The UK Financial Conduct Authority (FCA) has put out details of the cloned firm BvB Advisory Limited. 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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Open social trading network FX Junction just announced that expands its payment service providers offering with the addition of FasaPay. Indonesia is one of our fastest growing markets and we want to make sure Indonesian social traders can easily interact with FX Junction," states Ryan Novak, Head of Sales. "Thanks for the valuable feedback from…
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Following an application by ASIC, the Supreme Court of NSW has made interim orders by consent against Courtenay House Capital Trading Group Pty Ltd (Courtenay House Trading Group), Courtenay House Pty Ltd (Courtenay House) and a number of other parties, including freezing their assets and restraining them from carrying on a financial services business. ASIC…
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Forex ECN FastMatch is reporting that volumes in its system decreased slightly by 1% MoM in April, to average $19.0 billion ADV for the month. That makes April 2017 one of FastMatch’s best ever months for trading volumes, given that March's $19.2 billion ADV was by far the company’s best ever, well ahead of the…
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Bats, a CBOE Holdings Inc.(NASDAQ: CBOE) company, welcomed Franklin Templeton Investments as a new issuer to the Bats ETF Marketplace with a suite of three U.S. equity focused funds. The funds include: The Franklin LibertyQ U.S. Equity ETF (Bats: FLQL), which seeks to provide investment results that closely correspond, before fees and expenses, to the…
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Institutional Forex ECN Hotspot FX has reported that April trading volumes decreased by 7% MoM from March, clocking in at $27.7 billion average daily volume for the month. Hotspot’s April figures begin a parade of what we believe will be weak volume reports in the FX sector, following what was a fairly strong March at many…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that April trading volumes in its system decreased slightly from March's record levels. GTX saw total trading volumes of $280.7 billion in April, or $14.0 billion ADV, versus a record $339.0 billion total and $14.7 billion ADV in March.
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Airwallex, an ASIC regulated international payments company has raised USD $13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments worldwide. Chinese internet giant Tencent Holdings, one of the earliest Chinese investment institutions Sequoia Capital China, and Mastercard all participated in the…
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Multibank FX aggregation service FXSpotStream has reported that volumes on its system were down 9% MoM in April. Average daily volume at FXSpotStream came in at $17.1 billion in April – versus $18.8 billion in March, $18.7 billion in February and $18.9 billion in January - making April the slowest month to date in 2017 at…
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It was announced today from Tokyo Financial Exchange, that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,247,872 (-16.7% MoM / -28.9% YoY) and its average daily trading volume was 112,394. The biggest downturn occurred in EUR/USD with the pair stuck in tight ranges in recent months. See the table…
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