The reverberations continue from last January's surprise SNB move to remove the EURCHF floor leading to a 20% surprise spike in the value of the Swiss Franc against most major currencies. Leading retail forex broker Saxo Bank has issued its 2015 Annual Report and released its 2015 results, which saw the bank report a 29% drop in…
Read moreThe following guest post is courtesy of Katya Yun, Head of Marketing at MT4 technologies provider Takeprofit Technology. Takeprofit’s products include A and B-book risk management solutions, the Klondike liquidity bridge, and the Ashira automated dealer anti-cheating defense. Takeprofit’s clients have included Forex brokerages and white-label solution providers such as Darwinex, FXPIG, FXSTAT, BTFX, FinFX.…
Read moreThe UK Competition and Markets Authority (CMA) on Wednesday updated its administrative timetable to extend the timescale for the publication of their provisional findings and possible remedies (if required) related to the investigation of the proposed merger of Ladbrokes and Coral. Gaming and betting provider Ladbrokes PLC (LON:LAD), which today published a Q1 2016 trading update,…
Read moreIt is always exciting when a member of the electronic Forex trading world is recognized outside of FX for positive achievements. FCA regulated multi-asset exchange (MTF) LMAX Exchange has announced that it has been selected to this year's The Leap 100 list of the most exciting, fast-growing companies in the UK. The Leap 100 is organized by…
Read moreMajor Swiss online financial and trading services provider Swissquote Group Holding SA (SWX:SQN) and Manchester United have today announced they are extending their Global Partnership which will see Swissquote remain as the club’s Official Global Forex & Online Financial Trading Partner. As part of their new portfolio of rights, Swissquote will have an increased presence on…
Read moreCentral Option cold called a senior investigator with Canadian regulator MSC who ironically works on binary options fraud.
Read moreThe MoUs extend a similar earlier agreement the CFTC signed in 2014 with Canada's four largest regulators, in Ontario, Quebec, Alberta and British Columbia.
Read moreKPMG, which is responsible for the special administration of Alpari (UK) Limited, has provided a notice today, concerning ex-clients of the broker who have negative balances. The Joint Special Administrators have appointed Beeston Shenton Solicitors Limited with regard to legal action in debts recovery from clients with negative balances. Beeston Shenton is formally authorised and…
Read moreA follow-up to LeapRate's earlier report about retail FX broker Exness being subject to numerous cyber attacks... The company addressed its clients and partners again today to assure them about its efforts to tackle the problems. The broker says that after solving the initial issues on April 6, thanks to hosting provider, Webzilla, it faced DDoS…
Read moreFCA-UK and CySEC regulated online broker FxPro is pleased to disclose today key trade execution statistics for the first quarter of 2016. For the months of January, February and March, slippage percentages were as follows: - Positive = 46.93% - At Quote = 31.81% - Negative = 21.26% The figures above show the percentage of…
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