ASIC noted the decision by ASX-listed Pacific Star Network Limited (PNW), announced on 28 February, to record an impairment charge of $4.5 million on publishing mastheads and goodwill arising from the acquisition of Morrison Media. ASIC had previously made enquiries of PNW regarding the carrying value of non-current assets in its 30 June 2016 financial…
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Forex ECN FastMatch is reporting that volumes in its system decreased slightly during February, by 2% MoM, to average $16.6 billion ADV for the month. Still, February 2017 clocks in as one of the best months ever at FastMatch, behind only January and last November's US election driven record result of $17.1 billion ADV. We'd also…
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As its new owner CBOE Holdings Inc. (NASDAQ:CBOE) unveiled the new company logo (above), institutional Forex ECN Hotspot FX reported that February trading volumes cooled somewhat from the company's hot start to 2017. February volumes at Hotspot FX averaged $27.0 billion daily, down 8.8% MoM from January's $29.6 billion ADV. Hotspot's February figures begin a parade…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that February trading volumes in its system decreased from record January levels. 2017 started off extremely strong at GTX, with record ECN / SEF volumes of $12.1 billion ADV in January. However trading activity cooled off somewhat during February,…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Blackfriars Asset Management. 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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GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced a new partnership with TradingView to make TradingView's charts available to its FOREX.com U.S. customers. TradingView provides one of the most powerful web-based charting platforms available today. In keeping with our commitment to provide the best trading tools to our customers, we are thrilled to be working…
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SETL, the London based financial blockchain specialist, announced the opening of their Paris office to develop its eurozone activities. The new office will be led by Pierre Davoust, formerly Deputy Head of the Financial Markets Unit at the French Treasury, who is appointed CEO France at SETL. SETL was launched in July 2015 to deploy…
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Abu Dhabi based global forex brokerage firm ADS Securities has announced that it has hired Adam Clayton as Managing Director and Head of Investment Banking. Reporting directly to ADS Securities Vice Chairman and CEO Philippe Ghanem, Adam Clayton joins ADS from the Goldman Sachs International unit of global investment bank Goldman Sachs Group Inc (NYSE:GS) where he…
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Payments services company Paysafe Group Plc (LON:PAYS) has today launched its GOLO app and web ordering platform, accessed through an instant and convenient consumer app that enables businesses to sell more effectively to their existing and new customers. With more than 100 local businesses already using GOLO, the ‘Go Local’ ordering app has now formally…
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Singapore Exchange (SGX) today welcomed Hatten Land to Catalist under the stock code “PH0”. Hatten Land is a property developer with an established reputation in developing premium integrated residential, hotel and commercial developments in Malaysia. Hatten Land is the property development arm of Hatten Group, a leading brand in Malaysia with core businesses across property…
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