Singapore Exchange (SGX) has just welcomed the listing of Phillip SING Income ETF, an income-focused exchange-traded fund (ETF) offering investors access to a diverse basket of quality Singapore stocks. Launched by Phillip Capital, who is also the issuer of Phillip SGX APAC Dividend Leaders REIT ETF and Lion-Phillip S-REIT ETF, this fund aims to track…
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To enhance the global competitiveness of Japanese financial and capital markets, Tokyo Stock Exchange Group (TSE) and Osaka Securities Exchange have conducted a business combination to form Japan Exchange Group, Inc. Following the business combination, TSE integrated the cash equity markets in July 2013. During the integration, to avoid confusion and any unnecessary burden on…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Fyremount Consultants Ltd trading as Cex Markets. Fyremount Consultants Ltd is not authorised by the FCA but has been targeting people in the UK and is…
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Linde plc (ISIN: IE00BZ12WP82) was just listed on the Frankfurt Stock Exchange, Deutsche Börse has announced earlier today. The shares of the Dublin-based industrial gases group have been listed in the Prime Standard and included in the DAX index. As announced by Deutsche Börse on Wednesday, following the merger of Linde AG and Praxair Inc., the shares…
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Forex trading platform developer MetaQuotes has just announced that the new release of the MetaTrader 5 platform features support for deals involving instruments with a minimum volume of 0.00000001 lots. MetaQuotes has added the ability to display volumes with an accuracy of 8 decimal places in the market depth, in the time and sales, as…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Starwood Asset Management Fund. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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In the latest of a series of senior management moves made after China's Geely Group moved to take control of the company late last year, Copenhagen based Retail FX brokerage group Saxo Bank has announced the appointment of Lars Kufall Beck as Global Chief Financial Officer (CFO), effective no later than May 1, 2019. Lars…
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Thai energy company PTT Exploration and Production Public Company Limited (PTTEP) has just informed that it has implemented Refinitiv’s FXall trading platform and “Settlement Center” post-trade solution for managing their FX transactions. Together with Eikon, Refinitiv’s flagship data terminal, PTTEP is the first Thai corporate to adopt the end-to-end suite of services covering pre-trade, trade…
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Argentex LLP, the FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, has just announced Oliver Hemsley as a new investor in the Company. Oliver Hemsley has had a highly successful career as the founder and CEO of Numis Securities, which he grew to circa 200 employees and a market…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated retail FX and CFDs broker Fortrade Limited had a fairly flat year in 2017, after tripling its revenue and activity base in 2016. Fortrade popped up on the UK CFD scene in 2016, as noted nearly tripling its revenue that year to £15.9 million,…
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