December 08, 2015 BY Maria Nikolova

Playtech's appeal against CBI decision on AvaTrade deal is successful

Playtech PLC (LON:PTEC) has just provided an update regarding its appeal against the Central Bank of Ireland (CBI) decision to oppose the planned acquisition of retail Forex broker AvaTrade. Playtech said that the appeal was allowed by the Irish Financial Services Appeals Tribunal, with the consent of the CBI, on the grounds of error in the…

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December 08, 2015 BY Maria Nikolova

TriOptima announces completion of first unlinked JPY interest rate swaps compression cycle in JSCC

TriOptima, the subsidiary of ICAP plc (LON:IAP) which provides post trade risk management services and infrastructure for OTC derivatives, today announces that members of Japan Securities Clearing Corporation (JSCC) terminated JPY 72.5 trillion ($588.9 billion) in the first unlinked compression cycle for JPY interest rate swaps (IRS) in JSCC. This marks an increase of 44.4%…

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December 08, 2015 BY Maria Nikolova

Virtu Financial Europe, Euronext Paris get €5M fines in France for market rules violation

The Enforcement Committee of France's financial markets regulator AMF has imposed hefty fines on high frequency trading firm Virtu Financial Europe, formerly known as Madison Tyler Europe, and Euronext Paris. On December 4, 2015, the Committee fined Virtu Financial Europe €5 million ($5.43 million) for market manipulation and ignoring Euronext market rules. Euronext Paris also…

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December 08, 2015 BY Maria Nikolova

Forex Club applies for Russian Forex dealer license

Retail Forex and CFD broker Forex Club today announced that it has submitted an application to obtain a license as a Russian Forex dealer – the official designation for a company providing Forex trading services in Russia. The company said it filed the necessary papers with the Central Bank of Russia on Monday, December 7th.…

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December 08, 2015 BY Maria Nikolova

JPMorgan hikes stake in Plus500 to 10.03%

Retail Forex and CFD broker Plus500 Ltd (LON:PLUS) earlier today published a report about a transaction in its shares. The broker was notified on December 7, 2015, that JPMorgan Chase & Co. (NYSE:JPM) increased its stake in Plus500 to 10.03%. The investment bank, which is most likely acting on behalf of its clients, bought 3,699,658…

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December 08, 2015 BY Maria Nikolova

RoboForex updates WebTrader, adding Bar charts, new languages

Retail Forex broker RoboForex on Monday unveiled a set of enhancements to its WebTrader platform, including new languages support and a new type of charts. Those trading on WebTrader can now make use of a new type of charts – "Bars". Another enhancement is that there is detailed information about the balance of all of…

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December 08, 2015 BY Maria Nikolova

Hirose Financial opens new office in Malaysia

Retail Forex and binary options broker Hirose Financial today announced that it has opened a new office in Malaysia, as it seeks to court the local audience. The company said the new office is a customer support one. It will deal with the inquiries of local customers in Malaysian. Below are the contact details of…

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December 08, 2015 BY Maria Nikolova

Hong Kong's SFC receives 2,416 license applications in Jul-Sep quarter

Hong Kong's Securities and Futures Commission (SFC) has just published its report for the quarter from July to September 2015, with the data pointing to continued interest of investment companies in obtaining licenses from the Hong Kong watchdog. In the three months to September 30, 2015, the SFC received 2,416 licence applications, a number which…

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December 07, 2015 BY LeapRate Staff

ESMA extends Greek bank share short selling ban to December 21

The European Securities and Markets Authority (ESMA) has published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The original ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank S.A., expired…

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