The capital control laws which banned the vast majority of FX trading between banks in Ukraine were lifted just hours after implementation, and now the Ukraine awaits the the first disbursement under a $17.5 billion IMF bailout. The IMF has declared that it is ready to assist Ukraine with its foreign currency issues
Read moreQuotix, a fintech company specializing in intelligent trade execution and management for the FX industry, has implemented Azul Systems’ Zing in order to eradicate Java garbage collection (GC) issues and latency outliers. Daniil Volkov, Quality Assurance Lead at Quotix explains: “Quotix regularly runs various tests to study system behaviour during high volatility and identify system…
Read moreGAIN Capital COO Jeffrey Scott exercised his right to buy 45,000 units of stock via the firm's stock options policy, and sold them as units of common stock on February 23, resulting in a profit of $45,000
Read moreWithdrawals from LQD Markets are still frozen, and Baker Tilly further states that it is likely that there will be a deficit in client funds, and that the reconciliation process that is currently being carried out will identify in due course the full extent of such a deficit
Read moreFollowing yesterday's announcement that Plus500 had enjoyed a three month period of record revenues at $66.5 million during the last quarter of 2014, the price of shares in the firm is increasing
Read moreThe initial consideration for the acquisition is US$7.5m (£4.9m), of which US$6m (£3.9m) is payable in cash and US$1.5m (£1.0m) through the issue of 74,572 FD new ordinary shares. Deferred consideration of up to US$12.5m (£8.1m) is payable on the achievement of agreed revenue targets over the period to 28 February 2018
Read more"This is about money leaving the account - looking across all logins into peoples accounts and identifying which accounts have been accessed by hackers and fraudsters. The focus therefore should not just be, as with most payment providers, on sending money into accounts" says Tim Thompson, CEO of NOIRE
Read moreThe freefall of Ukraine's national currency, the hryvnia, has been so drastic over the last few weeks that the nation's central bank has imposed rulings which ban the purchasing of foreign currency for their clients
Read moreThe conclusion by global regulators in November last year which resulted in six banks paying $4.3 billion in fines for their part in FX benchmark manipulation has not ended the banks' woes as regulatory authorities in the US and UK are now investigating major financial institutions for rigging emerging market currencies
Read moreForex Tradition, also trading as FTradition has been highlighted by the Financial Conduct Authority as being a clone of the British divisions of Swiss interdealer broker Compagnie Financiere Tradition
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