CFTC data from US retail forex brokers is out for July showing a slight increase overall of 0.94%. Moreover, this report should be the last report before Interactive Brokers is removed from the retail FCM list. Like promising new entrant to the U.S. FX trading market Phillips Capital, whose NFA/CFTC Retail FX license became null after…
Read moreCME Group, the world's leading and most diverse derivatives marketplace, today announced that Chicago Mercantile Exchange Inc. obtained full recognition as a foreign central counterparty (CCP) in Mexico from the Banco de México, effective September 2, 2016. Since April 2016, the clearing house division of CME Group, CME Clearing, had operated under temporary recognition pending…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of New York against Fan Wang a.k.a. Alex Wang (Wang), a Chinese national who resides in Short Hills, New Jersey. The CFTC’s Complaint charges Wang with willfully making false reports in connection with…
Read moreRetail Forex broker FXTM announced that its FXTM Partners is proud to be launching a brand new Hybrid Affiliate Program. This partnership program is ideal for bloggers, social media gurus, webmasters and SEO specialists looking to broaden their online business and enhance their earning opportunities by tapping into the forex industry. Prospective partners will gain access to one…
Read moreLime Brokerage, a Wedbush Company, and Vela Trading Technologies, a global leader in high performance trading and market data technology, are pleased to announce the integration of Lime’s Strategy Studio, its software solution for streamlined strategy research and deployment, and Vela's market leading low latency direct feed handlers. Both companies share a commitment to high…
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 moreMr Madhvan Nair, a former mortgage broker with AHL Investments Pty Ltd (trading as Aussie Home Loans), was convicted and sentenced in the Downing Centre Local Court last week on eighteen charges involving the submission of false or misleading information to banks. Mr Nair was convicted after admitting to providing documents in support of eighteen…
Read moreBroadridge Financial Solutions, Inc. (NYSE:BR) and PwC’s Governance Insights Center have released their ProxyPulse report for the 2016 proxy season analyzing data from 4,200 U.S. public company annual shareholder meetings held between January 1 and June 30, 2016. According to the report, companies have been seeking a greater understanding of their retail shareholder base, including key…
Read moreThe research company focused on the financial services sector, Autonomous Research, has announced that Alexey (Lex) Sokolin has joined the group as Partner and Global Head of Fintech Strategy. Drawing on his experience as an innovator, speaker and Fintech entrepreneur, Lex will deepen the firm's expertise in emerging technology and spearhead its mission to advise clients on…
Read moreFinancial exchanges operator Bats Global Markets Inc (BATS:BATS) will further enhance its Periodic Auctions book with the introduction of a Minimum Acceptable Quantity (MAQ) feature in Q4 2016 for participants seeking to trade in larger sizes. The new feature provides participants with control over the minimum total execution size of their order, subject to regulatory approval.…
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