The Securities Industry and Financial Markets Association (SIFMA) has announced that it will wind down the publication of its suite of SIFMA Auction Rate Securities Indices. To do so in an orderly fashion with proper notice to the market, each time the number of issues included in an index decreases to ten, SIFMA will post…
Read moreEuronext has just announced the listing of microprocessor specialist Kalray, France’s largest IPO since 2012 on its Euronext Growth market. Founded in 2008, Kalray designed and developed MPPA® (Massively Parallel Processor Array), a unique microprocessor architecture that expands real-time computing power exponentially while keeping energy consumption very low. The company is a spin-off of CEA,…
Read moreLeapRate Exclusive... LeapRate has learned that automated regulatory compliance specialist muinmos has appointed Jonas Nielsen, former CEO of FX platform, data and charting provider NetDania Markets, as its new Business Development Director. Jonas Nielsen was CEO of Copenhagen based NetDania Markets for the past eight years. He brings a wealth of experience to muinmos in…
Read moreSolo and small firm lawyers can now more easily track and act on key financial performance data, as well as more effectively manage many aspects of their firms with enhancements to Thomson Reuters Firm Central, a cloud-based practice management solution. The new features improve the ability to track performance, bring in new clients, handle invoices,…
Read moreAn ASIC review has found that while registered liquidators are mostly doing the right thing when complying with their lodgement and publication obligations, there is room for improvement. The review looked at around 26,000 insolvency administrations over a 3-year period to June 2017 and tested how registered liquidators complied with their obligations. ASIC found that…
Read moreRSRCHXchange, the marketplace and aggregator for institutional research, has just released headlines from the results of their latest survey on research unbundling which came into effect on January 3rd 2018 across Europe as part of MiFID II. The survey was conducted in Q2 2018 by polling company Survation, who canvassed the views of 418 respondents…
Read moreThe Securities and Exchange Commission (SEC) announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS). Merrill Lynch agreed to repay more than $10.5 million to its customers and to pay penalties of approximately…
Read moreLeapRate Exclusive… LeapRate has learned via regulatory filings that Hirose Financial UK Ltd., the FCA regulated arm of Japanese retail forex brokerage group Hirose Tusyo Inc (TYO:7185), saw its Revenues tumble 36% in Fiscal 2018 (year ended March 31, 2018) to just £317,000, down from £496,000 last year. That follows a 47% revenue decline last year in…
Read moreBitcoin has taken yet another hit. Its price tumbled below $6,500 in just a matter of days. While in December, 2017, Bitcoin was trading above $19,500 per coin on the largest exchanges in the world, that quickly changed and now, for a second time, the "people's currency" is taking a cut of almost 50% of…
Read moreCoinbase has just added another cryptocurrency under its belt - Ethereum Classic. Since today, users will already be able to trade and store ETC in Coinbase. The interesting thing to note, however, is why Coinbase decided to add that particular cryptocurrency to its products. As CCN noted, ETC is currently well behind in market capitalization…
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