The restriction of the free movement of sovereign currency is often regarded as the preserve of non-free market economies with despotic governments. Denmark is now considering implementing capital control laws, representing the first Western nation to ever do so, with its central bank aiming to defend the Krone's peg against the Euro at all costs
Read moreLeapRate Exclusive… Upstart offshore retail forex brokerage OctaFX has new financial regulation pending
Read moreInterest by investment banks into Plus500 Ltd (LON:PLUS) is not losing its force, as Deutsche Bank AG (FRA:DBK) has just raised its shareholding in the CFD broker. According to data released on Friday, the investment bank bought 2,124,445 shares in the broker on February 18, 2015. This way, the total number of shares Deutsche Bank…
Read moreA press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG), a provider of trading technologies and support services to the global OTC and listed markets, today announced that they have reached an agreement on a tender offer of $6.10 per share. Under the terms of…
Read moreThe eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…
Read moreRussia's Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) today added another entry to its list of fraudulent investment companies: Leveron (https://leveron.org/), a brand of Worldwide Finance Group Ltd. CRFIN's attention was drawn to the online project after numerous complaints by investors. The company, which offers a range of investment services to clients…
Read morePlus500 Ltd (LON:PLUS), the CFD broker famous for its efficient marketing and robust financial metrics, today published an announcement on some changes in shareholdings. According to the announcement, JPMorgan Chase & Co. (NYSE:JPM) sold 3,024,198 shares in the broker on February 19, 2015. This leaves the investment bank with 5,957,023 shares in Plus500, which is…
Read moreClient money pools and the ability to make a claim via a claims portal which will be available for the first tranche of clients to agree the balances of their accounts by 6 March 2015 are subjects to be discussed at the Clients and Creditors Meeting, scheduled for March 12, 2015
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