FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated in regulatory filings that it acquired 120,000 of its own shares in open market transactions last week, as the beginning moves of a planned $10 million share buyback. In total, Plus500 spent £657,159 (USD $839,000) in Week 1 of the buyback, spreading the purchases…
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The European Securities and Markets Authority (ESMA) announced that has issued an official opinion agreeing to an emergency short selling prohibition, for a period of one month, by the Comisión Nacional del Mercado de Valores (CNMV) on net short positions in Liberbank, S.A. (Liberbank) shares under the Short Selling Regulation. The measure is expected to…
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A lot about Bitcoin (and other leading digital currencies) seems different than "real" fiat currencies. No cash or coin. No government issuer. Traded mainly by "retail" traders. Well add to that list weekend trading interest. For the third weekend in a row, Bitcoin price volatility and trading volumes have peaked during the weekend, at a…
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Before we get to our review of this past week's top Forex Industry News stories, we'd once again like to thank our readers for helping LeapRate extend our lead over our competitors, as the most-read Forex Industry news website. With May data now out at leading website visitor tracking services, we're once again pleased to…
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Is Google's proposed ad block / filter feature, to be added to Chrome in 2018, something for Forex brokers and other online advertisers to be concerned about? Bart Burggraaf, Managing Partner at MediaGroup Worldwide, discusses. Recently, Google got a lot of attention for announcing their plan to include an ad blocker within Chrome. Advertisers can…
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About six months after releasing the desktop version of its JForex 3 FX trading platform, Swiss retail forex broker Dukascopy Bank has announced the release of the next generation of its web platform - JForex Web 3 - with higher performance, improved user experience and no Java requirements. The new web platform’s interface is now…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Imperial Equity Group Ltd. Imperial Equity Group Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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CySEC regulated retail forex and CFDs broker JFD Brokers just announced that it has hired James Chen as Head of Asian Markets, as the company reaches out to international audiences across the globe. Focusing on attracting new retail clients and IBs in the Asia Pacific region, JFD also plans to expand its asset and wealth…
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The Hong Kong Securities and Futures Commission (SFC) announced that has commenced criminal proceedings in the Eastern Magistrates' Court against Mr Lam Yik Tung, Mr Chan Lit Chun and Mr Anson Mui Ka Leung for alleged insider dealing in the shares of Integrated Distribution Services Group Limited (IDS) (IDS was privatised and its shares were…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) today reported its operating metrics for the month of May 2017. OTC Trading Volume at Gain's Forex.com Retail FX unit was up 19% from April's $185.0 billion, to $219.5 billion in May. Active OTC Accounts were slightly up to 135,070. ECN Volume made 63.2% YoY jump to…
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