September 12, 2016 BY LeapRate Staff
The flaws in social trading
... and how brokers can overcome them.
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September 12, 2016 BY Valentina Kirilova
iSTOXX FactSet Thematic Indices to underlie four ETFs
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a provider of innovative and tradable index concepts, has announced that the newly launched iSTOXX FactSet Thematic Indices that capture megatrends in investing have been licensed to iShares to underlie four exchange-traded funds (ETFs). iShares is a provider of ETFs, owned by BlackRock. The iSTOXX…
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September 12, 2016 BY Valentina Kirilova
Deutsche Börse welcomes Uniper SE IPO on Frankfurt Stock Exchange
Uniper SE (ISIN: DE000UNSE018) has been listed in the Prime Standard at the Frankfurt Stock Exchange since September 12, 2016. A total of about 366 million shares were placed in the IPO. The total issue volume was approximately €3.7 billion. The initial listing price was €10.015. Listing Agents were J.P. Morgan und Morgan Stanley. Designated…
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September 12, 2016 BY Valentina Kirilova
ASIC permanently bans former Sydney finance broker
ASIC has permanently banned former Sydney finance broker, Jennifer Farias of Elderslie, from engaging in credit activities and providing financial services. The bannings follow an ASIC investigation and criminal action against Ms Farias who pleaded guilty in the NSW Local Court in the Downing Centre in Sydney to three charges of loan fraud. ASIC's Deputy…
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September 12, 2016 BY Valentina Kirilova
CYSEC extends suspension of the authorisation of Atlas Capital Financial Services Ltd
The Cyprus Securities and Exchange Commission has clarified that the suspension of the authorisation of the Cyprus Investment Firm Atlas Capital Financial Services Ltd has automatically been extended and the proceedings for the possible withdrawal of the relevant authorisation has commenced, pursuant to section 26(4)(b) of the Investment Services and Activities and Regulated Markets Law…
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September 12, 2016 BY Valentina Kirilova
LMAX Exchange becomes liquidity provider for MetaTrader 5
MetaQuotes Software Corp. has announced the integration gateway to LMAX Exchange, the multilateral trading facility (MTF) for trading FX, precious metals and indices. The MetaTrader 5 Gateway to LMAX Exchange will enable brokers, funds and professional traders to access streaming limit order liquidity, transparent price discovery and exchange quality execution. The 'no last look' feature applied…
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September 12, 2016 BY Valentina Kirilova
Hong Kong SFC adds Meridian Equity Group 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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September 12, 2016 BY Valentina Kirilova
BOK Financial Senior Executive charged with turning blind eye to investment scheme
The Securities and Exchange Commission (SEC) has announced that a subsidiary of Oklahoma-based BOK Financial Corporation (BOKF:NASDAQ) has agreed to pay more than $1.6 million to settle charges that it concealed numerous problems and red flags from investors in municipal bond offerings to purchase and renovate senior living facilities. The agency also filed a complaint in federal…
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September 12, 2016 BY LeapRate Staff
How to interpret the probability of a Fed rate hike?
This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The probability of a Federal Reserve (Fed) rate hike has become an important gauge to traders nowadays. Almost every news channel, or finance article refer to this probability. In this article, we will explain…
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September 12, 2016 BY Valentina Kirilova
ASIC puts insurers on notice to address serious failures in the sale of add-on insurance through car dealers
ASIC has reviewed the sale of add-on general insurance policies through car dealers and found that the market is failing consumers. ASIC's report finds that consumers are being sold expensive, poor value products; products that provide consumers very little to no benefit; and a sales environment with pressure selling, very high commissions and conflicts of interest.…
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