Retail Forex broker Alpari Limited has announced pending changes to its offering, which will see five currency pairs removed from the lineup of trading instruments. The changes will affect the following currency pairs: AUD/SGD; CHF/SGD; HKD/JPY; SGD/JPY; USD/HKD. All positions in the above-mentioned currency pairs will be moved to “Close Only” regime, effective March 21,…
Read moreThe Chicago Board Options Exchange (CBOE), part of CBOE Holdings, Inc (NASDAQ:CBOE), today announced its intentions to list options on the FTSE 100 and FTSE China 50 indexes beginning March 29, 2016. The new FTSE Russell options will offer investors exposure to the largest and most liquid segments of the UK and Chinese equity markets. The…
Read moreIt is safe to say we have a well-documented ISO 20022 adoption trend which marks the beginning of the end of relying on spreadsheets and flat files to meet reporting obligations.
Read moreChicago-based online broker OptionsHouse, part of Aperture Group, announced today that it will launch a non-clearing futures commission merchant (FCM). The launch, subject to regulatory approval, is scheduled for the second quarter of 2016. Futures trading is currently available at OptionsHouse, but by establishing its own FCM, the company seeks to further bolster the futures…
Read moreThe Stock Exchange of Thailand (SET) has just published its trading metrics for February 2016, with derivatives trading volumes staging a decline of nearly 10%, continuing a downward trend already exhibited in January 2016. SET said the derivatives trading volumes averaged 191,873 contracts per day in February 2016, down 9.97% from the result of 213,128…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has just announces its decision, made at a Board meeting in December last year, to impose administrative fines on SpotOption Exchange and BDSwiss Holding Ltd. Both Cyprus Investment Firms (CIFs) were issued fines for not complying with the Investment Services and Activities and Regulated Markets Law of 2007.…
Read moreMT4 systems integrator Gold-i recently set up an office in Shanghai, headed by former Ericsson executive Max Tsen, to serve and help develop the burgeoning China Forex startup scene. With a few months under his belt on the job, we're now pleased to speak with Max and get his perspectives on what Retail Forex brokers…
Read moreForex Club, a retail Forex broker focusing on clientele in the Commonwealth of Independent States (CIS), on Tuesday filed an application for its inclusion in the Forex companies' register maintained by the National Bank of the Republic of Belarus. The regulator is set to review the application within 30 days. The Belarus Forex market has…
Read moreTradeSocio, a fintech firm that focuses on helping financial institutions acquire, convert, and retain more customers, has announced that it has raised funds to be used to accelerate sales, marketing, and execution of product roadmap. TradeSocio has raised $1.25 million in a seed funding round led by Octava, a Singapore-based investment holding group. The investment…
Read moreProvider of online payment services Paysafe Group Plc (LON:PAYS) today published its financial metrics for the full year 2015, with the revenue numbers bolstered by the integration of Skrill. Paysafe said the acquisition of Skrill, which was completed in August 2015, delivered approximately $10 million in cost savings synergies in 2015. Let's note that at…
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