Initial price: €30.00 / Investors take advantage of subscription on the exchange Voltabox AG (ISIN: DE000A2E4LE9) was listed in the Prime Standard of the Frankfurt Stock Exchange, Deutsche Börse announced. A total of around 22 million shares were admitted to trading. The initial listing price was €30.00. The issue's lead managers and designated sponsors for…
Read more
After introducing leverage and volume limits for FX brokers that offer trading in CFDs for Bitcoin, Ethereum and other cryptocurrencies, Cyprus financial regulator CySEC has now added a general warning for retail traders on the risks of trading digital / virtual currencies. CySEC called these instruments "highly complex", noting that trading prices of virtual currencies and CFDs…
Read more
CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of September 2017. The average daily traded volume submitted to CLS was USD1.750 trillion up 10.7% from USD1.581 trillion in August 2017. September 2016 August 2017 September 2017 Average daily traded volume…
Read more
ASIC just announced that has accepted an enforceable undertaking (EU) from Sentinel Private Wealth Pty Ltd (SPW) after ASIC found SPW was giving poor financial advice and that client file audits were inadequate. Under the EU, SPW will engage an independent expert to assess, make recommendations and report on SPW's audit framework. The independent expert's…
Read more
Electronic trading network operator NEX Group PLC (LON:NXG) has announced that it is undertaking what it calls a "significant restructure" of its post trade division NEX Optimisation, which will see the departure of CEO Jenny Knott. Jenny Knott joined ICAP, now NEX, in August 2015 with a strategic mandate to transform the company's portfolio of post trade, risk…
Read more
Horizon Software, the global provider of electronic trading and investment management technology, has today announced that Guohai Liangshi Capital Management Co Ltd (GHLS),the subsidiary company of Guohai Futures, has chosen Horizon’s platform for options market making and trading, as well as delta one trading. Guohai Liangshi Capital Management Co Ltd, the subsidiary of Guohai Liangshi…
Read more
LeapRate Exclusive… The integration of Tickmill and Vipro Markets continues. Just several days after we reported exclusively that Retail FX and CFDs broker Tickmill has named Philippos Psyllos as Group CTO, LeapRate has learned that Tickmill has promoted Marilena Iakovou to Group Chief Marketing Officer (CMO). The Cyprus based Ms. Iakovou had joined CySEC regulated…
Read more
Bank of China Hong Kong (BOCHK) has announced that it will be adopting Thomson Reuters Electronic Trading and FXall via the FX Trading (FXT) Platform. BOCHK’s treasury, sales and trading departments will use Thomson Reuters FX solutions to increase access to liquidity, streamline workflows and improve efficiency. FXall and Electronic Trading are available on FXT,…
Read more
Just a week after it announced that it is adding Autochartist automated technical analysis and content, Sydney based FX ECN broker IC Markets has indicated that it is partnering with Melbourne-based Trade View Investments to offer its clients Trade Views' EA Lab automated trading system builder for the MetaTrader 4 platform. The partnership will help…
Read more
Your Weekly Trading Review by UFX.com – Sunday, October 15th, 2017 Here are some of the major financial events of the past week and how they affected the global financial markets: EUR/USD fell by -0.08%, closing the week at $1.1820. The GBP/USD rose by +0.17%, closing the week at a £1.3066 exchange rate. The Dow ended the…
Read more