The following article was written by Adinah Brown, content manager at Leverate. Because there is such a high number of unregulated FX brokerages out there, pinpointing the exact number of established brokerages around the world is nearly impossible. However, MetaTrader4 reports that a total of 332 Forex brokerages use its trading platform, which is widely regarded…
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CFD broker Plus500 Ltd (LON:PLUS) released its interim financial results for the First Half of 2017 this morning, indicating some quite amazing accomplishments. Quarterly revenues topped $100 million for the first time ever at Plus500, coming in at a whopping $110.9 million - 21% better than Plus500's previous best-ever quarter (Q4-16). And the top-line results…
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US retail forex broker client assets showed a slight MoM slippage according to data filed with the CFTC as of June 30th. The report revealed a 0.54% contraction in assets held by Retail Foreign Exchange Dealers (RFEDs) from May's $533,886,026 to $530,993,835 for June 2017. This is a very slight drop as most of the…
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NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has enhanced its existing messaging services to help clients prepare for the 3 January 2018 MiFID II go-live. NEX Optimisation has extended Traiana’s Harmony messaging network to enable participants to exchange additional information to assist with meeting…
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NordFX, the global forex brokerage today is informing partners that their two-level affiliate program will start to operate from tomorrow, 8 August. It's designed to help partners of the company significantly increase their profits. The two-level system is pretty simple but powerful. For partners, until now they used to receive a commission only from the…
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The Australian Securities and Investments Commission (ASIC) has again warned its Registry customers to be vigilant of scam emails purporting to be from ASIC. Some customers continue to receive emails claiming to be from ASIC, containing attachments or links to fake invoices. These fake emails appear similar to ASIC emails and generally instruct the recipient…
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TMX Group (TSX:X) today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for July 2017. Toronto Stock Exchange welcomed nine new issuers in July 2017, compared with 15 in the previous month and 13 in July 2016. The new listings included four mining companies, two closed-end funds, one life sciences company,…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that has launched a new podcast “CFTC Talks” today with special guest Acting Comptroller of the Currency Keith Noreika. CFTC Talks is the new podcast that’s geared towards providing information about the commodity markets, futures trading and other information about conditions in the U.S. and abroad affecting…
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The Australian Securities and Investments Commission (ASIC) announced that has extended its partnership with Australian software company Nuix following a competitive tender process. The new contract forms part of ASIC's expanding analytics and e-discovery platforms. ASIC is investing around $60 million on data analytics, IT systems as well as its surveillance and enforcement capabilities to…
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It looks like the Q2 results profit warning issued by Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) was something of a head-fake. While required by Hong Kong Exchange rules since overall, the company's first half 2017 results were significantly down from first half 2016, KVB actually had a much-improved second…
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