Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
October 19, 2016 BY Valentina Kirilova

Securities Commission Malaysia files civil suit against Dato’ Sreesanthan Eliathamby for insider trading

Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against Dato’ Sreesanthan Eliathamby for insider trading involving the shares of Worldwide Holdings Bhd (Worldwide). In the claim filed on 12 October 2016, SC claimed that Dato’ Sreesanthan had breached section 89E(2)(a) of the Securities Industry Act 1983 (SIA), where…

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October 19, 2016 BY Valentina Kirilova

Shanghai Futures Exchange launches new market surveillance platform powered by Nasdaq’s SMARTS

Nasdaq (Nasdaq:NDAQ) has announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. Ulf Carlsson, Vice President and Regional Manager, North Asia and Japan, Nasdaq, said: We are truly honored to be working with Shanghai Futures Exchange on…

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October 19, 2016 BY Valentina Kirilova

Former Equititrust CEO remains permanently banned from providing financial services

Mr Mark McIvor, former chief executive officer and founding director of Equititrust Limited (in liquidation) remains permanently banned from providing financial services after withdrawing an application to the Administrative Appeals Tribunal (AAT) to appeal against ASIC's original banning decision. Mr McIvor has been permanently banned from providing financial services on 2 September 2015 following an earlier…

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October 18, 2016 BY Valentina Kirilova

CBOE Vest launches CBOE Vest Defined Distribution Strategy Fund (VDDIX)

CBOE Vest, an investment manager focused on Target Outcome Investment strategies, has announced it has launched the CBOE Vest Defined Distribution Strategy Fund (VDDIX). VDDIX seeks to generate consistent monthly distributions, non-correlated to equity or bond markets, of 5.25% annualized over the one-month Treasury yield, before fees and expenses, while preserving capital over the long term.…

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October 18, 2016 BY Valentina Kirilova

Netflix stock jumps over 20% on big earnings beat

Netflix's (NASDAQ: NFLX) stock surged 20% after hours on Monday as original hit shows like Stranger Things and Narcos helped the streaming video company crush Wall Street expectations. Netflix beat on both international and domestic subscriber additions by a hefty margin, as well as on EPS. Netflix's revenue was roughly in line with Wall Street…

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October 18, 2016 BY Valentina Kirilova

IbanFirst raises €10M to become the new online financial service platform for SMEs

Fintech company IbanFirst, specialized in international payments with real-time exchange rate access, raises €10 Million announcing their next growth phase as well as new innovative online financial services for SMEs, available in Banking-as-a-Service (BaaS) mode. With BaaS, IbanFirst can bring together all Fintech companies under one single web platform to provide the day to day financial…

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October 18, 2016 BY Valentina Kirilova

LMAX plans move to Ireland if UK MiFID financial passorting removed in Brexit

LMAX Exchange, UK technology firm and an FCA regulated multilateral trading facility (MTF) for FX trading, plans to be regulated in Ireland unless the British government preserves the EU single market passporting rights for the financial services industry. LeapRate recently shared an article, indicating that the EU powers are going to take a hard stance on enacting a Hard Brexit, including…

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October 18, 2016 BY Valentina Kirilova

SIX Swiss Exchange launches mid-point pricing service

As part of SWXess Maintenance Release (SMR6), SIX Swiss Exchange has launched SIX Swiss Exchange At Midpoint (SwissAtMid). This new service allows execution of Swiss equities in a non-displayed pool at the mid-point of its lit order book. SwissAtMid provides trading participants with significant price improvements in all Blue Chips as well as Mid and…

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October 18, 2016 BY Valentina Kirilova

OzForex group’s OFX rolls out integration with cloud accounting software Xero

International payments provider OFX has announced the roll-out of its integration with Xero, the cloud accounting software for small businesses, in the UK and New Zealand. The integration makes overseas payments easier for Xero’s small business customers in the UK and New Zealand, who will be able to take advantage of quick international batch payments at competitive…

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