Continuing a parade of healthy FX trading volumes we are seeing in September across leading retail and institutional Forex platforms, Retail Forex broker Exness has reported an 11% increase in September results, to $218 billion. The $218 billion figure makes September Exness' second best month of 2016, after record monthly volumes of $253 billion recorded in July…
Read moreDeutsche Börse has announced that innogy SE (ISIN: DE000A2AADD2) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The listing involved admission to trading of around 555.6 million shares in total. The total issue volume was approximately €5.0 billion, making it the largest IPO this year. Carsten Kengeter, CEO of Deutsche Börse, commented:…
Read moreYesterday, the European Energy Exchange (EEX) has announced that it achieved its highest trading volumes in Power Futures for Italy and Spain since the launch of these products. In Italian Power Futures, a volume of 6,864,868 MWh was traded and registered for clearing. The previous record for the Italian Power Futures was the volume of 6,183,005 TWh…
Read moreToday the UK Financial Conduct Authority put out details of the cloned firm South Finance. 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 of their tactics to scam…
Read moreInternational investors based in Hong Kong can now use their existing setup with banking company Clearstream’s global Vestima fund processing platform to directly invest in MRF-eligible, China-domiciled funds. The Mainland China - Hong Kong Mutual Recognition of Funds (MRF) programme allows Hong Kong and Chinese asset managers to distribute recognised funds in both jurisdictions. Vestima…
Read moreLeapRate Exclusive Interview... There have been no shortage of skeptics in the online trading world, as well as in the London City crowd, when it comes to London Capital Group Holdings plc (LON:LCG). LCG saw a change of control and complete makeover of its website, logo, trading platform, management, and a recapitalization led by entrepreneur Charles-Henri…
Read moreGain Capital UK Limited, the FCA regulated arm of global retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported its financial statements for 2015 indicating significant improvement for the company. The results are essentially for the City Index business which Gain Capital acquired in April 2015 for $118 million. We'd also note that the results…
Read moreThe Taiwan Stock Exchange (TWSE) and the Korea Exchange (KRX) have announced the cross listing of ETFs tracking the benchmark indices of both markets. The move further expands the growing links and cooperation between the two bourses. Both ETFs will be the first index-based products to track Korean and Taiwanese securities in each market. In Taiwan,…
Read moreBinary Options brokerage operator EZTD Inc (OTCMKTS:EZTD), which operates the EZTrader (eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com) binary options brands, has made filings with the SEC indicating that it is switching auditors. Out is Ziv Haft, Certified Public Accountants (Isr.), a BDO Member Firm. Replacing Ziv Haft as the company's auditor is Brightman Almagor Zohar…
Read moreToday the UK Financial Conduct Authority put out details of the cloned firm Knight Cover. 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 of their tactics to scam…
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