Business information giant Thomson Reuters Corp (NYSE:TRI) has announced that it intends to purchase up to 6.5 million of its common shares through private agreements with two armʹs-length third-party sellers. at TRI's current share price, the total purchase would amount to about USD $269 million. As at June 30, TRI had $686 million of cash in the…
Read moreThe multilateral trading facility (MTF) for trading FX, precious metals and indices, LMAX Exchange, has announced the expansion of its global infrastructure with the launch of its North American matching engine in the Equinix International Business ExchangeTM (IBX data centre in New York). The LMAX Exchange NY4-based matching engine is a new liquidity pool for institutional spot FX…
Read moreLT Management Pty Limited has paid a $10,800 infringement notice penalty after making potentially misleading statements about the cost of setting up a self-managed superannuation fund (SMSF) using the services of RS Capital Partners Pty Limited, trading as My SMSF Property. ASIC’s concerns related to representations made by LT Management on the Silverhall website between August…
Read moreThis article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The negative interest rate policy, as known as the NIRP, has certainly become one of the most interrogated strategies across the markets. Let us have a quick glance to what caused the central banks to turn…
Read moreThe new version of the MetaTrader 5 Android mobile platform features the optimized use of price charts: The application supports the multi-window mode allowing traders to monitor price changes on multiple symbols simultaneously. Added the ability to change an indicator subwindow height. The mobile platform features a symbol fast selection button and a separate menu…
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LeapRate Exclusive... LeapRate has learned that ASIC regulated, Melbourne, Australia based retail forex broker Pepperstone is getting set to announce a major expansion in the UK and Europe. One of Australia's leading Retail Forex and CFD brokers, Pepperstone has already finalized the FCA license of its UK subsidiary, Pepperstone Limited. Pepperstone acquired what is now…
Read moreHong 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…
Read moreLeading Australia-based Retail Forex and CFDs broker AxiTrader has announced the appointment of Louis Cooper as Head of Global Retail Sales. Cooper, a seasoned executive in the CFD and FX industry, will spearhead AxiCorp’s efforts in capturing new markets as the company solidifies its global footprint. The move came on the heels of the company’s…
Read moreSIX Securities Services and the banking company Clearstream have announced their intention to enter into a partnership to provide services to the Swiss and European markets. In the months to come they will work on the exact details of the partnership and intend to launch in the beginning of 2017. The partnership comes in the context…
Read moreRetail FX broker Alpari Limited’s trading turnover for August in comparison with that of July increased by 3% to $84.2 billion. During this time, the turnover for GBPUSD and USDJPY currency pairs rose. Alpari has also released the English language version of the Alpari Options application for smartphones using Android last month. Alpari Options in…
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