The following article was written by Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. Welcome to a financial world, full of mysterious acronyms. LEI, CASS, ECP, EMIR, MiFIR, MTF, OTF… This industry just loves acronyms and MiFID II just gave us a whole lot of new ones to work with. One that…
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The Canadian Securities Administrators (CSA) today published an annual activity report outlining its investor education and outreach efforts over the past year. The CSA Investor Education Committee continues to prioritize investors’ needs and develop innovative ways to help Canadians understand more about their finances,” said Louis Morisset, CSA Chair and President and CEO of the…
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FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 11,313 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 31 July 2017 at a price of 630.27 pence per Share. The…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm London Finance and Investment Corporation. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…
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The FMA noted a recent warning by the Hong Kong Securities and Futures Commission against China FX broker VHTrade. The FMA is concerned that Vhtrade International Financial Group claims to be registered on the FSPR when they are not. Vhtrade International Financial is operating at website www.vhtrade.cn. The address given is 4B, Jinwei Commercial Building,…
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News sources in Israel are reporting that the country's new legislation meant to outlaw all aspects of the Binary Options industry from operating in the country has been watered down from its original version. We had earlier exclusively reported that implementation of what's now known as the Israel Binary Options Law has been delayed to…
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The expanded rollout of MetaTrader 5 (MT5) has reached Australia, with leading ASIC regulated forex broker, Vantage FX, announcing that they are now offering the next generation MetaQuotes platform to their clients. MT5 has now activated all signal trading, expert advisor trading and most importantly has the in-built capability for clients to hedge their trading…
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ASIC regulated Retail Forex broker IC Markets has announced today that it registered a record month for FX trading volumes in July 2017, at USD $313 billion. The company also hit a daily volume record of USD $21 billion on the 21st of July, as the USD slid to its lowest level in over a year.…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that July trading volumes in its system were virtually unchanged from June, on both a total and average daily trading volume basis. GTX saw total trading volumes of $268.6 billion in July, or $12.8 billion ADV, versus $270.1 billion…
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Australia financial regulator ASIC has announced that in March 2017 it conducted a review of various mobile app stores, focusing on apps associated with binary options trading. The review highlighted over 330 apps which were offered to Australians by entities and individuals that appeared to be unlicensed. 63% of the apps were offered by binary…
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