The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cash Float. 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 to…
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LeapRate Exclusive Interview... We are pleased to speak today with Graeme Watkins, CEO of FCA regulated retail forex and CFDs broker Valutrades. An LCG veteran, Mr. Watkins joined Valutrades just over a year ago and has helped steer a recapitalization at Valutrades and launch of a new website. With big plans for the future. Valutrades…
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This article is written by freelance writer Jason Haze. Our world has never been more connected, or more globalized, all thanks to a little invention called, the internet. Having unlimited and easy access to the web has truly changed the way we receive information, the way that we connect with each other, and how we can…
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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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ASIC just announced that Peter Alan Gregg, the previous Chief Financial Officer of Leighton Holdings Limited (now CIMIC Group Limited), has been charged with two counts of falsifying company documents in 2011. Mr Gregg is due to appear in the Downing Centre Local Court in Sydney on 31 January 2017. This matter is being prosecuted…
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Monex Group Inc. (TYO:8698) today reported its monthly business metrics of its subsidiaries in December 2016. The number of Daily Average Revenue Trades (DARTs) was 269,289 in December - slightly down with -12.5% from the previous month. The number of total accounts by the end of the month was 1,679,863 - a tiny rise from November's…
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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…
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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…
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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…
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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…
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