Australian Forex broker AxiTrader today announced the appointment of Greg McKenna as their new Chief Market Strategist. Mr McKenna brings with him more than 25 years of experience in senior positions across the financial industry, including as a Fund Manager, the first Currency Strategist at Westpac, head of Currency Strategy at NAB and a current Contributing…
Read moreFINAM Forex, part of the FINAM Group of Companies, has announced that it has submitted the relevant documents for obtaining a Russian Forex dealer license. The documents have been filed with the Bank of Russia, which is responsible for the regulation of Russia's FX industry. The review of FINAM's application will take up to 60…
Read moreAmana Capital, a major provider of financial services in the Middle East, announced today that it has sealed a partnership agreement with Tradepedia LLC, a professional institute specialized in learning, coaching and mentoring programs for financial services companies and private investors. The collaboration fits with Amana Capital and Tradepedia's vision to provide top-quality financial education…
Read moreA good portion of the investing world will continue to follow the fallout from Friday's ISIS terrorist attacks in Paris for the coming days and weeks, especially if EU governments ramp up their commitments to a real ground war on ISIS. That, of course, remains to be seen. But in the near term, the financial…
Read moreBorsa Istanbul and ICBC Turkey Invest have unveiled plans to launch US Dollar/Chinese Renminbi (USD/CNH) and Chinese Renminbi/Turkish Lira (CNH/TRY) futures contracts. ICBC Turkey Invest, the brokerage arm of ICBC Bank Turkey, intends to apply to be the market maker in Chinese Renminbi futures contracts set to be launched at Borsa İstanbul Derivatives Market (VIOP),…
Read moreJapan's Financial Services Agency (FSA) has earlier today updated its list of businesses that target Japanese investors but lack the necessary authorization to do so. The latest additions to the Warning List include seven companies, all of which are Forex and/or binary options brokers. Many of them are registered overseas, but the regulator stresses that…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement Complaint charging Defendants IB Capital FX, LLC (a/k/a IB Capital FX [NZ] LLP) d/b/a IB Capital (IB Capital), Michel Geurkink, and Emad Echadi, individually and as the agents of IB Capital, with soliciting and accepting at least $50 million from at least 960 clients…
Read moreThe horrible attacks orchestrated and carried out by ISIS in Paris on Friday night shook not just the French Capital, but people around the free world. And as the world's financial markets continued to function after having the weekend to digest the news, there was quite an amount of concern that the markets would be…
Read moreThe Financial Industry Regulatory Authority (FINRA) has dealt it's latest fine, the U.S. financial and securities watchdog announced today that it fined discount brokerage house and e-trading provider Scottrade, Inc. $2.6 million for failing to retain a large number of securities-related electronic records in the required format, and for failing to retain certain categories of outgoing…
Read moreBTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc., has just filed a report with the U.S. Securities and Exchange Commission (SEC) regarding its results for the three months to September 30, 2015. Adding to the gloomy financial metrics for the first half of 2015, when the company posted a net loss of $4.6 million,…
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