The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UK Fast Loan. 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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Alibaba Group Holding Limited (NYSE: BABA) just posted a 54% jump in 3Q revenue, beat all the analyst estimates, helped by higher sales during its Single's Day shopping event and increased earnings in its cloud and digital media ventures. The company said it would be raising its 2017 full-year guidance for revenue growth from 48% to…
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China Exchanges Services Company Limited (CESC) announced that it has just launched its CES China Private Elite Index (CES P Elite), an index designed to capture the performance of Mainland China’s 30 largest private enterprises listed in Hong Kong or the US. The CES P Elite is available daily after the close of the Hong…
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The Dubai Financial Services Authority (DFSA) Chairman, Mr Saeb Eigner, delivered an address on the opening morning of the tenth annual Asian Financial Forum (AFF) in Hong Kong, emphasising Dubai’s role as a financial hub for the region. The forum was attended by 2,800 participants from Asia, Europe and the US, including finance ministers, heads…
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Copenhagen based multi asset broker Saxo Bank has reported December FX trading volumes of $253 billion, or $11.5 billion average per trading day. The $253B figure is 26% below November's near-record monthly volumes of $344 billion at Saxo Bank, but still a fairly strong result for the seasonally slow month of December. For the full…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm UK Money Lenders. 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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LeapRate has learned via regulatory filings in the UK that Peter Hetherington, CEO of online trading firm IG Group Holdings plc (LON:IGG), purchased £1.1 million in shares of his own company today. Mr. Hetherington bought 200,000 IG shares at £5.496 per share in open market purchases. The transaction was completed after IG Group reported its…
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This article is written by freelance writer Zak Goldberg. If you’ve grown tired of the traditional currency trading or stocks and shares investments, where you simply buy low and sell high, you may be looking for a new type of trading opportunity. Contract for difference (CFD) trading could be the answer. It’s great way to expand…
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The Investor Advisory Panel (IAP), an independent committee established by the Ontario Securities Commission (OSC), released a report on the risk profiling roundtable that it jointly organized with the OSC Investor Office on September 28, 2016. The roundtable was held to explore the findings of the IAP’s research report on the risk profiling used in…
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The FCA warned that pension scheme operators are at risk from smarter scams. This alert highlights some of the risks arising from authorised firms failing to carry out appropriate due diligence on investment offerings. While aimed primarily at pension scheme operators, it will also be of interest to financial advisers and those providing discretionary fund…
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