Moscow Exchange (MOEX) has just released its market report for the month of December. Total trading volume across Moscow Exchange`s markets in December was RUB 71.5 trln - number goes up from November's RUB 70.4 trln. The number of trading days in December 2017 was 21 (versus 22 trading days in December 2016). In 2017,…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced the planned retirement of its Executive Vice President, General Counsel and Corporate Secretary Joanne Moffic-Silver (featured image), after 37 years of service to the company, on February 28, 2018. Cboe plans to promote Patrick Sexton, currently Deputy General Counsel, to Executive Vice President, General Counsel and Corporate…
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London-based Prime of Prime brokerage, Stater Global Markets announced that it has added MetaTrader 5 to its platform options for clients. The FCA regulated firm now offers clients the choice of Integral, Currenex, FlexTrade, PrimeXM, MetaTrader 4 and MetaTrader 5. According to Ramy Soliman, CEO, Stater Global Markets: Brokers are increasingly wanting to offer multi-asset…
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Travelex, a global foreign exchange and money transfer specialist, announced that Gareth Williams, currently Global HR Director, is to take on the newly created role of Chief Innovation and Transformation Officer in addition to his current mandate. In his new role, Williams' responsibilities will extend to include developing the innovation and transformation plan for Travelex,…
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Continuing its international expansion and clear plans to grow in Europe, China based Retail FX brokerage group TigerWit has announced that it has acquired Mercor Index, the UK based and FCA regulated broker set up by longtime London Capital Group Holdings plc (LON:LCG) CEO Simon Denham. Mr. Denham set up Mercor Index in 2015 after Charles-Henri…
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The Securities and Futures Commission (SFC) announced that it has reprimanded and fined EFG Bank AG (EFG Bank) $2 million for dealing in futures contracts without the required registration. The SFC found that between 1 April 2003 and 22 November 2016, EFG Bank executed 139 transactions in offshore listed index options for 11 clients without…
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The following article was written by Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. Blockchain technology is probably the biggest buzzword of 2017, and…
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The Securities and Exchange Commission (SEC) has named Richard R. Best as Regional Director of its Atlanta office. Mr. Best will succeed Walter Jospin, who is leaving the agency at the end of this month. For the past two-and-a-half years, Mr. Best has served as Director of the SEC’s Salt Lake office, where he supervises…
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Broker technology and platform solutions provider Leverate has reported that over the course of 2017, trading volume for the Bitcoin-US Dollar currency pair BTCUSD grew exponentially, eventually superseding the volume of all other individual forex pairs at brokers running its platform. Furthermore, this growth of interest in Bitcoin CFDs has contributed to increasing the cumulative…
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The Board of the Cyprus Securities and Exchange Commission (CySEC) has just informed that, at its meeting held on 13 November 2017, decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov. Mr. Krymov is a shareholder of Skopelino Finance Ltd at the time (now Concorde Investments Ltd). His fine is due to…
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