Ladbrokes PLC (LON:LAD), a gaming and betting provider, today had to defend the rationale for the proposed merger with the Coral Group, following stark criticism from one of Ladbrokes' shareholders - Dermot Desmond. Mr Desmond has published an open letter slamming the proposed deal and simply calling it “bad”. His arguments include what has already become…
Read moreCySEC-regulated retail Forex broker RoboForex (CY) Ltd announced today that it has opened a representative office in Lithuania's capital Vilnius, in an expansion push in Europe and, in particular, the Baltic States. The company stressed the importance of the new office for the improvement of the level of its client service in the Baltic States.…
Read moreEBS BrokerTec, the eFX and fixed income business unit of ICAP plc (LON:IAP), and Singapore Exchange (SGX) have announced an agreement to launch SGX listed FX block futures on EBS BrokerTec’s FX central limit order book EBS Market, a primary venue for e-traded currencies. The strategic collaboration between EBS BrokerTec and SGX announced in January 2015…
Read moreThe International Financial Services Commission of Belize (IFSC) has published one more warning on its website. The watchdog has voiced its concerns regarding Profit Riders Inc., an investment firm operating via www.profit-riders.com. The company is promising generous profits – up to 200% in daily returns, to investors that decide to entrust Profit Riders their money.…
Read moreAn OANDA survey found - surprisingly - that Discipline and Risk Management are top of mind for retail FX traders heading into 2016.
Read moreDukascopy Bank SA has made a step towards the users of Apple's newest handy accessories – Apple Watch, by updating its Swiss Forex mobile application to support these devices. Version 3.6 of the application offers support for Apple Watch, meaning that users of the solutions will have access to a rich variety of information about…
Read moreInternational derivatives marketplace CME Group Inc (NASDAQ:CME) has just announced an expansion to its base metals offering via the launch of a new Aluminum Japan Premium (Platts) futures contract. Subject to regulatory approvals, the new contracts are set to start trading on December 7, 2015. They will be available for trading on CME Globex and…
Read moreThe New York Stock Exchange is putting an end to Stop orders, as well as to GTC (good-til-canceled) orders. The NYSE announced that it will stop taking Stop (sorry for the pun :) ) and GTC orders as of February 26, 2016. All existing Stop and GTC orders on NYSE's books will also be canceled.…
Read moreBarclays PLC (LON:BARC) has just announced that it has reached a settlement with the New York State Department of Financial Services (DFS) in respect of the regulator's investigation into the bank's electronic trading of foreign exchange (FX) and FX electronic trading systems. The probe concerns a five-year period – from 2009 to 2014. The New…
Read moreRetail Forex broker Alpari Limited has made trading on the MetaTrader 4 (MT4) web terminal available on live accounts. The option has been offered since November 16, 2015, the company said today. To make the service more convenient, the broker has integrated the web platform in myAlpari. The advantages of using a browser-based platform are…
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