Continuing a parade of very strong volume reports from leading retail forex brokers around the world for the month of November, Copenhagen-based multi-asset broker Saxo Bank has reported another strong month with November volumes coming in at $344 billion, or average daily volumes of $15.6 billion. The $344 billion figure, up 29% MoM over October,…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Escrow Custodian Services. 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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The Netherlands Authority for the Financial Markets (AFM) just announced that it has given an instruction to suspend trading in Telegraaf Media Group. Financial instrument: Telegraaf Media Group N.V. ISIN code: NL0000386605 The reason for suspension has not been announced yet, but trading in Telegraaf Media Group will be forbidden with immediate effect, as from December…
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KCG Holdings, Inc. (NYSE: KCG) has just released its trade volumes for the month of November 2016. In Market Making, KCG averaged $32.8 billion dollar volume traded, which is exactly 26.64% more than October's $25.9 billion, also 6.7 billion shares traded, and 3.9 million trades per day in U.S. equities. In Global Execution Services: KCG…
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Moscow Exchange (MOEX) has just informed that the expected date of the its reorganization in the form of accession of MICEX Stock Exchange and MB Technologies when Moscow Exchange will become the organizer of trading on securities market (currently - MICEX Stock Exchange) is December 19, 2016. The date when this reorganization will come into…
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Securities Commission Malaysia (SC) has revoked the Capital Markets Services Representative’s Licence (CMSRL) of Ravindran Nair a/l Vasudevan Nair for the regulated activity of financial planning under section 72 read together with section 65 of the Capital Markets and Services Act 2007 (CMSA), effective 18 November 2016. Ravindran was formerly attached with Blueprint Planning Sdn…
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Kai Fischer is to become Managing Director of Group Communications, and Martin Halusa press officer of Deutsche Börse AG and thus also Head of Department of Media Relations/Newsroom, all with effect from 1 January 2017. Kai Fischer has been at Deutsche Börse since 2008, and has held various management positions in the CFO area. He…
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On Wednesday the US Federal Reserve is expected to raise rates for the first time in 2016.
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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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The Financial Conduct Authority (FCA) has today announced that it is inviting views on the future funding of the Financial Services Compensation Scheme (FSCS) and has also launched a consultation on a number of specific changes to its scheme rules. The FSCS is the UK’s statutory compensation scheme of last resort, which can step in…
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