July 11, 2016 BY LeapRate Staff

JP Morgan sells remaining stake in SafeCharge as SCH shares continue downward

LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that global bank JPMorgan Chase & Co. (NYSE:JPM) has sold its remaining stake in the company (or, down to what SafeCharge called 'no longer a notifiable interest in the company'). JPMorgan had taken a 7.43% stake in SafeCharge late…

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BCSC warning
July 11, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against binary options broker BigOption

Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding binary options broker BigOption (at website bigoption.com), operated by Wirestech Limited. Most of warnings of this type involved unauthorized advertising to or contact with retail investors in Canada by unlicensed brokers, and this one is no different. According to the…

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July 10, 2016 BY LeapRate Staff

Forex Industry Week Review: TempletonFX launch, ThinkForex-ThinkMarkets rebrand, exec departures at UK FX brokers, and lots more...

Forex Industry News this week was again headlined by several stories seen exclusively on LeapRate (some of which were later copied on other blogs). There was definitely a UK focus to our coverage this week. LeapRate broke the news of FCA and ASIC regulated retail forex broker ThinkForex rebranding its operations to ThinkMarkets, including the launch of a…

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July 08, 2016 BY LeapRate Staff

SafeCharge initiates £1 million share buyback as its stock continues downward - LeapRate Exclusive

LeapRate Exclusive… LeapRate has learned from regulatory filings made by payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) that the company has recently bought back 500,000 of its own shares on the open market. The shares were purchased at an average price of £1.90, for a total cost to SafeCharge of £900,000 (before…

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July 08, 2016 BY Valentina Kirilova

Claire Milne is the new Non-Executive Director of Playtech

Playtech (LSE: PTEC) has just announced the appointment of Claire Milne as an independent Non-Executive Director with immediate effect. Milne will join Playtech's Remuneration Committee, Risk & Compliance Committee, Audit Committee, and Nominations Committee. Claire Milne joins the Board as a recognised industry expert in eGaming and technology law and regulation, with 20 years' experience advising gaming…

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July 08, 2016 BY Valentina Kirilova

Brexit aftermath: Consumer Confidence Crashed

British consumers saw their confidence in the UK's economy fall at the sharpest rate in almost 22 years after the vote to leave the European Union. According to latest market research from Gfk, consumer confidence in the UK fell by 8 points to minus 9, a plunge not seen since December 1994. The Gfk survey…

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