March 01, 2016 BY Maria Nikolova

ICE appoints David Farrell as COO of ICE Futures US, Hester Serafini joins as ICE Clear US COO

Operator of international exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE), which earlier today confirmed it was considering an approach for London Stock Exchange Group Plc (LON:LSE), has just unveiled a couple of management appointments. ICE announced that David Farrell, Senior Director, Global Soft Commodity Operations, has been promoted to Chief Operating Officer (COO) of…

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March 01, 2016 BY Maria Nikolova

Swiss FINMA adds Forex firm TradingBanks to Warning List

Switzerland’s Financial Market Supervisory Authority (FINMA) has earlier today updated its Warning List, with the latest addition being Forex broker TradingBanks. The company, operating from https://www.tradingbanks.com, purports to have an address in Belize (previously, it claimed to have an address in the BVI). However, in December last year, the International Financial Services Commission of Belize…

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March 01, 2016 BY Maria Nikolova

Forex.com Japan to change maximum leverage on MT4, FOREXTrader

Forex.com Japan, or GAIN Capital Japan Co., Ltd., a subsidiary of Gain Capital Holdings Inc (NYSE:GCAP), has announced pending changes to maximum leverage levels for corporate accounts for the MetaTrader 4 (MT4) and FOREXTrader platforms. Effective May 31, 2016, the maximum leverage on such accounts will be cut from 200x to 100x. The broker notes…

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March 01, 2016 BY Maria Nikolova

FXTM's MyFXTM adds Malay, Urdu, Polish and Italian languages

It was in December 2015 that CySEC-regulated Forex broker ForexTime Limited, also known as FXTM, launched a new version of MyFXTM portal, offering its clients a set of new features and optimized design. Back then, the service was available in Chinese, Arabic, English and Indonesian, and the broker pledged to add new languages in 2016.…

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March 01, 2016 BY Mike Fox

Hong Kong Securities and Futures Commission to encourage emerging Fintech

Hong Kong's Securities and Futures Commission (SFC) today established a Fintech Contact Point as a dedicated channel to encourage businesses involved in the development and application of financial technology in Hong Kong to engage with the SFC. The SFC has also established a Fintech Advisory Group which will focus on the opportunities, risks and regulatory…

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