Early last year, the state of New York began requiring a license to engage in virtual currency activity. Ripple engaged with New York’s Department of Financial Services (DFS) and today received a “BitLicense” to sell and custody XRP, the digital asset native to the Ripple Consensus Ledger, for institutional investors and financial institutions in New…
Read moreOanda passes Gain Capital / Forex.com into the #2 slot in US Retail Forex, behind industry leader FXCM.
Read moreThe U.S. Financial Industry Regulatory Authority (FINRA) today announced that its Board of Governors has concluded its CEO search, and appointed Robert W. Cook as its new CEO, effective the second half of 2016. Mr. Cook will succeed Richard G. Ketchum, who has served as Chairman and CEO since 2009. Unlike Mr. Ketchum, Robert Cook will…
Read moreWho said that business social networking didn't pay? In a bid to shake up its somewhat stagnant software business and become more of a serious online player, especially when it comes to people interacting online, Microsoft Corporation (NASDAQ:MSFT) has made a $26.2 billion bid to buy business social networking site LinkedIn Corp (NYSE:LNKD). LinkedIn has become…
Read moreAs our news ticker continues to beep throughout the day it seems as though every few minutes there's an 'Exclusive' report about some broker or other raising its margin requirements for clients ahead of next Thursday's Brexit vote. One of the first such reports we made on topic, for one of the first brokers to…
Read moreINTL FCStone's Global Payments Division specializes in transferring funds in local currency to the developing world.
Read moreHong Kong Exchanges and Clearing Limited (HKEX) has admitted two additional information vendors (IVs) to its Mainland Market Data Distribution Partnership Programme to further enhance the distribution of prices and other product information from its derivatives markets to Mainland investors. The new vendors approved are Webstock Information Systems, and Zhengzhou Esunny Information Technology. The Mainland Market Data…
Read moreThe Belize IFSC regulated RoboForex division announced today limitations on leverage across, MT4, MT5 and cTrader platforms on GBP instruments, as well as "Close only" notifications for MT4, MT5. As traders know, the June 23rd 2016, UK referendum is approaching for "Brexit", on the country exiting the European Union (EU). Therefore, all currency pairs with the British…
Read moreLeapRate Exclusive... LeapRate has learned that trading platform and technologies provider Leverate is undergoing a series of internal changes, including a number of layoffs and reassignment of employees to different roles and departments. The changes are apparently happening as the company has had some difficulty with its start-a-forex-brokerage campaign, an area which has become increasingly…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated retail forex broker Valutrades has tightened its relationship with Indonesia's Monex Investindo Futures, by adding Monex's Executive Vice President and Chief Marketing and Sales Officer Jeffrey Ng (pictured at left) as a non-executive Director. Ng will be bringing Valutrades expertise in marketing, performance management and systems and controls for…
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