LeapRate has learned via regulatory filings made in the UK and France that international derivatives broker and FX market maker Sucden Financial Limited reported so-so results for 2016. On the top line, Revenues rose by 7% to £46.5 million, although still well below where Revenues were in 2013 and 2014 at Sucden. On the bottom…
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Singapore Exchange (SGX) today welcomed Aoxin Q & M Dental Group Limited to Catalist under the stock code “1D4”. Aoxin Q & M Dental Group Limited is a spin-off of Mainboard-listed dental group Q & M Dental Group (Singapore) Limited’s dental services and dental equipment and supplies distribution businesses in the Northern People’s Republic of…
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The Stock Exchange of Thailand (SET), at the member ordinary meeting on April 26, 2017, announced the appointment of its board governors to replace the current governors whose term ends on May 27, 2017. One governor, Chaipatr Srivisarvacha, Chief Executive Officer of KT ZMICO Securities Co., Ltd., has been re-elected for the second term, while…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total number of complaints reported by firms in the second half of 2016 was 3.04 million. This number is higher than previous reporting periods because under the…
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DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) A consolidation is taking hold in front of the ECB but is the DAX due another correction? The strong breakout to new all-time high ground has started to slow and early moves today are lower. The concern is that in four of the five…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Global Marketing Online Limited / ADS Securities. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as…
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The Securities and Exchange Commission (SEC) charged a former broker with knowingly or recklessly trading unsuitable investment products in the accounts of five customers and misappropriating more than $170,000 from one of those customers. The SEC’s complaint alleges that Demitrios Hallas repeatedly traded unsuitable investments in his customers’ accounts, exposing customers who were unsophisticated with…
Read more26/04/2017 06:09 With the ECB meeting looming, expectations of Trump's tax announcement and the ongoing French elections, low volatility has the potential to rise once more. 1) Don’t Write Off Le Pen Just Yet The polling data was accurate in the first round of the presidential election in France but that does not rule out a…
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Otkritie Capital International Ltd (OCIL), a UK-based, FCA-regulated prime-broker operating across global financial markets, today announced at TradeTech Europe that its FX Prime business within the Otkritie Global Prime franchise is picking up pace since its full scale rollout 12 months ago. The FX Prime turnover volumes went up by 96% compared to April 2016…
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