The Stock Exchange of Thailand (SET)’s Board of Governors has announced that has appointed Pakorn Peetathawatchai as the exchange’s 13th president, with a four-year term running from June 1, 2018 to May 31, 2022. As a veteran in financial industry, with an ability to spearhead SET strategic direction to drive the Thai capital market in…
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Confluence, the investment data management automation company for regulatory, financial and investor reporting, today announced an agreement with ICE Data Services, which is part of Intercontinental Exchange (NYSE: ICE), to help asset managers meet their compliance obligations with respect to SEC Modernization and other regulatory reporting requirements. With the implementation of SEC Modernization, the increased…
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The following article was written by Stephen Pearson, CEO of Sports Media Gaming Ltd (SMG). SMG is a leading international sports marketing agency, and continues to be at the forefront of brokering sports sponsorships for leading online trading brands. A study in late 2016 by Sports Media Gaming showed that 65% of all FX sports investment…
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FairFX, the low-cost multicurrency payments and banking service, has just announced that it has acquired the entire issued ordinary share capital of City Forex Limited (City Forex) for a consideration of £6 million payable in cash. The Acquisition is a further milestone in the evolution of FairFX and is expected to be immediately earnings enhancing.…
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Deutsche Börse AG published its preliminary results for the fourth quarter and full year 2017 on Tuesday. The highlights include: Net revenue 2017 up 3 per cent, to €2,462 million Adjusted operating costs declined by 1 per cent Adjusted EBITDA and net income up 6 per cent €4.59 adjusted earnings per share Proposed dividend increase,…
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Moscow Exchange (MOEX) announced that, on March 26, 2018 the ticker for the MOEX Russia Index will be changed across all Moscow Exchange data and trading systems. The new ticker - IMOEX - will replace MICEXINDEXCF. The ticker IMOEX will be used on the Exchange’s website, in bulletins, in the Securities and Derivatives Markets trading…
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LeapRate Exclusive... LeapRate has learned that global FX brokerage CFI Group has hired Nidal Abdelhadi to its Dubai operation, Credit Financier Invest (DIFC) Limited. Mr. Abdelhadi has joined CFI Dubai as Deputy CEO, Global Head of Business Development. He started assuming his responsibilities at CFI Dubai as of February 15, 2018. Nidal Abdelhadi joins CFI from…
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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 Chemmi Holdings t/a Max CFD. Chemmi Holdings t/a Max CFD is not authorised by the FCA but has been targeting people in the UK and is…
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LeapRate Exclusive... If anyone had any doubt as to who was in charge and calling the shots at Retail FX broker FXCM Group, after FXCM had distanced itself from one-time controlling shareholder Global Brokerage Inc (OTCMKTS:GLBR), well those questions should be clearly answered now. As we have written and explained several times ever since Leucadia National Corp (NYSE:LUK)…
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After coming hard on cryptos, Korea has now changed its rigid position on regulation of cryptocurrencies. The Korean financial regulator came with a statement today that the government will support “normal transactions” of digital currencies, just only three weeks of banning trading through anonymous bank accounts. The statement was made by Choe Jeung-sik, the governor…
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