sec building
November 18, 2016 BY Valentina Kirilova

SEC charges Renewable Energy company, CEO, and others with defrauding investors

The Securities and Exchange Commission (SEC) has filed fraud charges against four individuals and others who allegedly profited by defrauding investors in a cash-strapped California-based renewable energy company. Patrick Carter, the founder and CEO of 808 Renewable Energy Corp. was charged along with the company, chief operating officer Peter Kirkbride, sales representatives Martin Kinchloe and…

Read more
November 17, 2016 BY LeapRate Staff

Bats names Dave Nadig CEO of its ETF.com news and analysis division

ETF exchange leader Bats Global Markets, Inc. (Bats: BATS) has named Dave Nadig as CEO of the company’s ETF.com news and analysis division. Nadig replaces current ETF.com CEO David Lichtblau who will be leaving ETF.com to pursue 'other interests'. Nadig's hire is actually a homecoming, as he rejoins the firm where he played a leadership role from 2008-2015.…

Read more
November 17, 2016 BY Valentina Kirilova

U.S. housing climbs its way up to a nine-year high in October, consumer prices record their biggest increase in 6 months

October appears to have been a great month for U.S. housing, U.S. consumer prices, and also Single-family permits. Not so good for Underlying inflation though. U.S. housing rose to a more than nine-year high last month as builders increased construction of single as well as multifamily homes. Turns out that the housing might contribute to economic growth…

Read more
November 17, 2016 BY Valentina Kirilova

Fiserv announces share repurchase authorization

Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, has announced that its Board of Directors has authorized it to repurchase 15 million shares of the company's common stock, which is in addition to the shares remaining available under the company's existing authorization. Fiserv may repurchase shares in the open market or in…

Read more
saxo bank office
November 17, 2016 BY LeapRate Staff

Saxo Bank reports another strong month with October Forex volumes at $266 billion

Copenhagen-based multi-asset broker Saxo Bank has reported another strong month, with October FX trading volumes coming in at $266 billion, flat month-over-month from September's $266 billion figure. Average daily volumes were actually slightly up over September, at $12.6 billion ADV versus $12.1 billion. September was Saxo Bank's best trading volumes month in nearly two years. Clients’…

Read more
November 17, 2016 BY Valentina Kirilova

Goldman Sachs joins ICE Clear Netherlands as a General Clearing Participant

Global exchanges and clearing houses and provider of data and listings services Intercontinental Exchange (NYSE:ICE) has announced that Goldman Sachs International (NYSE:GS) has joined ICE Clear Netherlands as a General Clearing Participant. Joost Beckers, President and COO, ICE Clear Netherlands, commented: ICE Clear Netherlands is delighted to welcome Goldman Sachs International as General Clearing Participant. We…

Read more
CySEC issues another impersonators scam warning
November 17, 2016 BY LeapRate Staff

CySEC warns against more impersonators trying to scam money from investors

Cyprus financial regulator CySEC has issued another warning against impersonators trying to use CySEC credentials in order to scam money from traders and investors. We had reported on previous such warnings on several occasions. Most recently in October, CySEC reported that it became aware of an unknown company based in the Caribbean which was presenting itself as…

Read more