July 26, 2016 BY Valentina Kirilova

FXTM updates to latest MT5 platform to offer new hedging feature

CySEC-regulated Forex broker FXTM (ForexTime) has become one of the first to launch the long-awaited MetaTrader5 trading platform with the option of hedging. The position accounting system will enable traders to perform oppositely-directed deals on a single symbol on real accounts in the fifth generation platform. Hedging allows FXTM’s clients to open multiple positions per…

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July 26, 2016 BY Valentina Kirilova

Monex Group swings into loss in Q1 FY2017

Online trading services provider Monex Group, Inc. (TYO:8698) has reported its quarterly consolidated financial results and financial results of its wholly-owned subsidiary for the first quarter of the fiscal year ending March 31, 2017. The company reports that the preliminary results are prepared in accordance with IFRSs and the subsidiary results – in accordance with…

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July 25, 2016 BY Valentina Kirilova

Mediatrix Capital offers managed accounts in multiple currency denominations

Managed account services provider, Mediatrix Capital Inc., has announced today that it is now accepting trading accounts in multiple global currency denominations including the Euro, British Pound, Japanese Yen, Swiss Franc, Australian Dollar, Canadian Dollar and Chinese Yuan. This accommodation allows investors to maintain or launch new investments in their native base currencies, which means…

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July 25, 2016 BY Valentina Kirilova

Yahoo sold to telecommunications giant Verizon

Verizon Communications Inc. (NYSE:VZ) has confirmed $4.83 billion buyout of online pioneer Yahoo (NASDAQ: YHOO), marking end of an era for company that once defined the internet. The telecoms giant has been the leading candidate in Yahoo's four-month sale process. By pairing Yahoo with AOL, Inc. (NYSE:AOL), which Verizon bought in May 2015 for $4.4…

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July 25, 2016 BY Mike Fox

Gibraltar Stock Exchange adds Bitcoin Exchange Traded Instrument

The Gibraltar Stock Exchange welcomes BitcoinETI (ticker: BTCETI), an asset-backed Exchange Traded Instrument that is invested exclusively in bitcoin, making it the first European regulated product for the leading digital currency. The Bitcoin Exchange Traded Instrument (ETI) was approved for admission to listing on GSX on 22-Jul-2015 and will be co-listed on Deutsche Börse this week under…

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July 25, 2016 BY Mike Fox

ETrade to buy OptionsHouse for $725 million

E*TRADE Financial Corporation (NASDAQ:ETFC) today announced it has entered into a definitive agreement to acquire Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse, for $725 million in cash. The transaction will boost E*TRADE’s derivatives capabilities while expanding its customer profile with the addition of OptionsHouse’s highly active, derivative-centric traders. E*TRADE intends to finance…

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