BlackRock Solutions integrates ICE Data Services’ Continuous Evaluated Pricing Tool LeapRate

December 06, 2016 BY admin

BlackRock Solutions integrates ICE Data Services’ Continuous Evaluated Pricing Tool

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Services’ Continuous Evaluated Pricing (CEP) has been integrated into BlackRock Solutions’ Aladdin risk and enterprise investment system. BlackRock, Inc. (NYSE: BLK) Aladdin is the premier portfolio management system for investment managers that…

December 06, 2016 BY admin

FINRA fines Credit Suisse $16.5 million for AML deficiencies

The U.S. based regulator Financial Industry Regulatory Authority (FINRA) announced today that it has fined Credit Suisse Securities (USA) LLC $16.5 million for anti-money laundering (AML), supervision and other violations. The regulator just last week, sanctioned Merrill Lynch $7 million for inadequate supervision of leverage in customer brokerage accounts. In this case, FINRA found that Credit…

December 06, 2016 BY admin

SGX appoints Michael Luk as the new Head of Fixed Income Origination and Sales

Singapore Exchange (SGX) announced today the appointment of Michael Luk as the new Head of Fixed Income Origination and Sales, effective January 1st, 2017. Reporting to Mr. Chew Sutat, SGX Head of Equities & Fixed Income, Mr. Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market…

December 05, 2016 BY admin

Marex Spectron hires new US Head of of NGL

Marex Spectron, the global commodities broker, today announced the appointment of Jarrad Lewis as US Head of Natural Gas Liquids (NGL). Lewis is based in the Houston office and reports to Hunter Baldwin, Marex Spectron Managing Director and Head of North America. Lewis was previously at ION, where he was the Co-Head of the NGL…

December 05, 2016 BY LeapRate Staff

Expedia IT employee who hacked senior executives faces insider trading criminal charges

The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a San Francisco-based IT specialist who allegedly hacked senior executives at online travel company Expedia Inc (NASDAQ:EXPE) and illegally traded on company secrets. The SEC alleges that Jonathan Ly, who worked in Expedia’s corporate IT services department, illegally traded in advance of nine…

ASIC applauds the enactment of stronger whistleblowing laws

December 05, 2016 BY LeapRate Staff

SEC pays out another multi-million dollar whistleblower award at $3.5M

The U.S. Securities and Exchange Commission (SEC) today announced that a whistleblower has been awarded approximately $3.5 million for coming forward with information that led to an SEC enforcement action. Jane Norberg, Chief of the SEC’s Office of the Whistleblower, said: Whistleblowers do a tremendous service to the investing public and we will continue to…

December 05, 2016 BY Valentina Kirilova

FCA warns on clone firm of Totally Money

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Totally Money. 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 to…

December 05, 2016 BY LeapRate Staff

Italy’s 'no vote’: a rising challenge for the ECB?

This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Italian populists said the last word on Sunday. Italy’s constitutional referendum, which was also a confidence vote for Prime Minister Matteo Renzi, has been rejected with 59%. Renzi resigned amid a heavy defeat. The euro…

December 05, 2016 BY Valentina Kirilova

First Financial Bank partners with Fiserv to deliver advanced capabilities and drive commercial business growth

Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, announced that First Financial Bank in Bessemer, Alabama, has selected Fiserv as its new technology partner. Kyle Goodwin, executive vice president and CFO, First Financial Bank, commented: In working with the Fiserv team and speaking with other clients, we are confident that we have…

December 05, 2016 BY LeapRate Staff

Is CySEC once again punishing the wrong people?

Continuing our series of different viewpoints of industry experts on the CySEC bonus ban, we present today's guest post courtesy of Yael Warman from Leverate. During the past year, CySec hasn’t been shy about becoming a stricter regulator and changing its image of a once-lax regulatory body for one of a reputable, don’t-mess-with-us regulator. We have…