March 03, 2016 BY Maria Nikolova

ICE registers 15% MoM drop in FX volumes in February 2016

Operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) has earlier today posted its key operating metrics for February 2016, with Forex volumes continuing the slide exhibited in January 2016. Average daily volumes for FX&Credit exchange-traded contracts amounted to 33,000 contracts, down 15.4% from the result of 39,000 contracts registered in January 2016. The…

Read more
March 03, 2016 BY Maria Nikolova

Dukascopy reduces maximum leverage on USD/HKD

Swiss Forex broker Dukascopy today announces pending changes to trading conditions for USD/HKD (US dollar vs Hong Kong dollar). Dukascopy Bank and Dukascopy Europe will be reducing maximum leverage for exposures on USD/HKD to 1:10, effective March 9, 2016 (11:00 GMT). The move reflects the possibility of the abolishment of the USD/HKD peg and the…

Read more
March 03, 2016 BY Maria Nikolova

France's AMF notes rising number of clones of binary options brokers

France's financial markets regulator AMF today issued a warning concerning the growing trend of companies abusing the details (such as names, images, website details, etc.) of authorized providers of binary options services. The French watchdog notes that this practice has affected UK Forex and binary options brokers and that it is very hard to detect.…

Read more
March 03, 2016 BY Maria Nikolova

RoboForex launches WebTrader for mobile devices

Retail Forex broker RoboForex keeps enhancing the capabilities of the WebTrader platform, with the latest news in this respect being that the broker has updated the platform and that it is now completely optimized for mobile trading. The company promises that the trading process will be comfortable even for owners of small screen resolution and diagonal…

Read more
March 03, 2016 BY Maria Nikolova

CySEC announces renouncement of CIF authorization of Plasma Enterprises

The Cyprus Securities and Exchange Commission (CySEC) has announced the renouncement of the authorization as Cyprus Investment Firm (CIF) of Plasma Enterprises Ltd, which provides investment services via www.plasma.com.cy. The regulatory announcement, dated March 2, 2016, says that the company renounced the authorization itself on February 22, 2016. The authorization with Νumber 040/04 lapsed from…

Read more
March 03, 2016 BY Maria Nikolova

Hong Kong's SFC warns against two new clones of BlackRock

The Securities and Futures Commission (SFC) of Hong Kong has earlier today updated its Alert List, adding two new clones of investment giant BlackRock, Inc. (NYSE:BLK). The websites www.blackrockltccn.com and www.vipblackrockltccn.com belong to companies that misuse the details (such as the name) of the licensed company. In fact, they have nothing to do with the…

Read more
March 03, 2016 BY Maria Nikolova

Saxo Bank partners with CME Group to expand educational content offering

Multi-asset trading and investment services provider Saxo Bank and international derivatives marketplace CME Group Inc (NASDAQ:CME) today announce a content-sharing agreement that makes CME Group’s educational materials available to Saxo Bank’s clients across the globe. CME Group’s Futures Institute, initially launched in January 2015, collaborates with industry partners to offer top-quality education aimed at providing market…

Read more