The UK Competition and Markets Authority (CMA) today published an invitation for comments on the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET), initially unveiled in August this year. Under the terms of the deal, a new combined entity, named Paddy Power Betfair plc, will be created. It is expected to achieve…
Read moreItaly's financial markets regulator Consob has earlier today published another set of warnings against investment businesses that are not authorized to target Italian residents but nevertheless do so. The latest additions to the warning list include: Worldwide Safe Investment Limited, Binaytion, Worldwide Security Investment Limited, Mtn Global Ltd, Mtn Worldwide Services Limited, Marshall Software Ltd,…
Read moreRetail forex broker EXNESS has continued its practice of having its reported trading volumes audited by global accounting firm Deloitte, with the latest report covering EXNESS' results for the third quarter of 2015. In Q3, total trading volume at EXNESS came in at $599.3 billion, or just a shade under $200 billion per month in…
Read moreThomson Reuters Corp (NYSE:TRI) has integrated all of its FX transaction venues onto one platform, in order to establish a single point of access to what it claims to be the industry's largest collective independent pool of Forex liquidity. Thomson Reuters request for stream service (FXall QuickTrade), continuous streaming prices (Bank Stream), central limit order…
Read moreThe Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBOC) have agreed to renew and enhance the bilateral currency swap arrangement (BCSA) established between the two central banks. This is one of the main outcomes of the recent visit to Singapore by the President of the People’s Republic of China, Mr Xi…
Read moreBitcoin exchange expert Coinbase has unveiled a set of updates to its mobile apps that seek to help traders monitor Bitcoin trading activity wherever they are. The enhancements are introduced as Bitcoin trading activity has surged over the past couple of weeks and the company notes that it has seen increased interest from traders in…
Read moreProvider of FX software and analytical solutions FX Blue, formerly known as MT4i, has just made another step towards more detailed data provision. The company has added a table of monthly returns (plotted as percentage), both as an option which traders can select from the list of charts on the Statement page, and also as…
Read moreAustralian FX and CFD broker Invast Financial Services keeps building its Direct Market Access (DMA) CFD offering: the company has just announced the addition of DMA CFDs over 19 global equity index futures. DMA CFD futures will be available on all Invast IRESSTrader accounts from today November 9, 2015, with a full listing of the…
Read moreThe following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. — Ponzi Scheme: a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the…
Read moreUK financial regulator the FCA has issued twin warnings against clone firms of two well known global investment giants, Getco and Fidelity. Those in the FX world will recall that Getco was the market-making firm which acquired rival Knight Capital Group in 2013, renaming the merged entity KCG Holdings. The merged company decided to focus on…
Read more