Leading CySEC and FCA regulated broker FxPro today announced key execution statistics registered during the months of April, May and June 2016. The statistics show a slight increase in positive slippage and a drop in requotes. The second quarter of 2016 was yet another busy period for FxPro with many developments taking place, including the…
Read moreThe Governor of the Dubai International Financial Centre (DIFC), HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC…
Read moreThe Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of August 9, 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade…
Read moreUK fund management house Octopus Investments has launched a fintech accelerator to nurture 'product-ready' startups, alongside an inhouse development incubator. Applications for the 12-week accelerator program - providing the usual mix of mentoring and office space - are now open, with the £6 billion fund promising to invest or ‘spin-in’ successful cohort businesses. The inhouse…
Read moreFinancial exchanges operator Bats Global Markets Inc (BATS:BATS) has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms. To…
Read moreOur coverage of the planned merger between publicly traded shell company Nukkleus Inc (OTCMKTS:NUKK) and regulated retail forex brokers IronFX and FXDD (as well as FX platform provider Forexware) has been met with a little bit of puzzlement and misunderstanding by our audience. Which is understandable. Mergers, reverse takeovers of public companies, technology licensing, and multi-stage…
Read moreAsian shares dropped on Monday, while the dollar index added 0.4% to 94.879, pulling away from its last week’s lowest mark since June 24. Global central bankers will join the annual mountain retreat opening on Thursday. Fed Chair Janet Yellen will also be taking part with a Friday speech. European markets opened quite lower on…
Read moreThe MetaTrader 5 multi-asset platform has expanded its trading features: the gateway to CQG platform goes live following the recent release of the gateway to Interactive Brokers. The application developed by Forexware provides direct access to CME, CBOT, NYMEX, ICE, EUREX and dozens of other global exchanges. The range of instruments traded on the exchanges is…
Read moreBehavioral profiling based trading tool provider PsyQuation has announced that David Hobart has joined the PsyQuation team to head up its Performance Consulting business. Hobart and PsyQuation plan to work with banks, Forex brokers, and investment firms to enhance investment returns for traders. PsyQuation is a robo trading coach that helps traders to generate more profits. Using machine learning…
Read moreMonex Group, Inc. (TYO:8698) has shared its monthly consolidated financial results (IFRS) for July 2016, reporting operating revenue of ¥3.68 million. The numbers have dropped slightly from the previous month (¥4.17 million in June). See the full information below:
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