February 18, 2015 BY Andrew Saks-McLeod

CySec suspends license of FxPulp

FxPulp's license has been suspended by CySec, with a 10 day period having been provided for the firm to comply with irregularities highlighted by the regulator. During this period, the firm must return client funds and profits

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February 18, 2015 BY Mike Fox

FCA authorized ECommPay named a Visa Principal Member

Just officially announced, VISA's European Board of Directors has granted VISA Principal Member status to payment processing company ECommPay. ECommPay creates bespoke payment solutions for e-Commerce merchants, enabling them to make and to accept payments via VISA/MasterCard and China Union Pay bankcards, as well as through popular alternative payment systems. The newly acquired status demonstrates…

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February 18, 2015 BY Mike Fox

Thomson Reuters spot FX volumes spring back with 27% MoM ADV rise to begin 2015

Today, Thomson Reuters reported volume figures for January 2015 for it's combined average daily volumes (ADV) on their FX electronic trading platforms Matching, FXall and the Thomson Reuters SEF. The volumes figures cover all spot, forwards, swaps, options and non-deliverable forwards traded on those platforms. January saw a 27% MoM rise in spot FX volumes…

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