The hot summer months seem to have brought a seasonal cooling in FX trading volumes. Leading off our monthly coverage of activity at leading Retail and Institutional FX platforms, data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw a 12% decline in average daily volumes from…
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The central question nowadays, except for the regulation issues, is whether cryptocurrencies are the answer to the economic problems so many countries are facing. In the summer of 2017, for example, when Bitcoin was trading for around $9,000 on major international exchanges, certain developing countries saw its price rising to almost $14,000. Now, the latest…
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Binance is one of the largest cryptocurrency exchanges in the world. It just completed its first ever acquisition. Binance bought out the mobile wallet firm Trust Wallet. The company is a mobile app that is essentially an Ethereum wallet that supports Ethereum, ERC20, ERC223 and ERC721. As of now, Binance has not disclosed the amount…
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Divisa UK Limited, trading as Divisa Capital and which also operates the Equiti.com retail FX brand in the UK and EU, has announced that it has been issued a full-scope IFPRU €730k license by the UK’s Financial Conduct Authority (FCA). Divisa's original license from the FCA was for a Limited License - matched principal broker. Commenting…
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The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has filed a civil enforcement action in the U.S. District Court for the District of Utah against JAFX Ltd. of Sofia, Bulgaria and Kingstown, St. Vincent and the Grenadines. The CFTC Complaint alleges that, from at least September 2016 and continuing to the present, JAFX operates as a…
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Forex and CFD technology solutions provider Spotware Systems has announced the update of cTrader Web Beta to version 3.0. The new version introduces an all-in-one trading experience by bringing together everything needed for successful trading. Commenting on the launch, Panagiotis Charalampous, Head of Community Management at Spotware, stated: Our goal was to equip traders with useful…
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The Cyprus-based developer of Call Center software Antelope Systems has just announced that it is entering the growing market of institutional solutions for MetaTrader 5. Antelope's CRM, Tracking and VOIP systems are combined into one smart interface, enabling brokers to have instant access to all the information required in maximizing their ROI. The comprehensive suite…
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Phillip Capital Inc., a Chicago-based self-clearing futures commission merchant (FCM) and broker dealer, and Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced that Phillip Capital has contracted with Trading Technologies to make the TT futures trading platform available to Phillip Capital’s global client base of professional traders. With…
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Applied Blockchain, the UK developer of distributed ledger technology and smart contracts, has just announced the opening of an office in Porto – its first non-UK office – to further strengthen its blockchain development and to fulfill the growing demand from clients internationally. Set up in 2015, Applied Blockchain supports leading organisations across multiple sectors…
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The Arizona State University Blockchain Research Lab and Dash, a digital currency for payments and e-commerce, have released new research that highlights some of the scaling challenges and potential opportunities for the Dash blockchain. Titled “Block Propagation Applied to Nakamoto Networks,” the paper discusses the results of different scaling solution scenario simulations for the Dash…
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