Online trading services provider FxPro has informed its clients of pending changes to trading conditions on energy products (spot & futures). Effective April 12, 2016 10:00 GMT+3, the margin requirements and swaps for Energy financial instruments will be amended. Margin will increase to 1% whereas swaps will also be affected. The changes will apply to both…
Read moreNew Zealand's Financial Markets Authority (FMA) keeps its battle against investment companies seeking to defraud local investors with promises of easy money and artificially high profits. In a special announcement out today, the New Zealand regulator alerts investors against dealing with firms whose services and products fall outside the perimeter of regulation. The FMA says…
Read moreJapan's Financial Services Agency (FSA) has earlier today updated its lists of businesses that are not authorized to target Japanese investors but nevertheless do so. The latest business to get a warning for providing investment services in Japan without registration is Cheshire Capital Ltd, operating as TR Binary Options. The binary options broker offers its…
Read moreThomson Reuters Corp (NYSE:TRI) has published the volumes metrics for March 2016, with the results in tune with what the bulk of the industry has displayed thus far – meaning that spot FX trading volumes staged a drop. Spot FX volumes averaged $104 billion per day in March 2016, down 6.3% from the result of…
Read moreRetail forex broker FXCM Inc (NYSE:FXCM) has announced key customer trading metrics for March 2016 for both its retail and institutional foreign exchange business. Not surprisingly, retail volumes in March were down at FXCM (by 6%), in line with what we have seen at most other leading brokers. However institutional volumes popped more than 50%…
Read morePragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing. The algorithm is based on patterns detailed in a research paper released by Pragma today. Following recommendations from regulators in the…
Read moreAdvanced Markets LLC, the leading institutional liquidity provider and prime of prime, and Fortex Inc., the pace-setting FX technology company, have today announced the appointment of Bjorn Enqvist to the role of Managing Director. Bjorn will be responsible for driving business growth in Europe and worldwide through his vast expertise and institutional insight. Bjorn joins…
Read moreZ.com Trade, a subsidiary of GMO Click Holdings Inc (TYO:7177), today announces two new additions to its CFD offering. Traders using the MT4 platform with Z.com Trade can now make use of contracts for difference on two very popular stock indices: UK100 (FTSE 100) and GER30 (DAX 30). In order to view the new products,…
Read moreSince the launch of Protrader Multi-Connect (PTMC) in January this year, the solution has already been significantly developed, with the latest step in this direction announced today. AlgoStudio, a powerful and much-needed functionality for algo traders, has become available to users of PTMC. Thanks to this tool, traders will be able to adapt the PTMC to…
Read moreLess than three months after its launch, Tradimo's Little Traders app for iOS devices already boasts 5,000 players making use of this entertaining and useful solution. Tradimo released an updated version of the application today, adding German and Arabic languages to the English version of the program. Thus, more traders can dive into the world…
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