Securities and Exchange Commission proposes Transaction Fee Pilot for NMS Stocks
June 09, 2017 BY Valentina Kirilova

SEC names Stephanie Avakian and Steven Peikin as Co-Directors of Enforcement

The Securities and Exchange Commission (SEC) announced that Acting Director of the Division of Enforcement Stephanie Avakian and former federal prosecutor Steven Peikin have been named Co-Directors of the Division of Enforcement. The Division of Enforcement is the agency's largest unit with more than 1,200 investigators, accountants, trial attorneys, and other professionals. There is no…

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June 09, 2017 BY Valentina Kirilova

SGX welcomes iFAST Financial as Securities Trading and Clearing Member

Singapore Exchange (SGX) announced that has welcomed iFAST Financial Pte Ltd as a Trading Member and Clearing Member of its securities market. iFAST Financial Pte Ltd is part of iFAST Corporation Ltd, which listed on SGX Mainboard in December 2014. iFAST Corporation Ltd is a leading online investment products distribution platform headquartered in Singapore, providing…

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June 09, 2017 BY Valentina Kirilova

Monetary Authority of Singapore and ASBA sign FinTech MoU

The Monetary Authority of Singapore (MAS) and the Association of Supervisors of Banks of the Americas (ASBA) today signed a Memorandum of Understanding (MOU) to bolster FinTech ties between Singapore and the Americas. The MOU provides a framework for FinTech cooperation between Singapore and ASBA member countries. Under the framework, both parties can explore potential…

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MOEX launches trading in sunflower seed futures
June 09, 2017 BY Valentina Kirilova

MOEX releases steady equity and bond market volumes report in May

Moscow Exchange announced the equity and bond market volumes report for May 2017. The highlights include: In May, Moscow Exchange’s Indices reflected the negative trend on the Russian stock market. The MICEX Index was down 5.77% to 1,900.38 (from 2,016.71 on 28 April), while the dollar-denominated RTS Index fell 5.49% to 1,053.30 (from 1,114.43). The…

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FxPro offices
June 09, 2017 BY LeapRate Staff

Exclusive: FxPro changes - CSO Vanessa Spyrou resigns, spreadbetting launch, Premier League shirt sponsor, Dubai FX office, and more...

LeapRate Exclusive... LeapRate has learned in conversations with senior management and others close to the situation that several big changes are cooking at leading CySEC and FCA regulated retail forex broker FxPro. We'd note, before outlining some of these changes below, that a number of rumors are being spread via email by someone who is…

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FINRA's 2018 volume tops 2017 activity by 87%
June 09, 2017 BY Valentina Kirilova

FINRA issues research on securitized-asset liquidity

The Financial Industry Regulatory Authority (FINRA) Office of the Chief Economist posted a new Research Note on liquidity in structured products, complementing an earlier report on corporate-bond liquidity. The new analysis focused on two categories of products: real-estate securities, including mortgage-backed securities in residential housing and commercial buildings, as well as collateralized mortgage products and…

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CFTC offices
June 09, 2017 BY Valentina Kirilova

CFTC charges Pishon Holding LLC with fraudulently soliciting more than $11 million from customers in connection with trading futures

The U.S. Commodity Futures Trading Commission (CFTC) announced that on June 1, 2017, Judge James Robart of the U.S. District Court for the Western District of Washington entered a Statutory Restraining Order (SRO) against Sung Hong a/k/a Lawrence or Laurence Hong of Bellevue, Washington (Laurence Hong), Hyun Joo Hong a/k/a Grace Hong of either Bellevue…

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June 09, 2017 BY Valentina Kirilova

Solactive and Panthera Solutions launch Solactive Panthera World Market Portfolio Index

Solactive, the innovative German index engineer, and Panthera Solutions announced that are launching the Solactive Panthera World Market Portfolio Index. This index seeks to replicate the global market portfolio as measured by Monaco-based asset allocation consultancy Panthera Solutions through a multi-asset indexing strategy. Specifically, the index is composed of ETFs and minor cash positions tracking…

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