The company reported that VT Markets Pty Ltd possesses the most advanced technologies of the group and will make major breakthroughs in all aspects of mobile network applications, online transactions, trading communities and intelligent transactions. According to these reports, VT Markets will launch their state-of-the-art mobile trading App in May 2018. As was also exclusively…
Read moreAustralian regulator ASIC announced today that it has modernised and updated its regulatory guidance on the licensing regime for financial markets. Regulatory Guide 172 Financial markets: Domestic and overseas operators (RG 172) introduces a two-tiered market licence regime, applying a risk-based assessment. The new approach has been facilitated by legislative changes, made by the Government…
Read moreShenzhen Stock Exchange (SZSE) and Shanghai Stock Exchange (SSE) announced that as a Consortium have recently won the bid for 25% stake in Dhaka Stock Exchange (DSE) of Bangladesh. The proposal for the deal has been approved by regulators of both countries. In the spirit of sincerity, practicality, cooperation and mutual benefit, the Consortium developed…
Read moreIntercontinental Exchange (NYSE: ICE), the operator of global exchanges and clearing houses and provider of data and listing services, has reported financial results for the first quarter of 2018. For the quarter ended March 31, 2018, consolidated net income attributable to ICE was $464 million on $1.2 billion of consolidated revenues less transaction-based expenses. First…
Read moreFCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has announced that it will be offering its eligible existing and new clients the opportunity to switch to its new CMC Pro account. Following the recent announcement by the European Securities and Markets Authority (ESMA), retail clients will no longer be able to trade using…
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Continuing a very strong start to the year in which it saw more than a trillion dollars of trading volumes in Q1, FCA and CySEC licensed Retail FX broker Exness has reported that April client volumes came in at $364.3 billion. April volumes were actually down 3% from March's record $375.4 billion, but still represent…
Read moreMizuho Americas announced that Susan Gilbertson has been named Director of US Equity Research for Mizuho Securities USA. In this role, she will be responsible for driving the quality of the research product and managing the continued growth of the firm’s coverage universe. She will report to Matthew DeSalvo, Head of Equities. Gilbertson has more…
Read moreFor the second month in a row, it looks like Forex and multi-asset trading volumes have fallen by more than 20% at Copenhagen based Retail FX broker Saxo Bank. After reporting record volumes in February, total volumes fell by 23% in March and now again by another 21% in April at Saxo Bank. For April,…
Read moreThe Autorité des marchés financiers (AMF) has been warning and protecting savers with regard to the dangers of highly-speculative trading for several years now. Its legal action since 2014 to block access in France to illegal websites has resulted in the closure of 138 addresses. Faced with the expansion of proposed Forex and binary option…
Read moreShyft, a company redefining the KYC/AML infrastructure for the global economy, has just published its whitepaper outlining the blockchain framework for the standardization of regulatory, compliance and due diligence mandates for Know Your Customer (KYC) and Anti-Money Laundering (AML). According to surveys from Thomson Reuters’ KYC business unit, firms with greater than $10 billion USD…
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