October 19, 2016 BY Valentina Kirilova

HKEX: Trading Continues during Black Rainstorm Warning

Hong Kong Exchanges and Clearing Limited (HKEX) has announced that the Black Rainstorm Warning has not affected trading in the securities and derivatives markets, which continue to operate as normal. According to the rules, trading will continue until the end of today’s last trading session. For the details of arrangements for trading, and clearing and…

Read more
October 19, 2016 BY Valentina Kirilova

Paysafe’s payolution launches e-commerce payments service in the UK

Digital payment solutions provider Paysafe Group Plc (LON:PAYS) has shared that its payolution division has announced the UK launch of its ‘buy now, pay later’ service. Vienna-based payolution’s entry into this latest market starts with the first UK integration of the company’s instalment payment option for Odlo, the Norwegian-based online sports retailer with stores across the UK…

Read more
October 19, 2016 BY Valentina Kirilova

GMO CLICK releases preliminary consolidated financial results, operating revenue is ¥13,844M

GMO CLICK Holdings, Inc. (TYO:7177) has released the following preliminary consolidated financial results for the Second Quarter of the Fiscal year ending March 31, 2017. Official financial results announcement is scheduled on October 25, 2016. Preliminary Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2017 (April 1, 2016 to September 30,…

Read more
October 19, 2016 BY LeapRate Staff

Valutrades launches online Forex Radio channel, ValuRadio

LeapRate Exclusive... LeapRate has learned that FCA regulated retail Forex and CFD broker Valutrades has launched ValuRadio - effectively an audio-only portion of its website. ValuRadio is initially posting daily audio FX Research summaries, presented by traders Malte Kaub and Paul Wallace (more on them below). However we understand that the company has plans to…

Read more
October 19, 2016 BY Valentina Kirilova

Securities Commission Malaysia files civil suit against Dato’ Sreesanthan Eliathamby for insider trading

Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against Dato’ Sreesanthan Eliathamby for insider trading involving the shares of Worldwide Holdings Bhd (Worldwide). In the claim filed on 12 October 2016, SC claimed that Dato’ Sreesanthan had breached section 89E(2)(a) of the Securities Industry Act 1983 (SIA), where…

Read more
October 19, 2016 BY Valentina Kirilova

Shanghai Futures Exchange launches new market surveillance platform powered by Nasdaq’s SMARTS

Nasdaq (Nasdaq:NDAQ) has announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. Ulf Carlsson, Vice President and Regional Manager, North Asia and Japan, Nasdaq, said: We are truly honored to be working with Shanghai Futures Exchange on…

Read more
October 19, 2016 BY Valentina Kirilova

Former Equititrust CEO remains permanently banned from providing financial services

Mr Mark McIvor, former chief executive officer and founding director of Equititrust Limited (in liquidation) remains permanently banned from providing financial services after withdrawing an application to the Administrative Appeals Tribunal (AAT) to appeal against ASIC's original banning decision. Mr McIvor has been permanently banned from providing financial services on 2 September 2015 following an earlier…

Read more
October 18, 2016 BY Mike Fox

Barchart names Keith Petersen as Head of Strategy and Corporate Development

Today, Barchart, the Chicago based leading provider of financial market data and technology, announced that Keith Petersen has been named Head of Strategy and Corporate Development. Petersen holds a Master of Business Administration from The University of Chicago Booth School of Business and a Bachelor of Science in Finance from Northern Illinois University. Petersen will be responsible…

Read more
October 18, 2016 BY LeapRate Staff

Merrill Lynch fined $2.8 million by FINRA for trade reporting violations

U.S. securities regulator FINRA (Financial Industry Regulatory Authority) has announced that it has fined the Merrill Lynch, Pierce, Fenner and Smith Inc. unit of Bank of America Corp (NYSE:BAC) $2.8 million for systemic trade reporting, Order Audit Trail System (OATS) reporting, books and records, and related supervisory violations that occurred over a period of several years.…

Read more