Stock Exchange of Thailand enhances listed companies’ potential with advanced technology update LeapRate

November 28, 2016 BY Valentina Kirilova

Stock Exchange of Thailand enhances listed companies’ potential with advanced technology update

The Stock Exchange of Thailand (SET) has initiated “IT Future for Listed Company” special session to update listed companies on information technology (IT) innovations to strengthen their businesses, and to help them keep pace with technological advances with more than 200 participants from listed companies. SET Head of Information Technology Division Thirapun Sanpakit commented: As…

November 28, 2016 BY Valentina Kirilova

Sycomore Asset Management picks out Axioma for its risk management solution

The innovative risk-management and portfolio-construction solutions to financial institutions provider Axioma has entered into an agreement with Sycomore Asset Management, a French asset manager with €4.6 billion under management. Sycomore will deploy Axioma Risk, the company’s enterprise-wide risk management solution. Deploying Axioma Risk will enable Sycomore AM to analyze and understand risks more effectively so…

November 28, 2016 BY Valentina Kirilova

ASIC bans former Westpac financial planner for eight years

ASIC has banned Mr Anthony Bishop of Chelmer, Queensland, from providing financial services for eight years. ASIC found that during the period between July 2010 to April 2014, when he was an employee representative of Westpac Financial Consultants Ltd (which is a part of the Westpac Banking Corporation), Mr Bishop was involved in the provision…

November 28, 2016 BY Valentina Kirilova

Aves One AG lists on Frankfurt Stock Exchange

Deutsche Börse has welcomed logistics investor to Prime Standard / Placement volume of €17.8 million Aves One AG (ISIN: DE000A168114) was listed in the Prime Standard of the Frankfurt Stock Exchange today, the Deutsche Boerse website announced. The placement volume via a capital increase amounted to around €17.8 million, and the issue price was €6.00.…

November 28, 2016 BY Valentina Kirilova

Abu Dhabi Global Market and FinanceMalta sign MoU on bilateral cooperation

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and FinanceMalta (FM), the organisation responsible for the development of Malta’s financial centre, have signed a Memorandum of Understanding (MoU) to enable further collaboration on joint initiatives and efforts to bolster the growth of the financial markets in both Abu Dhabi and Malta.…

November 28, 2016 BY Valentina Kirilova

FMA releases 2016 Audit Quality Monitoring Report

New Zealand's Financial Markets Authority (FMA) has just announced that it has released its 2016 Audit Quality Report reflects that improvements continue to be made in audit quality. The report shows the sector is increasingly aligned with the expectations of the FMA and international auditing standards and global best practice. However, it also notes that…

November 28, 2016 BY LeapRate Staff

JPMorgan aggressively buying Plus500 shares, stake above 9%

LeapRate Exclusive... LeapRate has learned via regulatory filings that global investment bank JPMorgan Chase & Co. (NYSE:JPM) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 9.0%. JPMorgan's most recent filings had indicated a 5.1% interest in Plus500. JPMorgan now holds, via its J.P Morgan Securities plc subsidiary, a total of 10,343,694 Plus500 shares…

November 28, 2016 BY Valentina Kirilova

ACCC warns on Centrelink pretenders scams

The Australian Competition and Consumer Commission (ACCC) has warned the community to be aware of phone calls from scammers pretending to be from the Department of Human Services or Centrelink. The ACCC’s Scamwatch has received over 2,200 reports of this scam since January, with more than $27,000 reported lost. Four individuals have reported losses of $1,000…

TechFinancials converts loan into Footies

November 28, 2016 BY LeapRate Staff

TechFinancials receives $1 million payout from binary options JV DragonFinancials

Binary options platform provider and operator TechFinancials Inc (LON:TECH) has announced that it has received a $1 million dividend payout from its DragonFinancials joint venture subsidiary. We had reported in September, when TechFinancials announced its (surprisingly good) first half financial results, that the company had established DragonFinancials Limited, a partnership with the owners of Optionfortune Trade Limited,…

November 28, 2016 BY Valentina Kirilova

ASIC to launch new digital toolkit to help Australians navigate financial advice

A new online toolkit developed by ASIC's MoneySmart will enable Australians to better understand and navigate the financial advice process. ASIC's MoneySmart Financial Advice Toolkit is a free educational tool that breaks down the complexity around the financial advice process. It will assist consumers with their research and help them evaluate the financial advice they…