May 06, 2016 BY Maria Nikolova

XTB successfully completes IPO at valuation of $349 million

It wasn't exactly at the valuation they were hoping for, nor the numbers being recklessly bandied about in several Forex blogs recently, but Forex broker and platform provider XTB did successfully float its shares and begin trading today on the Warsaw Exchange. XTB operates its own FCA-regulated XTB Online Trading retail forex brand, and also…

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May 06, 2016 BY Maria Nikolova

Markit buys into commodities price reporting agency PRIMA

International provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that it has acquired an interest in UK-based commodity markets research and price reporting agency PRIMA. PRIMA’s price assessment service provides impartial benchmarks for global niche markets in renewable commodities. PRIMA has designed its own unique competitive proprietary pricing software to eliminate some of…

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May 06, 2016 BY Maria Nikolova

Nadex Binary Options app for iOS devices gets updated

North American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), has recently released a new and beefed up version of its binary options application for iOS devices. The latest version (5.0.5) offers improvements to the overall performance and user experience and also provides traders with the ability to securely upload application documents…

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May 06, 2016 BY Mike Fox

The importance of effective tracking on your advertising

The article below is a guest contribution from Matt Vann of Oxegen Media, a London based company whose focus rests solely on advertising for retail trading of commodity futures and forex. -- [dropcap color="#000000" font="tahoma"]I[/dropcap]t really baffles me that in this day and age, when computers have been around for an eternity, and web marketing has…

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May 06, 2016 BY Maria Nikolova

Tullett Prebon appoints Andrew Baddeley as CFO

Tullett Prebon Plc (LON:TLPR) today announces the appointment of Andrew Baddeley as its Chief Financial Officer. Mr Baddeley succeeds Paul Mainwaring who is standing down after nearly ten years in the role of Group Finance Director. In addition, Mr Baddeley will also join the board of Tullett Prebon as an Executive Director, effective May 13,…

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May 06, 2016 BY Maria Nikolova

Hong Kong's SFC warns against FX Protrade

Hong Kong's 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. Amid the latest additions to the Alert List is…

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May 05, 2016 BY Maria Nikolova

New York DFS authorizes Gemini Trust Company to offer Ether trading

Governor Andrew M. Cuomo today announces that the New York State Department of Financial Services (DFS) has granted authorization Gemini Trust Company, LLC to offer the trading of Ether, an emerging cryptocurrency, on its virtual currency exchange based in New York City. As a limited purpose trust company chartered under New York State Banking Law,…

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May 05, 2016 BY Maria Nikolova

Russia's NSD posts 60% YoY rise in transactions registered with Repository in Q1 2016

Russia's National Settlement Depository (NSD), part of the Moscow Exchange group of companies, has earlier today reported its operating metrics for the first quarter of 2016, with the number of transactions registered with NSD's Repository marking a 60% year-on-year jump. Central Securities Depository’s Services In the first quarter of 2016, the value of assets under…

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