January 26, 2017 BY Valentina Kirilova

Eurex elects Carola Gräfin von Schmettow as chairman

At its meeting on Wednesday, 25 January 2017, the Exchange Council of Eurex Deutschland elected a new chairman as well as the vice chairman for a period of three years. Carola Gräfin von Schmettow, chariman of the Management Board, HSBC Trinkaus & Burkhardt AG, was appointed as chair, Professor Dr. Lutz Johanning, WHU – Otto…

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January 26, 2017 BY Valentina Kirilova

Exchange Council of Frankfurt Stock Exchange elects new Chairman

The Exchange Council of the Frankfurt Stock Exchange was reconstituted today. The members of the Exchange Council unanimously elected Lars Hille, member of the Executive Board of DZ Bank, as the new Chairman. Matthias Zieschang, Executive Board member at Fraport AG, will remain as Deputy Chairman. Lars Hille replaces Lutz Raettig, who has been a…

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January 26, 2017 BY Valentina Kirilova

FCA warns on clone firm of GVQ Investment Funds

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm GVQ Investment Funds. 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…

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UN report says North Korea laundered $2 billion theft via Hong Kong firm
January 26, 2017 BY Valentina Kirilova

SEC uncovers cherry-picking scheme, charges investment adviser behind it

The Securities and Exchange Commission (SEC) announced that a Massachusetts-based investment adviser agreed to be banned from the securities industry after the agency uncovered an illegal cherry-picking scheme through its data analysis used to detect suspicious trading patterns. The SEC filed fraud charges in federal district court against Michael J. Breton and his firm Strategic…

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January 26, 2017 BY admin

ZuluTrade launches new website with enhanced social media functions

ZuluTrade, a social trading platform company today announced to users its new website. ZuluTrade was a pioneer social copy-trading by combining trading signals with algorithmic performance ranking, to create real-time actionable trades. ZuluTrade since last year has released Social Charts and Automated Trades, working closely with customers to add Social Tab, a feature that allows…

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January 25, 2017 BY LeapRate Staff

France's AMF introduces new market surveillance system ICY

French financial regulator The Autorité des Marchés Financiers (AMF) has announced that is launching an effort to modernize its monitoring system, enhancing its ability to detect, analyse and investigate suspicious activity. In the wake of the 2008 financial crisis, European lawmakers enacted financial market regulatory reforms. Following the adoption of EMIR for over-the-counter derivative trading,…

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XTB forex broker
January 25, 2017 BY LeapRate Staff

Forex broker XTB sees record Revenues and Profits in Q4 recovery

Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com, reported after the close of trading Wednesday that the company brought in record Revenues and earned record profits during fourth quarter of 2016. For the full year 2016, however, Revenues and Profits were down significantly from last year. Some Q4…

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January 25, 2017 BY Valentina Kirilova

Boeing beats on earnings, S&P 500 futures hit record high

U.S. stocks looked set for a higher open on Wednesday, with the Dow set to take a shot at 20,000, following a raft of strong quarterly earnings and optimism around President Donald Trump's pro-growth policies, Reuters reported. The Trump rally had driven Wall Street to a series of record highs since November. The S&P 500…

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