The Australia and New Zealand Banking Group Limited (ANZ) today announced its full support for a new voluntary code that will ensure payments between businesses are made efficiently and on time. The Business Council of Australia announced the new Australian Supplier Payment Code this morning in a bid to help businesses manage cash flow and…
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Osaka Exchange, Inc. (OSE) introduced Osaka Exchange Alert Mail today, which immediately notices any trading suspension etc. of OSE derivative products due to system trouble, and the delay in publication etc. of settlement prices or SPAN Risk Parameter Files by Japan Securities Clearing Corporation. Users can receive email alerts from Osaka Exchange, Inc. (OSE) related…
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The Financial Services Commission, Mauritius (the FSC Mauritius) warned against the binary options broker VTB Trade. VTB Trade claims to be an international company that provides its customers with the most advanced services on the world financial market. It purports to have its contact details as: Global Service Headquarters, The Financial Services Centre, Berkshire House, Holborn,…
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Two new bonds of the football club AC Milan started trading on the Vienna Stock Exchange. The corporate bonds have a total issuing volume of EUR 12 million and a maturity just short of 1.5 years. The quality of service offered by the Vienna Stock Exchange makes it an attractive listing venue for international companies.…
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Global commodities broker Marex Spectron has announced the successful syndication of a new $105 million working capital facility, increased in size from the company's previous $65 million facility. The syndication was led by Lloyds Bank, and included the participants in Marex Spectron's previous $65 million facility - Lloyds Bank, Bank Leumi UK and Barclays Bank -…
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LeapRate has learned that seasoned Retail Forex industry executive Tal Zohar has left IG Group Holdings plc (LON:IGG) for a new position as Head of Elite Connect and a member of the Senior Management Team at the London Stock Exchange Group Plc (LON:LSE). ELITE is the LSE's investor relation portal and education center. Its mission is…
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Major disruptions in world events over the last year have not dented New Zealanders’ confidence in financial markets The Financial Markets Authority (FMA) released its annual survey into the public’s attitude to financial markets. The survey shows that confidence has risen significantly to 65% among all respondents, from 56% in 2016. Investor confidence in the…
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ASIC announced that it has cancelled the Australian financial service licence (AFS) licence of Gallop International Group Pty Ltd, formerly known as Weather Pro Exchange Pty Ltd (ACN 147 664 551) (Gallop). The cancellation of the AFS licence is effective from 24 May 2017. Gallop International runs Retail Forex broker Gallop FX from website gallopfx.com.au.…
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The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. If you recall, the Federal Open Market Committee (FOMC)…
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Mergers and Acquisitions activity led Forex Industry News this past week, on both the retail and institutional sides of the sector. The key deals - Euronext NV (EPA:ENX) buying FastMatch and ThinkMarkets acquiring Trade Interceptor - highlighted two of the key FX industry trends we've reported a lot on of late: consolidation, and the growing importance…
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