Retail FX broker FXCM continued its strong start to 2018, although March wasn't quite as good as January or February. FXCM reported client trading volumes of $210 billion for March 2018, 12% below February's $239 billion. Keeping in mind, however, that January and February were FXCM's best months since the February 2017 crisis which saw FXCM exit the…
Read moreAbel Noser Holdings, LLC has announced that it is acquiring Zeno Consulting Group, LLC in a transaction pairing two providers of best execution analysis, regulatory and trade surveillance services. Zeno brings with it over three decades of experience in helping asset owners manage and control equity, fixed income and FX trading costs. We are thrilled…
Read moreThe Financial Conduct Authority (FCA) has informed that it has today published the latest step in its response to the concerns identified through its asset management market study. This is part of a package of remedies to ensure fund managers compete on the value they deliver, and act in the interests of the millions who…
Read moreStarting on April 1, the international broker Just2Trade (branded in Russia as Finam) began its cooperation with Genesis Vision, a platform for the private trust management based on blockchain and smart contracts. This decision opens major opportunities for the participants in this cooperation. Genesis Vision users will gain access to cutting-edge trading platforms and a…
Read moreSIX Exchange Regulation announced that it has reached an agreement with HOCHDORF Holding AG in connection with a breach of the accounting standards (Swiss GAAP FER) in the 2017 interim financial statements. The identified deficiencies relate to the treatment of a mandatory convertible bond. As part of the agreement, the company has committed itself to…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Absolute Capital Returns. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read moreCLS, a market infrastructure group delivering settlement, processing and data solutions, and NEX (LON:NXG), a financial technology company at the centre of the global markets, announced today that they are extending the triReduce CLS FX service to third parties. Banks, funds, non-bank financial institutions and multinational corporations that settle in CLSSettlement through a settlement member…
Read moreTradeStation Securities, Inc., a fully owned subsidiary of Monex Group, Inc. (TYO:8698), and ClickIPO Securities, LLC have just announced that are making the ClickIPO platform available to eligible TradeStation clients so they may gain access to ClickIPO’s marketplace of initial public offerings, secondary offerings and follow-on offerings (collectively, “Public Offerings”). The ClickIPO app for iOS…
Read moreSirin Labs and FIH Mobile have just announced that they will debut the design and manufacturing of FINNEY™, the world’s first blockchain-based smartphone. In December of 2017, Sirin Labs raised $157.8M for the development of the FINNEY™ family of consumer devices, which will include a smartphone and all-in-one PC. FINNEY™ devices are embedded with a…
Read moreThe Securities Commission Malaysia (SC) has announced that Prime Minister Y.A.B Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak in his capacity as Minister of Finance has appointed Datuk Zainal Izlan Zainal Abidin as the SC’s new Deputy Chief Executive (DCE) which takes effect from 5 April 2018. Datuk Zainal Izlan replaces Dato’ Ahmad…
Read more