April 18, 2016 BY Maria Nikolova

China's securities regulator urges additional investor protection

Liu Shiyu, chairman of China Securities Regulatory Commission (CSRC), has called for extra investor protection. According to Xinhua, he made the appeal at a symposium held with securities and fund firms in Shenzhen on Saturday. "Institutions should put more emphasis on the protection of investors' legitimate rights and contribute to the healthy development of the…

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April 15, 2016 BY Maria Nikolova

Alpari's Forex turnover stays roughly unchanged in March 2016

Retail FX broker Alpari Limited has earlier today published its operating metrics for March 2016, with the trading volumes staying virtually unchanged from February 2016 levels. A slight month-on-month change can be seen as a good result, given the steep drop in volumes that many FX companies reported for March 2016. Alpari's trading turnover amounted to…

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April 15, 2016 BY Maria Nikolova

Exness cautions partners about server interruptions due to DDoS attacks

A follow-up to LeapRate's report about DDoS attacks affecting Exness' services... In an email today, the retail FX broker addressed its partners warning of them a temporary server interruption due to DDoS. The first problems emerged last week, affecting the company's website, whereas another attack targeted the broker's trading servers. The company stresses that the personal…

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April 15, 2016 BY Maria Nikolova

MahiFX redesigns website, focusing on e-FX Engine Room

MahiFX, a brokerage with licenses in Australia and New Zealand, has presented its clients with a new and sleek website design. Visitors of the corporate website (mahifx.com) are now greeted with a much cleaner view of the broker's offering, with the stress on MahiFX's e-FX Engine Room - a range of products that have been…

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April 15, 2016 BY Maria Nikolova

Bats Global Markets announces IPO price of $19.00 per share

A follow-up to LeapRate's earlier report about Bats Global Markets, Inc. planning an initial public offering on the Bats BZX Exchange... Bats today announced the pricing of its IPO at a price to the public of $19.00 per share – this is the upper end of previously forecast range of $17.00 - $19.00 per share. The…

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April 15, 2016 BY Maria Nikolova

FCA publishes paper indicating HFTs do not prey on other market participants

The UK Financial Conduct Authority (FCA) today published an Occasional Paper, dedicated to high-frequency trading (HFT) and examining whether high-frequency traders (HFTs) prey on other market participants. The paper, authored by Matteo Aquilina and Carla Ysusi, both working in the Chief Economist’s Department of the Financial Conduct Authority, examines claims that HFTs can predict when…

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April 15, 2016 BY Maria Nikolova

Russia's National Financial Association re-elects Eddie Astanin to Board of Directors

Eddie Astanin, Chairman of the Executive Board of Russia's National Settlement Depository, part of the Moscow Exchange group of companies, has been re-elected to the Board of Directors of the self-regulated non-commercial organization, the National Financial Association. The re-election was made in accordance with a resolution passed at the annual general shareholder meeting of the National Financial…

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April 15, 2016 BY Maria Nikolova

RoboForex shifts oil CFD positions to “Close Only” mode

Retail FX broker RoboForex is changing the trading conditions for positions in CFDs on oil, due to expected low liquidity around the oil producers summit in Doha on April 17, 2016. Trading in Brent and WTI instruments will only be allowed in "Close Only" mode, effective 12:00 PM server time, Friday April 15th. The company…

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April 15, 2016 BY Maria Nikolova

ESMA announces first EU-wide stress test exercise for CCPs

The European Securities and Markets Authority (ESMA) has scheduled its first European Union-wide stress test exercise regarding Central Counterparties (CCPs) for April 29, 2016. ESMA is mandated to conduct stress tests of CCPs under the European Markets Infrastructure Regulation (EMIR). The stress test gauges the resilience and safety of the European CCP sector and seeks…

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April 15, 2016 BY Maria Nikolova

AAT approves ASIC agreement with promoter of non-existent fund

A follow-up to LeapRate's earlier story about the Australian Investments and Securities Commission (ASIC) banning Paul Duncan, a promoter of 'Exalt Managed Futures Fund', which never actually existed... The Administrative Appeals Tribunal (AAT) has approved an agreement reached between ASIC and Mr Duncan, to ban him from providing financial services. The agreement cuts the term…

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