Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
December 07, 2016 BY Valentina Kirilova

Firm settles charges for selling unregistered swaps involving pre-IPO companies

The Securities and Exchange Commission (SEC) announced that a San Francisco-based firm agreed to settle charges that it violated federal securities laws by failing to register security-based swaps that were offered and sold online to shareholders in pre-IPO companies. The SEC instituted an order finding that Equidate Inc. sought to provide liquidity for employees of…

Read more
December 07, 2016 BY Valentina Kirilova

ASIC updates takeovers guidance on minimum bid price rule

ASIC has today reissued its regulatory guide on takeover bids to incorporate updated guidance on the minimum bid price rule in s621(3) of the Corporations Act. The rewrite of our previous guidance on the rule is designed to make it clearer and easier to use. There are no significant changes to the underlying policy. Regulatory…

Read more
December 06, 2016 BY Valentina Kirilova

Prologue Risk Manager helps financial institutions streamline and simplify risk management and compliance

Fiserv, Inc. (NASDAQ: FISV) announced today the availability of Prologue™ Risk Manager. By aggregating insights from all factors that drive an institution's risk profile, Prologue Risk Manager provides comprehensive and accurate risk measurement for easier decisions. The solution provides financial institutions with an integrated risk management framework to improve financial performance. There are many types…

Read more
December 06, 2016 BY Valentina Kirilova

ICAP changeover to NEX should be completed by December 30

Further to the announcements by markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) on 11 November 2015 and subsequently relating to ICAP's disposal of its global hybrid voice broking and information business to Tullett Prebon plc (LON:TLPR), including ICAP's associated technology and broking platforms and certain of ICAP's joint…

Read more
December 06, 2016 BY Valentina Kirilova

Ugly day for spread betters, shares plunge more than 30pc after FCA's announcement

Ouch! Financial spread betting companies are getting hammered really hard today after the FCA proposed stricter rules for CFD trading. CFDs, including spread bets and rolling spot foreign exchange products, are agreements between two parties to exchange the difference between the opening price and closing price of a contract. London-listed spread betters plunged by around…

Read more
December 06, 2016 BY Valentina Kirilova

Dubai Exchange with record volumes on its 11th anniversary

Dubai Gold & Commodities Exchange (DGCX) celebrated its 11th anniversary on November 21, 2016, delivering a stellar year-to-date growth of 38%, trading over 18.3 million contracts. Strong Open Interest and growth across its asset classes contributed to this month’s success with monthly overall Open Interest aggregating at 546,999 contracts valued at US$ 8.33 billion. The…

Read more
December 06, 2016 BY Valentina Kirilova

CESC present new Stock Connect Information portal

China Exchanges Services Company Limited (CESC) rolled out the new Stock Connect Information portal today that provides a convenient gateway to access Stock Connect information for various market participants. CESC Portal is a consolidated page with data related to Northbound and Southbound trading under Stock Connect, including searchable company announcements and company profiles. CESC Chief…

Read more
Hong Kong SFC
December 06, 2016 BY Valentina Kirilova

SFC commences MMT proceedings over alleged insider dealing in Titan Petrochemicals Group Ltd shares

The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Mr Augustine Cheong Kai Tjieh, a former senior executive of an affiliate of Titan Petrochemicals Group Limited, and his mother Ms Gan Ser Soon, for alleged insider dealing in Titan shares in 2012. The SFC alleges that Cheong and…

Read more