Axis Incorporation former Executive Directors jailed for furnishing false statements LeapRate

July 10, 2017 BY Valentina Kirilova

Axis Incorporation former Executive Directors jailed for furnishing false statements

The Kuala Lumpur Sessions Court today convicted and jailed two former executive directors of Axis Incorporation Bhd (Axis) for furnishing false statements to Bursa Malaysia Securities Bhd. Lee Han Boon and Saipuddin Lim Abdullah both pleaded guilty for furnishing false information to the stock exchange in relation to Axis’ revenue of RM91.13 million. Out of…

July 10, 2017 BY LeapRate Staff

5 Steps to Ensure Marketing Success

The following article was written by Adinah Brown, content manager at Leverate. It is often said that people don’t plan to fail, they fail to plan. For many small businesses, their marketing strategies consist of implementing one great idea here and then another one there, without following a plan or method. Like hitting the trunk of…

July 10, 2017 BY Valentina Kirilova

SFC and AMF sign MoU on France-Hong Kong Mutual Recognition of Funds

The Hong Kong Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF) announced that have signed a Memorandum of Understanding (MoU) on France-Hong Kong Mutual Recognition of Funds (MRF), which will allow eligible Hong Kong public funds and French UCITS funds to be distributed to retail investors in each other’s market through…

July 10, 2017 BY Valentina Kirilova

CySEC fines and prohibits directors of Falcon Brokers Limited from exercising professional financial activity

The Cyprus Securities and Exchange Commission (CySEC) has today announced a series of financial penalties on the directors of Falcon Brokers Limited, and has banned all key persons of the Company from exercising professional activity related to the financial sector for a number of years. This decision marks the conclusion of CySEC’s eighteen-month investigation into…

July 10, 2017 BY Valentina Kirilova

What is custodian and how to protect your capital when trading

The following article was written by Etana Custody. Being the larger financial market in the world and the ability to make a profit from positive and negative global events, makes the Forex Market a great and exciting place to be - high liquidity and proﬁt potential that surpass those of other market segments. But being…

July 10, 2017 BY LeapRate Staff

Why Newbie Forex Traders Fail and How to Survive the Initial Stages

The following article was written by Walter Akolo, Senior Financial Analyst at realisticloans.com, a lender's & borrower's portal. Most new traders start off with the hope of making tons of money on the market. While this is an excellent way to get motivated, the most appropriate approach is learning how not to lose money rather…

July 10, 2017 BY Valentina Kirilova

IPO of The NAGA Group AG in Frankfurt Stock Exchange’s Scale segment

With the Hamburg-based fintech, The NAGA Group AG, the first company from the Deutsche Börse Venture Network has been listed in the SME segment Scale on the Frankfurt Stock Exchange. The issue volume of the IPO was €2.51 million. The first price was €3.60, the issue price €2.60. The IPO was accompanied by Hauck &…

July 10, 2017 BY Valentina Kirilova

CLS and NEX Optimisation to expand CLS Aggregation Services to non-CLS currencies

Trade aggregation will extend to offshore Chinese renminbi (CNH), Russian ruble (RUB), Turkish lira (TRY) and Polish zloty (PLN) CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, and NEX Optimisation, a NEX Group (LON:NXG) business which helps clients reduce complexity and optimise resources across the transaction…

July 10, 2017 BY Valentina Kirilova

China payment wars heat up as WeChat Pay launches in Europe

Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba's affiliate Ant Financial. Tencent has partnered with German payments firm Wirecard to allow European retailers to accept WeChat pay as a payment option. As CNBC reports, the move is specifically aimed at…

July 10, 2017 BY Valentina Kirilova

Bats welcomes 43rd iShares ETF to Bats ETF Marketplace

Bats, a CBOE Holdings Inc. (NASDAQ: CBOE) company, and a market for exchange-traded products (ETP) trading globally, announced that has welcomed a new iShares ETF to the Bats ETF Marketplace. The iShares Russell 2500 ETF (Bats: SMMD) seeks to track the investment results of an index composed of mid- and smallcapitalization U.S. equities. Year-to-date, Bats…