Retail forex broker FXCM Inc (NASDAQ:FXCM) has announced that it has closed on its previously announced sale of the DailyFX.com Forex research website business to IG Group Holdings plc (LON:IGG) for a price of $40 million. Cash of $36 million was paid by IG to FXCM on closing, with an additional $4 million to be…
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Moscow Exchange Group has just announced that in the third quarter of 2016, the value of securities under custody continued to grow and reached RUB 33.6 trillion; this was a 13% increase as compared with Q3 2015 (RUB 29.6 trillion). The number of security issues serviced by NSD rose by one third (from 8.2 thousand…
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West Australian-based property developer, Ms Desiree Veronica Macpherson, and various companies associated with the Macro Realty Group, of which Ms Macpherson is a director and direct/indirect shareholder, (the Macro Companies) have consented to ASIC continuing various interim orders obtained in the Perth Federal Court earlier this year. ASIC had previously obtained a range of interim…
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It was just announced that Swiss based FINMA regulated FX broker Dukascopy due to the risks of high volatility, low liquidity and significant price gaps on the presidential election day in the USA, will be taking the following measures: On Sunday 6 November, 22:00 GMT before the market opening, the leverage on USD/MXN will be lowered…
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The Securities and Exchange Commission (SEC) has charged a Los-Angeles based investment advisory firm and its owner with fraudulently overbilling clients and stealing assets from their trusts to pay such personal expenses as his home mortgage, overseas trips, and leases on two Mercedes-Benz vehicles. The SEC’s complaint alleges that Marc D. Broidy and his firm Broidy…
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San Francisco based global digital asset exchange Kraken today launched for trading the most hotly anticipated digital asset of 2016 in Zcash (ZEC). Zcash has a highly regarded development team and investment from major VC firms (Pantera, Fenbushi, and The Digital Currency Group) and Bitcoin VIPs (Roger Ver, Erik Voorhees, Barry Silbert, and Li Xiaolai).…
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The binary options industry has been expanding over the past several years. The simplicity of the instrument made it very popular among traders. This caused the emergence of numerous binary brokers. The unregulated environment allowed startup binary brokers to operate on the market without any barriers. As a result, unregulated binary brokers and their fraudulent…
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The European Securities and Markets Authority (ESMA) has issued detailed reporting introductions and XML schemas under its Financial Instruments Reference Data System (FIRDS). FIRDS covers the Markets in Financial Instruments Regulation (MiFIR) and the Market Abuse (MAR) requirements for reference data collection and publication, collection and processing of additional data to support the MiFIR transparency…
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Japan Exchange Group (JPX) has reported its Consolidated Financial Results for the six months ended September 30, 2016. During the consolidated cumulative second quarter (from April 1, 2016 to September 30, 2016), the Group has recorded operating revenue of ¥52,882 million (8.7% decrease from the same period of the previous fiscal year due to factors…
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Moscow exchange (MOEX) has warned all of its Derivatives market clients that in order to improve exchange data security processes and protect client connections, starting from 1 December 2016 internet access to MOEX Derivatives market using PlazaII/CGate APIs and SPECTRA terminals will only be allowed using VPN service providing secure access to Moscow Exchange network. Those…
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