CySEC regulated forex broker FXCC has announced that it has introduced an extra payment option through its association with China UnionPay. In creating this new relationship, FXCC (formally FX Central Clearing Ltd) has opened up a gateway, allowing new and experienced FX traders from Asian countries such as China, to trade directly through FXCC. We…
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FCA-UK and Seychelles FSA regulated forex broker Tickmill has just announced a new IB rewards promotion to the highest performing Introducing Brokers for the period of February 20th through May 31st. The promotion is only available for clients of Tickmill Ltd. (the FSA regulated entity). In the biggest prize pool ever offered by Tickmill, IBs can…
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Belize financial regulator IFSC (International Financial Services Commission) has issued a warning regarding binary options brokerage firm TitanTrade, operating from website titantrade.com. As we've reported, TitanTrade has had other warnings issued against it by regulators in Canada and Australia. On its website, TitanTrade shows as its address 35 Barrack Road, Belize City, Belize. According to…
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South Africa's Competition Commission has filed with the Competition Tribunal a settlement agreement reached with the Citibank N.A. unit of global banking giant Citigroup Inc (NYSE:C) for being part of a forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had a general agreement to collude on prices for…
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Frankfurt based exchange operator Deutsche Börse Group has announced that it has invested in the first German growth fund for fast-expanding B2B-software companies. The fund has been initiated by Digital+ Partners, while the first subscription tranche of ’Digital Growth Fund I’ has been closed with an amount of 131.5 million euros. Deutsche Börse has invested…
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Retail forex broker FXTM has announced its sponsorship of the Sahara Force India Formula One team to become the “Official Forex Partner” for the 2017 season. FXTM has been very creative with its sports sponsorships. The company also backs world record BASE jumper Valery Rozov. The Sahara Force India Formula One team jumped onto the watch list…
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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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CLS Group (CLS), a provider of risk mitigation and operation services for the global foreign exchange (FX) market, and TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, just announced that counterparties have eliminated US$1 trillion in gross notional value from their FX forward and swap portfolios using…
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FX Junction, the world's largest open social trading network for Forex traders just announced that has expanded its language offering with the addition of Bahasa Indonesia. Matus Bajko, Head of Software Development, stated: We are continually adding new languages to support our global expansion and Indonesian Social Traders represent a rapidly growing community on FX…
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SIX Swiss Exchange announced that is enlarging its choice for Clearing Services and welcomes EuroCCP as third Central Counterparty (CCP) for the Swiss market. With the go-live of EuroCCP, the Swiss exchange strengthens its interoperability and caters even better to the needs of its clients. Both existing and potential trading participants benefit from an new…
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