October 18, 2016 BY Valentina Kirilova

Deutsche Börse announces unscheduled adjustment in TecDAX

Deutsche Börse has announced an unscheduled change to TecDAX. As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the AIXTRON SE current share class (ISIN DE000A0WMPJ6) in the index will be replaced with the tendered share class of AIXTRON SE (ISIN DE000A2BPYT0). These changes will become effective on 20…

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October 18, 2016 BY LeapRate Staff

Orbex engages analyst Nour Eldeen Al-Hammoury for English and Arabic trading workshops

It looks like research analyst Nour Eldeen Al-Hammoury has been very busy since leaving his position as Chief Market Strategist of ADS Securities. We recently reported that Al-Hammoury had joined Sky News Arabia as a Business Analyst and Presenter, providing daily segments and offering in-depth analysis of the latest regional and global economic developments. Now comes word…

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October 18, 2016 BY LeapRate Staff

Banc de Binary license revoked by Belize regulator IFSC

Belize financial regulator IFSC (International Financial Services Commission) has announced that BDB Services (Belize) Limited, the Belize subsidiary of binary options broker Banc de Binary, is no longer licensed by the IFSC due to non-compliance to some conditions, without giving further details. The IFSC put out the following warning notice on the matter, which can also be…

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October 17, 2016 BY Mike Fox

NetBet becomes the UK's first licensed gambling site to accept bitcoin

Bitcoin payment processing firm BitPay announced today that NetBet has become the first UK-licensed gambling merchant to begin accepting bitcoin for bets in its online sports betting platform and casino. NetBet is a leading gambling operator in the United Kingdom. They decided to start accepting bitcoin to reach the growing digital currency user base in…

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October 17, 2016 BY Valentina Kirilova

INTL FCStone announces the launch of its online physical gold trading platform

INTL FCStone (NASDAQ: INTL)'s precious metals division has announced that it is launching PMXecute+, an online trading platform connecting consumers and suppliers of physical gold globally. The platform provides seamless real-time access to the global bullion market routing customized bids and offers to the most relevant platform participants, based on inventory availability and preferences, and couples…

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October 17, 2016 BY Valentina Kirilova

SIX Swiss Exchange welcomes DRW Investments Ltd as a new trading participant

The SIX Swiss Exchange has added DRW Investments (UK) Limited as its third new participant in 2016. Gregor Braun, Head Member Acquisition & Product Sales, commented: SIX Swiss Exchange offers excellent trading conditions as well as premium products and services. We are happy that DRW Investments (UK) Limited has joined our exchange and wish them successful trading." With…

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October 17, 2016 BY Valentina Kirilova

FCA warns on clone firm of Knight Capital Markets

The UK Financial Conduct Authority has put out details of the cloned firm Knight Capital Markets. 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…

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October 17, 2016 BY Valentina Kirilova

CySEC fines the Bank of Cyprus Public Company Ltd and its Director

The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed that it has investigated the compliance of Bank of Cyprus Public Company Ltd, its Board of Director Members’ and its General Manager with the Transparency Requirements and has identified the existence of violations and imposed administrative fines. Bank of Cyprus Public Company Ltd has been charged with…

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October 17, 2016 BY LeapRate Staff

Gain Capital shares drop to 52 week low as investors' patience wanes

Tough times for the US based retail forex brokers. And their shareholders. Shares of Gain Capital Holdings Inc (NYSE:GCAP), parent company of retail forex broker Forex.com and institutional brand GTX, have continued to drift downward the past few months, hitting a 52 week low late last week. At Friday's close of $5.70, Gain Capital shares are…

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October 17, 2016 BY Valentina Kirilova

Thai bourse appoints new executive in charge of corporate strategy

The Stock Exchange of Thailand (SET) has appointed Chirathep Senivongs as Executive Vice President (EVP), Corporate Strategy Division, to oversee international relations, effective from November 1, 2016. SET President Kesara Manchusree said: Chirathep is equipped with strong expertise in expanding business both domestically and overseas, As such, this key mechanism will further enhance cooperation and…

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