November 05, 2015 BY Maria Nikolova

Fintech and social trading firm ayondo releases first product in Singapore

Financial technology group ayondo today announced a partnership with KGI Fraser Securities Pte Ltd, a Taiwanese-owned brokerage in Singapore, to launch KGI Contrax, which uses ayondo’s platform TradeHub®. The platform, under a white-label arrangement, enables investors to buy and sell Contracts for Difference (CFDs). Edwin Lee, Head of Wealth Management, KGI Fraser said: “We are…

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November 05, 2015 BY Maria Nikolova

Moscow Exchange sees FX market income jump 52.9% YoY in Q3 2015

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading shares, Forex and derivatives, has earlier today posted its financial metrics for the third quarter of 2015, with income from the FX market staging a steep rise year on year. Fee & commission income from the FX Market amounted to RUB…

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November 05, 2015 BY Maria Nikolova

CME Clearing Europe receives authorization to extend services

The European Securities and Markets Authority (ESMA) on Wednesday announced an update to its list of authorized central clearinghouses (CCPs), which fall within the scope of the European Markets Infrastructure Regulation (EMIR). The latest update concerns CME Clearing Europe, a subsidiary of CME Group Inc (NASDAQ:CME). CME Clearing Europe has been authorised to extend its…

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November 05, 2015 BY Mike Fox

FMA confirms Paul Gregory in the role of director of external communications and investor resources

New Zealand's Financial Markets Authority (FMA) today confirmed the appointment of Paul Gregory in the role of director of external communications and investor resources. Mr. Gregory will be joining the FMA’s executive committee from the NZ Super Fund where he has been since March 2009, firstly as head of communications before shifting to the investments…

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November 05, 2015 BY Maria Nikolova

Monex sees global Forex volumes drop 27% MoM in October 2015

Monex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for October 2015, with the numbers pointing to sharp drop in Forex volumes from September 2015, when the results were already subdued, as well as to a steep decrease from exceptionally solid October 2014. We should, of course, mention that the results Monex reported…

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November 05, 2015 BY Mike Fox

Forex trading hosting provider FCM360 hardens security against wave of DDoS attacks

In the wake of relentless DDoS attacks on Forex service providers and their networks, FCM360 has fortified its network security to block the current wave of these distributed denial of service attacks. The attacks are targeting Metatrader 4 servers among other forex trading platform providers. To bolster its network, FCM360, a leading managed cloud operations provider,…

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November 04, 2015 BY Mike Fox

SEC announces whistleblower award of more than $325,000

The Securities and Exchange Commission today announced a whistleblower award totaling more than $325,000 for a former investment firm employee who tipped the agency with specific information that enabled enforcement staff to open an investigation and uncover the extent of the fraudulent activity. The whistleblower provided a detailed description of the misconduct and specifically identified…

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November 04, 2015 BY Maria Nikolova

TradeStation partners with qbeats over real-time news and research app

US broker-dealer TradeStation, part of Monex Group, Inc. (TYO:8698), today announced a partnership with qbeats that has resulted in a new solution being added to the TradeStation TradingApp® Store. qbeats now offers a streaming research and news TradingApp through the marketplace, which features over 800 TradeStation-compatible indicators, strategies and TradingApps. The qbeats TradingApp provides TradeStation…

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November 04, 2015 BY Maria Nikolova

Ontario Securities Commission adds LBinary to Warning List

The financial markets watchdog of Canada's Ontario has earlier today updated its Warning List, with the latest addition being Chelestra Limited, operating as LBinary. Chelestra, which gives an address in Gibraltar, offers a raft of binary options trading services via Lbinary (lbinary.com). The Ontario Securities Commission (OSC) warns that Chelestra/LBinary is not registered in Ontario,…

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