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Home › News

June 18, 2015 BY Maria Nikolova

FMA imposes fine of NZ$1.5m on Milford Asset Management for market manipulation

The conduct of one of the traders employed at the firm breached the market manipulation prohibitions stated in the Securities Markets Act 1988.

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June 18, 2015 BY Maria Nikolova

Monex sees operating revenues fall 6% MoM in May 2015

Operating revenues at the group totaled JPY 4.45 billion in May 2015, down 6.3% from an already unimpressive result of JPY 4.75 billion registered in April 2015.

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June 18, 2015 BY Mike Fox

Cold calling firm FXTS Guru cut off following ASIC concerns

Following concerns, FXTS Guru has agreed to cease contacting Australian resident investors and has also agreed to change the information on its website to remove references to Australia.

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June 18, 2015 BY Mike Fox

Bitcoin exchange Coinbase launches 'Instant Exchange' for USD, EUR, and GBP

Currency risk fears are addressed as Coinbase announces the launch of Instant Exchange, a feature that now allows users to send or receive bitcoin payments while eliminating exposure to bitcoin exchange rate fluctuation.

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June 18, 2015 BY Mike Fox

South Korea joins global Forex probes for rigging by banks

Jeong Jae-chan, the chairman of South Korea’s Fair Trade Commission, told a parliamentary hearing that an investigation had begun, although he did not elaborate.

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June 18, 2015 BY Mike Fox

Dukascopy completes stress tests to safegaurd the group and clients against black swan

Dukascopy believes these measures will eliminate repetition of Alpari/FXCM scenarios and will not influence the large majority of the group's retail clients.

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June 17, 2015 BY Mike Fox

FxNet ditches proprietary IB back office for PLUGIT's 'IB Portal System'

LeapRate Exclusive: FxNet partners with Plugit Ltd. for new Introducing Broker (IB) back-office solution

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June 17, 2015 BY Andrew Saks-McLeod

Settlements of civil litigation by banks over FX rigging nears $2 billion - WSJ

HSBC, Barclays, BNP Paribas and Goldman Sachs have signed agreements to settle civil litigation relating to FX rate manipulation, bringing the total to almost $2 billion

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June 17, 2015 BY Andrew Saks-McLeod

KCG launches rebranded venue MatchIt; simplifies trading experience

One of KCG's strengths is our ability to source liquidity. MatchIt provides the firm and its subscriber clients with another way to access liquidity in today's marketplace" - Erica Attonito, Managing Director, Electronic Trading Group, KCG

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June 17, 2015 BY Andrew Saks-McLeod

Chinese banks purchased $1.3 billion in FX in May, calming fears about possible capital flight

"Banks bought a net $1.3 billion worth of foreign exchange for clients in May, showing a major turnaround," Wang Yungui, head of policy and regulations at the State Administration of Foreign Exchange (SAFE), told a news conference in Beijing Wednesday

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