March 10, 2017 BY Valentina Kirilova

Dollar firms to seven week highs against the yen

The dollar hit seven-week highs vs the yen today, as investors awaited U.S. jobs data ahead of next week's Federal Reserve meeting, while weak inflation figures pushed the Norwegian crown to four-month lows against a stronger euro, Reuters reported. The single currency rose a third of a percent to a four-day high of $1.0619, having…

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March 10, 2017 BY Valentina Kirilova

FCA warns against Asset Management Protection firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Asset Management Protection. Asset Management Protection is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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March 10, 2017 BY LeapRate Staff

Binary Options broker group Novox Capital fined €5,000 by CySEC over name change to ZoomTrader Global

Cyprus financial regulator CySEC has issued a €5,000 fine to regulated binary options brokerage group Novox Capital Ltd. Novox is a licensed CIF company which operates a number of Binary Options, Forex and CFDs brokerage brands, including OptionBit (at website optionbit.eu), ZoomTrader Global (at zoomtraderglobal.com), RoyalPip (at royalpip.com), and NGN Broker (at ngnbroker.com). The current…

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March 10, 2017 BY Valentina Kirilova

HKEX welcomes Government appointments to its Board

Hong Kong Exchanges and Clearing Limited (HKEX) welcomed the Government's appointment of Stephen Yiu Kin-wah and the reappointment of Anita Fung Yuen-mei, Rafael Gil-Tienda and Margaret Leung Ko May-yee to its Board of Directors. The terms of Mr Yiu, Ms Fung, Mr Gil-Tienda and Mrs Leung will begin at the conclusion of HKEX's Annual General…

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March 10, 2017 BY Valentina Kirilova

ASIC bans former Morgan Stanley Wealth Management financial adviser

ASIC has permanently banned Andrew Peter Panayiotides from providing financial services. ASIC found that Mr Panayiotides failed to act in the best interests of clients and provided advice to clients of Morgan Stanley Wealth Management in relation to exchange traded options (ETOs) that was inappropriate when considering the financial circumstances and objectives of the clients…

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