February 10, 2016 BY Maria Nikolova

Danish FSA to suggest supervising algo and high frequency trading

Denmark's Financial Supervisory Authority (FSA) today published a Report on algorithmic trading on NASDAQ Copenhagen, with the study mapping trading in securities carried out by computers on NASDAQ Copenhagen. The report also addresses the regulator's intentions of supervising algorithmic trading, including the so-called high-frequency trading. At present times, algorithmic trading accounts for approximately 50% of…

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February 10, 2016 BY Maria Nikolova

Darwinex to change margin requirements for XTI/USD

Darwinex, a technology provider and an FCA-regulated broker and asset manager, today announces pending changes to margin requirements for XTI/USD (West Texas Intermediate crude oil vs US dollar), due to market volatility. The company says that in line with the margin policy of its liquidity providers, it will raise the margin for XTIUSD from the…

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February 10, 2016 BY Maria Nikolova

GAIN Capital establishes international money transfer business, set to launch in Q2'16

Online trading services provider Gain Capital Holdings Inc (NYSE:GCAP) today unveiled its plans to launch a new international money transfer business. The new venture, named GAIN Capital Payments Ltd., will operate under the ForeignExchange.com brand name. Apparently GAIN Capital has owned and parked the foreignexchange.com website url for 15 years. The company's main retail forex…

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February 10, 2016 BY Maria Nikolova

Traiana, BATS Chi-X Europe link services to expand OTC equity trade clearing

Provider of pre-trade risk and post-trade processing solutions Traiana, part of ICAP plc (LON:IAP), today announces its partnership with stock exchange BATS Chi-X Europe (BATS). Both companies have agreed to launch a joint service that will extend OTC equity trade CCP clearing to a larger number of market participants. BATS and Traiana have developed services that…

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February 10, 2016 BY Maria Nikolova

SGX sees 23% MoM rise in FX futures volumes in January 2016

Singapore Exchange Limited (SGX:S68) today reported its operating metrics for January 2016, with Forex volumes staging steep increases in both monthly and annual terms, in the face of a month-on-month decline in yuan futures turnover. In January 2016, the FX futures volume at SGX was 522,933 contracts, up 23% from December 2015, when the volume…

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February 10, 2016 BY Maria Nikolova

CMC Markets announces official admission to trading on LSE's main market

UK online Forex, CFD and spreadbetting broker CMC Markets plc (LON:CMCX) today announces its admission to trading on the London Stock Exchange. CMC Markets' ordinary share capital consisting of 287,923,211 ordinary shares has today been admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the…

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February 10, 2016 BY Maria Nikolova

INTL FCStone registers 6% drop in net income in Q1 FY 2016

Provider of financial products, advisory and execution services INTL Fcstone Inc (NASDAQ:INTL) has earlier today posted its financial results for the three months to December 31, 2015, a period which marks the first quarter of the company's fiscal year 2016. The company registered decreases in net income and total revenues in the period, although operating…

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February 10, 2016 BY Maria Nikolova

Japan's FSA warns against three binary options brokers

Japan's Financial Services Agency (FSA) has earlier today updated its set of warning lists featuring names of unauthorized investment services providers targeting Japanese investors. The latest additions include three binary options brokers: BizOption Management Office (Bizoption), Worldoptionner Management Office (Worldoption), LFG Investment Ltd (OptionRally). The addresses of Bizoption and Worldoption are unknown, whereas OptionRally provides…

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