TSX Company Services has announced an agreement with Ipreo, a global provider of financial services technology, data and analytics. TSX Company Services has teamed up with Ipreo to offer Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) issuers the in-depth analysis and dynamic functionality they need to build and execute their IR strategies, including Ipreo's…
Read moreMoscow Exchange has increased the dedicated capital of NCC Clearing Bank, its central counterparty (CCP), to RUB 9.5 billion (from RUB 6.5 billion) to add an extra layer of security for participants in on-exchange trading. Dedicated capital ("skin in the game") is the portion of the CCP's capital resources that can be used to cover…
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 AIB Asset Management. AIB Asset Management is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read moreASIC has commenced civil proceedings in the Supreme Court of Queensland against Ben Jayaweera and Growth Plus Financial Group Pty Ltd (in liquidation). On 11 March 2016 the Australian Taxation Office wound up Growth Plus in relation to unpaid debts. Andrew Fielding and Matthew Joiner of BDO were appointed the liquidators of Growth Plus (the…
Read moreLeapRate Exclusive... LeapRate has learned that social trading platform provider ZuluTrade has decided to withdraw its status as an NFA licensed introducing broker (IB), and exit the US retail forex market. ZuluTrade has been an NFA member since 2008, when it was one of the early entrants in the social and copy trading space. ZuluTrade's…
Read moreRetail forex broker Alpari has informed that its PAMM Account rating is to be updated from 3rd October, 2016. The company is striving to make its PAMM Account service more transparent and user-friendly for clients. The rating is compiled according to three stages: Preliminary filter Assessment of PAMM Accounts’ effectiveness Allocation of position within the rating…
Read moreLeapRate Exclusive Interview... Our recent report that Copenhagen based retail forex and CFD broker Saxo Bank had launched a new FX and CFD order execution model targeting increased liquidity and transparency was met by a lot of questions from our readers. What's different about this execution model? What exactly is an order driven execution model? And mainly: Why…
Read moreThe European Securities and Markets Authority (ESMA) has issued an opinion agreeing to extending an emergency short selling prohibition, for a period of 90 calendar days, by the Commissione Nazionale per le Società e la Borsa (CONSOB) on net short positions in Banca Monte dei Pascha di Siena spa (BMPS) shares under the Short Selling…
Read moreToronto Stock Exchange (TSX:X) has welcomed Aritzia Inc. to Canada's leading equities exchange. The Vancouver-based clothing retailer began trading on TSX this morning under the symbol TSX:ATZ. Ungad Chadda, President, Capital Formation, Equity Capital Markets, TMX Group, said: Aritzia is a dynamic success story here in Canada and across North America and we are extremely…
Read moreMultibank FX aggregation service FXSpotStream has reported that September volumes on its system jumped to $15,452 with the impressive 24% MoM (single count) daily. However September volumes were down with 4.7% YoY from September 2015. FXSpotStream’s best-ever month still remains this past February, at $21 billion ADV. FXSpotStream is a wholly owned subsidiary of LiquidityMatch LLC (which is…
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