Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
July 14, 2016 BY Valentina Kirilova

Orbex in Educational Partnership with Italian LUM University

After expanding its cooperation with Trading Central several months ago, CySEC regulated Forex brokerage Orbex has announced a strategic partnership with LUM Jean Monnet University, an Italian private university, known worldwide and highly regarded as a centre for economic education. The partnership will combine Orbex’ expertise in trading solutions and market analysis with LUM’s advanced scientific approach…

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July 14, 2016 BY Valentina Kirilova

Bank of England Maintains Bank Rate at 0.5% and the Size of the Asset Purchase Programme at £375 Billion

What happened during the Monetary Policy Committee meeting Financial markets have reacted sharply to the United Kingdom’s vote to leave the European Union. Since the Committee’s previous meeting, the sterling effective exchange rate has fallen by 6%, and short-term and longer-term interest rates have declined. Reflecting the fall in the level of sterling, financial market…

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July 14, 2016 BY Valentina Kirilova

CySEC starts a Web Portal for Regulated Firms

Cyprus financial regulator CySEC has commenced its Web Portal (Portal) through which the Regulated Entities can submit digitally signed documents/forms/letters to the Commission. It is expected that the cost of printing and storing the physical documents will be eliminated since it will no longer be required to be submitted using this format. The purpose of the…

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July 14, 2016 BY Valentina Kirilova

TriOptima and CLS win FX Week Best Post-Trade Services Provider award

The post-trade infrastructure provider TriOptima has announced that it and financial services company CLS have won the FX Week Best Post-Trade Services Provider award. The publication pronounced that as regulatory programs started, costs became an important factor for decisions and market structure development trends, and as a result of these changes, the CLS-TriOptima partnership launched…

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July 14, 2016 BY Valentina Kirilova

Federal court overturns ASIC case against Prime Trust directors

In an expensive rebuff for the corporate regulator, the Full Court of the Federal Court has overturned findings of liability and penalties against former federal health minister Michael Wooldridge and other directors of the collapsed investment company Prime Retirement and Aged Care Property Trust (Prime Trust). The complex case centred not on the 2010 collapse itself…

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July 14, 2016 BY Valentina Kirilova

Deutsche Börse announces Unscheduled adjustment in DAX

Deutsche Börse announced an unscheduled change to DAX. As a result of the expected merger of Deutsche Börse AG and London Stock Exchange plc, the Deutsche Börse AG current share class (ISIN DE0005810055) in the index will be replaced with the tendered share class of Deutsche Börse AG (ISIN DE000A2AA253). These changes will become effective…

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July 14, 2016 BY Valentina Kirilova

ASIC reports on review of due diligence practices in IPOs

An ASIC review of issuer due diligence in initial public offerings (IPO), has found a close correlation between defective disclosure in a prospectus and poor due diligence. Due diligence practices in initial public offerings includes this and other findings and provides ASIC's recommendations for good practice due diligence for issuers and directors. In the context…

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