Retail forex broker Saxo Bank has continued the build-out of its management team, with the hiring of Jeff Zorek as Chief Operating Officer (COO) of Global Sales. Zorek will be based in London and will report to Matteo Cassina, Global Head of Sales at Saxo Bank. In this newly created role, Zorek will be responsible for…
Read moreWill Goldman expand its new offering beyond basic online Retail banking to include trading and other services?
Read moreLeading Swiss online trading, banking and investment services provider Swissquote Group Holding SA (SWX:SQN) has released an update to its mobile application Advanced Trader, with the enhancements covering both the iOS and Android version of the solution. The latest enhancements include the addition of new instruments and some minor improvements. Users of the Android app are…
Read moreFCA regulated retail forex broker ICM Capital has added MT4 Web Trader, a new web-based trading terminal requiring no download or installation for both live and demo servers. To start using the terminal clients simply need to apply for an account with ICM Capital and have a stable internet connection. Web traders have become increasingly…
Read moreItaly's financial markets watchdog Consob has earlier today issued a couple of more warnings at investment firms targeting Italian residents without having the necessary authorization to do so. The latest number of companies to get such warnings includes FX firm Venice Forex Investment. Consob notes that Venice Forex Investment Doo is not authorized to provide…
Read moreA month after Singapore Exchange Limited (SGX:S68) welcomed Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members, it announces a new derivatives trading member. The latest addition is Hong Kong-based Zhongrong International Futures Company Limited. The admission of Zhongrong International Futures Company Limited takes the total number of Trading Members in SGX’s…
Read moreThe Financial Services Compensation Scheme (FSCS), the UK's statutory compensation scheme for customers of authorised financial services firms, has announced its levy for 2016/17. FSCS, which is well known to former customers of Alpari (UK) Limited and LQD Markets UK, which fell victims of the Swiss franc spike on January 15, 2015, will levy £337 million…
Read moreNew Zealand's Financial Markets Authority (FMA) has earlier today updated its list of unregistered businesses, adding one more FX company to it. The latest addition to the list is Hangsiu Group Limited, operating via www.hangsiugroup.com. The company offers a variety of FX services, including trading on MT4. The FMA is concerned that the website of…
Read moreOnline trading services provider Exness Group today published a “Report of Factual Findings on Exness' funds” conducted by international audit expert Deloitte, reiterating its advocacy of increased transparency in the FX industry. The report has confirmed Exness to have $83.78 million of own funds. Exness is publishing annual funds audit on top of quarterly publications of…
Read moreInternational provider of online trading services Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary metrics for the full year to March 31, 2016, with net profit staging a small increase in annual terms. The Group reported profit attributable to its owners of JPY 3.55 billion ($31.98 million), up 1.6% from the reading of…
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