HKEX Listing Committee censures Datang International Power Generation Co. Ltd LeapRate

February 28, 2017 BY Valentina Kirilova

HKEX Listing Committee censures Datang International Power Generation Co. Ltd

The Listing Committee of The Stock Exchange of Hong Kong Limited (HKEX) just announced that has censured Datang International Power Generation Co., Ltd. (Stock Code: 991) for breaching Rules 14A.35, 14A.36, 14A.46 and 14A.49 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (and the corresponding provisions in…

February 28, 2017 BY Valentina Kirilova

MMT sanctions Yorkey Optical, its CEO and Financial Controller for late disclosure of inside information

The Market Misconduct Tribunal (MMT) has found that Yorkey Optical International (Cayman) Limited, its CEO Mr Nagai Michio and Financial Controller Mr Ng Chi Ching failed to disclose inside information as soon as reasonably practicable under the corporate disclosure regime following proceedings brought by the Securities and Futures Commission (SFC). The MMT found that there…

ESMA Chairman targets asset managers for adequacy of liquidity concerns

February 28, 2017 BY LeapRate Staff

Protrader platform adds Forex, CFD and spread betting liquidity from GVC's InterTrader

Multi-asset brokerage and trading solutions provider PFSOFT has announced that it has recently integrated its Protrader platform with liquidity from InterTrader Ltd. InterTrader is a unit of sports betting and gaming company GVC Holdings PLC (LON:GVC), which includes the Sportingbet, bwin and PartyGaming brands. InterTrader provides multi-asset-class liquidity across forex, indices, commodities, equities, bonds and interest rates, with access…

February 28, 2017 BY LeapRate Staff

Pepperstone suspends Forex trading in the UK - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that Australia-based retail forex broker Pepperstone has suspended trading for clients in its UK subsidiary Pepperstone Limited. LeapRate had exclusively reported last September on Pepperstone's somewhat quiet entry into the FCA regulated broker market. Pepperstone acquired what is now its UK subsidiary from online entrepreneur Mohammed Tayeb, who alongside his broker Omar…

February 28, 2017 BY Valentina Kirilova

PSR wants services providers to do more in preventing payments fraud

The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, has today published draft Terms of Reference outlining how it intends to review whether the operators of CHAPS and Faster Payments Scheme (FPS), need to play an expanded role in helping to minimise consumer harm caused by particular types…

February 28, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against three new companies

Financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) just published a warning against GMoption, LinkGM Limited and BT Systems Ltd. These companies are not authorised to provide investment services or carry out activities in Italy in any way and, including through the website www.gmoption.com. The Commissione Nazionale per le Società e…

February 28, 2017 BY Valentina Kirilova

NEX Exchange appoints Mireille Dyrberg to its Board

NEX Exchange, a NEX Group (LON:NXG) business which operates a regulated, UK stock exchange for small and medium companies, announces today that it has appointed Mireille Dyrberg to its Board as a Non-Executive Director. Mireille is Chief Operating Officer of TriOptima, a NEX Group business which lowers costs and mitigates risk in OTC derivatives markets.…

February 28, 2017 BY Valentina Kirilova

Canadian securities regulators increase collaboration to deter market misconduct

The Canadian Securities Administrators (CSA) released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in the capital markets. In 2016, CSA members continued with efforts to deter and sanction financial wrongdoing, with two jurisdictions implementing whistleblower programs, and a third partnering with law enforcement,” said…

February 28, 2017 BY Valentina Kirilova

ICAP dismissed from US Libor class action case

NEX Group plc (LON:NXG) announced that on 21 February 2017 the United States District Court in the Southern District of New York dismissed two entities which formed part of the ICAP Group (ICAP plc and ICAP Europe Limited) from a class action case brought by various investors who alleged manipulation of the Euro Interbank Offered…

February 28, 2017 BY Valentina Kirilova

CBOE Holdings Inc. to join S&P 500

CBOE Holdings, Inc. (NASDAQ: CBOE) announced that it will join the S&P 500®, effective at the open of trading on Wednesday, March 1. Edward Tilly, CEO of CBOE Holdings, commented: We are honored to join ranks with other great blue chip companies listed in the S&P 500. This recognition highlights our company's continued strong growth…