GMO Click Holdings Inc (TYO:7177), GMO Internet Inc. (TYO:9449), Aozora Bank Ltd (TYO:8304) and Aozora Trust Bank are planning to launch an Internet banking joint venture in fiscal year 2017, GMO Click said in an update today. The discussions on establishing the joint venture started in June last year and have marked significant progress, with…
Read moreThe National Bank of Ukraine (NBU) has earlier this week withdrawn the general license for FX operations of financial services company Concorde Capital LLC. The license, No. 114-р, is withdrawn effective March 15, 2016. The regulator did not elaborate on the reasons for the revocation but the company explained to Interfax that the license was withdrawn…
Read moreMonex Inc, the Japanese FX subsidiary of online trading services provider Monex Group, Inc. (TYO:8698), today announces a set of organizational and personnel changes, which are effective April 1, 2016. Monex's Service Operations Department, which is in charge of the function related to improving the quality of customer services, will be unified with the Quality…
Read moreThe Australian Securities & Investments Commission (ASIC) today said it had started proceedings in the Federal Court of Australia in Sydney against Whitebox Trading Pty Limited and its director and principal, Johannes Boshoff. The proceedings relate to an investigation into the spike in the prices of securities comprised in the S&P/ASX 200 Index (Index Securities)…
Read moreStop orders are now available on Coinbase Exchange, Coinbase has just announced. Stop orders enable customers to buy or sell bitcoin at a specified price. This order type helps traders protect profits, limit losses, and also initiate new positions when the market breaks out. To place a stop order on Coinbase Exchange, traders have to:…
Read moreSocial trading and market analysis expert Myfxbook today rolled out a new version (1.045) of its mobile application for Android gadgets. The new version offers the following enhancements: Added Arabic language. Added Calendar 'Next Week' section. Added global notification settings in Settings area. Chart timeframe in market is now saved based on user preferences. Bug…
Read moreProvision of misleading information to the US National Futures Association (NFA) has cost introducing broker Hollencrest Securities $125,000. The fine is related to a fabricated email, which led NFA to conduct an unnecessary seven-month investigation. In March 2015, Nita Charlton-Gomes, controller and human resources manager at Hollencrest back then, contacted NFA's registration department insisting that…
Read moreFinancial visualization platform TradingView continues to enrich the menu of capabilities for charting fans. After enabling creation of custom spread charts with symbols from Quandl and integrating Trade It mobile trading technology into its charts earlier this year, TradingView today delivers a piece of good news for traders who appreciate fundamental analysis. The company has added the…
Read moreRetail Forex broker Gain Capital Holdings Inc (NYSE:GCAP), parent of the Forex.com and City Index brands, saw its share price drop a further 7% on Wednesday to close at $6.68, its lowest closing price since January. During the trading day Gain shares actually dropped as low as $6.15 - down 14% on the day - before…
Read moreChina Construction Bank (CCB) Frankfurt Branch has obtained authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Boerse AG (ETR:DB1). This is set to further bolster the accessibility of the German and European capital market to Chinese issuers and Asian investors. China Construction Bank Frankfurt Branch is…
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