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…
Read moreAfter five and a half years at OANDA's Asia Pacific operation, Tracy Simone Tan assumes senior directorship position OANDA has promoted Tracy Simone Tan to Director of Business Operations for the Asia Pacific region. This particular promotion to senior management represents a significant progression in Ms. Tan's career, an industry professional who has held a…
Read moreGranted formal approval for the investment advisory business registration by the JFSA Copy trading platform provider Tradency has been recognized as a Japanese Financial Services Agency (JFSA) investment advisory business, according to a press release issued today. The JSFA is formally treating and categorizing this type of signal copying under the umbrella of an investment advisory…
Read moreUK division of European financial giant settles early with FCA to avoid fine of almost £17.7 million following FCA inspection which unearthed improper advice on investment products Amid the Financial Conduct Authority (FCA)'s current drive toward strengthening its regulatory stronghold over individuals and companies which offer financial advice to retail clients, the British regulatory authority…
Read moreRegular explanatory seminars for prospective clients held at City Index Israel generates 50 to 70% acquisition rate and encourages long lifetime value A great deal of consideration is given toward the most effective method of attracting clients and maintaining their loyalty within retail FX companies, a factor which is critical due to not only the…
Read morePerseus provides many of the world’s fastest market-to-market routes Perseus Telecom has announced that it will offer trans-Atlantic Wireless Access; 33.84ms Milliseconds New York to Frankfurt. The service is accessible from NY4 to Frankfurt FR2 data centres with the performance on the link at 67.68ms RTD currently, reducing to 67.39ms RTD in July 2014 with…
Read moreAustralian broker FP Markets beefs up FX execution with LMAX In an effort to boost its FX offering to clients FP Markets (FPM) out of Australia has partnered with LMAX Exchange. Matthew Murphie, Managing Director of FP Markets commented in the press release: “We are thrilled to have teamed up with LMAX Exchange as their…
Read moreFX marketing professional Bart Burggraaf of MediaGroup London explains why product and strategy matters more than pretty advertisements I am willing to concede that product and strategy can flow from a great creative idea and that in the past many major advertising successes came from a Creative who found the golden nugget in an otherwise distinctly un-shiny…
Read moreHong Kong became the first offshore yuan trading hub in 2004, followed by London in 2011 According to the latest SWIFT RMB Tracker (February 2014), the top offshore RMB hub remains London (excluding Hong Kong and Mainland China). Singapore is right behind London in weight and rank and is gaining volume. Singapore yuan clearing volume…
Read moreINTL FCstone Ltd and INTL Global Currencies Ltd are to be placed as one business, based in London INTL FCStone has today announced that it has received authorization from the UK's Financial Conduct Authority to consolidate the entire operations of its two British subsidiaries, which are INTL FCStone Ltd and INTL Global Currencies Ltd, both…
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