In one of the more interesting Forex Industry News weeks of the year, we reported on angry clients taking employees of a Forex brokerage hostage in Shanghai - an episode which lasted a full five days. We also had more standard stuff - FX broker results and analysis, a major Forex Sports Sponsorship announced, management…
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LeapRate Exclusive... LeapRate has learned that Israel's new Binary Options law, banning the operation of any part of a Binary Options brokerage in the country, will not be passed by the country's Knesset parliament in time for the plenary's summer vacation. The Knesset begins its summer break today, July 30. The earliest that the bill…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, The leisurely summer continues, so my article this week is based on and inspired by an earlier blog article written by my trader colleague Chris Svorcik. Have you heard about the 80/20 Rule, but wonder how it…
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Along with the announcement of the launch of the Morningstar Eurozone 50 IndexSM and Morningstar Developed Markets Europe 100 IndexSM, Euronext has today released its results for the second quarter of 2017. Strong quarter, with improved cash and derivatives volumes: Revenues up +3.8% compared to Q2 2016, to €137.3 million (Q2 2016: €132.3 million) Cash…
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FTSE Russell announced that it has published its latest annual Statement of Compliance with the recommendations made by the International Organization of Securities Commissions (IOSCO), as laid out in the Principles for Financial Benchmarks published in July 2013 (the IOSCO Principles). The IOSCO Principles aim to promote the reliability of benchmarks addressing issues surrounding governance;…
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The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed that, at its meeting held on 26 June 2017, decided to impose an administrative fine of €10.000 to Mr. Charalambos Kiritsis for non compliance paragraph 9(1) of CySEC Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIFs (‘the Directive’) since,…
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Aksys Capital, a financial services institution, announced today the formation of a strategic partnership with Wallstreet Proptrade, Lebanon's first stock market research and proprietary equity trading academy. Through the partnership, Wallstreet Proptrade will help raise trading standards by educating and training traders/investors at Aksys Capital with an aim to enhance their knowledge of global equity…
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The Board of Directors of BME today agreed to distribute a gross €0.40 per share dividend on 8 September 17, its first interim dividend against 2017 earnings. This dividend represents the same amount as that paid in September 2016. The date on which the shareholders entitled to receive a dividend are determined will be 7…
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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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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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