GMO Click Holdings Inc (TYO:7177) has released the following monthly preliminary report of consolidated operating revenue for September 2016. Preliminary figures described below are subject to change. Operating revenue last month has made quite a jump from the slow August 2016 with ¥2,474. Compared to last year's September the number this time was not bad at…
Read moreBusiness information giant Thomson Reuters Corp (NYSE:TRI) has introduced a specialized intraday evaluated pricing service for money market instruments, providing evaluated pricing that is updated throughout the global business day for public and other non-public short-term instruments. The new service helps mutual fund managers meet demands for intraday net asset value (NAV) calculations, as well as…
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LeapRate Exclusive... LeapRate has learned via regulatory filings made with UK authorities that FCA regulated broker Berkeley Futures saw a significant decrease in activity during fiscal 2016, with Revenues down 11.4% to £9.6 million for the twelve months ended April 30, 2016. 2015 Revenues were £10.8 million. Berkeley still turned a profit for the year, £1.2…
Read moreThe Securities and Exchange Commission (SEC) has announced that a New York-based company has agreed to pay a $50,000 penalty for illegally offering complex derivatives products to retail investors through mobile phone games that were described as “fantasy sports for stocks.” An SEC investigation has found that Forcerank LLC failed to file a registration statement for…
Read moreCLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for September 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,038,025 up 17.5% from 883,368 in August 2016. August was a slow month - the number now…
Read moreBehavioral profiling based trading tool provider PsyQuation has announced that it is partnering with allocators with more than $1 million of trading capital to allocate, with more to come in future weeks. After being connected to PsyQuation, the traders' performance will be evaluated and they will get capital to trade. There are no set limits…
Read moreThe UK Financial Conduct Authority has put out details of the cloned firm Loanfactory. 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 scam people…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Pan Asia Pacific Mergers and Acquisitions. Pan Asia Pacific Mergers and Acquisitions is not authorised by the FCA but has been targeting people in the UK…
Read moreThe U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has announced that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or exchanges). The review, which covered a one-year target period, evaluated the exchanges’ market surveillance programs and…
Read moreWells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, has departed on Wednesday. San Francisco-based Wells Fargo said Stumpf, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan. The bank is splitting the role of chairman and CEO with Stephen Sanger, its lead director, becoming…
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