More news on the M&A front, as BGC Partners, Inc. (NASDAQ:BGCP) and its majority-owned division GFI Group Inc. have just announced an agreement to sell Trayport, a provider of trading and aggregation software in the global OTC energy and commodities markets, to Intercontinental Exchange Inc (NYSE:ICE). The GFI sellers will receive $650 million in ICE…
Read moreA quick note today on a new vendor partnership as Global eSolutions (HK) Limited (GES), a Hong Kong based financial trading platform provider announced a new partnership with ADS Securities. “We are excited to have partnered with ADS Securities.” said Ben Tse, Marketing Manager of GES. “By partnering with ADS Securities, we are able to offer…
Read moreCLS Group (CLS), a provider of risk mitigation and operational services for the Forex market, announces today that it has commenced settling payment instructions in the Hungarian forint (HUF) on behalf of its settlement members. The addition takes the total number of currencies eligible for settlement through CLS to 18. During 2015 CLS has settled,…
Read moreDubai Financial Market (DFM) on Sunday announced the official launch of its newly designed website www.dfm.ae, adding its weight to the number of companies in the financial services sector redesigning their websites in tune with contemporary demands. The live launch of the redesigned website comes after the rollout of its Beta Version early this year.…
Read moreEBS BrokerTec, the electronic foreign exchange (FX) and fixed income business of ICAP plc (LON:IAP), today announced the appointment of Tim Cartledge as its Chief Strategy Officer. The appointment comes into effect immediately. Mr Cartledge, who will be based in London, will report to Gil Mandelzis, CEO. He will join both the EBS BrokerTec Executive…
Read moreAlpari has announced that as of November 12, 2015, clients of its Mauritius-registered subsidiary Alpari International are able to trade binary options. Trading binary options is available via the web-based BinaryTrader platform. The platform offers four types of strategies for trading and 19 underlying assets including precious metals and currency pairs. The expiry times range…
Read moreGlobal provider of payments services SafeCharge International Group Ltd (LON:SCH) today announced the new address of its registered office. Effective immediately, the new registered office address is changed to: Ground Floor, Dorey Court, Admiral Park, St Peter Port, Guernsey, GY1 2HT. The move marks the completion of migration process of the company from the BVI…
Read moreThe International Financial Services Commission of Belize (IFSC) on Friday published a warning against Forex and CFD broker Financial Strategy Holdings Ltd., operating as New Trade FX (NewTradeFX) via newtradefx.com. The regulator wishes to inform investors that the business entity in question is not licensed by the International Financial Services Commission or any other competent…
Read moreDMM Option, a unit DMM FX Australia and part of the Japan-based DMM Group, today announced that it will stop providing binary options trading to its clients. The halt is scheduled for this Saturday – November 21, 2015. The company says its focus will be on Forex products, which will still be delivered by DMM…
Read moreEarlier today, the Futures Financial Association of Japan (FFAJ) published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for October 2015. The Forex and binary options segments displayed pronounced decreases in trading volumes last month, with Forex volumes dropping by 31.1% from September 2015 levels and binary…
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