Deutsche Börse has announced an unscheduled change to the DAX index. Following, the spin-off of Uniper SE from E.ON SE, an adjustment of the DAX index is required. On 12 September, Uniper SE will therefore be included in the DAX index for one day. This adjustment ensures the trackability of the index for investors. The…
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Shares of rival online broker IG Group also hit by CMC comments on low client trade values during
Read moreWestpac Banking Corporation (WBC:ASX) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following a customer complaint, Westpac notified ASIC that customers may have been incorrectly charged foreign transaction fees for Australian dollar transactions processed by overseas merchants. Because…
Read moreASIC has cancelled the Australian Financial Services (AFS) licence of Brisbane-based education and training business, The Sharemarket College Pty Ltd (AFS licence No 331635). ASIC has also banned the Responsible Managers of The Sharemarket College, Mr Graeme Allan Rogers and Mrs Jill Rogers. The Sharemarket College failed to comply with a number of its obligations…
Read moreDukascopy Bank has announced that identification of clients is now made in 15 minutes during a video session, respectively opening an account and starting to trade can be done within 1 hour. Dukascopy Bank was often criticized on Internet forums because of its long and bureaucratic account opening process requiring 10 days in average and up…
Read moreFinancial technology group ayondo today announced it has relaunched its website, with a fresh design and added features aimed at further improving the trading experience for its clients. Users can now quickly get to where they need to be thanks to a more modern and responsive layout, and additional tools such as a new charting…
Read moreCFTC 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…
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