After announcing its best quarter in more than a year last month, retail and institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has today released April trading volumes indicating the company's slowest month of 2018 to date. However, in the big picture we'd also note that volumes remain well above 2017 averages of $206…
Read moreGeneva based Retail FX broker and bank Dukascopy has just announced the opening of its Representative Office in Dubai (DIFC). The establishment of the office in Dubai follows the earlier opening of the Moscow, Hong Kong, Kiev, Kuala Lumpur and Tokyo offices, and is a part of the global expansion strategy of Dukascopy Group. The…
Read moreThe Securities and Exchange Commission (SEC) announced the hedge fund advisory firm Visium Asset Management LP has agreed to settle charges related to asset mismarking and insider trading by its privately managed hedge funds and portfolio managers. Separately, the firm’s CFO agreed to settle charges that he failed to respond appropriately to red flags that…
Read moreState Street Corporation (NYSE: STT) announced today new research, which reveals that more than half (60%) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years. Currently, 52% conduct all of their data management functions in house, however, by 2021, this is expected to fall to 36%…
Read moreUllink, the global provider of connectivity and electronic trading solutions, has announced that Jitneytrade Inc., a direct access broker specializing in active traders, is using UL BRIDGE as its connectivity and pre-trade risk gateway to the Canadian equities market. Canadian regulation required Jitneytrade to have pre-trade risk monitoring of all direct electronic market access. When…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Victordebt Limited. Victordebt Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read moreBotChain, the decentralized bot registration, identification, collaboration, and audit platform, today announced the launch of its protocol built on the Ethereum blockchain. Designed to allow businesses to improve their daily interaction with bots and autonomous software, BotChain looks to lay the groundwork for better tracking and auditing of bots, enhance quality control, and significantly reduce…
Read moreFCA regulated Retail FX and CFDs broker Admiral Markets has just announced that its clients holding MetaTrader 5 accounts are given access to a much greater variety of stocks and share CFDs, as well as exchange-traded funds (ETFs), which have been introduced by the broker for the first time. The new instruments include: Admiral.MT5 account:…
Read moreCopenhagen based Forex and multi asset broker Saxo Bank today announced that Vitali Butbaev will rejoin Saxo Bank in the role as CEO of Central and Eastern Europe. Vitali Butbaev has worked with Saxo Bank for 13 years in previous roles. Vitali Butbaev will report directly to Damian Bunce, CCO of Saxo Bank. In his…
Read moreCommcise, a provider of fully integrated end-to-end commission management, research evaluation and reporting solutions for investment management firms, has announced the on-going deployment of its CommciseBUY research valuation platform at Sloane Robinson, an International long/short equity manager with a particular focus on the Asian, Emerging and Frontier markets. The Commcise functionality used by Sloane Robinson…
Read more