Global retail forex and CFDs broker FxPro has released results for its FCA regulated UK subsidiary FxPro UK Limited for 2015, showing that volumes nearly tripled to $63.5 billion for the year (2014: $22.8 billion). Revenues at FxPro UK came in at £2.0 million in 2015, up from £620,000 in 2014. Net Profit was £1.1…
Read moreLeapRate Exclusive Interview... Our report on first half 2016 results out of binary options platform provider and operator TechFinancials Inc (LON:TECH) caught some of our readers by surprise. While it was heavily rumored in the industry that TechFinancials was considering 'options' for its flagging OptionFair binary option brand, which had been a drag on results…
Read moreEBS BrokerTec, interdealer broker ICAP plc (IAP.L)'s electronic foreign exchange and fixed income business, has announced 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…
Read moreRussian retail Forex broker Alpari has earlier today announced that from 5th October, 2016, trading using instruments #BRNZ6 and #ENX6 will be set to Close Only mode. On 14th October, 2016, all open positions for these instruments will be closed and pending orders will be deleted. The trading of CFD oil futures for Brent and…
Read moreThe Canadian Securities Administrators (CSA) has published CSA Staff Notice 11-332 Cyber Security to promote cyber-security awareness, preparedness and resilience in Canadian capital markets. The cyber-security landscape has evolved considerably in recent years, as cyber attacks have become more frequent, complex and costly for organizations. As a result, the CSA is working to promote cyber-security awareness,…
Read moreChicago Board Options Exchange (NASDAQ:CBOE) and Fund Evaluation Group, LLC (FEG) have announced findings from a study of four CBOE strategy performance benchmark indexes designed to track the performance of positions in Russell 2000 (RUT) index options, looking at various aspects of their performance over a 15-year period spanning 2001 through 2016. The study was presented…
Read moreFXPRIMUS has announced the launch of its new PAMM Service. This new service facilitates the relationship between Skilled Traders (Masters) & Eager Investors (Followers). The FXPRIMUS PAMM Service affords the opportunity for Masters to showcase their performance to the FXPRIMUS customers that are in need of investment services. At the same time, the PAMM service allows…
Read moreASIC has extended for two years seven class orders giving relief to foreign financial service providers (FFSPs) providing financial services to wholesale clients. These class orders were due to expire (‘sunset’) between 1 October 2016 and 1 April 2017. At the same time, ASIC has released Consultation Paper 268 Licensing relief for foreign financial services…
Read moreeFX trading technology solutions provider TradAir has announced that its partnership with Forex ECN FastMatch is now live. TradAir will be providing FastMatch with: Complete end-to-end FX trading platform, leveraging the latest in high-performance cloud, web, BigData, and HTML5 technology Comprehensive admin suite, supporting user and organization on-boarding, with granular permissioning of trading functionality, workflows and display components Professional…
Read moreInvestment Technology Group (NYSE: ITG) an independent broker and financial technology provider, announced the hiring of Ruben Costa-Santos as Director and Head of FX and Andre Nogueira as a Director on the Analytics Team. Ruben Costa-Santos most recently worked at Deutsche Bank, where he served as head of FX Platforms for the Americas. Prior to…
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