The Taiwan Futures Exchange (TAIFEX) has today launched three new derivative contracts – a Taiwan Dollar (TWD)-denominated Nifty 50 Futures contract, and two FX futures contracts: EUR/USD FX Futures and USD/JPY FX Futures. Dr. Len-Yu Liu, Chairman of the TAIFEX said: We are extremely pleased to be launching these new futures contracts today. The Nifty…
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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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LeapRate Exclusive... LeapRate has learned that regulated binary options broker Opteck has launched today a brand new website and mobile app, while also branching out from the binary options product to add CFDs trading. An Opteck spokesperson told LeapRate: We’re very excited to launch one of the world’s most advanced trading platforms. We’ve managed to…
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ASIC has permanently banned Mr George Karakatsanis, of Yeronga, Queensland from providing any financial services. ASIC found that he engaged in conduct that was misleading and deceptive whilst recommending clients invest in unsecured fixed interest notes in Protect Ensure. ASIC also found he failed to comply with financial services laws. Mr Karakatsanis has been an…
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About the only thing on currency and equity traders' minds early this week is the US election. Count on a Clinton victory and risk-on rally? Take a long shot on a strong Trump showing and market drop? Stay neutral and get out? AxiTrader Chief Market Strategist Greg McKenna has some thoughts on the matter.
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LeapRate Exclusive... LeapRate has learned that the Israeli financial regulator the Israel Securities Authority (ISA) has issued a Dealers' license to a sixth retail forex broker, Colmex. Colmex Israel, or formally TGL Colmex Capital Markets Ltd., operates website colmex.co.il, and is a sister company of CySEC regulated Colmex Pro Ltd, which operates colmex.com and colmexpro.com. All the…
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Lots of interesting executive moves in Forex Industry News this week, with most of them exclusively reported at LeapRate. Oanda loses its charismatic CMO, Gain Capital reassigns its COO, Walbrook Capital (formerly FXCM Securities) replaces its CEO... On the financial front, fast growing GKFX now has even more dry powder to work with after getting an…
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National Futures Association (NFA) has ordered The Cambridge Strategy Asset Management Limited (Cambridge), an NFA Member commodity pool operator (CPO) and commodity trading advisor (CTA) located in London, England, to pay a $60,000 fine. The Decision, issued by NFA's Business Conduct Committee (BCC), is based on a Complaint authorized by the BCC on August 23,…
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Admiral Markets, a global online provider of Forex and CFD trading services, today introduced a new advanced feature – Volatility Protection Settings. Volatility, or speed of changes in price, is an important factor in deciding the trading results. In times of high volatility, these changes in price occur so fast, that the outcomes of trading…
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Sterling traded close to a four-week high on Friday and was heading for its best week since March. The pound jumped right after England's High Court put a spanner in the government's plans to forge ahead with Britain's exit from the European Union. The battered pound returned to its 2.5% against the dollar this week…
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