December 22, 2014 BY LeapRate Staff

KVB Kunlun reports that M&A due diligence has begun

Nearly a month after it had reported that an acquirer had emerged to make a HK$0.65 bid for the company, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has finally provided an update, and in truth it isn't much of one. KVB has made a further filing with the Hong Kong Exchange (HKEx)…

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December 22, 2014 BY Mike Fox

CME Group fines three firms for automated trading violations

In a Reuters news bulletin that slipped under the radar over the weekend, CME Group (NASDAQ:CME) reported last Friday that it fined three Chicago-based proprietary trading firms for violations stemming from problems with automated trading systems. The firms, 303 Proprietary Trading, Allston Trading and Traditum Group, had no immediate comment or declined to comment. CME…

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