September 14, 2016 BY Valentina Kirilova

CBA pays $180,000 in penalties and will write off $2.5 million in loan balances

Commonwealth Bank of Australia (ASX:CBA) has paid four infringement notices totalling $180,000 in relation to breaches of responsible lending laws when providing personal overdraft facilities. CBA has reported this matter to ASIC following an ASIC surveillance. CBA conducted an internal review which identified a programming error in the automated serviceability calculator used to assess certain…

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September 14, 2016 BY Valentina Kirilova

INTL FCStone beefs up research team adding Vincent Deluard

INTL FCStone Inc. (NASDAQ:INTL) has announced that Vincent Deluard has joined the Broker Dealer Division of its subsidiary INTL FCStone Financial Inc. as Vice President, Global Macro Strategy and will provide macro-economic and fundamental market commentary on the securities markets with a global perspective. Before joining INTL FCStone, Deluard served as Europe Strategist for Ned Davis Research…

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September 14, 2016 BY Valentina Kirilova

Alpari adds Index and Commodities CFDs to MT4 and MT5 accounts

Alpari has announced that they are extending the list of their trading instruments. From September 12, 2016, trading of futures CFD for the following indices and commodities will be available for ecn.mt4, ecn.mt5 and pro.ecn.mt4 accounts. Symbol in МetaTrader 4 and MetaTrader 5 Full name Quote accuracy Margin,% CAC40 France 40 0.01 3 BRN UK Brent (Spot)…

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September 14, 2016 BY Mike Fox

Money.Net integrates Vela’s SuperFeed into its market data platform

Vela, a global industry leader in high performance trading and market data technology, has successfully on-boarded its consolidated market data feed, SuperFeed, at Money.Net, one of New York’s fastest growing financial services companies. Money.Net has integrated SuperFeed’s normalized low-latency content into its market data distribution platform allowing it to grow into other asset classes and…

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September 14, 2016 BY Mike Fox

RoboForex launches dedicated equities CFD platform

Another FX brokerage diversifying away from its core spot FX offering we learned about today includes RoboForex. The CySEC and IFSC regulated brokerage company has launched a dedicated platform and domain specifically for stock CFD trading at subdomain stock.roboforex.com. The CFD platform includes over 8,000 instruments including ETFs, leverage up to 1:20, and dividend payouts as…

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September 13, 2016 BY Mike Fox

CME Group announces first trades of new EU Wheat futures contract

CME Group Inc (NASDAQ:CME) the world's leading and most diverse derivatives marketplace, today announced that the first EU Wheat futures contracts were traded on Monday, September 12, 2016. A total of 411 futures contracts were traded, equaling over 20,000 metric tons. Trades took place in five delivery months from December 2016 up to December 2017. Open…

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September 13, 2016 BY Valentina Kirilova

Sun Bingo and Fabulous Bingo selected SafeCharge's payment technologies to provide players with a seamless deposit and more

SafeCharge (LON:SCH) has announced that Sun Bingo and Fabulous Bingo, Bingo brands of leading UK newspaper, The Sun, have selected SafeCharge’s advanced payment technologies to provide players with a seamless deposit and withdrawal journey. By selecting SafeCharge’s payments technologies, both Bingo brands are now providing players with a platform agnostic deposit and withdrawal solution that…

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September 13, 2016 BY Valentina Kirilova

Oracle ERP users gain access to OANDA FX rates via FXLoader

OANDA Solutions for Business, the corporate-focused business unit of FX services provider OANDA Corporation, has announced that it has partnered with FX integration software provider FXLoader, to deliver automated exchange rates data to Oracle ERP customers. The partnership will enable users of Oracle JDEdwards, Oracle E-Business Suite, Oracle Cloud, and Peoplesoft to retrieve automated exchange rates…

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September 13, 2016 BY Valentina Kirilova

Clearstream announces August report, prepares for its migration in February 2017

Clearstream has just announced its August report. The highlights last month are: - Successful TARGET2-Securities wave three migration - Clearstream prepares for its migration in February 2017 After the successful third migration wave, TARGET2 Securities (T2S) is now gaining momentum, and Europe is one step closer to a harmonised settlement. With its own migration drawing…

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