Harmony's growth has been particularly strong in the Asia-Pacific region, with volumes now making up 26% of the total.
Read moreAnyoption analyst Elise Blanford takes an interesting look at last week's Brexit referendum, and what lies ahead for traders and the financial markets. For more of Elise’s research see the Anyoption blog. [divide] In a stunning turn of events, the British electorate voted to leave the European Union on Thursday by a margin of 52% to…
Read moreFCA-regulated retail forex and CFD broker Plus500 Ltd (LON:PLUS) has announced some changes to its Board of Directors. The company added seasoned compliance executive Penny Judd as a non-executive director. Judd is currently EMEA Head of Compliance in the London office of Japanese banking giant Nomura Holdings, Inc. (ADR) (NYSE:NMR), although she plans to step down from…
Read moreAustralian financial regulator ASIC has announced that it has cancelled the Australian Financial Services (AFS) license of Queensland-based Advamode Financial Pty Ltd. Advamode offered a raft of financial services to Australian customers, including online trading with CFDs and Forex instruments. The cancellation was made at Advamode's request after the company was placed into liquidation on 4…
Read moreThe Taiwan Stock Exchange Corporation (TWSE) and Bursa Malaysia Berhad (Bursa Malaysia) have announced that the two market operators have signed a Memorandum of Understanding (MoU) to undertake a joint study to explore capital market opportunities to expand various areas of potential cross-border cooperation, namely in exchange traded funds (ETFs), indices, market connectivity, and market promotional activities. An earlier Memorandum…
Read morePayments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has provided its Trading Update for the first six months of 2016, indicating that the company has had a very strong first half of the year. SafeCharge stated that its EBITDA for 1H-2016 will come in ahead of USD $16 million, which will make the…
Read moreCySEC and ASIC regulated brokerage easyMarkets today launched a new feature on its trading platform to better help manage risk. dealCancellation allows clients to ‘cancel’ losing deals within an hour after opening them and have their original investment refunded. dealCancellation incurs a fee of a few pips when the deal is opened but gives the trader…
Read moreAfter deciding to keep increased margin requirements in place over the weekend, CySEC regulated retail forex broker CFI Markets has issued a note to clients, indicating that it is now easing margin requirements on certain currency pairs and financial instruments. The note sent by CFI Markets to clients (and the table indicating new margin levels) reads as…
Read moreThe following guest post is courtesy of Shoaib Abedi, Director and co-founder of online trading services provider ICM Capital. ICM Capital is a UK headquartered company licensed and regulated by the Financial Conduct Authority (FCA) in London, with six offices spread around the world. [divide] Uncertainty is the most important word that market participants can’t get out…
Read moreContinuing our reporting on record FX trading volumes seen at institutional eFX platforms on Friday after the Brexit vote sent the currency markets is a tizzy, Gain Capital Holdings Inc (NYSE:GCAP) has reported that GTX, its institutional foreign exchange trading arm, set a record trading volume of $24.2 billion (single count) on Friday June 24, 2016.…
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