Hong Kong's Securities and Futures Commission (SFC) today announced the re-appointment of Ms Mary Ma Xuezheng as a non-executive director of the regulator. Ms Ma was first appointed as a non-executive director of the SFC on November 15, 2013, and her current term is due to expire on November 14, 2015. In addition, the SFC…
Read moreThe forex industry is one which thrives on change. And demands change. And no leading company in the forex industry has probably seen more change over the past year than platform provider Leverate. Leverate now has a new management team in place, led by longtime Playtech PLC (LON:PTEC) and Amdocs Limited (NASDAQ:DOX) executive Kobi Gur…
Read more“Corporate cloning” - a practice involving unauthorized businesses misusing the data of legitimate ones, has become widespread across the Forex industry. The latest Forex broker to be a target of this illicit practice is FXOpen. The broker has just published an announcement on its website against such abuse of the FXOpen® trademark, as well as…
Read moreInternational derivatives marketplace CME Group Inc (NASDAQ:CME) has just announced fourth-quarter dividend of $0.50 per share. The dividend will be payable December 28, 2015, to shareholders of record as of December 10, 2015. The announcement comes shortly after the company reported a set of robust financial metrics for the third quarter of 2015, with net…
Read moreConvergex, an agency-focused global brokerage and trading related services provider, announced on Wednesday that it has signed a clearing agreement with INTL Fcstone Inc (NASDAQ:INTL). Under the terms of the deal, Convergex will be able offer its clients access to FCStone's futures execution capabilities and prime brokerage platform. Convergex Prime Services will now be able…
Read moreLeapRate has learned that UK online trading firm London Capital Group Holdings plc (LON:LCG) has continued its march toward a relaunch of the company's brand with a few new senior hires, as well as the opening of a new office in Israel from where LCG will manage its digital marketing and affiliate activity. LCG is also going…
Read moreProvider of risk management and operational services for the global Forex market CLS Group (CLS) announced today that FirstRand, one of South Africa’s largest financial institutions, has become a CLS settlement member. Founded in 1998, FirstRand plays an important role in the trading of many currencies, including the South African rand, which has been a…
Read moreTraders Gain Go-to-Market Capability in Less than 2 Days via Direct Access to World’s Largest Global Fiber Network Dedicated to Trading Lucera Financial Infrastructures and Perseus have partnered, creating the world’s largest on-demand Software Defined Network (SDN) exclusively for the capital markets industry, offering traders direct access to the industry’s largest network of global fiber dedicated to cross-asset class…
Read moreSaxo Markets, the institutional division of Saxo Bank Group, keeps beefing up its institutional credentials by making multi-asset trading platform, SaxoTraderGO, available to its white label clients. The first white label clients have already gone live with SaxoTraderGO, and the bank has witnessed demand from both existing and new WLCs with a roll out taking…
Read moreMembers of The Liquidity Alliance, including ASX (Australia), Cetip (Brazil), Clearstream (Luxembourg), Iberclear (Spain) and Strate (South Africa), will be able to give the buy-side an option to collateralise triparty repos with banks through 360T, a platform for foreign exchange and money markets trading, which was recently acquired by Deutsche Boerse AG (ETR:DB1). Buy-side customers…
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