July 28, 2017 BY Valentina Kirilova

Canadian securities regulators publish guidance on conflict of interest transactions

The securities regulatory authorities in Ontario, Québec, Alberta, Manitoba and New Brunswick (the participating jurisdictions) today published CSA Multilateral Staff Notice 61-302 Staff Review and Commentary on Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The notice outlines the approach used to review material conflict of interest transactions, including insider bids, issuer…

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DFSA
July 28, 2017 BY Valentina Kirilova

Insider dealer ordered to pay $15.6 million to investors

The Court of First Instance has ordered Ms Sun Min to pay the restoration amount of $15,629,341 to 51 investors affected by her insider dealing in China Huiyuan Juice Group Limited (Huiyuan) shares, Hong Kong Securities and Futures Commission (SFC) just announced. The Court order granted on 17 July 2017 was made under section 213(2)(b)…

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Regulation
July 28, 2017 BY Valentina Kirilova

Richmond Club corrects revenue recognition

ASIC has noted the decision by Richmond Club Limited, operating in the Hawkesbury region NSW, to reissue its 30 June 2016 financial reports to: recognise revenue of $1.1 million over the period of a contract for the use of assets, which runs from May 2015 to April 2016. Revenue had previously been recognised on the…

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July 28, 2017 BY Valentina Kirilova

Pragma introduces algorithmic triangulation for cross pair FX trading on Pragma360

Pragma, a multi-asset quantitative trading technology provider, announced that has enhanced Pragma360’s algorithmic suite to support triangulation of cross pair trading. The new functionality, created in response to client demand, allows traders to trade cross-pairs through triangulation to achieve better prices. By splitting the trade across more liquid currency pairs then triangulating the liquidity through…

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Autochartist Pepperstone trade from email
July 28, 2017 BY Valentina Kirilova

Pepperstone becomes first FX broker to launch email trading with new Autochartist Trade Now platform

Leading Australia-based retail forex broker Pepperstone has announced the launch of a new Autochartist service to their clients, called Trade Now. In this launch Pepperstone becomes the world’s first brokerage company to adopt Autochartist’s new trading functionality that allows clients to place trades directly from Autochartist’s email research. Autochartist is a leading chart pattern recognition…

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July 28, 2017 BY Valentina Kirilova

New tradable indices go live at Euronext

Euronext has announced the launch of the Morningstar Eurozone 50 IndexSM and Morningstar Developed Markets Europe 100 IndexSM on Euronext. The launch of the new European indices for blue chips follows the signing of a strategic agreement with Morningstar announced in March 2017 to develop a series of derivative products based on Morningstar indices. The…

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techfinancials
July 28, 2017 BY LeapRate Staff

Binary Options company TechFinancials grants 1.1 million options to employees and directors

Binary options platform and brokerage group TechFinancials Inc (LON:TECH) has announced that under the terms of the Company's 2014 Employee Share Incentive Plan and on the recommendation of the Remuneration Committee, the Board yesterday granted options over 1,120,000 TechFinancials' ordinary shares to employees, directors and consultants to the Company at an exercise price of US$0.0915 (approximately 7…

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Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
July 28, 2017 BY Valentina Kirilova

Halliburton paying $29.2 million to settle FCPA violations

The Securities and Exchange Commission (SEC) charged Halliburton Company with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA) while selecting and making payments to a local company in Angola in the course of winning lucrative oilfield services contracts. Halliburton, which profited by approximately $14 million from…

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