FCA issues first ever fine for late disclosure of inside information to Tejoori Limited LeapRate

December 14, 2017 BY Valentina Kirilova

FCA issues first ever fine for late disclosure of inside information to Tejoori Limited

The Financial Conduct Authority (FCA) informed that it has today fined Tejoori Limited (Tejoori) £70,000 for failing to inform the market of inside information as required by Article 17(1) of the Market Abuse Regulation (MAR). This is the first fine the FCA has imposed on an AIM company for late disclosure following the introduction of…

December 14, 2017 BY Valentina Kirilova

Quant Insight launches Analytics Dashboard

Quant Insight, the macro research firm providing discretionary managers with actionable investment ideas, today announced the launch of their Analytics Dashboard functionality, which brings together the ability to analyse and visualise patterns between asset prices and the macro forces driving them, and tools to identify the best trading expression across all asset classes. Discretionary portfolio…

Euronext raises Oslo Børs VPS commitment to 50.6%

December 14, 2017 BY Valentina Kirilova

Euronext approved by the AMF to provide APA and ARM services

Euronext today announced its approval by the French regulator, Autorité des Marchés Financiers (AMF), to provide Approved Publication Arrangement (APA) and Approved Reporting Mechanism (ARM) services to Investment Firms in Europe, from the introduction of MiFID II on 3rd January 2018. In July 2017, Euronext announced the enhancement of its Trade Publication and Transactions Reporting…

December 14, 2017 BY Valentina Kirilova

Eze Software partners with Wise Trading to deliver real-time currency risk management

Eze Software, a global provider of investment technology, just announced that it has partnered with Wise Trading Technologies to enhance its currency offering. With WISERISK, Eze OMS users will get more automation, visibility and precision in managing currency risk in real-time. WISERISK enables users to eliminate fragmented spreadsheets and mitigate laborious, error-prone manual processes. To…

December 14, 2017 BY Valentina Kirilova

Bursa Malaysia issues its revamped Corporate Governance Guide

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) today released the 3rd edition of the Corporate Governance Guide (“CG Guide”) to provide guidance for listed issuers to improve their corporate governance practices and reporting, in line with the new Malaysian Code on Corporate Governance (“MCCG”) issued on 26 April 2017 and the recent enhanced corporate…

New BIS report cites “internalization” by large banks for 7% volume drop

December 14, 2017 BY LeapRate Staff

TRAction Fintech integrates with oneZero for MiFID II and EMIR regulatory reporting solutions

Regulatory and reporting solutions provider TRAction Fintech and trading software company oneZero Financial Systems have announced a collaborative partnership aimed at simplifying MiFID II and EMIR transaction reporting for FX and CFD brokers. TRAction Fintech is a specialist in regulatory reporting, offering transaction reporting services for MiFID II/ MiFIR and EMIR. oneZero provides execution software…

BIS announces key appointments in Singapore and Switzerland

December 14, 2017 BY Valentina Kirilova

UBS Announces Changes To Group Executive Board

The UBS Group AG (VTX: UBSG) Board of Directors informed that it has approved the following changes to the Group Executive Board (GEB), the firm's most senior management body. Martin Blessing appointed President Wealth Management Axel P. Lehmann appointed President Personal & Corporate Banking and President UBS Switzerland Sabine Keller-Busse appointed Group Chief Operating Officer.…

December 14, 2017 BY LeapRate Staff

Binary Options broker 247 Options Trade showing fake FSC and CySEC regulator licenses

Offshore binary options brokers 247 Options Trade (operating from website 247optionstrade.com) is showing a number of false documents on its site purporting to be licenses issued to the company by regulators in Mauritius and Cyprus. Mauritius regulator FSC has issued an investor warning that 247 Options Trade is not and has not, at any point in…

Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks

December 14, 2017 BY Valentina Kirilova

SEC Division of Trading and Markets Deputy Director Gary Barnett retires

The Securities and Exchange Commission (SEC) has announced that Gary Barnett, Deputy Director in the Division of Trading and Markets, will retire from the agency at the end of the year. Since January 2015, Mr. Barnett has overseen the division’s Office of Broker-Dealer Finances, Office of Derivatives Policy, Office of Trading Practices, its Volcker rule…

December 14, 2017 BY Valentina Kirilova

Interactive Brokers fined $250,000 for breaching market integrity rules

Interactive Brokers LLC ('Interactive') has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ('the MDP'), ASIC informed earlier today. The MDP found it had reasonable grounds to believe that Interactive had breached the ASIC Market Integrity Rules (Chi-X Australia Market) 2011 which: prohibit a…