August 17, 2016 BY Valentina Kirilova

SEC fines Health Net Inc. for severance agreements that removed financial incentives for whistleblowing

The Securities and Exchange Commission (SEC) has announced that a California-based health insurance provider has agreed to pay a $340,000 penalty for illegally using severance agreements requiring outgoing employees to waive their ability to obtain monetary awards from the SEC’s whistleblower program. According to the SEC’s order, Health Net Inc. violated federal securities laws by taking away…

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August 17, 2016 BY Valentina Kirilova

ASIC obtains court travel restraint and asset preservation orders against West Australian property developer and Macro Realty Group of companies

The Federal Court in Perth has made interim orders against West Australian-based property developer Ms Desiree Veronica Macpherson and several Macro Realty Group companies of which she is a director and direct/indirect shareholder, following an application by ASIC on July 21, 2016. The companies subject to the orders are: Macro Realty Developments Pty Ltd (ACN…

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August 17, 2016 BY Valentina Kirilova

Fullerton Markets launches Tradency’s RoboX & Mirror Trader platforms

Shortly after the news that RoboX is expanding in Asia, Fullerton Markets has announced a collaboration with financial technology provider Tradency. The deal allows traders on Fullerton Markets to access the Mirror Trader Platform and Tradency’s RoboX. The RoboX system uses a unique algorithm which creates bespoke packages of trading strategies which are constantly updated. Mario Singh, CEO…

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August 16, 2016 BY Mike Fox

TradingView partners with Drivewealth to enable stock trading

A week after announcing their second FX partnership with Forex broker OANDA, trading visualization platform and community TradingView announced today it now supports the DriveWealth broker for trading equities directly from its platform. The cool thing about Drivewealth is that they claim to make it super easy for traders from different countries to trade US stocks. The company keeps…

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August 16, 2016 BY Mike Fox

Bitcoin exchange Kraken informs of phishing warning - beefs up security

San Francisco based bitcoin exchange and provider Kraken, the world’s largest global bitcoin exchange in euro volume and liquidity announced today it has received many reports lately of clients falling victim to phishing sites. The sites appear in ads above the organic search results, of all of the major search engines. Unfortunately, it seems to be…

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August 16, 2016 BY Mike Fox

NinjaTrader offering $200 in commission rebates on new accounts

NinjaTrader Group, LLC  a leading provider of trading technology and brokerage services for active traders announced today a new incentive. New clients who open a Futures account by August 31st will receive up to $200 in commission rebates. The simple terms see to that you fund your account with the minimum of $1000. You will then receive a rebate…

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August 16, 2016 BY Valentina Kirilova

HKEX set for another step forward in mutual market access

Following today's joint announcement by the China Securities Regulatory Commission (CSRC) and Hong Kong's Securities and Futures Commission (SFC), Hong Kong Exchanges and Clearing Limited (HKEX) will work with the Shenzhen Stock Exchange (SZSE), the Shanghai Stock Exchange (SSE), the China Securities Depository and Clearing Corporation Limited (ChinaClear) and other relevant parties to establish mutual…

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August 16, 2016 BY Valentina Kirilova

SFC and CSRC announce Shenzhen-Hong Kong Stock Connect

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have announced the approval, in principle, of the structure of Shenzhen-Hong Kong Stock Connect, which will provide mutual stock market access between Hong Kong and Shenzhen via a northbound trading link and a southbound trading link. There will be no aggregate quota under…

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