CBOE Holdings launches S&P 500 Dividend Aristocrats Target Income Index LeapRate

September 27, 2017 BY Valentina Kirilova

CBOE Holdings launches S&P 500 Dividend Aristocrats Target Income Index

CBOE Holdings, Inc. (NASDAQ: CBOE) just announced it has launched the CBOE S&P 500 Dividend Aristocrats Target Income Index (SPAI), a benchmark index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks contained in the widely utilized S&P 500 Dividend Aristocrats Index, to target a specific level of total income.…

September 27, 2017 BY LeapRate Staff

Plus500 indicates Revenues continue to be 'ahead of expectations' in Q3 Trading Update

CFD broker Plus500 Ltd (LON:PLUS) issued its customary end-of-quarter Trading Update today, indicating that both Revenues and Profits are on track to be ahead of expectations. Plus500 did not give any specific numbers or targets. Plus500 reported a "monster" quarter in Q2, as the company has grown to become the #2 UK CFD broker behind only…

September 27, 2017 BY Valentina Kirilova

CFTC approves delegated authority provisions for designated contract markets

The U.S. Commodity Futures Trading Commission (CFTC) announced that has adopted final rules delegating authority to CFTC staff, under the agency’s system safeguards rules, to notify each designated contract market (DCM) annually of whether it is a “covered DCM” as that term is defined in CFTC Regulation 38.1051(h)(1). This annual notice will also inform each…

September 27, 2017 BY Valentina Kirilova

FCA warns against Pascal Grande Capital Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Pascal Grande Capital Partners. 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…

DFSA launches Cyber Threat Intelligence Platform

September 27, 2017 BY LeapRate Staff

The cyber threat from within

The following article was written by Raymond Craig. Raymond is a keen follower of tech legislation and is copywriter for a number of financial technology (FinTech) companies focusing on the new age of banking. When unplugged Raymond writes about the non-techy world of surfing. Despite the growth in cyber-attacks IT spending budgets are not growing…

September 27, 2017 BY LeapRate Staff

Exclusive: New FX broker ProbusFX gets CySEC license, hires Squared Financial's Youssef Barakat as CEO

LeapRate Exclusive... The new, stricter rules governing FX and CFD brokers issued by Cyprus financial regulator CySEC late last year do not seem to be deterring a new generation of brokers from setting up shop in the island nation. LeapRate has learned that CySEC has issued a new CIF license to a Lebanon based investor…

September 26, 2017 BY LeapRate Staff

Zacks Small Cap Research analyst Jason Napodano charged with Insider Trading on his own reports

The U.S. Securities and Exchange Commission has charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He agreed to settle the charges and be barred from trading in penny stocks for the…

September 26, 2017 BY Mariela Naydenova

Jeff Pulver’s MoNage Ventures Among First Companies To Use Polymath Securities Token Platform

Polymath, the first-ever securities token platform, has unveiled an impressive list of advisors to support its launch, including some of the top minds in blockchain, rising CEOs, founders of cryptocurrencies, and fintech heavyweights. The company, founded by former NHL player and entrepreneur Trevor Koverko, has also announced the names of the first three companies to…

September 26, 2017 BY Mariela Naydenova

Mario Draghi “Surrenders” to Bitcoin

On September 25th, at the hearing of the Committee on Economic and Monetary Affairs of the European Parliament, Mario Draghi, the President of ECB, talked about the current economic and inflation outlook for the European Union, the growth of the real GDP (coming at 2.3%), the corporate sector purchase program and the monetary policy in…

September 26, 2017 BY Mariela Naydenova

Japan To Launch Their Own Cryptocurrency: The J-Coin

The Financial Times reported that Mizuho Financial Group and Japan Post Bank are forming a consortium to launch a domestic digital currency: the J-Coin. The idea is to make Japanese people less dependent on cash and fiat money. According to FT, the Japanese consortium plans to launch the financial innovation just in time for the…