November 06, 2015 BY Maria Nikolova

CFTC orders $3.2B in total monetary sanctions against wrongdoers in FY 2015

The U.S. Commodity Futures Trading Commission (CFTC) today published the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 billion in civil monetary penalties and $59 million awarded in restitution and disgorgement orders. During FY 2015, over $2.8 billion was collected and deposited at the U.S. Treasury - the highest figures…

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November 06, 2015 BY Maria Nikolova

Saxo Bank beefs up chart functionalities in SaxoTraderGO

After launching its revolutionary multi-asset trading platform SaxoTraderGO in May this year, Saxo Bank keeps enhancing the solution. Amid the novelties introduced to the platform in early November are several chart enhancements, including the addition of Bandwidth on Bollinger Bands Study and support for two instruments on the chart. Bandwidth on Bollinger Bands A new Bandwidth…

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November 06, 2015 BY Maria Nikolova

ESMA names new members of Management Board

The European Securities and Markets Authority (ESMA) today announced that new members have been elected to its Management Board, in order to replace outgoing members whose term expires this month. The election took place at the Board of Supervisors meeting in Luxembourg on November 5, 2015. The successful candidates, who will serve a term of…

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November 06, 2015 BY LeapRate Staff

ICAP's formal statement on state of discussions with Tullett Prebon

Sometimes it is best to let a company's official statement do the talking. And here is one of those times. From our perspective, it confirms our earlier reports, from back in September, that Tullet Prebon’s new CEO was going to push further into electronic trading. One more note.... The market clearly sees this as something positive,…

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November 06, 2015 BY Maria Nikolova

KVB Kunlun registers record revenues, profits in Q3 2015

Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just reported its financial metrics for the third quarter and the first nine months of 2015, with the company boasting a record-setting quarter. Revenues for the three months to September 30, 2015 hit record high, reaching HK$157.3 million (US$20.3 million). The result is 59.7%…

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November 06, 2015 BY Maria Nikolova

MT4 and MT5 platforms now support China UnionPay system

MetaQuotes Software Corp. has announced that the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms now support China UnionPay system. Clients of this system can make purchases in the Market, which offers a huge variety of expert advisors (EAs), indicators, books and magazines. In addition, China UnionPay clients can now pay for virtual hosting,…

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November 06, 2015 BY Maria Nikolova

Japanese broker Gaitame Online to offer “Click 365 Large”

“Click 365 Large”, a new Forex margin trading service at the Tokyo Financial Exchange Inc. (TFX), is yet to launch, but the number of companies willing to offer this service to their clients is growing. Japanese retail Forex broker Gaitame Online Co., Ltd today announced that it plans to add “Click 365 Large” to its…

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November 06, 2015 BY Maria Nikolova

Hirose UK raises maximum amount for investment in binary options

Hirose UK, a subsidiary of Japan’s Hirose Tusyo Inc., has just unveiled changes to trading conditions on Lion Binary, the broker's platform for trading binary options. Traders are now allowed to invest higher money sums in binary options. [Before amendment] The maximum trade amount per trade was $200; Total trade amount one could hold for…

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November 06, 2015 BY Maria Nikolova

Nadex seeks to raise number of permissible orders via FIX

North American Derivatives Exchange (Nadex), part of IG Group Holdings plc (LON:IGG), is planning to hike the number of orders that participants are allowed to submit via FIX. The company, regulated by the Commodity Futures Trading Commission (CFTC), has already filed the necessary notice with the regulator. The submission is in accordance with Section 5c(c)(1)…

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