February 20, 2017 BY LeapRate Staff

A day in the life of a successful FX sales person

What does the successful sales person do, that the unsuccessful one doesn't?  Adinah Brown, content manager at Leverate, explains. What does the successful sales person do, that the unsuccessful one doesn't? How can you get more out of your underperforming salespeople? It comes down to the little things that separates the good from the great.…

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sfc warning
February 20, 2017 BY Valentina Kirilova

Hong Kong SFC adds DA Corporation Partners to its alert list

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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SFC fines
February 20, 2017 BY Valentina Kirilova

Share Investing pays $130,000 in infringement notice penalty

Share Investing Limited has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP had reasonable grounds to believe that Share Investing had contravened subsection 798H(1) of the Corporations Act 2001 (Cth) by failing to comply with Rule 5.7.1(b)(iii) of the ASIC Market…

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SGX announces trading volumes
February 20, 2017 BY Valentina Kirilova

SGX consults on dual class share structure

Singapore Exchange (SGX) is consulting the public on whether a dual class share (DCS) structure where certain shares have higher voting rights than others, should be introduced and if so, what safeguards might be appropriate. DCS structures may be utilised by entrepreneurs and companies to increase flexibility in capital management, and to provide greater investor…

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February 20, 2017 BY LeapRate Staff

Biggest Trends in the Chinese FX Market in 2017

This article was written by Natallia Hunik, Global Head of Sales at Advanced Markets. Do you think 2017 will be another big year for prime of prime? If so, you’re in very good company. Our view is that, as the Chinese market matures, the 2017 trends in China could boil down to the following: Quality over…

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BCSC warning
February 20, 2017 BY Valentina Kirilova

Canadian regulator BCSC warns against Cap Growth FX website

Canadian regulator BCSC warned that recently has become aware of the website of Cap Growth FX, an entity that provides services in opening and managing trading accounts. Cap Growth FX is not registered to trade in, or advise on, securities or exchange contracts in British Columbia (BC). BCSC urges BC residents to exercise caution when…

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February 20, 2017 BY LeapRate Staff

Groupon Japan CEO Satoru Nemoto hired as Country Manager of payments company Payoneer

LeapRate has learned that digital cross-border payments provider Payoneer has hired the CEO of the Groupon Japan unit of Groupon Inc (NASDAQ:GRPN), Satoru Nemoto, to be its new Japan Country Manager. Payoneer recently raised a $180 million VC round led by late stage venture capital investor Technology Crossover Ventures (TCV), aimed at expanding the company's cross-border…

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February 20, 2017 BY Valentina Kirilova

ASIC permanently bans former Easy Capital director

Mr Yingjie Wang (also known as Jay Wang), a lawyer and accountant from Sydney, NSW, has been permanently banned from providing financial services. Since June 2011, Mr Wang has been involved in the management of at least 14 companies who hold, or held, an Australian Financial Services (AFS) licence. These companies include: LSG Group Pty…

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forex industry news update
February 19, 2017 BY LeapRate Staff

Forex Industry Week Review: PositivaFX Retail FX launch, CySEC new binary options rules, FXCM US ban drama, and lots more…

We continued to bring LeapRate readers exclusive coverage and analysis of the continuing drama surrounding FXCM Inc (NASDAQ:FXCM) in this week's Forex Industry News, as the company continues to deal with the aftershocks of its ban from the US forex market. Data on FXCM's US operations, another regulatory fine, changes at the FXCM UK board, competitors…

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