CMC Markets analyst Jasper Lawler takes a look at a long discussed phenomenon among traders - is September really the worst month historically for stock markets? And if so, why?
Read moreThe Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Ms Samantha Keung Wai Fun, former CEO of China AU Group Holdings Limited, Ms Wu Hsiu Jung and Mr Chen Kuo-chen , for false trading in the shares of China AU. Between August 2009 and March 2010, China AU…
Read moreThe Securities and Futures Commission (SFC) and The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), have announced a two-month extension of the deadline for responding to the joint consultation on the proposed enhancements to the Exchange’s decision-making and governance structure for listing regulationNote. The consultation…
Read moreFollowing an application by ASIC, the Federal Court of Australia has ordered the appointment of Ms Robyn Erskine and Mr Adrian Hunter of Brooke Bird as joint and several provisional liquidators of Uglii Corporation Limited, Traralgon Technology Holdings Limited, Uglii Find Australia Limited, BizMio Limited, Projects Discovery Services Pty Ltd and Global Ads System Pty…
Read moreThe Securities and Exchange Commission (SEC) has charged two former accounting executives with overstating the financial performance of a large publicly-traded real estate investment trust (REIT) then known as American Realty Capital Properties (ARCP) by purposely inflating a key metric used by analysts and investors to assess the company. According to the SEC’s complaint, then-chief financial…
Read moreJust two days ago Apple (NASDAQ:AAPL) has unveiled the brand new iPhone 7 at a big fancy event in San Francisco. As usual, it was live-streamed across the world to eager fans itching to get their hands on the latest model of Apple's most popular product. However, despite several exciting new features, including a new…
Read moreLeapRate has learned that Denmark-based multi-asset broker Saxo Bank has named Patrick Hunger as the permanent CEO of its Swiss unit, Saxo Bank Switzerland (formally Saxo Bank (Schweiz) AG). As reported on LeapRate, Hunger was named Interim CEO of Saxo Bank Switzerland back in June, following the resignation from the post of Antonio Ferrante. Hunger - a lawyer by…
Read moreA new db x-trackers ETF from the Deutsche Asset Management ETF product family has been tradable in Deutsche Börse's XTF segment via Xetra and Börse Frankfurt since Thursday. Name: db x-trackers II iBoxx USD Liquid Asia Ex-Japan Corporate Bond UCITS ETF (DR) Asset class: bond index ETF ISIN: LU1409136006 Total expense ratio: 0.30% Distribution policy:…
Read moreInterdealer broker ICAP plc (IAP.L) has announced that Seth Johnson, currently Head of Strategy at ICAP’s Global Broking division, has been appointed CEO of EBS BrokerTec. Johnson takes over from Gil Mandelzis who, as announced on July 21, 2016, has decided to leave ICAP. As Head of Strategy for Global Broking, Johnson has been responsible for growing…
Read moreTMX Group Limited (TSX:X) has announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for August, 2016. Toronto Stock Exchange welcomed one new issuer in August 2016, compared with 13 in the previous month and nine in August 2015. The new listing was a mining company. Total financings raised in August 2016…
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