Category: Financial Services

SFC fines
May 23, 2017 BY LeapRate Staff

Andrew Kurzbard and Guardian Asset Group hit with $1 million fine for illegal transactions with retail customers

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida entered a Consent Order against Guardian Asset Group, LLC (Guardian) of West Palm Beach, Florida, and its owner and principal, Andrew Kurzbard, with a last-known address in Hacksneck, Virginia, finding…

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May 23, 2017 BY Valentina Kirilova

Provisional liquidators appointed to Diploma Group Limited and its subsidiaries

Justice McKerracher of the Federal Court of Australia has lifted an earlier stay on the appointment of David Hodgson and Andrew Hewitt, of Grant Thornton, as provisional liquidators to ASX-listed Diploma Group Limited (Receivers and Managers Appointed) (Administrators Appointed) and its subsidiaries following an application by ASIC, the Australian regulator announced earlier today. The subsidiaries…

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May 23, 2017 BY Valentina Kirilova

Deutsche Börse becomes financial centre partner of football club Eintracht Frankfurt

Deutsche Börse announced that is now financial centre partner of national league football club Eintracht Frankfurt, having signed an agreement with Eintracht Frankfurt Fußball AG. This step marks the start of a premium partnership between Eintracht Frankfurt and Deutsche Börse focussing on commitment to a region that both firms have been instrumental in shaping –…

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May 23, 2017 BY Valentina Kirilova

Chinese investors get access to MOEX Russian market data

Moscow Exchange (MOEX) just announced that as of 23 May 2017, clients of China's top four financial information vendors, Great Wisdom, Wind, East Money and Emoney, have started to receive MOEX's real-time market data. The clients now receive online information on MOEX's main benchmarks (MICEX and RTS Indexes). The data range will be extended to…

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Shenzhen Stock Exchange publicly denounces Changsheng Bio-technology
May 23, 2017 BY Valentina Kirilova

Shenzhen Stock Exchange releases guideline for information disclosure of civil engineering to deepen industry regulation

In order to further regulate the information disclosure of listed companies engaging in civil engineering and construction industry, Shenzhen Stock Exchange (SZSE) has recently formulated and released the No. 7 Guideline of Shenzhen Stock Exchange for Industry Information Disclosure of Listed Companies Engaging in Civil Engineering and Construction Business. In recently years, SZSE has been…

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May 23, 2017 BY Valentina Kirilova

Colt to offer new low-latency network route between stock exchanges in Tokyo and Chicago

Colt Technology Services has announced newly optimised low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange, which will be available from May 23, 2017. Connectivity will be provided through the company's private Ethernet-based Colt IQ Network. Latency between Tokyo and Chicago will reach a speed of 121.07ms between each endpoint after…

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