November 28, 2016 BY Valentina Kirilova

FXPRIMUS introduces €2.5 million Lloyds client funds protection

FXPRIMUS has announced the commencement of its latest initiative which enhances the safety of all clients’ funds with additional insurance protection of up to €2.5 million. FXPRIMUS has introduced the gold standard in the clients’ funds protection which sees clients’ accounts covered not only with the existing coverage mandated by CySEC but with an additional cover for all clients of all account types of up to EUR2.5M worth of additional coverage. LeapRate has seen…

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November 28, 2016 BY Valentina Kirilova

Kay Swinburne: CCPs legislation must not pass on risk to European investors

Today the European Commission has released legislation concerning recovery and resolution of Central Counterparties (CCPs). Following the post-crisis G20 commitment in 2010 by Heads of Government to centrally clear derivative products, this legislation looks to address the systemic risk created by concentrating risk into clearing houses. The legislation is the result of over 3 years…

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November 28, 2016 BY LeapRate Staff

Why do traders use the Fibonacci retracement?

This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Fibonacci sequence is a series of numbers that seem to consistently occur in nature. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, ... The next number is found by adding up the…

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November 28, 2016 BY Valentina Kirilova

Spanish regulator CNMV warns against unregulated broker Banco CFD

Spain’s securities regulator CNMV keeps updating its investor warning list, with one more entity getting a warning today – broker Banco CFD. The broker, operating at https://bancocfd.com, is not authorised to provide the investment services detailed in Article 140 of the Securities Markets Law, which includes investment advice, or provide the auxiliary services detailed in…

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Stock Exchange of Thailand SET
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…

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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…

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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…

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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.…

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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.…

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