Bats Global Markets, the parent of Hotspot FX, has just unveiled its new global logo and a number of changes to the company and market center naming conventions. The company has officially changed BATS Global Markets (BATS) to Bats Global Markets (Bats), with the word Bats title-cased vs. all uppercase letters. The company has applied…
Read moreOffshore retail Forex broker Gold Pegasus, operating as GPFX, has discontinued its operations earlier this week. The company, registered in the following address in the BVI, P.O.Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands, cited “various circumstances” for its decision to exit the business completely. While active, the company used to target…
Read moreAimed at startups, Act2020 brokers will pay a flat fee of $3,000 per month.
Read moreThe Board of Directors of National Futures Association (NFA) announced it has elected Michael C. Dawley, Managing Director and co-head of futures and derivatives clearing services at Goldman Sachs & Co., to serve a one-year term as Chairman. The Board also elected Maureen C. Downs, President, Rosenthal Collins Group LLC, to serve as Vice-Chairman. In addition, the…
Read moreThe Ontario Securities Commission (OSC) continues to add unlicensed Forex brokers to its Warning List. Less than a month after one of the strictest Canadian financial regulators issued a warning against retail forex broker Sumo Forex Limited, the watchdog publishes a warning against CMS Ventures Limited (also known as Pandorx Ventures Ltd.) The company is…
Read moreCySEC-regulated Forex broker RoboForex has announced that it will change the margin requirements for positions in CFDs on US and German companies' shares. The new margin requirement for these instruments is 5%, compared with a current level of 2%. The changes are effective February 22, 2016. The margin requirement for CFDs on indices and oil…
Read moreRenewed speculation on negotiations between FXCM and Leucadia to restructure the 'Leucadia loan' is heating up.
Read moreCBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), the CBOE Futures Exchange (CFE), announced on Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.23 per share. The quarterly cash dividend of $0.23 per share of common stock will be payable on March 18, 2016, to…
Read moreAn interesting report in Reuters asks if the glory days of FX trading are over. The FX market's status as the world's largest, built up over decades of rampant globalization, deregulation and growth in financial services, is unlikely to be relinquished any time soon. But the glory days, according to Reuters, may be over. Overall…
Read moreReduction of block sizes for FX futures on CME Europe Limited.
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