XTB fx broker office Warsaw
November 17, 2017 BY LeapRate Staff

XTB issues response to Polish Financial Supervision Authority (KNF) on Forex Fraud charges

Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, issued today a response to reports that Poland's Financial Supervision Authority (Komisja Nadzoru Finansowego, or KNF) was going to initiate proceedings against the company for perpetrating Forex Fraud. As we reported earlier…

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clone firm FCA warning
November 17, 2017 BY Valentina Kirilova

FCA warns against MG Finance Consulting clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm MG Finance Consulting. 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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November 17, 2017 BY Valentina Kirilova

Qualcomm extends cash tender offer for all outstanding shares of NXP

Qualcomm Incorporated (NASDAQ: QCOM) today announced that Qualcomm River Holdings B.V., an indirect wholly owned subsidiary of Qualcomm, has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding common shares of NXP Semiconductors N.V. (NASDAQ: NXPI). The tender offer is being made pursuant to the Purchase Agreement,…

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moex moscow exchange
November 17, 2017 BY Valentina Kirilova

MOEX releases October market report, ADV down 12% MoM

Moscow Exchange (MOEX) has just released its market report for the month of October. In securities market the trading volume of stocks totalled RUB 673 bln in October. The average daily trading volume was RUB 32 bln, down 12.3% MoM. The T+2 sector made up 99.7% of the total secondary market trading volume and the…

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STOXX Low Carbon products licensed to Italian bank IMI
November 17, 2017 BY Valentina Kirilova

iSTOXX Global Economic Growth Select 50 Index licensed to Citi

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the iSTOXX Global Economic Growth Select 50 Index. It was licensed to Citi as an underlying for structured products. It is a complementary index to the iSTOXX Europe Economic Growth Select 50 which…

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investing in the stock market
November 17, 2017 BY LeapRate Staff

4 Business Lessons Learned from Investing in Stocks

The following article was written by Jeff Broth, a business writer and personal finance advisor. Consulting for SMB owners and entrepreneurs for more than 7 years. While running a business and investing in the stock market are two very different endeavors, there are also a few parallel principles that apply to both. Here are four…

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ESMA ceases renewal of product intervention CFDs measures
November 17, 2017 BY Valentina Kirilova

ESMA consults on calculation of derivative positions

The European Securities and Markets Authority (ESMA) has today published for public consultation future guidelines on the calculation of derivative positions by trade repositories (TRs) authorised in the European Union under the European Market Infrastructure Regulation (EMIR). ESMA supervises the way TRs make data available to public authorities. That data should be of sufficient quality…

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November 17, 2017 BY Valentina Kirilova

JPMorgan Chase to liquidate seven capital trusts resulting in the cancellation of trust preferred securities

JPMorgan Chase & Co. (NYSE: JPM) has announced that on December 18, 2017 (the “Liquidation Date”), the Delaware trusts that issued the below seven series of trust preferred securities (the “Trust Preferred Securities”) will be liquidated, the Trust Preferred Securities and the trust common securities (the “Trust Common Securities”) issued by those trusts will be…

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Regulation
November 17, 2017 BY Valentina Kirilova

ASIC makes consolidated market integrity rules

ASIC has today made market integrity rules which consolidate 13 of the existing 14 rule books into four rule books to create a common set of rules for securities markets and a common set of rules for futures markets. The ASIC Market Integrity Rules (Securities Markets) 2017 (Securities Markets rules) set out obligations and prohibitions…

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