Japan's retail FX firms enjoyed record volumes last year, with MONEX predicting dividends to reflect stellar performance MONEX Group has today announced its forecast for the payment of dividends for the fiscal year ending March 31, 2014. Bearing in mind the remarkable performance achieved by MONEX along with its contemporaries and compatriots last year, it…
Read moreJapanese FX conglomerate MONEX Inc creates Service Operations Department and appoints Tomoyuki Ishibashi to lead position Japanese FX giant MONEX Group has today announced that its subsidiary MONEX Inc has made two changes within its senior personnel, as well as establishing a new division within the firm. For the purpose of maintenance and management of…
Read moreThe imminent MENA FX conference in Dubai has been postponed, with organizers citing events in Russia and Ukraine as the reason despite distance. LeapRate gains industry opinion Just how much influence on an event organized in one region, can the change in political stability of another region have? Whereas it may be most certainly fair…
Read moreSystem 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…
Read moreSocial 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…
Read moreEXNESS General Director Oleg Okhrimets discusses social trading, Russia FX regulation, binary options, and more.
Read moreBoE 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…
Read moreFrench 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…
Read moreSwiss financial regulatory authority FINMA appoints Mark Branson as CEO, whilst Yann Wermeill steps down from Executive Board to be superseded by two newcomers The FINMA Board of Directors has unanimously appointed Mark Branson to the post of CEO of the Swiss Financial Market Supervisory Authority FINMA. His appointment has been approved today by the…
Read moreCypriot 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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