December 26, 2014 BY LeapRate Staff
Citi exiting Japan retail banking business
Citigroup Inc is exiting retail banking businesses in a number of countries, focusing more on institutional clients.
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December 24, 2014 BY LeapRate Staff
EZTrader gets its CIF license back - official company statement
LeapRate Exclusive.... LeapRate has obtained the official company statement from EZTrader on the withdrawal of its CIF license suspension by CySEC. EZTrader's CIF license was suspended temporarily by Cyprus financial regulator CySEC in late November. CySEC removed EZTrader's suspension yesterday, stating that it has been satisfied that the company complied with the provisions of the Law. The…
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December 23, 2014 BY LeapRate Staff
CySEC withdraws suspension of binary options broker EZTrader.com
Cyprus financial regulator CySEC has withdrawn the suspension of binary options broker EZTrader (via its parent company WGM Services Ltd), and restored its CIF license. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. The company is run by founder and CEO Shimon Citron. Its board of directors includes…
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December 23, 2014 BY LeapRate Staff
ADS Securities VP Sales Fadi Alkhatib leaves to join GKFX as CEO of MENA region
LeapRate Exclusive... LeapRate has learned that Fadi Alkhatib has joined retail forex broker GKFX, to head GKFX's Dubai office and its business generally in the Middle East region. Alkhatib joins from Abu-Dhabi based ADS Securities, where he was VP Sales the past two and a half years. Before his stint at ADS, Alkhatib also worked in senior…
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December 23, 2014 BY LeapRate Staff
IG Group shares top £7 for first time, set all-time high
Shares of UK spreadbetting broker IG Group Holdings plc (LON:IGG) have been on the rise lately, and Monday hit brand new territory. IG shares topped the £7 level for the first time ever during Monday trading on the London Stock Exchange, changing hands as high as £7.09 before settling to close at £7.04, up 2%…
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December 23, 2014 BY LeapRate Staff
SafeCharge acquires pre-paid solutions company 3V for €14.5 million, starts card issuing business
3V allows online shopping without a credit card by delivering prepaid, short-term disposable Visa numbers.
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December 22, 2014 BY LeapRate Staff
Charles-Henri Sabet sells 200,000 LCG shares, stake down to 2.6%
Just a week and a half after purchasing a personal 1,650,000 share stake in the company he already controls, Charles-Henri Sabet has turned around and sold 200,000 of those shares of London Capital Group Holdings plc (LON:LCG). The price of both purchase and sale were identical, at 33 pence per share. Sabet's personal LCG stake…
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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 20, 2014 BY LeapRate Staff
Ontario Securities Commission warns against binary options broker Option.fm
Canadian financial regulator Ontario Securities Commission (OSC) has issued a warning regarding binary options broker Option.fm. Option.fm is owned by B. O. Technologies Limited, also doing business as Option Financial Markets. According to the OSC, Option.fm is not registered in Ontario, Canada to engage in the business of trading in securities, or advising anyone with respect…
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December 19, 2014 BY LeapRate Staff
EXNESS launches new website: LeapRate Exclusive Interview
Victor Masalov, EXNESS Director of Product Development discusses the new EXNESS website, strategy for growth as well as Russia and the future of retail forex trading.
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