August 08, 2016 BY LeapRate Staff

Deutsche Bank hit with $12.5 million FINRA fine for internal hoots and squawks

U.S. securities industry regulator The Financial Industry Regulatory Authority (FINRA) has announced it has fined the Deutsche Bank Securities Inc. unit of German banking giant Deutsche Bank AG (USA) (NYSE:DB) $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called 'hoots' or 'squawks,' over internal speakers commonly known as…

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August 08, 2016 BY Valentina Kirilova

Denmark FSA warns against binary options signal provider Den Danske Metode

The Danish Financial Supervisory Authority has been informed that Den Danske Metode unsolicited has offered to carry out financial services in Denmark. The company's address is unknown, but its homepage is danishmethod.com. Den Danske Metode does not have authorization from the Danish Financial Supervisory Authority in accordance with the Financial Business Act to carry out…

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August 08, 2016 BY Valentina Kirilova

Weekly overview: Asian shares rise to one-year high

Asian stocks climbed to one-year highs on Monday. The Australian dollar also rose as investors' hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and easy global monetary policy conditions. The U.S. Department of Labor said July non-farm payrolls rose by 255,000 and revised the June increase upward to 292,000. The…

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August 08, 2016 BY LeapRate Staff

Exness FX trading volumes hit record $253 billion in July

Retail forex broker Exness has reported record FX trading volumes of $253.2 billion in July - a 35% increase from June and 9% higher than Exness' previous best month of $232 billion set in June of last year. Year-to-date in 2016, Exness has seen $1.37 trillion in total trading volume, has honored a total $155 million in…

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August 08, 2016 BY Mike Fox

SIX Swiss Exchange stocks are now available in USD

SIX Swiss Exchange today announced it is consolidating its position as a leading trading venue for international blue chips. From today SIX Swiss Exchange is enabling investors to trade certain US stocks in its Sponsored Foreign Shares trading segment directly in US dollars, thereby lending them even more flexibility in the implementation of their investment…

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August 08, 2016 BY Valentina Kirilova

HKEX to offer mini H-shares index options

Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce Mini-Hang Seng China Enterprises Index Options (Mini H-shares Index Options) on Monday, September 5, 2016 to meet demand from retail investors and give market participants more flexibility by providing a contract one-fifth the size of its H-shares Index Options contract. Underlying Index Hang Seng China…

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August 08, 2016 BY Valentina Kirilova

Saxo Bank's July FX volumes of $265 billion hit new highs

Multi-asset trading and investment services provider Saxo Bank has issued its July FX volumes results and they just keep rising. Saxo Bank's highest peak so far was June's FX volumes, counting $261 billion since early 2015. FX volumes in July show the impressive number of $265 billion. Daily average hit $12.6 billion this month. As for clients' collateral…

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August 08, 2016 BY Valentina Kirilova

LSE announces UnaVista's earlier MIFIR transaction launch

London Stock Exchange Group (LSE) has announced that UnaVista, its MiFID Approved Reporting Mechanism (ARM), has made user acceptance testing available for MiFIR transaction reporting 17 months ahead of schedule. UnaVista is the LSE group’s global hosted platform for all matching, validation and reconciliation needs. It offers a range of business solutions through one interface…

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August 08, 2016 BY Valentina Kirilova

ASIC's enforcement report highlights key enforcement outcomes for January-June 2016

ASIC has released its enforcement report for the period January 1, 2016 to June 30, 2016. The report highlights ASIC's long-term challenges and areas of focus going forward, as well as outcomes supporting those areas, including: balancing a free-market system with investor and financial consumer protection; digital disruption; structural change; financial innovation-driven complexity; and globalisation.…

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