February 05, 2014 BY Gerald Segal

January volumes continue trending higher at Monex - up 20%

Monex nails a great start to the year continuing solid rebound since October 2013 Monex Group has just published January trading volumes on its website and the results are promising - activity has picked up by 20% on last month's already impressive rebound. The amount of average daily transactions has reached ¥167 billion ($1.65 billion) in…

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February 05, 2014 BY Gerald Segal

EXNESS forex volumes top $150 billion in January

EXNESS also set a one-day volume record of $10.8 billion on January 23rd Volume numbers at New Zealand registered and CySEC regulated upcoming brokerage EXNESS have surprised to the upside with a record rise to $150 billion - way over December's figures. Thats a whopping spike by more than a third and it seems to…

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February 04, 2014 BY Gerald Segal

Saxo Bank volumes rise 30% on last month

Saxo starts the new year on a flying note, a solid increase appears to be turning the trend A stark rebound in Saxo Bank's volume metrics for the month of January - that's what we are seeing from the company's announcement on their website. Overall monthly volumes were higher than January by almost 30%, totaling…

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February 04, 2014 BY Gerald Segal

Moscow Exchange January volumes mark a seasonal drop by 28%

Year-on-year growth remains steady, rising FX volatility might be here to stay FX contracts volumes on the Moscow exchange have subsided somewhat from December's impressive showing. Despite being on the lower side when compared to the end of last year, the number overall is pretty strong considering that Russia was celebrating NYE and Christmas during…

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February 03, 2014 BY Gerald Segal

Tradologic launches affiliate network AffMarkets

The platform is aimed at bridging the gaps between affiliates and binary options white labels One of the worlds largest binary options platform providers Tradologic has introduced a new offering today aimed at affiliate businesses. The newly launched AffMarkets affiliate network is aimed at connecting binary option brands with leading affiliates offering them an expanded…

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February 03, 2014 BY Gerald Segal

CySEC instructs brokers to crack down on tax offenders

Regulatory pressure on Cypriot companies firming up, this time its about tax dodging Cypriot financial regulatory authority CySEC has released a press release today detailing information regarding an upcoming proposal by the European Commission that is aimed to fight terrorist financing and money laundering activities. CIFs by no means are expected to determine whether their…

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February 03, 2014 BY Gerald Segal

State Street overcharges clients, fined £23 million by the FCA

The bank has systemically overcharged clients without their nor management's knowledge UK's financial regulator FCA has issued a press release detailing the wrongdoings of State Street UK and mandated the company to pay a hefty £23 million fine. According to the UK watchdog, State Street UK's Transitions Management has systemically marked up fees on certain…

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February 03, 2014 BY Gerald Segal

Spotware Systems launches tick charts for cTrader and cAlgo

By popular demand the company managed to implement tick-by-tick data presenting traders with new strategy opportunities The company behind the creation of award winning trading platforms cTrader and cAlgo, Spotware Systems, has announced that it is implementing tick charts in its NDD offerings. The difference in tick chart creation is that instead of using a preset…

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January 31, 2014 BY Gerald Segal

XM.com Contest Arena – gambling or trading?

Will regulators allow organized contests (i.e. bets) between clients of forex brokers? We often wonder where are the regulatory borders of legality in binary options. Should they be treated as a financial product (as does Cyprus' CySEC and Malta's MFSA), or should they be regulated by gaming commissions (as in the UK)? We take no…

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