Sucden hires UBS FX exec Kirsty Gillies to head eFX Sales
May 09, 2017 BY Valentina Kirilova

Sucden launches OTC FX options service

International derivatives broker Sucden Financial has launched a new OTC FX options service. The new offering provides users with the ability to price their own option structures online and benchmark those prices against independent data for greater transparency. Having identified client requirements regarding liquidity, cost and the availability of independent pricing data, we realised that…

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clone firm FCA warning
May 09, 2017 BY Valentina Kirilova

FCA warns against Best Connection Finance clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Best Connection Finance. 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 their tactics…

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May 09, 2017 BY FxPro

Concerns Eased for Fed and ECB after Macron’s Victory

The dollar index saw a rebound with strong bullish momentum on Monday after hitting a 6-month low of 98.40 last Friday. This morning, during the European session, the dollar index bulls have recovered the significant resistance level at 99.00. USD/JPY hit a high of 113.83, last seen on March 15. The dollar index has given…

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May 09, 2017 BY Hantec Markets

DAX futures analysis 09/05/2017

DAX futures (JUNE 2017 contract is FDXM7, continuation contract is FDXc1) The market is consolidating as the initial slip back from the highs is now settling down. Technically the daily chart retains strong momentum, but still looks a touch stretched. The RSI is at 75 with the Stochastics just beginning to drift a touch lower…

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bitcoin hacker
May 09, 2017 BY Valentina Kirilova

Hong Kong SFC consults on proposals to reduce hacking risks in internet trading

The Securities and Futures Commission (SFC) launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading. The proposals incorporate new guidelines which set out baseline cybersecurity requirements for internet brokers to address hacking risks and vulnerabilities and to clarify expected standards of cybersecurity controls. Some of these requirements already…

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May 09, 2017 BY Valentina Kirilova

Bats announces alternative to closing auctions

Bats, a CBOE Holdings, Inc. (NASDAQ:CBOE) company announced today that it is proposing to adopt a new, competitively priced alternative to the primary market closing auctions that take place at the end of the U.S. equities trading day, subject to regulatory approval. The creation of Bats Market Close (BMC), an end-of-day match process for non-Bats listed…

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