SGX-NUS Law roundtable on “Dual-Class Shares Structure and the Singapore context” happening November 14 LeapRate

November 14, 2016 BY Valentina Kirilova

SGX-NUS Law roundtable on “Dual-Class Shares Structure and the Singapore context” happening November 14

Singapore Exchange (SGX) is organising a roundtable with the National University of Singapore (NUS) Faculty of Law to discuss the feasibility of introducing the dual-class shares structure in the local market. The “Roundtable on Dual-Class Shares Structure and the Singapore Context” taking place today, 14 November 2016, is part of SGX’s process of gathering feedback…

November 14, 2016 BY LeapRate Staff

Playtech acquires CFH Group for $120 million

If you can’t join ‘em, serve ‘em. Online gaming technology company Playtech PLC (LON:PTEC), which was unsuccessful last year in its attempts to buy Retail Forex brokers AvaTrade and Plus500 Ltd (LON:PLUS), is once again attempting to increase its footprint in the FX world by agreeing to acquire institutional Forex player CFH Group for $120…

November 14, 2016 BY Valentina Kirilova

HKEX to defer the VCM rollout for the derivatives market

Hong Kong Exchanges and Clearing Limited (HKEX) has decided to defer the rollout of the Volatility Control Mechanism (VCM) for the derivatives market scheduled for tomorrow, 14 November 2016, to a date to be announced after a potential technical issue was identified during its final rollout preparation. The potential technical issue is rare and specific…

November 14, 2016 BY LeapRate Staff

Binary Options industry association EUBOA holds meeting #3: no virtual bonuses, same-day withdrawals, and more

LeapRate Exclusive... LeapRate has learned that the new binary options industry association EUBOA held its third board meeting last week, this time in Israel. The first two EUBOA meetings, exclusively reported by LeapRate, took place in Cyprus. The EUBOA founders - which include some of the leading regulated binary options brokers and platform providers -…

November 13, 2016 BY LeapRate Staff

Forex Industry Week Review: NFA cuts GBP leverage; Australia's new client money rules, Tickmill FCA license, and lots more…

In a week which will surely be remembered among all traders as Trump Week, Forex Industry News at LeapRate was appropriately dominated by government and regulator related actions - a theme which we expect to continue in the coming weeks. And you read about it first (or exclusively) at LeapRate. LeapRate broke the news of…

November 11, 2016 BY Valentina Kirilova

FCA warns on clone firm of Carnegie Asset Management

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

November 11, 2016 BY Valentina Kirilova

HKEX announces changes of designated securities for short selling

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that with effect from 18 November, 2016, 37 additional securities will be eligible for short selling and 28 existing designated securities will be removed from the list. The total number of designated securities for short…

November 11, 2016 BY Valentina Kirilova

Hong Kong SFC adds Kaplan Asset Management 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…

November 11, 2016 BY Valentina Kirilova

AxiTrader hires Ivan Rojas as Head of Latin America and Spain

Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp has appointed Ivan Rojas as Head of Latin America and Spain as it continues to expand its global footprint. Rojas, who will be responsible for growing AxiCorp’s presence in the burgeoning Latin American market, has more than 10 years of experience operating and growing…