Multi-asset brokerage Blackwell Global announced today a partnership deal with Everton Football Club. With aims to increase its global footprint, this is its first sporting sponsorship, as well as the Club’s first Official Forex and Brokerage Partner. This move is meant to increase Blackwell’s profile in the UK, after the company received its FCA license…
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Mainstream and industry press have written widely on the gradual withdrawal of banks - the traditional primary liquidity providers - from the spot FX markets over the past few years. The typical narrative is that reduced appetite for risk, controls on capital at banks, as well as juniorization of dealer staff have all contributed to…
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MetaQuotes just announced that has launched another tool, which can be used to extend website functionality. In addition to the web platform, the Forex trading platform developer offers a free Economic Calendar that can be added to any website. The web platform allows traders to perform technical analysis and trading operations on different markets, including…
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Horizon Software announced today that Ben Wood has joined as new senior sales manager, responsible for business development across the US and EMEA. Horizon is a provider of electronic trading solutions and algorithmic technology to the world’s exchanges, banks, brokers and fund managers. Wood is a chartered accountant with over 20 years’ experience of delivering…
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The shoes continue to drop in the Israel binary options sector. After our earlier exclusive report that rival Anyoption was ceasing all binary options activity - after previously moving all call center and client facing operations out of the country - LeapRate has learned from sources close to the company that TechFinancials Inc (LON:TECH) is…
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The Ontario Securities Commission (OSC) announced that has approved a no-contest settlement agreement with RBC Dominion Securities Inc., Royal Mutual Funds Inc., and RBC Philips, Hager & North Investment Counsel Inc. (the RBC Registrants) in relation to a matter that the RBC Registrants discovered and self-reported to the OSC. This settlement follows allegations by OSC…
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UK regulator the Financial Conduct Authority (FCA) has dropped another bombshell. After shocking the Forex and CFD brokerage sectors in December with surprise proposals to rein in leverage and bonus payments to retail clients, the FCA today announced that it will be delaying the finalization of its proposals now that pan-European regulator ESMA announced that…
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Hong Kong Exchanges and Clearing Limited (HKEX) has published a consultation paper to seek views on its proposed after-hours trading (T+1 Session) enhancements. The proposed changes include: Extending the T+1 Session for equity index futures from the current 5:15 pm to 11:45 pm to 5:15 pm to 3:00 am the following day in two phases;…
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Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has released its 2016 full year results, indicating that the company is indeed well along in its restructuring and turnaround, but still has a long way to go. On the top line, LCG was able to generate healthy revenue growth following its rebranding…
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The European Securities and Markets Authority (ESMA) has issued a statement updating on its work in relation to the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors. ESMA is likely to look at enacting rules limiting leverage for Forex and CFD trading, banning of client bonuses, as well…
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