May 14, 2018 BY Valentina Kirilova

BNP Paribas AM obtains QDLP qualification in China

BNP Paribas Asset Management (BNPP AM) announced that its wholly foreign-owned enterprise (WFOE), BNP Paribas Overseas Investment Fund Management (Shanghai) Co. Limited, has been granted a Qualified Domestic Limited Partner (QDLP) qualification. The Shanghai-based QDLP programme allows global asset managers to raise funds from domestic investors in China to buy overseas traditional and alternative assets…

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May 14, 2018 BY LeapRate Staff

SafeCharge reports record Revenues and transaction processing volumes in Q1-2018

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has issued a brief trading update for the first quarter of 2018, indicating that the company generated record revenues and transaction processing volumes in Q1, driven by new customer wins in the second half of 2017. SafeCharge didn't give any number specifics to those records, but in…

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May 14, 2018 BY Valentina Kirilova

FCA warns against SolidCFD firm

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 SolidCFD. SolidCFD is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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May 14, 2018 BY LeapRate Staff

TechFinancials issues 12.4M shares worth $2.8M to China binary options JV partners

Binary options brokerage and blockchain technology company TechFinancials Inc (LON:TECH) has announced it that has issued 12.4 million to its joint venture partners in its China binary options business, DragonFinancials. DragonFinancials has been the main revenue generator for TechFinancials for the past year-plus, with the company shutting down its own OptionFair binary options brand and starting…

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May 14, 2018 BY Valentina Kirilova

Singapore Exchange and Tel-Aviv Stock Exchange announce partnership

Singapore Exchange (SGX) and The Tel-Aviv Stock Exchange (TASE) have announced that they have established a partnership focused on growing capital raising opportunities for companies, particularly in the technology sector. The two exchanges will work together to support technology and healthcare companies which are looking to tap the capital markets to fund their growth plans…

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May 14, 2018 BY Valentina Kirilova

Blockchain tech company Block.one hires Commonwealth Bank exec Rob Jesudason as President & COO

Block.one, publisher of the EOSIO blockchain software and seller of the EOS token, a top-five cryptocurrency by market cap at approximately US$12.4 billion, announced that it has named Rob Jesudason as its Group President and Chief Operating Officer. Jesudason will be a member of Block.one’s Board of Directors and be responsible for scaling the group’s…

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May 14, 2018 BY Valentina Kirilova

Block Commodities Limited announce strategic alliance with Swarm Fund

Block Commodities Limited and Financial & Commodities Ecosystem Limited (FinComEco) a subsidiary of GMEX Group Ltd, have just announced a strategic alliance with Swarm Fund (Swarm). Swarm is a fully decentralised capital marketplace platform built on blockchain technology for private equity. Under the alliance, the parties will provide a unique investment opportunity via the listing…

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May 14, 2018 BY Valentina Kirilova

ASIC consults on short selling proposals

Australia regulator ASIC announced that it is seeking feedback on various proposals relating to both naked and covered short selling. ASIC’s public consultation coincides with the sunsetting of a number of related class orders, providing an opportunity to review our regulatory approach to short selling. grant legislative relief to allow market makers of certain exchange-traded…

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