Paul Levenson, Director of the SEC’s Boston Regional Office commented: Microcap stocks can be particularly vulnerable to manipulative schemes, and investors should be alert to the heightened risks that exist during this national emergency. The SEC will continue to act quickly to protect investors from investment scams, including those seeking to capitalize on the COVID-19…
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Javier Hernani, CEO of BME, said: Joining SIX is fantastic news for BME. Together we have a stronger business model that will enable us to continuously improve our products and services offering as well as significantly grow our client reach. The combined group will now be able to better address the growing needs of the…
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What to watch June consumer sentiment: On Friday, the Michigan Consumer Sentiment Survey will be released in the US, with economists anticipating that the index will tick up to 75 for the month, from 72.5 in May. Remember, the figure being reported does not include the impact of yesterday’s market selloff, when fears of a…
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The CFTC also filed civil enforcement action against Erik J. Hass and his company Simply Gains Inc. on charges of fraud, misappropriation and failing to register with the CFTC. The defendants solicited at least $2.1 million from at least 21 individuals to fund their forex commodity pool operation. Despite assurances that they could not lose…
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Husam Al Kurdi who recently joined SquaredFinancial as its new Chief Executive Officer sat down with LeapRate for an interview. Having spent two decades working in the financial and banking industry, he has acquired an international reputation for developing and managing sophisticated trading companies. He has been involved with the launch and running of a…
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Ahmed Fahim stated: ACY Securities delivers a gold standard in client experience, service and support and it is an absolute honour to lead the ACY desk in Saudi Arabia. Fahim continued: ACY Securities have the best track record for client money security, they have Islamic accounts with full Arabic support, extremely quick execution speed and…
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When the integration is complete, CQG’s customers will be able to choose whether to turn on faster routing in some markets and standard order routing in others. The simulation and back-testing tools will allow users to test strategies in as near real-market conditions. They can then leverage transaction cost analysis (TCA) features to review performance,…
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Peter Cruddas, Chief Executive Officer said: During these extraordinarily difficult times, I would like to take the opportunity to convey my sympathies to everyone who has been impacted by the COVID-19 pandemic. I am extremely proud of the resilience and dedication shown by all of my colleagues at CMC, who are contributing to ensuring that…
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Ed Tilly, Chairman, President and Chief Executive Officer, Cboe Global Markets commented: The capital allocation actions we have taken year-to-date, including our strategic acquisitions, share repurchase activity and increased share repurchase authorization, reinforce our capital allocation priorities of investing in the growth of our business, maintaining a strong and flexible balance sheet, and returning excess…
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Richard Chambers, global head of Short Macro Trading at Goldman Sachs said: Becoming a participant of the cross-currency swap service provided by CLS and IHS Markit helps us to further mitigate settlement risk, and we expect to see further operational and funding efficiency benefits as more counterparties join the service. Keith Tippell, Head of Product,…
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