Dubai Gold & Commodities Exchange (DGCX) has just reported its operating metrics for November 2015, with trading volumes staging a steep rise year on year, fuelled by continued demand for hydrocarbons and Indian Rupee-based products. Overall trading volumes for November 2015 staged a 41% increase from November 2014, offering the Exchange a good piece of…
Read moreGulliver FX Limited, the UK Forex broker owned by Yahoo Japan Corporation (TYO:4689), has just filed its financial report for the full year to March 31, 2015, shedding light on the circumstances that led it to the decision to cease operations. To summarize these reasons: highly competitive environment in the UK, hefty trading losses, lack…
Read moreTaiwan Futures Exchange (TAIFEX) has just reported its operating metrics for November 2015 and although overall trading volumes rose in both monthly and annual terms, RMB futures volumes took a dive after a rather strong October. Overall trading volumes at the Exchange rose 27.2% against October 2015 levels to 25,646,980 contracts. The rise in annual…
Read moreFor followers of bitcoin the name Satoshi Nakamoto is well known as the pseudonym of the mysterious person or group of people who authored the paper, protocol and software that gave rise to bitcoin. Now it looks like according the latest reports coming from Reuters Australian police have raided Sydney home of the possible bitcoin creator. Will this…
Read moreOne of the first casualties from the January 15 Swiss Franc spike was Boston Prime, the FX prime brokerage arm of Forex IT and technology company Boston Technologies. Boston Prime was declared bankrupt on January 27, unable to collect on money it was owed while itself owing traders and brokerages who were on the right…
Read moreSwissquote Group Holding SA (SWX:SQN) keeps enhancing the technological solutions available to Forex traders. After the launch of the first version of the FXbook Mobile application for Apple Watch in August this year, the company has released an update to the solution, focusing on its compatibility with the smartwatch developed by Apple. The latest version of…
Read moreTrading educator Lex van Dam is making further inroads into the retail forex market. Van Dam's latest client is UK-FCA and South Africa-FSB regulated retail forex broker One Financial Markets. We had reported back in September that van Dam was developing a comprehensive set of apps for the Tradable platform. Other than running his eponymous Lex van…
Read moreThe British Columbia Securities Commission (BCSC) announced on Tuesday that it has imposed a fine and a lifetime ban from the province’s capital markets on Forex trader Hong Liang Zhong. A BCSC panel has sanctioned Mr Zhong over fraud, unregistered trading and promising clients false guarantees to reimburse them for eventual losses. The panel found…
Read moreU.S. Retail Forex client assets from FCM FINANCIAL DATA for the month of October from reports filed by December 3, 2015 showed that Retail Forex based client assets at brokers dipped by just .03% MoM after a slight bump up in September. RJ O'Brien reports for retail FCM now look like a no-show (we will remove from our reports from here out)…
Read moreSingapore Exchange Limited (SGX:S68) and the Chicago Board Options Exchange (CBOE), part of CBOE Holdings, Inc (NASDAQ:CBOE), today officially launched “CBOE Options Institute at Singapore Exchange (SGX)”. Initially announced in July, “The CBOE Options Institute at SGX” forms part of Singapore Exchange's SGX Academy. Classes start today, December 9, 2015, led by Russell Rhoads, Director…
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