Japanese retail FX broker FXTrade Financial Co., Ltd. (FXTF) has announced its plans to terminate the offer of the High Speed FX trading service and to focus on MetaTrader 4 (MT4). The termination of High Speed FX is scheduled for July 9, 2016, with users of the service offered to switch to MT4. The switch…
Read moreNorth American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), has recently released a new and beefed up version of its binary options application for iOS devices. The latest version (5.0.5) offers improvements to the overall performance and user experience and also provides traders with the ability to securely upload application documents…
Read moreThe article below is a guest contribution from Matt Vann of Oxegen Media, a London based company whose focus rests solely on advertising for retail trading of commodity futures and forex. -- [dropcap color="#000000" font="tahoma"]I[/dropcap]t really baffles me that in this day and age, when computers have been around for an eternity, and web marketing has…
Read moreTullett Prebon Plc (LON:TLPR) today announces the appointment of Andrew Baddeley as its Chief Financial Officer. Mr Baddeley succeeds Paul Mainwaring who is standing down after nearly ten years in the role of Group Finance Director. In addition, Mr Baddeley will also join the board of Tullett Prebon as an Executive Director, effective May 13,…
Read moreHong Kong's Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Amid the latest additions to the Alert List is…
Read moreGovernor Andrew M. Cuomo today announces that the New York State Department of Financial Services (DFS) has granted authorization Gemini Trust Company, LLC to offer the trading of Ether, an emerging cryptocurrency, on its virtual currency exchange based in New York City. As a limited purpose trust company chartered under New York State Banking Law,…
Read moreThomson Reuters Corp (NYSE:TRI) has published the volumes metrics for April 2016, with spot FX volumes continuing to slide after registering a 6.3% month-on-month drop in March 2016. Spot FX volumes averaged $97 billion a day in April 2016, down 6.7% from the result of $104 billion reported in March 2016. The annual comparison was…
Read moreRussia's National Settlement Depository (NSD), part of the Moscow Exchange group of companies, has earlier today reported its operating metrics for the first quarter of 2016, with the number of transactions registered with NSD's Repository marking a 60% year-on-year jump. Central Securities Depository’s Services In the first quarter of 2016, the value of assets under…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets metrics for April 2016, with trading activity on EBS slowing down further last month, following an already subdued March 2016. Average daily volumes at EBS amounted to $82.3 billion in April 2016, down 2%…
Read moreRetail FX broker Exness, being true to its transparency commitment, has published key performance metrics for April 2016, with trading volumes down steeply in both monthly and annual terms. The company reported monthly trading volumes of $165.6 billion for April 2016, down 16.3% from the result of $197.9 billion registered in March 2016. The annual…
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