LeapRate Exclusive... LeapRate has learned via regulatory filings made in the US and the UK that New York based global investment bank Morgan Stanley (NYSE:MS) has become one of the largest shareholders of Playtech PLC (LON:PTEC), taking a 5.1% position in the company. Playtech is one of the world's leaders in providing software and systems to the…
Read more
LeapRate Exclusive… LeapRate has learned via regulatory filings that global investment bank Morgan Stanley (NYSE:MS) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 7.82%, up from 6.5% in mid February and 2.4% as at the end of last year. Plus500 shares, and those of other leading UK online brokers including IG Group…
Read more
LeapRate Exclusive... It looks like a number of heavy hitters are betting on a comeback in the share price of CFD broker Plus500 Ltd (LON:PLUS). Plus500 shares, and those of other leading UK online brokers including IG Group Holdings plc (LON:IGG) and CMC Markets Plc (LON:CMCX), were hit hard late last year following new proposed rules unveiled…
Read more
The U.S. Securities and Exchange Commission has announced that the Morgan Stanley Smith Barney unit of investment bank Morgan Stanley (NYSE:MS) has agreed to pay an $8 million penalty and admit wrongdoing to settle charges related to single inverse ETF investments it recommended to advisory clients. The SEC’s order finds that Morgan Stanley did not…
Read more
The U.S. Securities and Exchange Commission has announced that the Morgan Stanley Smith Barney unit of global investment bank Morgan Stanley (NYSE:MS), and the Citigroup Global Markets division of banking giant Citigroup Inc (NYSE:C), have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a…
Read more
LeapRate Exclusive... It looks like a number of heavy hitters are betting on a comeback in the share price of CFD broker Plus500 Ltd (LON:PLUS). Plus500 shares, and those of other leading UK online brokers including IG Group Holdings plc (LON:IGG) and CMC Markets Plc (LON:CMCX), were hit hard last month following new proposed rules unveiled…
Read more
The U.S. Securities and Exchange Commission today announced that the Morgan Stanley Smith Barney unit of global investment bank Morgan Stanley (NYSE:MS) has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm also violated the custody rule pertaining…
Read more
Institutional FX execution services and data analytics company Cürex Group announced today two senior hirings to its management ranks. Ron Papka (pictured above) has been named a Managing Director focusing on the development of data analytics and trading tools. Justin Brill has also joined Cürex as a Managing Director, focusing on business development. Cürex Group also recently…
Read moreFinancial technology provider Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that it has appointed Edings Thibault as Vice President and Head of Investor Relations. Mr. Thibault joins Broadridge from MSCI Inc (NYSE:MSCI), a provider of financial data and technology services, where he was also Head of Investor Relations and, most recently, Global Head of Business Intelligence.…
Read moreGlobal commodities broker Marex Spectron has continued to build its presence in Asia with the appointment of Matthew France (pictured at left) as Head of Institutional Sales, Metals, in Asia. Matthew France joins Marex Spectron from Morgan Stanley (YSE:MS) where he was an Executive Director managing the firm’s Asian Metals business. Reporting into the Global Head…
Read more