January 14, 2015 BY LeapRate Staff

SEC sets rules to increase transparency in the Swap market

The US Securities and Exchange Commission (SEC) today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data.  The SEC also proposed certain additional rules, rule amendments and guidance related to the reporting and…

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January 11, 2015 BY LeapRate Staff

Iberia and Ryanair to the rescue of Cyprus Airways?

Further to our earlier post regarding the closure of Cyprus Airways, LeapRate has learned that serious discussions are taking place to save Cyprus' national air carrier. The latest we've heard is that both discount carrier Ryanair and Spanish carrier Iberia are both involved. The proposed deal would transfer ownership of Cyprus Airways from the Cypriot…

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January 11, 2015 BY LeapRate Staff

Plus500 shares hit eight month high after Numis buy rating

Shares of CFD broker Plus500 Ltd (LON:PLUS) hit their highest level since last May on Friday, following a positive research note issued by an investment analyst at UK brokerage Numis Securities. Plus500 shares rose as high as £6.30 during Friday's trading session, settling to close at £6.19 - their highest closing price since May 14…

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January 10, 2015 BY LeapRate Staff

Ontario Securities Commission issues warning re FXDD Malta

Canadian financial regulator Ontario Securities Commission (OSC) has issued a warning regarding retail forex broker FXDD Malta Ltd. According to the OSC, FXDD Malta is not registered in Ontario, Canada to engage in the business of  trading in securities or advising anyone with respect to investing in, buying or selling securities. We would note that FXDD does…

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January 08, 2015 BY LeapRate Staff

Gain Capital CMO Samantha Roady gets $1.2M in GCAP stock, sells $380K

In an SEC filing Gain Capital Holdings Inc (NYSE:GCAP) has indicated that its CMO Samantha Roady, who technically holds the title of Chief Commercial Officer, recently received a grant totaling  more than 131,000 GCAP shares worth about $1.2 million. After receiving the grant, Roady sold 42,000 of the shares on January 5 and 6, pocketing more than…

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