Valentina Kirilova
LeapRate Analyst

Experienced independent writer and journalist with a demonstrated history of working in the global online trading sector.
October 13, 2016 BY Valentina Kirilova

CFTC Releases Rule Enforcement Review of the New York Mercantile Exchange, Inc. and the Commodity Exchange, Inc.

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has announced that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or exchanges). The review, which covered a one-year target period, evaluated the exchanges’ market surveillance programs and…

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October 13, 2016 BY Valentina Kirilova

Wells Fargo new CEO Tim Sloan faces immediate test

Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, has departed on Wednesday. San Francisco-based Wells Fargo said Stumpf, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan. The bank is splitting the role of chairman and CEO with Stephen Sanger, its lead director, becoming…

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October 13, 2016 BY Valentina Kirilova

HKEX and SZSE kick off international roadshows for Shenzhen-Hong Kong Stock Connect

Hong Kong Exchanges and Clearing Limited (HKEX) and Shenzhen Stock Exchange (SZSE) have kicked off a series of international roadshows to promote Shenzhen-Hong Kong Stock Connect (Shenzhen Connect) with an event in Hong Kong. Today's event was highlighted by opening addresses from HKEX Chief Executive Charles Li and SZSE Chairman Wu Lijun. Representatives from HKEX,…

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October 13, 2016 BY Valentina Kirilova

SFC commences cybersecurity review on brokers’ internet and mobile trading systems

The Securities and Futures Commission (SFC) has launched a review to assess the cybersecurity preparedness, compliance and resilience of brokers’ internet and mobile trading systems. The review followed a number of reports from securities brokers that the security of some customers’ internet and mobile trading accounts has been compromised and unauthorized securities trading transactions were…

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October 13, 2016 BY Valentina Kirilova

FCA warns on Farnhams Consulting Group firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Farnhams Consulting Group. Farnhams Consulting Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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October 13, 2016 BY Valentina Kirilova

Shop Apotheke Europe N.V. IPO listed on Frankfurt Stock Exchange

Shop Apotheke Europe N.V. (ISIN: NL0012044747) has been listed in the Prime Standard of the Frankfurt Stock Exchange since today. The total issue volume was approximately €115 million. The initial listing price was €30.05 and the issue price €28.00. The IPO was run by Berenberg, Citigroup und Commerzbank, with Berenberg as designated sponsor on Xetra…

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October 13, 2016 BY Valentina Kirilova

FCA warns on clone firm of Flexy Finance

The UK Financial Conduct Authority has put out details of the cloned firm Flexy Finance. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…

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October 13, 2016 BY Valentina Kirilova

CFH Clearing chosen by Japan's efx Securities Co. for rollout of ClearWeb, NetStation and NetDania mobile platforms

Japan’s retail broker efx Securities Co., Ltd. has partnered with CFH Clearing to offer ClearWeb, NetStation and NetDania Mobile to clients. The rapidly growing brokerage has customised the front-end trading solutions and re-branded the platforms ClearStation. The platforms, which include Japanese translations, go live this month. Maki Usami, President of efx Securities Co. commented: By co-operating with CFH…

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October 13, 2016 BY Valentina Kirilova

Four trading venues establish Electronic Debt Markets Association (EDMA Europe)

The electronic trading platforms BrokerTec Europe Ltd, MarketAxess Europe Limited, MTS Group and Tradeweb Europe Limited, have announced the launch of the Electronic Debt Markets Association Europe (EDMA Europe). EDMA Europe was created to represent the interests of companies whose primary business is the operation of regulated electronic fixed income trading venues in Europe. EDMA Europe will…

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October 13, 2016 BY Valentina Kirilova

FCA warns on Federated Mutual Insurance UK firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Federated Mutual Insurance UK. Federated Mutual Insurance UK is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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