February 19, 2014 BY Gerald Segal

CME looks to Australia ASX hookup to build Far East derivatives presence

Offering of OTC derivatives clearing in Asia Pacific on the radar for the CME Group The Chicago Mercantile Exchange (NASDAQ:CME) is looking to partner up with the Australian Securities Exchange’s division ASX Clear in order to form a partnership that offers clearing services for OTC derivatives to Australian brokers, as the American company is looking to…

Read more
February 19, 2014 BY Gerald Segal

Plus500 reports revenues growing 105% in 2013 to $115.1 million

Q4 revenues alone are totaling just over $50 million compared to $20 million in Q3 One of the leading publicly traded brokerages listed in the UK, Plus500 (LON:PLUS) has reported its preliminary results for 2013 and the numbers are staggering. Revenues at the company increased by 105% year-on-year to $115.1 million, while net profits almost…

Read more
February 18, 2014 BY Gerald Segal

Yuan made easier to use as Australia's ASX and Bank of China ink deal

Trade and business ties to strengthen further after the implementation by mid-2014 Major Australian stock exchange ASX has issued a press release outlining an agreement between the Bank of China and ASX to provide Chinese Yuan settlement services to the Australian and Chinese financial markets by the middle of this year. The agreement was signed…

Read more
February 18, 2014 BY Gerald Segal

IG Group shares rise to hit all-time high

For many clients of IG.com, their best trade the past year would probably have been buying up shares of..... IG! LeapRate Exclusive... Leading UK spreadbetting and forex broker IG Group has seen investors bid up its shares in the past few weeks, sending IG.com shares to their highest level ever. At its current share price…

Read more
February 18, 2014 BY Gerald Segal

IronFX expands in Latin America and Eastern Europe

IronFX opens new offices in Santiago, Chile and Kiev, Ukraine. As part of its ongoing international expansion strategy Cyprus-based retail forex broker IronFX has announced that it is expanding its operations in both Latin America and the in Eastern Europe. IronFX is opening new offices in Santiago, Chile and Kiev, Ukraine. We recently reported on…

Read more
February 18, 2014 BY Gerald Segal

ASIC improves processes to encourage whistleblowers

Legal advice is strongly recommended before an individual decides to file a report with ASIC Australian regulator ASIC (Australian Securities and Investments Commission) has issued a press release detailing the complete procedure for whistleblowers who decide to contact the entity in relation to organizations and activities that are under the authority’s jurisdiction. The statement explains…

Read more