CySEC-regulated Forex broker ForexTime Limited, also known as FXTM, today announced the launch of a new version of MyFXTM portal, offering its clients a set of new features and optimized design. The updated portal supports mobile browsing, that is, traders can manage their trading accounts from their mobile devices while on-the-go. The navigation is also…
Read moreThe desktop version of multi-asset trading platform Protrader was updated on December 20, 2015, with the enhancements including new functionalities added to the Grid and Order Entry panels, new drawing tools and visual improvements. Scalper in Grid panel Protrader has extended the scalper functionality to the Grid panel for active traders and scalpers. Through the…
Read moreInvestment giant Deutsche Bank AG (FRA:DBK) has set aside EUR 1.2 billion ($1.3bn) in litigation reserves, mostly to cover possible liabilities regarding suspected money laundering in Russia. The scale of the transactions flagged is growing: according to a Bloomberg report, quoting people with knowledge of the matter, Deutsche Bank has identified as much as $4 billion…
Read moreThe European Securities and Markets Authority (ESMA) on Monday published its official opinion, which approved an extension of the emergency short selling prohibition by the Hellenic Capital Market Commission (HCMC) on the shares of certain credit institutions under the Short Selling Regulation. The previous ban expired at 24:00:00 (CET) on December 21, 2015. The new measure…
Read moreJapanese retail FX broker Forex Crown today unveiled plans to change its name, in a move set to “revive the corporate image”. As of January 15, 2016, the name of the company will be Forex Exchange Co., Ltd. The change is set to become effective several days after the broker stops supporting WinFX, a service…
Read moreThe UK Serious Fraud Office (SFO) continues its investigation into Euro Interbank Offered Rate (EURIBOR) manipulation. On Monday, the SFO published a brief update, stating that former Societe Generale SA (EPA:GLE) employee Stephane Esper was included in the list of individuals to stand trial over alleged EURIBOR manipulation. Mr Esper will make his first appearance…
Read moreThe Australian Securities & Investments Commission (ASIC) is keeping up with its strict monitoring of the retail OTC derivative sector, including margin Forex, CFDs and binary options. The regulator today published a warning regarding false claims on www.usgforex.com. In particular, the watchdog is concerned that the company operating the website is falsely claiming to be…
Read moreThe UK Court of Appeal today ruled to reduce the prison sentence of former UBS and Citi trader Tom Hayes, convicted of LIBOR manipulation. The sentence was cut from 14 years to 11 years. The new ruling, in response to Mr Hayes' appeal to the previously issued sentence, took into account all the circumstances, including…
Read moreThe UK Financial Conduct Authority (FCA) keeps encountering cases of unlicensed companies willing to make use of data of authorized entities and thus attract more clients. The latest example of the use of this practice, which has become known as cloning, concerns UK Forex broker Atom8, which appears to have two clones, abusing its name,…
Read moreVladimir Putin, the president of the Russian Federation, has made another step towards the establishment of an integrated currency market in the Commonwealth of Independent States (CIS). Last week, Mr Putin signed the Federal Law On Ratifying the Agreement on Cooperation in Organising an Integrated Currency Market between Commonwealth of Independent States Member States. In…
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