fma warns against unregulated company
December 12, 2016 BY Valentina Kirilova

Italy regulator CONSOB warns on three new brokers

Italy’s financial markets regulator National Commission for Companies and the Stock Exchange (CONSOB) has issued a public warning against three new forex brokers. The names can be seen below: Recyclix Sp. Z.o.o. Pel Ltd e Kakao Ltd Lm Swiss Group Ltd The Italian regulator noted that has adopted a measure prohibiting the offering to the…

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December 12, 2016 BY LeapRate Staff

How to improve customer retention

The success and failure of a forex brokerage often come down to those things that a company is able to do well. Retention has to be one of those things done well. Yael Warman from Leverate explains... Whilst sales conversions are often the focus due to the cost of leads and the profit potential in…

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sfc warning
December 12, 2016 BY Valentina Kirilova

Hong Kong SFC adds AWDH Trading Limited 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…

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December 12, 2016 BY Valentina Kirilova

FCA launches market study on competition in the mortgage sector

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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December 12, 2016 BY Valentina Kirilova

SGX welcomes Golden Energy and Resources to Mainboard

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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December 12, 2016 BY Valentina Kirilova

ASIC reports on decisions to cut red tape

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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December 12, 2016 BY LeapRate Staff

Baidu reverses ban on Forex advertising in China for selected brokers only - LeapRate Exclusive

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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sfc warning
December 12, 2016 BY Valentina Kirilova

Hong Kong SFC adds ABS Group Limited 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…

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December 12, 2016 BY Valentina Kirilova

CIS-focused Belize based forex broker Gerchik & Co launches Tradency's RoboX

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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