The Department of Justice has appointed former FBI head Robert Mueller to investigate whether Russia intervened during the 2016 presidential election. Recent reports from the US are indicating that the probability that Trump’s presidency will end this year is around 29% following the Russia leak scandal. Trump is now facing his biggest political crisis since…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that the FCA regulated UK arm of retail forex broker FXCM, Forex Capital Markets Limited, does not expect regulatory action to be taken against the company, similar to what happened in the US. In the US, of course, FXCM and its then-CEO Drew Niv were fined $7…
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Forex and CFD provider AvaTrade just announced the addition of 3 rising digital currencies - Ethereum, Dash and Ripple, to its trading portfolio. These currencies show a drastic augmentation of 1,000-4,000% in the past year. Combining them alongside Bitcoin, which doubled in the last 6 months, the cryptocurrencies' market share has grown significantly recently. The latest…
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Moscow Exchange (MOEX) announced its financial results in accordance with International Financial Reporting Standards (IFRS) for Q1 2017. Key financial highlights for Q1 2017 Fee and commission income from the Fixed Income Market increased 12.8% YoY thanks to strong primary placements, both in government and corporate bonds. Fee and commission income from the Money Market…
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Morningstar, Inc. (NASDAQ: MORN), a provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for April 2017. In April, investors put $17.1 billion into U.S. equity passive funds, down from $31.1 billion in March 2017. On the active side, investors pulled $16.8 billion out of U.S. equity…
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Financial professionals using Thomson Reuters (NYSE:TRI) has enriched its environmental, social and governance (ESG) capabilities with the addition of the Insight360 SASB Edition, an app that gives the buy-side the ability to leverage the Sustainability Accounting Standards Board’s (SASB) Materiality Framework to identify investment opportunities and manage risks with near real-time ESG data. Developed by…
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CBOE Holdings, Inc. (NASDAQ: CBOE) said Wednesday trading volume at the all-electronic C2 Options Exchange, Incorporated (C2) set a one-day trading record with reported trading volume of 966,604 contracts, surpassing a previous single-day record of 825,299 contracts set on November 9, 2016. Trading volume on Bats’ two options exchanges, BZX and EDGX, also each had…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Cyprus-based retail forex broker Exness has made an application to the UK financial regulator FCA to increase the scope of its FCA-licensed arm, Exness Europe Limited (Exness UK). Exness received its initial FCA license in September of last year, which LeapRate discussed at the time with Exness…
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Australia based retail and institutional FX services firm Invast Global has announced that its Sydney-based CEO, Gavin White, has been asked to join the Board of Directors of Japan-listed parent company Invast Securities Co., Ltd. (TYO:8709). The nomination of Mr. White to the Board of Invast Securities Co., Ltd. is subject to the approval of the…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that shareholders of online gaming and trading giant Playtech PLC (LON:PTEC) have rejected a resolution put forth by the company's board of directors, to issue a one-time grant of 1.5 million Playtech shares to CEO Mor Weizer. Weizer has been CEO of Playtech since 2007. The shareholder…
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