The Securities and Exchange Commission (SEC) announced that it obtained an emergency court order freezing brokerage accounts holding more than $29 million in illegal profits from insider trading in advance of the April 2016 acquisition of DreamWorks Animation SKG, Inc. by Comcast Corp. The SEC alleges that in the weeks leading up to the news…
Read moreTurkey’s treasury is set to pave the way for foreign investors to issue foreign exchange-based securities as part of the Istanbul Finance Center project, in a move to attract more foreign investors into the country’s capital markets, Hurriyet Daily News has announced. Deputy Prime Minister Mehmet Şimşek commented: Foreign investors and issuers can make transactions…
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Australia based international forex broker Invast Global has announced the appointment of industry veterans Andrew Pal and Cassandra Lister as specialist consultants, further strengthening the firm’s Asian prime brokerage and Liquidity offering. With a distinguished, twenty-year career at UBS under his belt, most notably as the Executive Director & CEO of UBS Futures Singapore, Andrew Pal…
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The license will allow ADS to act as financial advisor in Hong Kong for M&A transactions, fundraising and other corporate activities.
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Forex and CFD technology solutions provider Spotware Systems has announced its most recent update for its cTrader platform, trading with hedging accounts via FIX API. The scope of cTrader’s FIX API now includes application messages for Request for Positions and Position Report to allow traders to manage open positions through FIX API. In August 2016…
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Retail forex broker FXCM Inc (NASDAQ:FXCM) filed early Monday some more details regarding the US clients it is offloading to rival Gain Capital Holdings Inc (NYSE:GCAP). The sale is occurring after FXCM and its CEO Drew Niv were issued a ban from the US forex market, following settlement of allegations that FXCM defrauded its customers over…
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Forex Industry News at LeapRate was clearly dominated this past week by the drama surrounding FXCM Inc (NASDAQ:FXCM) after it and its CEO were banned from the company's home US FX market. More of our coverage from the past week follows below. But there was much more. We reported exclusively on the secret talks being…
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This article was written by New Zealand based Forex broker Titan FX. To unplug from daily trading work, create weekend habits that promote better mental health and relaxation. Being a well rounded and happy forex trader is important to achieve long term success. To cope with the challenges of the forex market, initiating an enjoyable…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has just announced its operating metrics for the month of January 2017 and the results look a lot better than the last month of 2016. Retail Segment Metrics OTC average daily volume of $9.5 billion, an increase of 11.0% from December 2016 and a decrease of 40.1% from…
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A new report, Blockchain in Financial Markets: Gaining an Edge, released today by Bain & Company in partnership with financial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR), reveals that Distributed Ledger Technology (DLT) is gaining significant momentum in financial markets. More than 80% of financial markets executives interviewed expect the impact of blockchain to be…
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