August 23, 2016 BY Valentina Kirilova

Financial Gravity promotes David Crowley to president and chief strategy officer

Financial Gravity has announced that David Crowley will assume the role of President and Chief Strategy Officer for Financial Gravity Holdings. Crowley has previous served in various roles within the Financial Gravity companies, most recently Director of Business Development. He has also served on the executive team and Board of Directors for several years. CEO John…

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August 23, 2016 BY Valentina Kirilova

FCA warns on Grove Capital Advisors Limited

UK 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 Grove Capital Advisors Limited firm. The company is not authorised by the FCA but has been targeting people in the UK: Grove Capital Advisors Limited Address: 1330 Ave…

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August 23, 2016 BY LeapRate Staff

Retail Forex Brokers: Where to expand?

One of the key questions Forex broker CEOs are always asking themselves is: Where to Next? Yael Warman from Leverate takes a look at a few of the areas where Forex brokers are looking to increase their footprint. Geo-Expansion – A World of Possibilities For FX firms in the Western hemisphere, the marketplace is becoming…

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August 23, 2016 BY Valentina Kirilova

ASIC cancels the registration of 133 SMSF auditors

ASIC has cancelled the registration of 133 approved self-managed superannuation fund (SMSF) auditors who did not lodge their annual statements. On July 28, 2016, ASIC sent a final warning to 185 approved SMSF auditors with outstanding annual statements. ASIC had alerted these auditors on a number of occasions that their registration would be cancelled if…

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August 23, 2016 BY Valentina Kirilova

SFC suspends an account executive of BOCOM for 18 months

The Securities and Futures Commission (SFC) has suspended the licence of Mr Ku Yuen Leung, an account executive of BOCOM International Securities Limited (BOCOM), for 18 months from 23 August 2016 to 22 February 2018 for engaging in manipulative activities. The disciplinary action follows an SFC investigation which found that between 5 and 26 November…

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August 23, 2016 BY Valentina Kirilova

SGX and Baltic Exchange agree terms

Singapore Exchange (SGX:S68) and The Baltic Exchange Limited (Baltic Exchange) are pleased to announce that they have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange (Proposed Acquisition). Yesterday’s announcement follows a period of extensive consultation with Baltic Exchange shareholders and other stakeholders. Under…

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August 23, 2016 BY Mike Fox

Go big or go home! FXTM to offer 1:1000 leverage on ECN Server

Retail Forex broker FXTM today announced exclusive new trading conditions: due to popular demand the company will offer 1:1000 leverage across all trading accounts on its ECN Server. Effective Thursday, September 1, 2016, every trader – regardless of the size of initial deposit – will be able to reap the benefits of the almighty ECN Server. As a…

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August 23, 2016 BY Valentina Kirilova

Hong Kong SFC adds OTEX World Corporation 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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