March 27, 2014 BY Gerald Segal

CPattern launches retention alerts tool for Binary Options brokers

System provides alerts about critical behavior of traders to enable broker’s retention agents to target and engage Retention automation and marketing software is a very lucrative niche for companies that can develop a system that provides deep insight and results. CPattern is one of those companies, and has launched a new retention alerts tool for…

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March 27, 2014 BY Andrew Saks-McLeod

Full of eastern promise: Tradency collaborates with Simplex as Japanese focus continues

Social and copy trading provider Tradency is furthering its commitment to the Japanese market by cooperating with financial IT specialist Simplex Copy trading platform providers continue to make it clear that resting on their laurels is not part of their mantra, especially when in the popularity of such systems in current times has created widespread competition…

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March 27, 2014 BY Gerald Segal

London creates Renminbi clearing bank with China’s blessing

BoE and PBOC agree on renminbi clearing and settlement in the UK The bank to be named for clearing and settlement has yet to be determined according to Reuters. A clearing bank is considered a politically sensitive subject in China, and is usually a domestic entity, with Bank of China and ICBC seen as the…

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March 26, 2014 BY Gerald Segal

Spin off and reorganization at BNP Paribas amid changes

French bank BNP Paribas dealing with ever changing regulatory environment BNP plans a separate derivatives clearing business, as part of its near term strategy to increase earnings at its fixed income business. BNP Paribas will shift its OTC client clearing and FX prime brokerage operations alongside its listed derivatives clearing business. The businesses had previously sat…

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March 26, 2014 BY Andrew Saks-McLeod

CySec issues €12,000 administrative fine to Cyprus division of Dragon Capital

Cypriot division of Kiev-based institutional and retail brokerage firm found to have not maintained correct anti-money laundering procedure Cypriot regulatory authority CySec has today imposed a €12,000 total administrative fine on the Cyprus division of institutional and retail multi-asset brokerage firm Dragon Capital. The company, whose head office is in Kiev, Ukraine, has operations in…

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March 26, 2014 BY Andrew Saks-McLeod

MtGox to work alongside police to locate missing Bitcoins

As the search for missing virtual currency which contributed to the demise of MtGox continues, will co-operation with police unearch missing Bitcoins? Failed Bitcoin exchange MtGox has today announced via its website that it intends to work alongside the Police in relation to the disappearance of $490 million worth of Bitcoins. MtGox's website which has…

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