August 25, 2016 BY Valentina Kirilova

Thomson Reuters reports CPFIS-included funds increase 0.68% in Q2 2016

Thomson Reuters has announced its findings on the performance of all unit trusts and investment-linked insurance products (ILPs) that are included under the Central Provident Fund Investment Scheme (CPFIS) as of June 30, 2016. In Q2 2016, the overall performance of CPFIS-included funds rose 0.68% on average, a positive and encouraging development for investors. Specifically, CPFIS-included…

Read more
August 25, 2016 BY Valentina Kirilova

DFM accredits Global For Shares & Bonds Co. for direct market

Dubai Financial Market (DFM) has announced that Global for Shares & Bonds Co. (LLC) has been accredited to provide Direct Market Access (DMA) for global brokers lifting the number of DMA service providers to 13 brokerage firms. The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority…

Read more
August 25, 2016 BY LeapRate Staff

Leverate exits Binary Options business, selling its BX8 platform product - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We've learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running…

Read more
August 25, 2016 BY Valentina Kirilova

SEC charges 71 municipal issuers in muni bond disclosure initiative

The Securities and Exchange Commission (SEC) has announced enforcement actions against 71 municipal issuers and other obligated persons for violations in municipal bond offerings. The SEC found that from 2011 to 2014, the 71 issuers and obligated persons sold municipal bonds using offering documents that contained materially false statements or omissions about their compliance with continuing…

Read more