sec
February 21, 2019 BY Valentina Kirilova

ASIC applauds the enactment of stronger whistleblowing laws

The Australian Securities and Investments Commission (ASIC) issued a statement applauding the enactment of the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018 by Parliament on 19 February 2019. According to the new laws: The definition of a whistleblower now includes former and current employees, contractors and officers as well as their spouses and children.…

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Deutsche Börse
February 21, 2019 BY Valentina Kirilova

Deutsche Börse launches ETF trading costs tracker

Deutsche Börse has today launched a new crucial indicator for ETF investors known as iXLM (intraday Xetra liquidity measure), which displays the changes in an ETF’s trading costs during the trading session each day. The new indicator will allow investors to pinpoint period when the costs of trading an ETF were at their lowest so…

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sec charges
February 21, 2019 BY Valentina Kirilova

Spartan Securities Group and Island Capital Management charged with bogus companies’ fraud

The U.S. Securities and Exchange Commission (SEC) opened charges against Spartan Securities Group, Ltd., a broker-dealer, and Island Capital Management LLC, a transfer agent, which also operates as Island Stock Transfer, for creating and selling a minimum of 19 bogus public companies. The scheme was initiated by Spartan Securities, which filed documents with the Financial…

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FCA warning
February 21, 2019 BY Valentina Kirilova

FCA imposes first fines on anti-competitive behavior

The UK’s Financial Conduct Authority (FCA) today made a decision using its powers to enforce competition laws by ruling that three asset management companies violated competition law. The ruling as made against the following firms: River and Mercantile Asset Management LLP (RAMAM) Newton Investment Management Limited Hargreave Hale Ltd The FCA imposed a £306,300 fine…

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Argentex revenues
February 21, 2019 BY Valentina Kirilova

Argentex signs a FX partnership with International Sports Management

FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, Argentex LLP signed an exclusive foreign exchange (FX) partnership with International Sports Management (ISM). ISM is a sports management company based in Cheshire, England. The company was founded in 1989 by former European Tour golfer Andrew Chandler. Its clients include golfing champions Louis Oosthuizen,…

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ayondo teams up with Chinese social investing company iMaibo
February 21, 2019 BY Valentina Kirilova

ayondo teams up with Chinese social investing company iMaibo

Global financial technology and social trading group ayondo Ltd has just entered into a non-binding strategic alliance terms with Chinese Social Investing company iMaibo. LeapRate reminds that just a few days ago, ayondo Ltd announced its plans for a possible sale of their UK subsidiary, ayondo markets Ltd to BUX Holding B.V. BUX Financial Services B.V. iMaibo offers…

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bscs warning
February 21, 2019 BY Valentina Kirilova

Canadian regulator BCSC warns against binary options broker peakoptions24

Canadian securities regulator the British Columbia Securities Commission (BCSC) issued a warning today against a suspicious entity named peakoptions24. Peakoptions24 is operating via the website https://www.peakoptions24.com and claims to be “one of the leading binary options brokers in the industry, with a high payout of 81% in binary options contracts”. Peakoptions24 also claims to have…

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DriveWealth and Vested Finance launch digital U.S. equities investment product in India
February 21, 2019 BY Valentina Kirilova

USA is ready to invest in crypto

According to a new survey by the FX broker eToro, 43% of U.S millennials prefer to invest money in crypto assets as opposed to the stock market. The study also discovered that 71% of millennials are open to investing in digital assets, if they are offered by established financial institutions. Over half of the online…

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IronX completes token crowdsale, raises $26 million
February 20, 2019 BY Mariela Naydenova

CoinFLEX launches physically delivered crypto futures exchange

Last month, CoinFLEX was reported to be launching futures contracts to its Asian clients in February 2019. The new contracts for Bitcoin, Bitcoin Cash and Ethereum will provide possible leverage of up to 20 times. The new product has now gone live, as CoinFLEX launched its physically delivered cryptocurrency futures exchange. The platform is based in Hong…

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