UK online trading leader IG Group Holdings plc (LON:IGG) today announced that has launched trading on Ether, the token of the Ethereum network. This development enables traders to take a position on whether the value of the cryptocurrency will rise or fall, without having to take the risks associated with buying and storing it. Rupert…
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London Stock Exchange just welcomed Kosmos Energy (NYSE: KOS) to trading on the Main Market today as the oil and gas exploration and production company, with a $2.5 billion market capitalisation, successfully completed its London listing. Focused on frontier and emerging areas along the West African and Latin American coasts, Kosmos Energy’s listing in London…
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Singapore Exchange (SGX) and the Singapore Institute of Surveyors and Valuers (SISV) announced that are jointly reviewing valuation practices and the reporting carried out by real estate valuers that listed issuers engage. Investors rely on real estate valuations when making decisions on investments in REITs and business trusts. Quality valuations are therefore crucial to safeguarding…
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The following article was written by Adinah Brown, content manager at Leverate. Leverate, an industry leader in software trading technology, celebrated a second year of operations in China. The anniversary was marked with the recognition of numerous accomplishments; an ever growing pool of 50 clients, a team of 13 highly qualified staff and two offices from…
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Sketch-to-Scale solutions provider Flex (NASDAQ: FLEX) announced that on August 15, 2017, it received shareholder approval to purchase up to 20% of its outstanding shares. Since the beginning of fiscal 2012 through the first quarter ended June 30, 2017, the Company repurchased approximately 298.8 million shares for approximately $2.6 billion and retired all of these shares.…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated Retail FX and CFDs broker Aetos Capital Group (UK) Limited saw its Revenues evaporate in Fiscal 2017 (year ended March 31, 2017), as the company posted a loss of £1.2 million (USD $1.5 million). Aetos UK is part of Aetos Capital Group, a company controlled…
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LeapRate Exclusive… After we exclusively reported back in February that leading Australia based retail forex and CFDs broker Pepperstone suspended all activity in its FCA-regulated UK subsidiary Pepperstone Limited, a week ago LeapRate has shared that the company has finalized its management and operational changes and is now once again open for business in the UK. When…
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The Securities and Exchange Commission (SEC) announced that broker Banca IMI Securities Corp. (BISC), an indirect, wholly-owned U.S. subsidiary of Italian bank Intesa Sanpaolo SpA, has agreed to pay more than $35 million to settle charges that it violated federal securities laws when it requested the issuance of and received American Depositary Receipts (ADRs) without…
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The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, announced that have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an international exchange. The partnership enables both entities to increase their presence in the Saudi…
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Forex ECN Hotspot FX, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, announced Mike Cahill’s appointment to the firm’s London-based sales team. Mr. Cahill, who was previously responsible for relationship management within KCG’s FX market-making business, joins Hotspot as a Director, FX Sales, and will be responsible for covering European systematic trading and asset management firms. Based…
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