The following article was written by Tony Chrystopher, Financial Analyst at UFX.com's Trading Support Center. UFX.com Weekly Market Review – Sunday, July 9, 2017 Here are some of the major financial events of the past week and how they impacted the currency and commodity markets. The EUR/USD fell by -0.19%, closing the week at $1.1401. The…
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U.S. Retail Forex Broker client assets held showed a MoM uptick from reporting data filed with the CFTC as of May 31st. The report revealed a 1.74% increase in assets held by FCMs from April's $524,757,888 to $533,886,026 for May 2017. This is also $10 million more in assets from March’s $523,750,637. If the trend…
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GMO Internet Inc. (TYO:9449) group company GMO Click Securities, a Japanese provider of online securities broking services has announced the launch of "GMO-FX DASH" to its Forex trading offering. GMO - FX DASH makes it easy to place trades from mobile charts to take advantage of speed orders, fast trends, and the latest news, etc.…
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The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, It’s summertime, and also a US holiday this week… So not too much going on in the markets, so today I’d like to write about something related to trading… Trading movies! If you’re struggling with the heat,…
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The International Organization of Securities Commissions (IOSCO) has published today the consultation paper titled Recommendations of Liquidity Risk Management for Collective Investment Schemes, which seeks to address structural vulnerabilities arising from asset management activities, as part of its mission to protect investors and mitigate systemic risk in global financial markets. IOSCO also published today another…
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The European Securities and Markets Authority (ESMA) has issued a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR). ESMA publishes this consultation paper to seek the views of market participants on the three main elements of its advice to the EC: the scope and functioning of…
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An ASIC investigation of a number of advice licensees within the National Australia Bank Group (NAB Group), for failing to disclose relationships between advisers, advice licensees, and other members of the NAB Group that issue investment products, has resulted in corrective disclosure being made to customers. The non-disclosure occurred when customers were advised to acquire…
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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 53 Capital Trade. 53 Capital Trade is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Hong Kong Securities and Futures Commission (SFC) has issued a Restriction Notice on W. Falcon Asset Management (Asia) Limited (W. Falcon) to safeguard the assets of the firm and its clients, and to protect the interest of its clients and the investing public. The restriction notice is to prohibit the firm, without the SFC’s…
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