August 09, 2016 BY Valentina Kirilova

ASIC reviews the Australian equity market cleanliness

A review by ASIC has found an overall improvement in the measures of cleanliness in the Australian listed equity market over the past decade. Report 487 Review of Australian equity market cleanliness, looked at possible insider trading and information leakage ahead of material, price-sensitive announcements (material announcements) by analysing price movements or shifts in trading…

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August 09, 2016 BY Mike Fox

World Gold Council, LME and global banks to launch exchange-traded metals products

The World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid…

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August 09, 2016 BY Valentina Kirilova

Hong Kong SFC adds Wheaton Capital 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…

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August 09, 2016 BY LeapRate Staff

Mobile marketing for Retail Forex brokerages

Mobile marketing. Engaging with users on mobile devices. It is something which everyone in the Forex world wants to do better, but not all actually accomplish. Leverate's Yael Warman takes a look at what Retail Forex brokers should know. With FX brokerages having focused extensively on the trading platforms suited for computers and tablets, trading…

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August 09, 2016 BY Mike Fox

CFTC announces enhancements to protect customer funds

The U.S. Commodity Futures Trading Commission (CFTC) today announced three separate measures that are designed to enhance the protection of customer funds. The CFTC approved an order to exempt Federal Reserve Banks that maintain customer accounts for derivatives clearing organizations (DCOs) from liability under the Commodity Exchange Act (CEA). In addition, the CFTC’s Divisions of…

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August 09, 2016 BY Valentina Kirilova

ASIC review of handling of confidential information and conflicts of interest by sell-side research and corporate advisory

An ASIC review of risks related to the handling of confidential information and conflicts of interests, particularly in the provision of sell-side research and corporate advisory services, has found that most firms have policies and procedures in place to deal with these risks. However, there remain instances of poor and inconsistent practice in their application.…

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August 09, 2016 BY Mike Fox

U.S. Marshals to hold Bitcoin Auction for approximately 2,700 Bitcoins ($1.6m)

The U.S. Marshals announced today the auctioning of one block of approximately 2,700 Bitcoins (approx. $1.6 million) in connection with various federal criminal, civil and administrative cases. To register, potential bidders must complete all registration requirements by noon EDT Aug. 18. A $100,000 deposit is required to participate. Deposits will be returned to non-winning bidders. The auction will…

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