The Brexit surprises are still coming. And there are likely more in store in the days and weeks ahead. Since the initial drop of the GBPUSD last Friday from the high 1.40's to about 1.32 right after word of the Leave side referendum victory broke, the GBP has been slowly recovering - as have the…
Read moreInternational derivatives broker Sucden Financial today announced that Lucy Wainman (pictured at left) has been appointed Head of Sales (China), following the recent departure of Jeremy Goldwyn. Wainman has been with Sucden Financial since 2006, having previously started her commodity career at LME ring dealing member AMT in 2002. In her new role, Wainman will…
Read moreASIC regulated retail forex broker Vantage FX has announced that it is now easing trading restrictions back to normal conditions across a range of Forex currency pairs and Indices markets. Vantage FX took a very conservative approach to Brexit for it and its clients, raising margin requirements and also initiating Close-Only status for a number of…
Read moreBelize financial regulator the International Financial Services Commission of Belize (IFSC) has issued a warning against binary options broker YieldOptions, owned and operated by HSBO Capital Ltd. According to the IFSC, YieldOptions is fraudulently claiming to hold a license for trading in financial and commodity-based derivative instruments and other securities, issued by the Samoa International Financial Authority. The Licence…
Read moreRetail forex broker OANDA has reported that it saw a 340% increase in trading volumes last Friday, after the results of the Brexit referendum became known. OANDA's announcement seems to be in line with what we have seen from the few other retail brokers and institutional FX platforms, each reporting three to four times normal…
Read moreContinuing a trend we have seen among many leading Retail FX and CFD brokers, CySEC regulated Forex brokerage Orbex has unveiled today a redesigned website. The redesigns we have seen, including Orbex's, lean heavily toward the visual and are geared toward giving users a much more unified experience across all types of devices, especially mobile. The…
Read moreIt is becoming clear as the dust is settling from last week's Leave victory in the UK Brexit referendum that European country government and EU officials are going to do all they can to make it both difficult and expensive for the UK to leave the European Union. Part anger? Part revenge? Part hoping to…
Read moreeFX trading technology solutions provider TradAir has announced that it has secured a contract with UOB Bullion and Futures (UOBBF). TradAir will provide the brokerage’s corporate, institutional and professional clients with TradAir’s fully hosted cloud based HTML5 eFX platform for trading leveraged FX, NDFs and Precious Metals. UOBBF is the Singapore-based wholly owned brokerage arm of United Overseas Bank…
Read moreIt was just announced this week from Eurex Group, one of the leading derivatives exchanges globally that Korean Won denominated EURO STOXX 50 futures were successfully listed on Korea Exchange on 27 June 2016. EURO STOXX 50 futures is the first listed derivative product based on a foreign equity index and will build a foundation for Korea…
Read moreCanada's largest provincial financial regulator, the Ontario Securities Commission (OSC), has issued three new investor warnings against unlicensed binary options brokers. The OSC typically issues warnings regarding unlicensed companies that appear to be engaging in activities that may pose a risk to investors in its jurisdiction, and which are apparently targeting Canadian traders. The OSC's updated…
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