Volatility hit Asian equity and currency markets on Friday following a surprise overnight move by the Bank of Japan to adopt negative interest rates. Here are some notes on the move by a number of leading currency analysts: [divide] Saxo Bank / TradingFloor.com, John J. Hardy - Bank of Japan Governor Kuroda was known for liking…
Read moreJapanese Forex broker GMO Click Securities, part of GMO Click Holdings Inc (TYO:7177), is extending the period during which its clients can make use of lower fees for on-exchange Forex trading service Click 365 Large. The broker said today that the offer will last at least until April 29, 2016, which translates into a three-month…
Read moreSwitzerland’s Financial Market Supervisory Authority (FINMA) has updated its Warning List of companies, with the latest addition being Bloombex Online. Bloombex, operating via www.bloombexonline.com and www.bloombex-options.com, offers investors a variety of binary options services. The company says on its website that it has an address in Switzerland: Dreikönigsstrasse 31A, 8002 Zürich. The inclusion of Bloombex…
Read moreMajor Australian Forex broker AxiTrader and its AxiSelect program today announce the launch of a partnership with algorithmic proprietary trading firm HC Technologies, which encourages the development of early career traders. The announcement is released ahead the February 1st launch of Million Dollar Trader, a live trading competition that will see traders compete for high value…
Read moreJapan's Financial Services Agency (FSA) has earlier today added five more providers of binary options trading services to its lists of unauthorized investment companies. The latest additions include the following binary options brands: On Binary Administration Office (aka Onbinary); Byne Administration Office (or simply, Byne); ZBinary Options (also known as Zone Options); Terapad Services Ltd…
Read moreResearch firm Investment Trends has recently published its 2015 UK Leveraged Trading Report, which monitors the attitudes and investing habits of UK spread betters and CFD/FX traders. The study, based on a survey of more than 11,000 traders and investors, concluded in July 2015. Key highlights include: UK leveraged trader numbers increased during 2015 in…
Read moreBrokerage-as-a-service company Tradier, Inc. has been quite active in gaining new partners lately: it recently reached the milestone of 100 financial service firms integrated with its brokerage API. After announcing a collaboration with predictive analytics platform WooTrader in December 2015, Tradier is now teaming up with options trading platform Quotail, which has integrated with the Tradier…
Read moretrueEX, the first exchange approved by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) for swaps has created another industry innovation with the execution of the first dealer to client Mexican peso (MXN) interest rate swaps trades on its award-winning platform. Societe Generale Corporate and Investment Bank (SGCIB), and undisclosed institutional investors…
Read moreThe latest SWIFT RMB Tracker, the study which tracks the Chinese yuan international adoption, was published today, showing that the Chinese currency gained share as a world payments currency in December 2015. In the last month of 2015, the RMB accounted for 2.31% of global payments, with an increased market share compared to 2.28% in…
Read moreThe financial markets regulator of Canada's Quebec – AMF, has updated its “Black List” of unauthorized trading platforms targeting investors in the Canadian province. The latest additions to the list are 19 companies, thus taking the total number of blacklisted brokers to 73. As usual, the watchdog notes that the list is not exhaustive. AMF…
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