Monex Group reports 18% MoM rise in November operating revenue LeapRate

Monex teams up with Shizuoka Bank to launch financial instruments intermediary services

December 21, 2016 BY Valentina Kirilova

Monex Group reports 18% MoM rise in November operating revenue

Monex Group Inc. (TYO:8698) today reported its monthly consolidated financial results for November 2016. The company announced operating revenue of ¥4,020 million which is exactly 18.20% higher than the month of October. November 2016's operating revenue is just a tiny bit lower compared to same period last year - operating revenue in November 2015 was ¥4,330 million.…

December 21, 2016 BY Valentina Kirilova

Hong Kong SFC adds Aegis Corporation Ltd 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…

December 21, 2016 BY Valentina Kirilova

MetaQuotes reports more than 100 brokers have launched MT5 with hedging

Recently, a number of major brokers, including ActivTrades, Just2Trade, NAS Broker and Halifax Investment Services, announced the launch of MetaTrader 5 with hedging, according to forex trading platform developer MetaQuotes. This trend was supported by other prominent market players: GLOBAL FX, Global Equity Brokers (GEB) and Forexer Limited. The number of such companies is growing…

Playtech continues with share buyback programme

December 21, 2016 BY LeapRate Staff

Playtech completes €50 million share buyback program

Online gaming and financial trading giant Playtech PLC (LON:PTEC) announced today that it has completed buying back €50 million (USD $52 million) of its own shares in the open market. Playtech initiated the share buyback plan after its shares dropped around 10% late in November, following news that controlling shareholder Teddy Sagi was selling £329 million…

December 21, 2016 BY LeapRate Staff

5 Reasons to switch your Liquidity Provider

This article is written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets. Traditionally, December is the month when the majority of FX professionals take some well-deserved time off. Fund Managers are avoiding any major market participation that could negatively impact annual return statistics; bank employees are trying to use up their remaining vacation…

December 21, 2016 BY Valentina Kirilova

ASIC reports on ASX equity market outage in September 2016

ASIC has released a report on the findings of its review of the ASX outage that affected the operation of the Australian equity market on 19 September 2016. It provides a whole-of-market perspective, with observations on how ASX and other important stakeholders responded on the day. A general lack of confidence on the day resulted…

December 21, 2016 BY Valentina Kirilova

Oil-and-gas company SandRidge settles charges in whistleblower retaliation case

The Securities and Exchange Commission (SEC) announced that an oil-and-gas company has agreed to settle charges that it used illegal separation agreements and retaliated against a whistleblower who expressed concerns internally about how its reserves were being calculated. The SEC’s order found that Oklahoma City-based SandRidge Energy Inc. conducted multiple reviews of its separation agreements…

December 21, 2016 BY Valentina Kirilova

Eze Software Group opens Toronto office

Eze Software Group, a provider of global investment management technology, has opened a new office in Toronto. The Toronto location marks a new chapter in Eze Software’s growth in North America. As long-time technology partners to Canada’s investment management community, we’ve seen the market become more sophisticated and complex over the last few years,” said…

December 21, 2016 BY Valentina Kirilova

qbeats welcomes Morningstar Inc. into the fold

qbeats has just announced the addition of articles from Morningstar Inc., a provider of independent investment research in North America, Europe, Australia, and Asia to its publishing platform. For the first time, qbeats customers (investors, financial advisors, asset managers, and retirement plan providers and sponsors) will be able to access Morningstar content on a pay-per-view…

December 21, 2016 BY Valentina Kirilova

Spot FX problems lead to sanctions on Australian banks NAB and CBA

ASIC has today accepted enforceable undertakings (EUs) from each of the National Australia Bank Limited (NAB) and the Commonwealth Bank of Australia (CBA) in relation to the banks’ wholesale spot foreign exchange (FX) businesses. As a result of ASIC’s investigation, ASIC is concerned that between 1 January 2008 and 30 June 2013, both banks failed…