fma warns against unregulated company
January 30, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against new brokers

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against new forex brokers. CONSOB reported that: the companies Dc Digital Processing 2 Ltd and Green Galaxy International SA, operating through the website www.optionbit-it.com, are not authorised to provide investment services and business in Italy in any…

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January 30, 2017 BY Valentina Kirilova

Tokyo Stock Exchange selects Juniper Networks for extensive trading platform upgrade

Juniper Networks (NYSE: JNPR), an automated, scalable and secure networks company, just announced that Tokyo Stock Exchange, Inc. (TSE) has chosen the Juniper Networks MX480 3D Universal Edge Router for an extensive upgrade of 'arrownet v2', the network platform responsible for its proprietary trading system 'arrowhead'. As technology evolves alongside rapidly changing customer needs, TSE…

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January 30, 2017 BY Valentina Kirilova

Japan Exchange Group releases decreasing financial results for the nine months ended December 31, 2016

Japan Exchange Group, Inc. announced Consolidated Subsidiaries and Consolidated Financial results for the nine months ended December 31, 2016. During the consolidated cumulative third quarter (from April 1, 2016 to December 31, 2016), the Group recorded operating revenue of ¥80,663 million (5.4% decrease from the same period of the previous fiscal year (i.e. year-on-year)) due…

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January 30, 2017 BY Valentina Kirilova

CFTC charges Assurance Capital Management LLC and owners with fraud and misappropriation

Defendants allegedly defrauded more than $556,000 from at least 11 investors in multiple investment schemes The U.S. Commodity Futures Trading Commission (CFTC) announced the filing of a federal enforcement action in the U.S. District Court for the Middle District of Florida against Anthony J. Klatch II, Lindsey Heim, and their company Assurance Capital Management, LLC…

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January 30, 2017 BY Valentina Kirilova

FCA warns on clone firm of JJ Matthias Asset Management

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm JJ Matthias Asset Management. 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…

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asic charges
January 30, 2017 BY Valentina Kirilova

Waratah Resources' former executive chairman convicted and sentenced for misleading the market

Waratah Resources Limited's former executive chairman Benjamin David Kirkpatrick was convicted in the Sydney District Court after pleading guilty to a charge brought by ASIC of aiding and abetting Waratah Resources to breach its continuous disclosure obligations. Mr Kirkpatrick has been sentenced to 12 months imprisonment, to be served as a 12-month Intensive Correction Order.…

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forex industry news update
January 29, 2017 BY LeapRate Staff

Forex Industry Week Review: Saxo Bank layoffs, IG bans Binary Options traffic, IS Prime buys ThinkLiquidity , and lots more…

A little bit of everything in this past week's Forex Industry News at LeapRate: M&A activity, restructuring and layoffs, good and not-so-good financial reports from retail forex brokers... And the key stories you read about exclusively or first at LeapRate: Saxo Bank laying off 3% of its workforce, IG Group ending relationships with Binary Options…

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January 27, 2017 BY Valentina Kirilova

American Airlines Group profit descends

American Airlines Group Inc (NASDAQ:AAL), the No. 1 U.S. airline by passenger traffic, has reported quite a drop in profit. A year earlier the airline company recorded a $3 billion tax benefit. American Airlines Group Inc announced that its net income fell to $289 million, or 56 cents per share, in the fourth quarter ended December 31,…

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