The Financial Conduct Authority (FCA) has today launched a market study to consider whether competition in the mortgage sector can be improved to benefit consumers. The FCA wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand whether these represent good…
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Singapore Exchange (SGX) today welcomed Golden Energy and Resources Limited (GEAR) to Mainboard under the stock code AUE. Backed by the Sinar Mas Group, one of Indonesia’s largest conglomerates, GEAR collectively owns the rights to mine more than 2 billion tonnes of thermal coal resources, with coal reserves of more than 750 million tonnes, as…
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ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. The granting of relief which has a net regulatory benefit, or which facilitates business or cuts red tape without harming stakeholders, is an important part of…
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LeapRate Exclusive... LeapRate has learned from various FX industry insiders that Chinese online search giant Baidu Inc (ADR) (NASDAQ:BIDU) is reversing its ban on ads for online Retail Forex brokers which was instituted earlier this year. However, Baidu will allow ads only by specific brokers which it approves on a one-by-one basis. LeapRate reported exclusively about…
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Moscow Exchange has just announced its monthly market report for November 2016. The trading volume of stocks totalled RUB 895 billion in November. The average daily trading volume was RUB 42.6 billion, up 42% MoM. The T+2 sector made up 97% of the total secondary market trading volume and the T0 sector accounted for 3%.…
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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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Tradency, a pioneering financial technology provider, focusing on B2B product development and advanced services for retail investors and retail traders and Gerchik & Co announced the launch of RoboX. The new service is a smart trading machine based on powerful packages of strategies. The packages selection process is accompanied by proprietary risk matching engines. Gerchik…
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AxiTrader CEO Rajesh Yohannan is dipping further into his pool of former colleagues to continue building the management team at Axi. After recently hiring Oanda Australia office head Louis Cooper as Global Head of Retail Services, Mr. Yohannan and his leading Australia-based retail forex broker AxiTrader has hired Forex industry veteran Gavin Ward as Global Head…
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The Securities and Exchange Commission (SEC) announced an award of more than $900,000 to a whistleblower whose tip enabled the SEC to bring multiple enforcement actions against wrongdoers. Jane Norberg, Chief of the SEC’s Office of the Whistleblower, commented: With the issuance of this second award in less than one week, we hope to continue…
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Bats Global Markets, Inc.(Bats: BATS) has welcomed another fund from Exchange Traded Concepts (ETC) to the Bats ETF Marketplace. The new issue, The WEAR ETF (Bats: WEAR), seeks to provide investment results that track the price return performance of the EQM Wearables™ Index. Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products at Bats, said:…
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