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 moreSecurities 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 moreNasdaq (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 moreMr 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 moreToday, 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 moreU.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 moreXTB also reported a cancellation of negotiations to acquire HFT Brokers' customer portfolio.
Read moreCBOE Vest, an investment manager focused on Target Outcome Investment strategies, has announced it has launched the CBOE Vest Defined Distribution Strategy Fund (VDDIX). VDDIX seeks to generate consistent monthly distributions, non-correlated to equity or bond markets, of 5.25% annualized over the one-month Treasury yield, before fees and expenses, while preserving capital over the long term.…
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LeapRate Exclusive... In the retail forex sector, as in many other industries, there are leaders are there are followers. Never one to rest on its laurels or rely on the status quo even when doing well, Copenhagen based Saxo Bank is clearly a leader. Having made a number of key changes recently to its senior…
Read moreNetflix's (NASDAQ: NFLX) stock surged 20% after hours on Monday as original hit shows like Stranger Things and Narcos helped the streaming video company crush Wall Street expectations. Netflix beat on both international and domestic subscriber additions by a hefty margin, as well as on EPS. Netflix's revenue was roughly in line with Wall Street…
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