customer transfers across India. Zincmoney’s Mayuresh Kini said joining Alpaca would “accelerate what we set out to build,” highlighting the goal of making global investing and IFSC products accessible to Indian households. Kini will become CEO of Alpaca India once regulatory approvals are secured. The post Alpaca to Acquire Zincmoney appeared first on LeapRate.

StoneX Digital, a division of StoneX Group, has secured its Crypto-Asset Service Provider licence under the European Union’s Markets in Crypto-Assets Regulation, enabling the firm to expand regulated digital-asset services across all EU member states. The authorisation, granted by the Central Bank of Ireland, allows StoneX Digital to offer digital-asset execution and custody under what it described as one of the world’s most stringent regulatory frameworks.  The firm has already been operating as a Virtual Asset Service Provider for more than a year. StoneX stated that the licence strengthens its ability to serve institutional and corporate clients seeking regulated access to digital-asset markets.  Chief Executive Brian Mulcahy said the goal is to help clients integrate new technologies into existing investment processes by reducing friction between traditional and digital finance. Chief Operating Officer Stuart Davison said the approval aligns with StoneX’s long-term strategy of building scalable, regulated infrastructure to support innovation without disrupting clients’ operations. Launched in 2022, StoneX Digital provides institutional trading tools and market access. The firm said demand for regulated providers continues to rise as financial institutions look for established partners in digital assets. The post StoneX Digital Secures EU MiCA Licence to Expand Regulated Crypto Services appeared first on LeapRate.

Hong Kong’s Securities and Futures Commission has fined Saxo Capital Markets HK Limited (SCMHK) $4 million and issued a formal reprimand after finding regulatory breaches in the distribution of virtual-asset products between November 2018 and November 2022. According to the SFC, SCMHK allowed retail clients to trade 32 virtual-asset funds and related products through its online platform, despite regulatory guidance stating such products should be offered only to professional investors. The firm executed 1,446 transactions during the period, including 21 exchange-traded derivative products considered complex. The SFC found that SCMHK failed to assess clients’ knowledge of virtual assets, did not provide adequate product information or warnings, and lacked proper due-diligence procedures.  The regulator added that deficiencies in group-level protocols meant the products were not flagged as virtual-asset related and were therefore made available to all users of the platform. They also said SCMHK did not ensure transactions were suitable for clients and failed to gather sufficient information to assess the knowledge of derivatives among 87 clients who traded exchange-traded virtual-asset derivatives. The SFC noted several mitigating factors, including the firm’s self-reporting, cooperation and voluntary compensation of client losses. SCMHK has since ceased carrying out regulated activities. The regulator concluded that the failures constituted breaches of the Guidelines on Online Distribution and Advisory Platforms and the Code of Conduct. The post Saxo Capital Markets HK Fined $4 Million the SFC appeared first on LeapRate.