FX investment manager and broker Darwinex swings to profit in 2015 as company gains momentum LeapRate

March 18, 2016 BY Mike Fox

FX investment manager and broker Darwinex swings to profit in 2015 as company gains momentum

UK FCA regulated Forex investment manager and broker Darwinex, officially incorporated as Tradeslide Trading Tech Limited has just posted company financials in new filings today. The data shows the company achieved a profit in 2015, after starting up and forming in 2014. While in beta mode for a long while, the company opened up officially in 2015 as…

March 18, 2016 BY Maria Nikolova

Hong Kong broker Guotai Junan sees FX income jump 43% in 2015

Guotai Junan International Hold. Limited (HKG:1788), a Hong Kong Forex, futures and equities broker that made headlines late last year thanks to the disappearance and reappearance of its chairman Dr. Yim Fung, has just published its financial results for the year to December 31, 2015. The company saw robust revenues and profits, with the brokerage segment,…

March 18, 2016 BY Maria Nikolova

GMO Click, Aozora Bank intend to launch Internet banking JV in FY 2017

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…

March 18, 2016 BY Maria Nikolova

National Bank of Ukraine withdraws Forex operations license of Concorde Capital

The National Bank of Ukraine (NBU) has earlier this week withdrawn the general license for FX operations of financial services company Concorde Capital LLC. The license, No. 114-р, is withdrawn effective March 15, 2016.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did not elaborate on the reasons for the revocation but the company explained to Interfax that the license was withdrawn…

March 18, 2016 BY Maria Nikolova

Japanese FX broker Monex announces organizational, personnel changes

Monex 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…

March 18, 2016 BY Maria Nikolova

ASIC starts proceedings against Whitebox Trading over spike in ASX securities prices

The 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)…

March 17, 2016 BY Maria Nikolova

Stop orders become available on Coinbase Exchange

Stop 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:…

March 17, 2016 BY Maria Nikolova

Myfxbook releases updated mobile app for Android devices

Social 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…

March 17, 2016 BY Maria Nikolova

NFA fines introducing broker Hollencrest Securities over fabricated e-mail

Provision 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…

March 17, 2016 BY Maria Nikolova

TradingView beefs up Indicators/Fundamentals section

Financial 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…