January 10, 2017 BY LeapRate Staff

Ron Hoffman removed as CFO of Playtech to focus full-time on Markets.com

Online gaming giant Playtech PLC (LON:PTEC) has announced that its longtime CFO Ron Hoffman will resign his position as CFO, in order to focus full-time on building the company's Financials division. Mr. Hoffman will also resign from Playtech's board of directors. His replacement as CFO of Playtech will be Andrew Smith, currently Head of Investor Relations, who…

Read more
January 10, 2017 BY Valentina Kirilova

SEC charges two brokers with defrauding customers

The Securities and Exchange Commission (SEC) charged two New York-based brokers with fraudulently using an in-and-out trading strategy that was unsuitable for customers in order to generate hefty commissions for themselves. The SEC’s complaint alleges that Gregory T. Dean and Donald J. Fowler did no reasonable diligence to determine whether their investment strategy involving frequent…

Read more
January 10, 2017 BY Valentina Kirilova

CBOE Holdings announces pricing of Senior Notes offering

CBOE Holdings, Inc. (NASDAQ: CBOE) announced that it priced an underwritten public offering of $650 million of its 3.650% Senior Notes due 2027. The offering is expected to close on January 12, 2017, subject to customary closing conditions. CBOE Holdings estimates that the net proceeds from the offering will be approximately $643 million, after deducting…

Read more
January 09, 2017 BY admin

EURO STOXX 50 dividend futures now available to U.S. participants

Eurex officially announced today that the EURO STOXX 50 Index Dividend Futures are available for trading by U.S. market participants and investors. Launched in 2008, the EURO STOXX 50 Index Dividend Futures have become a benchmark for the dividend derivatives market in Europe. In 2016, two new milestones were reached: Open interest exceeded 1 million…

Read more
January 09, 2017 BY admin

RoboForex group website gets major update

FX brokerage company RoboForex announced today that the official website of RoboForex group has been extensively updated (screenshot pictured above). The company's goal was to make its internet resource more modern, convenient, and informative by means of: fresh widescreen design, updated fonts and corporate colors, and well as simplified navigation. The company will also be working on…

Read more
cftc penalty
January 09, 2017 BY admin

New York FX investment fraudsters ordered to pay $11.6M in sanctions

The U.S. Commodity Futures Trading Commission (CFTC) obtained judgments against each of the Defendants and Relief Defendants in a fraudulent, Forex scheme involving misappropriation of customer funds and false statements to customers to conceal the fraud. The Orders impose permanent registration and trading bans against the Defendants and order the Defendants to pay over $11.6…

Read more
January 09, 2017 BY Valentina Kirilova

FCA warns on clone firm of Little Loans Limited

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Little Loans Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…

Read more
sfc warning
January 09, 2017 BY Valentina Kirilova

Hong Kong SFC adds iCoption 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…

Read more