The UK Financial Conduct Authority (FCA) today issued a special statement, confirming that Acting Chief Executive Tracey McDermott has decided to leave the process to appoint the permanent Chief Executive of the FCA. The Treasury-led recruitment process is still open, with Ms McDermott set to continue as Acting Chief Executive until a permanent replacement is…
Read moreToday agency bitcoin trading service and exchange itBit unveiled their 2015 trading statistics with some milestone achievements. 2015 was an exciting year for itBit’s bitcoin trading services featuring many firsts and strong growth. In May, they launched their bitcoin exchange in the United States after becoming the first company in the space to receive a trust company…
Read moreGAIN Capital UK, formerly City Index, has just published its financial report for the fiscal year to March 31, 2015. The report provides the audited numbers for the performance of the company before its acquisition by Gain Capital Holdings Inc (NYSE:GCAP), which was completed on April 1, 2015. City Index incurred a net loss of £358,000…
Read moreInternational derivatives broker Sucden Financial Limited is strengthening its London management with the establishment of a new Multi-Product Execution Team. The team, which will target hedge funds, banks and real money asset managers, will be in charge of executing financial and commodity futures and options, stock options and stock indices, as well as fixed income…
Read moreICAP plc (LON:IAP) has just posted its operating metrics for December 2015, with the last month of the last year bringing no positive news on the Forex volumes front, as EBS trading volumes were even lower than in November 2015. Average daily volumes at EBS amounted to $74.8 billion in December 2015, down 1% from…
Read moreLime Brokerage announces that its execution platform has been added to the InfoReach Sell-Side and Buy-Side trading platforms. Lime Brokerage, a Wedbush Company, announced this week that its electronic execution platform has been added to the InfoReach Sell-Side and Buy-Side trading platforms, TMSbd and TMS. The firm's partnership with InfoReach's network will provide a more…
Read moreClick 365, the FX margin trading service of Tokyo Financial Exchange (TFX) has earlier today announced that it had set a record in terms of deposits. On January 6, 2016, the total margin amount deposited with TFX for Click 365 surpassed JPY 500 billion. The previous record in terms of Click 365 deposits was set on…
Read moreSingapore Exchange Limited (SGX:S68) today announced its operating metrics for December 2015, with Forex volumes staging a further drop in monthly terms, continuing a trend already observed in November 2015. Although SGX reported record yuan trading volumes for the last month of 2015, the overall FX futures volumes fell. This apparently reflects a month-on-month decrease in…
Read moreInternational transaction services provider Saxo Payments and payment technologies expert SafeCharge International Group Ltd (LON:SCH) have just announced a partnership. The collaboration will see SafeCharge gain a significant competitive edge, empowering it to offer its clients fast and cost-effective banking services in multiple currencies. The partnership also means Saxo Payments will benefit from a wide…
Read moreJapan-based online trading giant Monex Group, Inc. (TYO:8698) today announces changes at the top of its newly established subsidiary - Monex-Saison-Vanguard Investment Partners, Inc. (MSVIP). Keiichi O'hara, former executive vice president of MSVIP, is the new president of the discretionary investment management firm. His appointment is effective today – January 7, 2016. In his new…
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