October 04, 2016 BY Valentina Kirilova

FXSpotStream announces 24% rise in September's FX volumes

Multibank FX aggregation service FXSpotStream has reported that September volumes on its system jumped to $15,452 with the impressive 24% MoM (single count) daily. However September volumes were down with 4.7% YoY from September 2015. FXSpotStream’s best-ever month still remains this past February, at $21 billion ADV. FXSpotStream is a wholly owned subsidiary of LiquidityMatch LLC (which is…

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October 04, 2016 BY Valentina Kirilova

ASIC cancels AFS licence of Lotus Securities

ASIC has cancelled the Australian financial services (AFS) licence of Lotus Securities Ltd (AFS licence 306812) for failing to comply with a number of its key obligations as a financial services licensee, including: lodging its financial reports within the required timeframe; lodging compliance plan audits and financial reports for the managed investment schemes it operates…

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October 03, 2016 BY Mike Fox

Ontario Securities Commission appoints Jeff Kehoe as new Enforcement Director

Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Jeff Kehoe as Enforcement Director, effective October 11, 2016. Jeff has over a decade of experience overseeing the Canadian capital markets as Director and Vice President of Enforcement at the Investment Industry Regulatory Organization of Canada (IIROC). Prior…

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October 03, 2016 BY Mike Fox

Interactive Brokers September DARTs rebound 13% higher MoM

Interactive Brokers Group, Inc. (NASDAQ: IBKR) an automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for September. DARTs were higher in September as trading looks to pick up from August. Interactive Brokers also saw rises YoY and MoM in client accounts, with the global brokerage house now handling 370,000…

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October 03, 2016 BY Mike Fox

Forex asset manager Darwinex releases mobile app for Android

It was announced today that  FCA-UK regulated FX asset manager and STP broker Darwinex released its proprietary mobile app for Android users, and is now available on the Google Play Store. The Darwinex Investor App allows investors to replicate individual traders or to diversify their investment into multiple strategies. Darwinex is the online platform that allows…

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October 03, 2016 BY Mike Fox

Saxo Bank provides list of enhancements for SaxoTraderGO platform

Over the weekend Saxo Bank made a number of improvements to the SaxoTraderGO platform which are now available starting today. Saxo launched the HTML5 multi-asset SaxoTraderGo platform back in May of last year. A key point of SaxoTraderGO is keeping you updated on your trading with easy access from all devices (iOS, Android and Web). You…

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October 03, 2016 BY Valentina Kirilova

Moscow Exchange's migration to new data center is near completion

The DataSpace1 data center will become the focal point of data processing for the MOEX trading and clearing platforms on 7 November 2016. The M1 data center currently the MOEX primary DC, will operate as a disaster recovery site. DataSpace1 is the first commercial data centre in Russia and continental Europe to have successfully completed…

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October 03, 2016 BY Valentina Kirilova

ESMA consults on consolidated tape for non-equity products

The European Securities and Markets Authority (ESMA) has issued today a consultation paper on its draft regulatory technical standards (RTS) regarding the creation of a consolidated tape for non-equity instruments which is required under the Markets in Financial Instruments Directive (MiFID II). The new MiFID II framework, which covers equity-like and non-equity instruments traded on…

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October 03, 2016 BY Mike Fox

FXCM announces $15 million at-the-market offering to reduce debt

FXCM Inc. (NASDAQ:FXCM) a leading globally regulated Forex broker today announced that it has commenced a $15 million at-the-market offering program. Under the program, FXCM may, from time to time and at its discretion, offer and sell shares of its Class A common stock (Common Stock) having an aggregate gross sales price of up to…

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