January 22, 2016 BY Maria Nikolova

ICAP invests in Digital Asset Holdings through Euclid Opportunities

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announced on Thursday that it has made a strategic investment in Digital Asset Holdings LLC, a developer of Distributed Ledger Technology for the financial services industry. The investment was made through Euclid Opportunities, ICAP’s early stage fintech investment business, as…

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January 22, 2016 BY Maria Nikolova

FxPro changes margin requirements for RUB pairs

Retail Forex broker FxPro today informed its clients of pending changes to margin requirements for positions with instruments with the Russian ruble (RUB). The margin requirement for exposures in all RUB pairs will be changed to 10% as of 10:00 (server time) January 25, 2016 (Monday). The company notes that new positions will be affected only.…

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January 22, 2016 BY Maria Nikolova

British Columbia regulator warns against Smart FX Online

The British Columbia Securities Commission (BCSC) has just updated its Investment Caution List, featuring the names of unregistered brokerage firms, which unlawfully target British Columbia investors or misleadingly purport to be associated with the Canadian province. The latest addition to the Investment Caution List is Smart FX Online, a company offering its services via www.smartfxonline.com.…

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January 22, 2016 BY Maria Nikolova

StatPro acquires Investor Analytics for $10M in cash

StatPro Group PLC (LON:SOG), a provider of portfolio analysis and asset pricing services for the global asset management industry, today announced that it has acquired the entire share capital of Investor Analytics LLC ("IA"), a US-headquartered, cloud-based risk analytics company to hedge funds and asset managers, for a cash consideration of $10 million. There is…

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January 22, 2016 BY Maria Nikolova

Weaker trading activity hits Tradition's revenues in Q4 2015

Swiss interdealer broker Compagnie Financiere Tradition SA (SWX:CFT) earlier today posted its key financial metrics for the final quarter and full year 2015, with slower trading activity in the last three months of the preceding year weighing on revenues. For Q4 2015: The reported consolidated revenue for Q4 2015 of CHF 190.7 million ($188.6m), down…

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January 21, 2016 BY Maria Nikolova

PFSOFT releases front-end application PTMC, integrates it with FXCM's client API

Confirming LeapRate's earlier report about PFSOFT's plans to launch a new solution, the company announced today it has just released a standalone front-end application branded as Protrader Multi-Connect (PTMC). The new version of PFSOFT's platform is addressed directly to traders, being the company's response to numerous requests coming from traders’ community which demanded the ability…

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January 21, 2016 BY Maria Nikolova

Russia's CRFIN reviews 248 enquiries regarding Forex companies in 2015

Russia's Centre for Regulation of OTC Financial Instruments and Technologies (CRFIN) today published a report regarding the activity of its Disciplinary Commission for 2015. For the entire 2015, the Commission reviewed a total of 248 enquiries regarding Forex companies. Nearly half of these (48%) concerned members of the organization, with 10% of these used by…

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