April 15, 2016 BY Maria Nikolova

Russia's National Financial Association re-elects Eddie Astanin to Board of Directors

Eddie Astanin, Chairman of the Executive Board of Russia's National Settlement Depository, part of the Moscow Exchange group of companies, has been re-elected to the Board of Directors of the self-regulated non-commercial organization, the National Financial Association. The re-election was made in accordance with a resolution passed at the annual general shareholder meeting of the National Financial…

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April 15, 2016 BY Maria Nikolova

RoboForex shifts oil CFD positions to “Close Only” mode

Retail FX broker RoboForex is changing the trading conditions for positions in CFDs on oil, due to expected low liquidity around the oil producers summit in Doha on April 17, 2016. Trading in Brent and WTI instruments will only be allowed in "Close Only" mode, effective 12:00 PM server time, Friday April 15th. The company…

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April 15, 2016 BY Maria Nikolova

ESMA announces first EU-wide stress test exercise for CCPs

The European Securities and Markets Authority (ESMA) has scheduled its first European Union-wide stress test exercise regarding Central Counterparties (CCPs) for April 29, 2016. ESMA is mandated to conduct stress tests of CCPs under the European Markets Infrastructure Regulation (EMIR). The stress test gauges the resilience and safety of the European CCP sector and seeks…

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April 15, 2016 BY Maria Nikolova

AAT approves ASIC agreement with promoter of non-existent fund

A follow-up to LeapRate's earlier story about the Australian Investments and Securities Commission (ASIC) banning Paul Duncan, a promoter of 'Exalt Managed Futures Fund', which never actually existed... The Administrative Appeals Tribunal (AAT) has approved an agreement reached between ASIC and Mr Duncan, to ban him from providing financial services. The agreement cuts the term…

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April 14, 2016 BY Maria Nikolova

Omega Securities to build matching engine at Equinix's Toronto Campus

International interconnection and data center company Equinix Inc (NASDAQ:EQIX) today announces that Omega Securities Inc. will build its matching engine in Equinix's recently opened Toronto International Business Exchange (IBX) data center, TR2. Through the new matching engine, Omega, operating providers of financial services to investors and traders Omega ATS and Lynx ATS, will offer its…

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April 14, 2016 BY Maria Nikolova

IG Group announces launch of its London Mayoral Election Barometer

Online trading services provider IG Group Holdings plc (LON:IGG) is launching the IG London Mayoral Election Barometer, an indicator of what financial traders expect will happen in the London Mayoral Election on May 5, 2016. The data currently shows IG clients are overwhelmingly forecasting Sadiq Khan will become the next London Mayor, with an 88%…

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April 14, 2016 BY Maria Nikolova

FxPro presents the latest version of its homepage

Retail Forex and CFD broker FxPro today unveiled the latest version of its homepage. The redesign reflects suggestions from FxPro's clients and now the layout is simplified in order to make it more attractive and easy to navigate for newcomers. Also, the company now provides some useful information for the five most popular symbols from each…

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April 14, 2016 BY Maria Nikolova

Seabury FXone partners with Beeks Financial Cloud

Customers of Seabury FXone can now access Equinix’s New York (NY4) and Tokyo (TY3) data centers via Beeks. This has been made possible via a partnership between financial cloud infrastructure provider Beeks Financial Cloud and provider of FX liquidity management solutions Seabury FXone, a subsidiary of Seabury Group. Seabury FXone customers can now benefit from…

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April 14, 2016 BY Maria Nikolova

KCG sees market making volumes drop 16.7% MoM in March 2016

KCG Holdings, Inc. Class A (NYSE:KCG) has earlier today published its operating metrics for March 2016, with the month showing continued decline in market making volumes for the company. In Market Making, KCG averaged $26.0 billion dollar volume traded, 5.1 billion shares traded, and 3.7 million trades per day in U.S. Equities. The result is…

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April 14, 2016 BY Maria Nikolova

France's Financial Ombudsman receives 228 claims related to FX, binary options brokers in 2015

Marielle Cohen-Branche, the AMF Ombudsman, today published the annual report for 2015, raising concerns about the rising number of claims regarding the activities of Forex/binary options companies. The bulk of complaints, the Ombudsman noted, relates to firms regulated in Cyprus. Each year, the number of cases related to FX/binary options that the Ombudsman receives continues…

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