After launching in demo mode last month, Geneva based Retail FX broker Dukascopy has announced that its Chained Option Contracts product has been released for Live trading. Binary traders of Dukascopy Bank and Dukascopy Europe can now use two types of automated trading strategies: Winning and Martingale. Winning is a follow-the-trend strategy, one of the most…
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The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Statoil ASA (NYSE:STO), an international energy company headquartered in Stavanger, Norway. The CFTC Order finds that from as early as October 2011 through November 2011, Statoil attempted to manipulate the Argus Far East Index (FEI) in order to benefit Statoil’s…
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The following article was written by freelance writer Scott Welsh. We're all wasting our time. The market is efficient. All future earnings are already built in. By the time we see any information, the move has already happened. Trading is the most competitive field in the world. And someone once told me, "If there was…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Summary: Developments in Catalonia have finally triggered some volatility, but this is not a systemic disruption. The ECB is leaning to the dovish side which has finally pushed the euro lower. The Fed is…
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Let's begin this article with what we wrote over the weekend when word broke of Global Brokerage Inc (NASDAQ:GLBR) filing for a "Chapter 11" bankruptcy reorganization - this isn't your typical bankruptcy filing. And, the effects of the filing (if any) on Retail FX broker FXCM, in which Global Brokerage holds a 50% interest, have been…
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The Monetary Authority of Singapore (MAS) today announced it has joined the Massachusetts Institute of Technology (MIT) Media Lab in Cambridge, Massachusetts. This collaboration will also help to strengthen Singapore’s talent pool in the FinTech industry, by providing Singapore-based industry professionals and researchers with opportunities to work alongside MIT researchers. Financial institutions and FinTech players…
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Deutsche Börse's International Central Securities Depository Clearstream has just released its volumes report for the month of October. The results can be seen in the table below. New technological developments in the fields of Artificial Intelligence (AI), Big Data, Robotics, Blockchain and the like, as well as the rise of Fintechs have increased the speed…
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Monarques Gold Corporation (CVE:MQR) has announced that it has entered into a custom milling contract with Wallbridge Mining Company Limited (TSX:WM) to process 35,000 tonnes of ore from the Fenelon Gold property, located 75 km west-northwest of Matagami, Quebec, at Monarques' Camflo mill. This second contract signed in recent weeks is a testament to the processing…
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LeapRate Exclusive... LeapRate has learned that emerging markets focused institutional FX broker R5FX has hired Chris de Sibert as its new Global Head of Business Development. Mr. de Sibert joins R5FX after eight years at HSBC in London. For the past four years he has been Managing Director - Foreign Exchange and Commodities Sales at HSBC's Global Banking…
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The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers (Q&As) regarding data reporting under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The purpose of this document is to promote common supervisory approaches and practices in the application of MiFID II and MiFIR in relation to regulatory…
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