Forex platform provider Leverate is continuing its metamorphosis under new management, with the latest change being the opening of an office in Berlin, Germany. The new Leverate office will be dedicated to supporting sales of the company's products in Germany, Switzerland and Austria, under the direction of Steven Gottfried. Gottfried has over 25 years of experience…
Read moreThe following guest post is one of a series courtesy of Marco Streng, CEO and Co-founder of Genesis Mining. [divide] The price of Bitcoin is extremely volatile and has been since inception. It is not uncommon for the price to increase or decrease 10%, 20% or even 30% in a single day. From the outside, this…
Read moreCyprus Securities and Exchange Commission (CySEC) today announced that following a decision in a meeting held November 30th, 2015 that authorization of the Cyprus Investment Firm ‘Falcon Brokers Ltd’, with license number 128/10, will continue to be suspended indefinitely. This continuation follows from one month ago where the same decision was reached for the troubled forex broker. The…
Read moreChina has taken various measures following the “Black Monday” events from August 2015 that rattled the nation's stock markets... The latest set of measures against wild swings in the Chinese stock markets was announced today on the website of the Shanghai Stock Exchange (SSE). The announcement says that following an approval from the China Securities…
Read moreVolume of Bitcoin OTC trading at agency brokerage itBit dropped 28% month-over-month in November, the company stated seasonal trends negatively impacted trading volume during Thanksgiving week. Moreover, stagnant price activity was also a factor for the 2nd half of the month. The bitcoin market was relatively quiet following a volatile period in early-November that saw the bitcoin…
Read moreSingapore Exchange Limited (SGX:S68) has earlier today published its operating metrics for November 2015, with Forex volumes staging a drop in monthly terms. In fact, even traditionally robust rupee futures volumes fell last month. In November 2015, total FX Futures volume was 463,449 contracts, down 3% from the 475,887 contracts traded in October 2015. The…
Read moreKCG Holdings, Inc. Class A (NYSE:KCG) has just announced a set of Board changes, with Debra J. Chrapaty and Alastair "Alex" Rampell joining the Board as independent Directors, effective immediately. The company also announced that Daniel Tierney will be leaving the Board of Directors, also with immediate effect. Ms. Chrapaty has more than 25 years…
Read moreThere is one more update from KPMG, the Joint Special Administrators (JSAs) of Alpari UK, the broker that went insolvent following the Swiss franc spike on January 15, 2015... The latest update was published on Thursday, December 3, 2015, and concerns compensation payments to unsecured creditors of the broker. When posting their First Progress Report on…
Read moreProfessor Lex Hoogduin, Chairman of LCH.Clearnet Group Limited, is joining the London Stock Exchange Group Plc (LON:LSE), as a non-executive director. Previous roles of Professor Hoogduin include that of Executive Director at De Nederlandsche Bank (DNB), where he served from January 2009 until July 2011. He has also held a set of economic advisory positions…
Read moreOTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) that provides clearing services for over-the-counter, or OTC, derivatives, has welcomed Citigroup Inc (NYSE:C) as its first Clearing Member from the United States. "We are pleased to admit Citi as our first US Clearing Member following our receipt of No Action…
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