The German industrial output data for March edged higher with the print coming in at -0.4%. This is much better than the forecast of -0.7%, mainly due to lower energy prices and bolstered global demand. On a less bright side, the German investment good output fell 1.2% from the previous number. All in all, we…
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Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics of its subsidiaries in April 2017 and the results don't look so good. The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 245,558 in April - down 4.72% from…
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LiquidityBook just announced the addition of Les Vital as Head of Technical Sales The appointment comes as demand accelerates for its POEMS (portfolio, order and execution management system) platform, with clients across the Americas and Europe turning to LiquidityBook to help reduce TCO (total cost of ownership), improve efficiency and meet increasing regulatory compliance demands…
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Settrade.com Co., Ltd., an Internet trading platform and investment technology provider, has unveiled “Settrade DCA Order”, a new trading function that enables investors to invest in securities based on Dollar-Cost Averaging (DCA) technique, on its Streaming application. Settrade has also introduced “Settrade App”, the new application for iOS and Android, enabling investors to get up-to-date…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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UK online trading leader IG Group Holdings plc (LON:IGG) has put out a statement to the effect that it welcomes the new CFD regulation put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No limits were…
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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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LeapRate Exclusive... LeapRate has learned that a new FX social trading site and service has just been launched in Switzerland, with something of a new take on the concept. The new company, called Crowd Trading (at www.crowd-trading.com) has been launched by a number of engineers at a Swiss Forex broker, led by Managing Partner Alexandru Craciun.…
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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…
Read moreThe 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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