December 29, 2015 BY Maria Nikolova

Nasdaq Dubai applies for designation as National Numbering Agency in DIFC

The Dubai Financial Services Authority (DFSA) today announced that it has received a request from Nasdaq Dubai Ltd to obtain designation as the National Numbering Agency (NNA) for the jurisdiction of the Dubai International Financial Centre (DIFC). The role of the NNA is to accept registration information from issuers of new financial instruments such as…

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December 29, 2015 BY Maria Nikolova

Capital Markets Board blocks access to MXTrade's Turkish website

After getting regulatory warnings in Italy and Cyprus earlier this year, Forex broker MXTrade has locked horns with Turkey's vigilant financial regulator – the Capital Markets Board (CMB). In its latest bulletin, which was out on Monday, December 28, 2015, the regulator announced sanctions against the brokerage. The regulator said it had conducted an investigation into the…

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December 29, 2015 BY Maria Nikolova

Dubai regulator warns against fraudsters claiming to work at Barclays

The Dubai Financial Services Authority (DFSA) today published a warning regarding an online scam involving abuse of the name of the DFSA’s Chief Executive and fraudulent impersonation of employees of Barclays Bank PLC UAE. The case is defined as an advance fee scam, with fraudsters sending e-mails to apparent customers of Barclays telling them to…

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December 29, 2015 BY Maria Nikolova

People's Bank of China publishes rules for online payments

People's Bank of China (PBOC) on Monday published details regarding regulations of the booming online payments sector, which are set to come into effect on July 1, 2016. The new rules restrict the size of payments done from non-bank payment accounts and introduce certain requirements for registration. In particular, the size of payments through such…

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December 28, 2015 BY Maria Nikolova

Spotware Systems launches three new marketing tools for cTrader platform

Spotware Systems, the developer of multi-asset trading platform cTrader, keeps enhancing the solution. After releasing a set of exciting updates in November, such as new alerts and free chart moving, the company today announces the addition of three new marketing tools available to brokers. The new tools include: Dividends Payments for Equity CFDs, Dynamic Commission Discounts…

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December 28, 2015 BY Maria Nikolova

Alpari adds news and analysis service FxWirePro to MT4 trading platform

Retail Forex broker Alpari Limited today announced the launch of a new service – FxWirePro – which enables traders to read news and comments from leading economists right in the MetaTrader 4 (MT4) trading platform round-the-clock and in real time. The main characteristics of FxWirePro which distinguish it from other news services is the careful…

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December 28, 2015 BY LeapRate Staff

HKEx to extend rebate scheme for RMB currency futures

Hong Kong Exchanges and Clearing Limited (HKEx) announced today they will be extending incentives to solidify the development of its RMB currency futures market. Renminbi (RMB) currency futures contracts continue to serve as an effective risk management tool in periods of unexpected US dollar/Offshore RMB volatility. “As an international financial centre adjacent to Mainland China, Hong Kong…

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December 28, 2015 BY Maria Nikolova

RoboForex changes rating rules for social trading network CopyFX

Retail Forex broker RoboForex has implemented changes to the rules about the rating on its investment and social trading network CopyFX. From December 22, 2015, the CopyFX Rating displays only participants whose accounts have balances equal to at least 50% of the minimum amount necessary to create or subscribe to an offer. Such a change…

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