Deutsche Börse AG has just announced that Dr Michael Josef Lappe (60) is to be its new General Counsel as of 1 March 2018. Michael Lappe is currently working as a lawyer in the consulting and transaction business and as Senior Counsel has various mandates with international legal consulting firms. Until 2012, he was corporate…
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CurveGlobal, the interest rate derivatives platform, announced today its intention to launch a three-month SONIA futures contract, which will be admitted to trading on London Stock Exchange Derivatives Market (LSEDM). The innovative CurveGlobal® Three Month SONIA® Future will address client demand for liquidity in the Bank of England’s reformed benchmark rate, which is set to…
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The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors to beware of financial scams in which con artists are posing as regulators to make fraudulent investment pitches. Recently, financial fraudsters used FINRA’s name and logo in correspondence – including a fake signature from FINRA President and Chief Executive Officer Robert W.…
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The following article was written by Adinah Brown, content manager at Leverate. In 2004, the European Commission Financial Services Action Plan launched the Markets in Financial Instruments Directive, or MiFID, which subsequently morphed into MiFID II. This directive contained a total of 42 regulations that were intended to significantly change how the EU’s financial service markets…
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The Securities and Commodities Authority (SCA) just announced that it has launched a program to assess and classify financial services companies and announced that registration is open for those interested to take part in the program. Registration applications will be accepted from mid-February to the first of March. H.E. Dr. Obaid Al Zaabi said: Launching…
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PolySwarm announced that it has reached its $15 million USD goal. Contributors included cryptocurrency incubator Science Blockchain. The Nectar presale was met with overwhelming demand, PolySwarm’s public token sale will launch February 20, 2018. We’re pleased with the early support from investors to create the first marketplace where security experts compete to protect users,” said…
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ASIC announced that it has disqualified Mr Peter Kalos of Kurnell, NSW, from managing companies for the maximum period of five years as a result of his involvement in nine failed companies. ASIC found that Mr Kalos: improperly used his corporate position by causing assets to be transferred for little or no consideration to the…
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FCA regulated Bulgaria based retail FX and CFDs broker DF Markets has announced that it has added several new shares and a financial ETF to its range of markets. Shares Broadridge Financial Solutions (BR): Headquartered in the US, Broadridge is a global company providing services in the fields of investor communication, clearing and tech solutions…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Carina Asset Management. 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 tactics…
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LeapRate Exclusive... Following our earlier report on the 2017 results of exchange operator Euronext NV (EPA:ENX), digging into the results LeapRate has learned that the company's Forex ECN unit FastMatch - which Euronext bought in mid-2017 for $153 million - generated a total of €7.2 million of Revenue for the 4.6 months it was owned by…
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