Although trading activity was subdued across many venues in March 2016, the volumes metrics just published by Taiwan Futures Exchange (TAIFEX) show a rise in overall turnover and in RMB futures volumes, in particular. Overall trading volumes at the Exchange amounted to 22,400,159 contracts in March 2016, up 69% from the result of 13,258,237 contracts…
Read moreForex industry news at LeapRate was certainly dominated this week by regulator-related issues. LeapRate was first to report that ACFX - one of the leading Cyprus-based retail forex brokers - had its CIF license suspended by CySEC, and has been given one month to rectify things. The post generated a flood of comments, with many…
Read moreWhat happens when emerging market economies collapse...
Read moreThe British Columbia Securities Commission (BCSC) on Friday issued a warning against binary options firm Opteck, thus taking the number of participants in its Investment Caution list to 155. Opteck, a brand of CST Financial Services Ltd, offers its services via opteck.com. The broker claims to be based in Belize City, Belize. The regulator has…
Read moreThe UK Competition and Markets Authority (CMA) today announces the opening of an inquiry into the planned deal between ICAP plc (LON:IAP) and Tullett Prebon Plc (LON:TLPR). The watchdog is examining the proposed acquisition of ICAP's global wholesale broking and information business (IGBB) by Tullett and the planned acquisition of a 19.9% stake in Tullett by…
Read moreUS-based trading technology developer ChartIQ has announced the upcoming launch of a new and improved version of its trading and charting application Technician. The improved application will offer users all-new design for mobile devices, as well as the ability to trade from the chart. It will also provide access to various market news and detailed…
Read moreInternational clearing house LCH.Clearnet Ltd announced today that it has obtained approval for a clearing licence from the Japanese Financial Services Agency (FSA). The licence allows LCH.Clearnet to clear non-Yen OTC interest rate derivatives, on behalf of local banks based in Japan through its SwapClear service. Before LCH.Clearnet gained this licence, Japanese banks were able…
Read moreThe following guest post is courtesy of HiWayFX. [divide] With more than 25% of the global proven oil reserves and more than 255 trillion cubic feet of gas reserves; Saudi Arabia reported to generate more than 85% of the country’s export revenues from this hydrocarbon wealth for the fiscal year 2013. However in the present…
Read moreThe Malta Financial Services (MFSA) Authority today notified the public that is has become aware of the binary option website https://www.stock-binary.com/contact.html which is misleading the public by using in its “contact page” the name and details of a genuine firm authorized by the MFSA, thus giving the erroneous impression that the entity is licensed by…
Read moreRetail Forex broker Exness, staying true to its transparency commitment, has just published its key operating metrics for March 2016. In contrast with the month-on-month drop in trading volumes the majority of online trading companies have reported thus far, Exness managed to see a nice increase in FX turnover in March 2016. The company reported…
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