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…
Read moreFinancial technology group ayondo announced over the weekend a new mobile app, the ayondo academy. The app targets investors who want to experiment and learn in a simulated trading environment. The ayondo academy, created by the group's Mobile Lab in Singapore, allows users to trade virtual stocks, participate in trading competitions and learn about the…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated broker GKFX has made a change in senior management, with Managing Director Jacob Plattner leaving the company in favor of hiring Joe Rundle (pictured at left) for the position. LeapRate had reported exclusively at the beginning of the summer that Rundle had left ETX Capital (as Head of Trading)…
Read moreQIAGEN N.V. (NASDAQ: QGEN; Frankfurt Prime Standard: QIA), the Dutch provider of sample and assay technologies for molecular diagnostics, has announced plans to return approximately $250 million to shareholders through a synthetic share repurchase proposal that combines a direct capital repayment with a reverse stock split. These actions, which will lead to an adjustment in…
Read moreThe Financial Markets Authority (FMA) has warned an individual in relation to suspected misleading or deceptive conduct by a registered financial adviser. Following an investigation by the FMA, it concluded that the registered financial adviser had engaged in misleading or deceptive conduct when he: advised his clients of an alternative life cover plan with a…
Read moreASIC has issued a consultation paper proposing to remake three class orders that are due to expire (sunset) on October 1, 2016 and April 1, 2017. The class orders affect the audit of proprietary companies and financial reporting by wholly-owned entities. The consultation paper also seeks feedback on ASIC guidance documents on audit relief and…
Read moreBursa Malaysia Berhad (Bursa Malaysia) has enabled multi-currency fixed income instruments in its web-based Electronic Trading Platform (ETP) to ensure the ongoing relevance of the platform for fixed income instruments. The ETP system is a centralised price and trade repository and dissemination for the primary and secondary bond market which provides an efficient and facilitative…
Read moreHong 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…
Read moreA former director of one of the Kleenmaid group of companies, Bradley Wendell Young was sentenced to nine years imprisonment last Friday after being found guilty by a District Court jury of 18 offences arising out of the collapse of the national whitegoods distributor. The trial lasted for 71 days. Mr Young was sentenced to…
Read moreSome weeks our Forex Industry News ticker at LeapRate seems to be churning out the same ol' thing - volumes, financial results, broker fines, executive moves, new office here, new product there.... And some weeks, as Monty Python would say, it feels like And Now for Something Completely Different. Well it was one of those kinds…
Read more