One of the new disclosures is the total customer liability reported on the daily Forex Financial Report (FFR) for the last 12 months. To satisfy this requirement, FDMs are required to disclose the total liability owed to retail customers and the total liability owed to all ECP counterparties.
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today published a warning against Airsoft, a company offering software solutions to start a Forex and/or a binary options broker. Airsoft says on its website (www.airsoftltd.com) that it is regulated by CySEC and it is this claim that has sparked the concerns of the regulator, as CySEC does…
Read moreCSC paid $88 million upfront, with future contingent payments based on Fixnetix revenues to vary between $0 and $26 million.
Read moreInternational network of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has joined CME Group Inc (NASDAQ:CME) in reporting crude oil volume records amid heightened market volatility. ICE announced today that ICE Futures Singapore set a daily volume record in mini Brent Crude futures, as 14,188 such contracts were traded on December 9, 2015. Since…
Read moreTradeStation, part of Monex Group, Inc. (TYO:8698), has earlier this week released an update to its TradeStation Mobile application for iOS gadgets. The latest version of the solution (version 3.0) is noteworthy for the fact that it supports option spreads, the main building blocks of options trading strategies. Traders can select from a list of…
Read moreRetail Forex broker TeleTrade has joined the line of companies applying for a Russian Forex dealer license. The company announced on Wednesday that it has filed the necessary documents and that it hopes to get the license sometime in the first quarter of 2016. The Bank of Russia has 60 business days to review the…
Read moreRussian financial companies are increasingly looking at exploring and tapping the possibilities of blockchain technology. After payment services provider Qiwi PLC (NASDAQ:QIWI) voiced its plans to launch its own crypto currency using blockchain, Sberbank Rossii PAO (MCX:SBER) has voiced its willingness to develop blockchain-based products and use them in its services. Lev A. Khasis, First Deputy…
Read moreUK financial regulator the Financial Conduct Authority (FCA) has issued a warning against a clone of regulated forex broker IIB International Broker. The real IIB, which also goes by IIB FX, is based in Sofia, Bulgaria. According to the FCA, fraudsters are using or giving out the following details as part of their tactics to scam…
Read moreGaming and betting provider Ladbrokes PLC (LON:LAD) today provided a report of a transaction in its shares that took place on December 9, 2015. John Kelly, the newly appointed Chairman of Ladbrokes, acquired 30,000 shares in the company. The price paid per share was 116.02p. Non-executive director Mark Pain also bought shares in Ladbrokes yesterday. He…
Read moreJust a day after the Australian Securities & Investments Commission (ASIC) said it had imposed a monetary penalty on Etrade Australia Securities Limited over an order handling infringement, the Australian regulator is again sanctioning a company for similar reasons. D2MX Pty Ltd (D2MX) has agreed to pay a penalty of $120,000 to comply with an infringement…
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