Cboe Global Markets, Inc. (Nasdaq: CBOE) has announced that Cboe bitcoin futures (XBT) began trading exactly as planned at 5:00 p.m. CT on Sunday, December 10, 2017, at the start of Global Trading Hours. The opening price for XBT was $15,000 and 890 contracts were traded by 7:15 p.m. CT. Monday, December 11, will be…
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ANZ Bank New Zealand today announced that it has signed a statement of commitment to the FX Global Code of Conduct, set to come into effect in May 2018. The code is a single set of global principles which define good practice for the wholesale FX market. In signing the statement ANZ has reinforced its…
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The Administrative Appeals Tribunal (AAT) has affirmed ASIC's decision to ban a former financial advisor, Tony Davidof, and former Credit Suisse employee, Philip McLean from providing financial services for three years. ASIC's decision to ban Mr Davidof and Mr McLean followed an ASIC investigation that found both had engaged in manipulation of the price of…
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FCA regulated CFD broker Plus500 Ltd (LON:PLUS) just announced that the Monetary Authority of Singapore has granted Plus500SG Pte. Ltd. a Capital Markets Services license for dealing in securities and leveraged foreign exchange trading. The grant of the Capital Markets Services license reflects the scalability of the Company both from a business and a regulatory…
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Will this help bring France closer to overtaking London as a European financial trading center? Despite taking a very hard line when it comes to advertising and trading of leveraged financial instruments including Forex pairs and CFDs, France is looking to become a blockchain financial center. France's Finance Minister Bruno Le Maire said in a…
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Your Weekly Trading Review by UFX.com – Sunday, December 10th, 2017 These assets kept the market guessing last week. Gold decreased by -0.38%, ending at $1,248.40. Crude Oil increased by +1.18, closing at $57.36 a barrel. The DOW Jones ended the week on a high, closing at a value of 24,329.16. The S&P 500 rose in value,…
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Which FX broker is the latest to get a CySEC CIF license? Which China-backed, FCA-licensed ECN broker launched in London? Why was the FXDD-IronFX merger called off? What major change did Plus500 Ltd (LON:PLUS) make to its Affiliate program? Answers to these questions and more appeared exclusively or first at LeapRate this week. Some of our…
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In one of the most stark examples of "establishment" people jumping on the cryptocurrency bandwagon, former CFTC Commissioner Bart Chilton - one of the most recognizable faces and symbols of financial regulation - revealed this weekend that he is deeply involved in the ICO of a new token called OilCoin. OilCoin plans to launch its ICO…
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Global Brokerage, Inc. (NASDAQ:GLBR), formerly known as FXCM Inc, announced today that it has notified The NASDAQ Stock Market (Nasdaq) of its intention to voluntarily withdraw its Class A common stock, par value $0.01 (the "Common Stock"), from listing on The NASDAQ Capital Market (the "Exchange"). Global Brokerage intends to file a Form 25, Notification…
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The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile…
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