Moscow Exchange has announced its trading schedule for public holidays in January and February 2017. It goes as follows: On 3-6 January and 24 February 2017: The Equity & Bond and Derivatives Markets will operate as usual; All instruments will trade on the FX and Precious Metals Markets, except trades with "today" settlement and swap transactions with…
Read moreChicago-based Rival Systems, a trading software company established last year, announced today that Gator Trading, an operator of dozens of trading groups specializing primarily in futures and options, has successfully migrated onto the Rival Risk platform for all of its risk management needs. Rival Risk is the first HTML-5 based enterprise risk management platform with…
Read moreGTX, the institutional foreign exchange trading arm of GAIN Capital Holdings Inc. (NYSE: GCAP), will launch a new matching engine for its flagship ECN in London October 15, 2016. A Tokyo-based matching engine is planned to come online within 90 days. At launch, liquidity on the LD4 matching engine will supplied by more than 10…
Read moreThe Autorité des Marchés Financiers (AMF) is pursuing its commitment to making the Paris financial market more appealing by launching AGILITY, a program devoted to guiding financial firms through the French authorisation process. It will provide a range of services, notably helping financial firms authorised in the UK set up in France. With 2WeekTicket pre-authorisation,…
Read moreIt was announced today San Francisco & NYC based OTC Exchange Network (OTCXN) closed a fresh Series A funding round for a blockchain-based P2P FX Trading Platform. Figures were not disclosed. Phase one of the rollout will specifically target bank and non-bank market-makers who wish to price directly to retail brokers without Prime Brokerage and other intermediaries…
Read moreCommercial blockchain solutions are rapidly being adopted throughout banking and financial markets, dramatically faster than initially expected, finds two new IBM (NYSE: IBM) studies. 15% of banks and 14% of financial market institutions interviewed by IBM intend to implement full-scale, commercial blockchain solutions in 2017. Mass adoption isn't that far behind with roughly 65% of…
Read moreThe online lender IOU Financial (TSX-V: IOU) has entered into a partnership with the global payments provider Paysafe (PAYS: L) to fuel the growth of small businesses in North America. The partnership, which covers the U.S. and Canada, will combine both companies’ market expertise and services to provide small businesses with capital management solutions through…
Read moreFormer financial adviser, Gabriel Nakhl, appeared in the Local Court of New South Wales yesterday on 19 charges brought by ASIC of engaging in dishonest conduct with investor funds. ASIC alleges that Mr Nakhl, of Illawong, NSW knowingly engaged in dishonest conduct in relation to twelve investors by: misleading them about the investments he would…
Read moreGlobal 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…
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