ASIC has today reissued its regulatory guide on takeover bids to incorporate updated guidance on the minimum bid price rule in s621(3) of the Corporations Act. The rewrite of our previous guidance on the rule is designed to make it clearer and easier to use. There are no significant changes to the underlying policy. Regulatory…
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Forex ECN FastMatch has announced that its proprietary algorithmic and transaction cost analysis (TCA) services are now available to all subscribers. FastMatch recently reported its best ever month for FX trading volumes, with November coming in at $17.1 billion ADV. FastMatch is jointly owned by retail forex broker FXCM Inc (NASDAQ:FXCM) and commercial banks Credit Suisse…
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London-based Object Trading, a global provider of multi-asset direct market access trading infrastructure has announced integration with uTrade Solutions, an independent trading screen vendor based out of India and the UK. Through this partnership, Object Trading clients get access to markets that uTrade connects to natively, and uTrade clients get access to 60+ markets connected to…
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Datawatch Corporation (NASDAQ: DWCH) today announced the general availability of Datawatch Panopticon 16, their most advanced visual analytics platform for the capital markets industry to date. The latest version provides faster trading analytics for expedited time-to-insight and addresses the need for real-time and historic views for trading effectiveness. Exchanges, buy-side and sell-side firms can now quickly…
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The world's largest social trading network FX Junction announced today that November continued its positive pace of adding new members linking their MT4 accounts. By the end of November, FX Junction reported 9,110 linked accounts, up 1.5% from 8,968 linked accounts from October's final tally. The company also reported that their live account profitability metric, which is…
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The departure was agreed to just one day after EZTrader announced an $11 million financing agreement from Yorkville Advisors.
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Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for November 2016, with spot FX volumes rising to $101 billion, up 6.3% MoM from October's $95 billion. This was the platforms best performing month since June for spot volumes (see chart above) where 'Brexit' volatility saw 3x the normal volume the Friday of the vote during the summer…
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FlexTrade Systems, a global provider in multi-asset execution and order management systems, today announced the appointment of Aaron Levine as Vice President, OEMS Solutions. Based in the company’s headquarters in New York, Levine will manage sales and business development for FlexTrade’s new OEMS solution, FlexONE. Aaron Levine comes to FlexTrade after spending three years at…
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Continuing its string of warnings against unregulated brokers and other scams targeting people in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List two more binary options brokers. Joining the BCSC's Investment Caution List are an entity called Novox Capital Ltd., which operates the OptionStars binary options brokerage…
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Cyprus-headquartered brokerage easyMarkets today announced that it launched a CFD on the CBOE Volatility Index to its trading platform. Through easyMarkets, traders may now trade volatility as a Contract for Difference (CFD), which provides direct exposure to the fast-moving index. CFDs on the CBOE Volatility Index are offered under the ticker symbol Fear (VXX). The…
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