The Securities and Exchange Commission (SEC) announced that Marc P. Berger has been named Director of the New York Regional Office. He will join the agency in January 2018. Mr. Berger is presently global co-head of Ropes & Gray LLP’s Securities and Futures Enforcement Practice. Before joining Ropes & Gray, Mr. Berger spent 12 years…
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Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has announced the proposed internal corporate re-organisation of the Playtech BGT Sports division ('PBS'). Following the acquisition of Best Gaming Technology GbmH ('BGT') which was announced on 13 July 2016, Playtech established PBS, its new sports division led by Dr Armin Sageder. At the time of…
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LeapRate Exclusive... LeapRate has learned that Matthew Wright has left his CEO position at FCA regulated Retail FX broker Destek Markets, to become CEO of rival broker Capital Index. The move comes less than a year after Mr. Wright was brought in to build a team and run the UK arm of Turkey-based Destek by…
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Dubai Financial Market (DFM) today announced the listing of Bahrain’s Khaleeji Commercial Bank (KHCB), one of the leading Islamic financial institutions in the Kingdom of Bahrain, as trading commenced on the bank’s shares under the trading symbol (KHCB), which appears on DFM screens, trading system and publications within the Banking Sector. This listing further strengthens…
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The New Zealand Stock Exchange Board today announced the appointment of Nigel Babbage as a director. Babbage has more than 30 years’ experience working in financial and capital markets. This includes 18 years abroad where he held executive roles with British Petroleum (now BP) and Citibank, managing the New York currency derivatives desk. In addition…
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Monex, Inc., a subsidiary of Monex Group, Inc. (TYO:8698), just announced that it has started offering the “Partner Account” for couples of diverse sexual orientation and gender identity (LGBT) to save and manage assets together. This is the first Partner Account provided by a major online securities company. Since the fiscal year ending March 2017,…
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FlexTrade today announced the expansion of its EMEA sales team with the hiring of a new Multi-Asset Sales Director, Manuela Bauer. The expansion of the team comes at the end of a successful year of cross-asset innovation for the business. Manuela Bauer will be responsible for further strengthening FlexTrade’s capability in multi-asset class sales. She…
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LCH, a global clearing house, today announced that it has extended its CDSClear platform to include the clearing of credit index options. This addition to LCH’s credit derivatives clearing service follows the launch of CDX high-yield clearing in July 2017. LCH becomes the first CCP to clear credit index options CDSClear launches clearing of credit…
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Continuing our exclusive coverage of the different ways that Retail FX brokers are putting their marketing budgets into sports related sponsorships of all kinds, LeapRate can report that Swiss online trading leader Swissquote Group Holding SA (SWX:SQN) has produced a new promotional video around a theme called 'Wins are Decisions' starring three Manchester United players: David De…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has indicated that it remains one of the largest shareholders of betting and gaming company Ladbrokes Coral Group PLC (LON:LCL), which operates both the Ladbrokes and Coral brands as well as Eurobet, Gala Casino and Betdaq. According…
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