The Court of First Instance has granted an interim order against Ms Yik Fong Fong in legal proceedings commenced by the Securities and Futures Commission (SFC), prohibiting her from removing assets up to the value of $25,899,750 from Hong Kong in relation to an ongoing investigation into suspected insider dealing in the shares of TeleEye…
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The Ontario Securities Commission (OSC) just launched InvestmentReporting.ca, a new website that helps investors navigate new annual reports introduced as part of the Canadian Securities Administrators’ Client Relationship Model – Phase 2 (CRM2) initiative. The reports provide greater transparency about the performance of an investor’s account over specific periods of time and the fees paid…
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Monex Group Inc. (TYO:8698) today reported the following monthly business metrics of its subsidiaries in January 2017. The number of total accounts was slightly up with not more than 1% MoM to 1,684,158. The number of Daily Average Revenue Trades (DARTs - the number of trades and transactions per day which generate revenue) was 273,641…
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Bitcoin prices powered back above USD $1,000 on Friday, driven mainly by speculation and market uncertainty in the first few weeks of the Trump Presidency. As of the time of writing at 08:30 GMT, Bitcoin was changing hands at about $1,017. Will Bitcoin $1,000 hold this time? Bitcoin price 2013-2017. Source: Bitstamp. The $1,000 level…
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CBOE Holdings, Inc. (NASDAQ: CBOE) announced new all-time highs in its 2016 volume report. The company's January monthly trading volumes do not look that good though. Lower numbers can be seen in Total ADV YoY and also in Total Contracts - 97,810.7 for Total Contracts, which is exactly minus 5% YoY. Total ADV drops down with 10% YoY…
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The Securities and Exchange Commission (SEC) charged a Connecticut-based investment advisory business and its owner with stealing money from investors to settle a private lawsuit among other misuses. The SEC alleges that Sentinel Growth Fund Management and its founder Mark J. Varacchi misrepresented to investors that money they deposited with the firm would be allocated…
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Along with the trading volumes, Moscow Exchange released its equity and bond indices numbers for the beginning of the year 2017. In January, MOEX’s Indices reflected the negative trend by the MICEX Index on the Russian stock market. The MICEX Index was down 0.69% to 2,217.39 (from 2,232.72 on 30 December), while the dollar-denominated RTS…
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The Autorité des Marchés Financiers (AMF) is clarifying its expectations in a new guide (DOC-2017-04) written for listed companies. The guide is aimed at issuers whose shares are admitted to trading on Euronext Paris or a multilateral trading facility (MTF) such as Alternext Paris or Marché Libre. The AMF guide replaces the AMF’s position (DOC-2009-17)…
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LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has added Zviel Gedalihou as its new CFO. The appointment was effective as of January 30, 2017. EZTD operates binary options brands EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com). Mr. Gedalihou replaces Itai Loewenstein, whom we reported…
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The European Securities and Markets Authority (ESMA) has issued today an update of its Q&A on practical questions regarding the European Markets Infrastructure Regulation (EMIR). The updated Q&A includes a new answer in relation to transition to the revised technical standards on reporting, which will become applicable on 1 November 2017. The Q&A clarifies that…
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