The following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. FXPRIMUS Week in Focus for week beginning Nov. 14th There’s no escaping US politics. US politics was the driving force behind the markets last week and it will continue to be so this week. The House of Representatives will…
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Widely reported on mainstream media outlets was the billions lost during the U.S. election day sell-off by the world's richest people. The UK's Sun has reported in particular and in a joking way, that Mexico's richest people have lost enough money since the U.S. election to build Donald Trump’s proposed border wall. The world’s richest people…
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The U.S. Securities and Exchange Commission has announced an award of more than $20 million to a whistleblower who promptly came forward with valuable information that enabled the SEC to move quickly and initiate an enforcement action against wrongdoers before they could squander the money. The $20 million award is the third-highest since the SEC’s whistleblower…
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Denver and Chicago based NinjaTrader Group, LLC, a leading provider of trading technology and brokerage services for active traders today announced a free upgrade to the NinjaTrader 8 platform for all users. The next generation of packs over 500 user driven enhancements into a completely modernized framework and UI while maintaining a consistent user experience…
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EBS BrokerTec, ICAP (IAP.L)'s electronic foreign exchange (FX) and fixed income business, has announced today that it has gone live with EBS Live Ultra, its fastest FX data product to date. EBS Live Ultra has two data interval rates: 100 milliseconds, the same as the current EBS Live service but with lower latency, and a…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Seedoro Bank. Seedoro Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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After returning to normal most currency pairs following last week's US election, FCA and CySEC licensed Retail Forex broker FxPro has sent a note out to clients, indicating that it is also loosening margin requirements to 'normal' for Mexican Peso and Swiss Franc currency crosses. Given the heavy volatility in the Peso following Donald Trump's…
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As was first reported on LeapRate at the end of October, Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com, confirmed today that its Q3 Revenues and Profits were significantly down from both last quarter, and from last year. XTB confirmed that Q3 revenues came in at 42.8 million zlotys…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Mirabaud Asset Management / Mirabaud Group. 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…
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KCG Holdings, Inc. (NYSE: KCG) has released its trade volumes for the month of October 2016. In Market Making, KCG averaged $25.9 billion dollar volume traded - a slight drop from September's $28.9 billion, 6.3 billion shares traded, and 3.2 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged…
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