March 10, 2016 BY Maria Nikolova

FXAsia updates disclosure in response to ASIC concerns

The Australian Securities & Investments Commission (ASIC) today announced that FXAsia Pty Ltd (FXAsia) has taken steps to update disclosure on its website (https://www.fxasia.com/) after the regulator voiced its concerns regarding the scope of the company's authorization and the claims on its website. The updates will inform visitors of the corporate website that FXAsia cannot currently…

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March 09, 2016 BY LeapRate Staff

SEC impersonators scam fees from ex Banc de Binary clients due an $11 million settlement

The US Securities and Exchange Commission (SEC) today confirmed LeapRate's earlier report (from February 26) that it had reached an $11 million settlement with unregistered binary options broker Banc de Binary. However the SEC noted that some impersonators claiming to be affiliated with the SEC or other government agencies have recently been contacting harmed investors…

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March 09, 2016 BY Maria Nikolova

Italy's Consob warns against binary options broker 55profit

Italy's financial markets regulator Consob keeps updating its warning list, with the latest addition being 55profit. 55profit, operating from www.55profit.com, offers binary options services to English-speaking and Italian-speaking clientele. The latter fact must have drawn the attention of the Italian watchdog. Consob warns that 55profit is not authorized to offer any investment services in Italy.…

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March 09, 2016 BY Maria Nikolova

CySEC extends suspension of CIF license of SkyFX/Capital Option

The Cyprus Securities and Exchange Commission (CySEC) today prolonged the suspension of the authorisation of Trademarker (Cyprus) Ltd, which operates via the brands SkyFX and Capital Option. The regulator first suspended the Cyprus Investment Firm (CIF) authorization of Trademarker on February 15, 2016, stating that the company violated the Investment Services and Activities and Regulated…

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March 09, 2016 BY Maria Nikolova

DGCX partners with Stellar Trading Systems to enhance global connectivity

The Dubai Gold & Commodities Exchange (DGCX) today announces that multi-asset trading software and services specialist Stellar Trading Systems has become an approved Independent Software Vendor (ISV) on the Exchange. Stellar Trading Systems hosts its infrastructure at DGCX colocation facility to deliver its market making, low-latency order routing and algorithmic trading solutions to DGCX members.…

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March 09, 2016 BY Maria Nikolova

Interactive Brokers launches Apple Watch app

Interactive Brokers Group, Inc. (NASDAQ:IBKR), one of the leading providers of online trading services in the United States, has released an Apple Watch application that will be helpful for users of its TWS platform. The application, which still has limited capabilities, becomes available along Version 8.14 of the IB TWS application for iPhone. This was…

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March 09, 2016 BY Maria Nikolova

Admiral Markets Australia announces appointment of Cristian Moreno as CEO

Admiral Markets today announces that Cristian Moreno has become Chief Executive Officer for Admiral Markets Australia. The qualified engineer and former Education Director for CSC Traders says he is delighted with the move. "Admiral Markets Australia is an outstanding Forex trading brokerage, with a solid gold reputation and strong regulatory backing. It's exciting to know…

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March 09, 2016 BY Maria Nikolova

GMO Click to launch AUD/JPY options

GMO Click Securities, the Japanese online trading services provider which is a part of GMO Click Holdings Inc (TYO:7177), is expanding its FX options offering, with the addition of options based on AUD/JPY. The new instrument will be available to trade from March 14, 2016 (Monday). The company already offers FX options on USD/JPY, EUR/JPY,…

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March 09, 2016 BY Maria Nikolova

Bitcoin Group abandons IPO, ASX listing application

Further to LeapRate's earlier report about Bitcoin Group encountering hurdles regarding its plans to float on ASX, the company announced today that it is withdrawing from its IPO and ASX listing application. Bitcoin Group will continue with its bitcoin mining activities and is considering renewing its IPO and ASX listing attempts in the future.The company…

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