January 20, 2016 BY Mike Fox

Optimove hires Amdocs veteran Shauli Rozen to head new customer marketing services division

Optimove works with companies in many industries, but has a specific expertise with online brokers. Clients have included ETX Capital, Oanda, City Index, eToro, EasyForex, 24option, Banc de Binary, and UFX Markets... Optimove, a Customer Marketing Cloud provider for customer-centric businesses, announced that it has launched a strategic services division, designed to deliver data-driven customer…

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January 20, 2016 BY Mike Fox

MIG Bank founder Hisham Mansour becomes a partner in CFI

CFI Markets today announced that Mr. Hisham Mansour, former founding partner and CEO of MIG Bank, Switzerland, has recently partnered with the shareholders of Credit Financier Invest Sal to establish CFI Group Holding Limited. CFI Group Holding Limited will be owned equally by Mr. Mansour through his own holding company, and by CFI shareholders. The Group Holding will own…

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January 20, 2016 BY Mike Fox

EasyForex rebranding as EasyMarkets

EasyForex has today officially re-branded as easyMarkets which reflects the company's wider offering of CFDs, forex, commodities, indices and options and their brand new web trading platform. The company stated that for two years their in house developers worked closely with the broker's financial analysts, risk managers and traders to develop the new trading platform. The following features are available: 300+ markets…

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January 20, 2016 BY Maria Nikolova

R3 CEV completes distributed ledger experiment with 11 financial giants

Financial technology innovation company R3 CEV today announces the successful completion of a distributed ledger experiment involving 11 of the world’s leading financial institutions. R3 and consortium member banks Barclays PLC (LON:BARC), BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC Holdings plc (LON:HSBA), Natixis SA (EPA:KN), Royal Bank of Scotland Group plc (LON:RBS),…

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January 20, 2016 BY Mike Fox

Ruble slides past 80 and hits all-time low against dollar

The Russian ruble weakened to an all-time low in the high 79-80 range to the dollar Wednesday, with some anticipating an even further decline amid cheap crude oil prices and Western sanctions over Ukraine. The ruble has lost over half its value against the greenback in the last two years, dropping past the previous low from December 2014. Russia…

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January 20, 2016 BY Maria Nikolova

Spanish regulator warns against binary options broker Citrades

Spain's securities regulator CNMV has published a warning against Citrades, a binary options firm offering its services via https://www.citrades.com/. The watchdog notes that the company is not authorized to provide investment services and/or investment advice regarding financial instruments, including foreign currency. The website of Citrades says the broker is owned and operated by CIT investments…

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January 20, 2016 BY Mike Fox

SGX reports 2Q performance with net profit of $84 million

Singapore Exchange (SGX) today reported net profit of $83.7 million ($86.6 million) for 2Q FY2016. Revenue was largely unchanged at $194.6 million ($195.1 million). Expenses increased $3.5 million or 4% to $97.1 million ($93.5 million). Earnings per share was 7.8 cents (8.1 cents), and the Board of Directors has declared an interim dividend of 5…

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January 20, 2016 BY Maria Nikolova

GMO Click sees profit jump 37.8% in 9-mo FY 2016

After a very robust December, GMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, has just reported a set of solid financial metrics for the first nine months of fiscal year 2016. The company said the profit attributable to shareholders reached JPY 4.99 billion ($42.75 million) in the…

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January 20, 2016 BY Maria Nikolova

CySEC issues CIF license to binary options firm Daweda Exchange

The Cyprus Securities and Exchange Commission (CySEC) today announced that it has issued a Cyprus Investment Firm (CIF) license to Daweda Exchange Ltd. The license was issued on January 11, 2016 and is the first CIF permission granted by the Cypriot financial watchdog for 2016. Worth noting is that the license has yet to be…

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