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,…
Read moreHong 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%…
Read moreMetaQuotes 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,…
Read more“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…
Read moreHirose 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…
Read moreCalifornia-based brokerage MB Trading had its status as Retail Foreign Exchange Dealer (RFED) and Forex Dealer Member (FDM) of the National Futures Association (NFA) withdrawn on Thursday, November 5th. The news hardly surprises anyone, as the brokerage has announced earlier that effective October 23, 2015, it will cease retail Forex operations. In August this year,…
Read moreNorth 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)…
Read moreSeveral months after the first announcements that a New eToro was coming, the new social trading platform was officially launched. On November 5, 2015, eToro CEO Yoni Assia officially unveiled the New eToro at the Web Summit in Dublin. The platform is built from the ground up and replaces the iconic OpenBook and WebTrader platforms. It…
Read moreTradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, announces the launch of the Market Surveillance Tool, a component of the TradeAnalytics family of products, to monitor a broad range of market abuse scenarios across all asset classes, especially Listed Derivatives. Spoofing, flashing, front running, pinging, ramping and other market…
Read moreFXCM Inc (NYSE:FXCM), the globally regulated online provider of forex trading and related services, today announced financial results for the quarter ended September 30, 2015 and trading metrics for the month of October 2015. U.S. GAAP trading revenue from continuing operations were $56.3 million, compared to $88.7 million for the quarter ended September 30, 2014. U.S. GAAP net income attributable…
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