It looks like Saxo Bank's new ownership group has its work cut out. Continuing a very disturbing trend, trading volumes at Copenhagen based Retail FX broker Saxo Bank declined for the fourth consecutive month in September 2018, dropping to their lowest level since 2015. Saxo's all-important FX trading volumes - which account for more than…
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KB TECH, a UK based software development company providing data management products to the trading, pension and financial markets, has announced that its trading platform, KB Trading Portal™ will go live at the NOREXECO Exchange on 1st October 2018. NOREXECO (NXE) is a regulated commodity exchange (MIC:NEXO) offering trading in cash settled financial futures, specializing…
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ECN platform solutions provider Fortex Inc. has announced today that DMA/STP broker Tier1FX now offers Crypto CFD trading on the Fortex platform. The most popular crypto currencies—Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple—are now available to trade as CFD, and clients can jump in to this innovative and volatile market using the Fortex technology. Albert…
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FTSE Russell, the global index, data and analytics provider, has launched a new Shariah-compliant index tracking companies listed on the Singapore Exchange (SGX). The FTSE ST Singapore Shariah Index has been designed to track Shariah-compliant companies listed on SGX and can used as the basis of investment products. Independent screening is carried out by Yasaar…
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Global financial technology and social trading group ayondo Ltd and Huanying International Limited (“Huanying”) have informed that they are establishing a collaboration through a white label agreement to grow trading opportunities for Huanying’s clients in Asia, and in particular, China (the “Collaboration”). It is envisaged that under the Collaboration, ayondo and Huanying will partner to…
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Advanced Markets Ltd, Australian Financial Services Licensee providing Institutional Liquidity as well as Prime of Prime services, has just announced that it has officially signed a statement of commitment to the FX Global Code of Conduct (the Global Code). Other companies recently signed up to the Code of Conduct include UK online trading leader IG Group Holdings plc…
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LeapRate Exclusive... LeapRate has learned that Silicon Valley based cloud-based eFX platform company Integral has made its second significant hire in as many months, adding Lars Olesen as the company's new Head of EMEA. Lars Olesen is currently working on a consulting basis, and will formally join Integral in November after completing garden leave. He…
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With the cryptocurrency boom, it is no wonder that the 2020 Olympic Games can have their own official digital payment, recognized by all participants and countries. The cryptocurrency that can make history is none other but Ripple. The person who has started a petition on Change.org is Ken Takahashi, a Japanese former professional baseball player.…
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The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) have just informed that they have today signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. The signing of this arrangement with ASIC advances our mutual interest…
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BME has just presented its three-year Strategic Plan to the market during its first Investor Day, aimed at diversifying its revenues, accelerating growth and maintaining shareholder profitability. New growth path supported by a solid management model, the strengthening of the business areas and inorganic growth The pillars of the new Plan are diversification and customer…
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