February 26, 2014 BY Gerald Segal

Bitcoin prices recover after post Mt Gox slide

Mt Gox closure sent prices on other exchanges down 25% to low $400's, now back around $600 Recent developments in the crypto currencies world have been of a substantially disruptive nature and there is no doubt that confidence has been shattered all over the place as the formerly leading Japanese exchange Mt Gox has finally…

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February 25, 2014 BY Gerald Segal

New Zealand’s OMF selects TwoFour for FX payments and margin activity

OMF also recently launched the cTrader ECN platform for FX trading FX transaction processing software provider TwoFour has announced in a press release that New Zealand based OM Financial Limited (OMF) has selected the company to provide it with its TwoFour Foreign Exchange software to manage the whole spectrum of FX payments and margin transactions.…

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February 25, 2014 BY Gerald Segal

CME Group hops on the financial markets educational content bandwagon

The newest educational website related to financial markets is FuturesFundamentals.com One of the world's leading exchange traded and over-the-counter derivatives exchanges has launched a new website that is aiming to educate its readers on the role of futures markets in the real economy. The CME Group achieves two important goals with its launch - it's…

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February 25, 2014 BY Gerald Segal

LeapRate Exclusive: increased interest in Bitcoin trading through CFDs

Traders interested in speculating on the crypto-currency market are not put off by Mt Gox's closure LeapRate Exclusive: Sources close to various forex brokers in the industry have confirmed that as the debacle of the former leading Bitcoin exchange Mt Gox unfolds, interest amongst customers to trade the digital currency has been increasing. In fact the…

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February 25, 2014 BY Gerald Segal

ESMA launches an EU wide register of regulated companies

It was about time to have a single framework to access EU wide information through a single resource It's been a long time coming - finally the European authority in charge of financial markets, the ESMA (European Securities and Markets Authority), has issued a press release that details the introduction of a single, consolidated register for…

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February 25, 2014 BY Gerald Segal

Plus500 insider sells and pockets $41 million, shares continue upward

Plus500 co-founder Shimon Sofer sells, but Plus500 shares set another all-time high News that one of the founders of publicly listed CFDs broker Plus500 (LON:PLUS) has sold an overwhelming majority of his shares didn't manage to put a dent to investors' mood about the company. According to a notification letter published on the company's website,…

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February 25, 2014 BY Gerald Segal

ASIC takes action against Forex Financial Services Ltd

The company (unknowingly) engaged in offering managed discretionary accounts The Australian regulator ASIC has issued a press release that details an enforceable action against online forex broker Forex Financial Services Ltd (Forex FS). An investigation which was carried out by Australian authorities has found that between March 2010 and October 2011 the brokerage has been…

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February 24, 2014 BY Gerald Segal

EU seeks power to revive a scaled back Transaction Tax

Another opportunity for the UK to solidify its position as the European financial center As a coalition of 11 Euro Zone member countries is struggling to introduce a new levy on financial products transactions and it is becoming increasingly clear that the division on the issue is more widespread than originally thought. While The Netherlands, UK, Sweden…

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February 24, 2014 BY Gerald Segal

Oanda targets China, adds Chinese support to fxTrade Mobile

51% of account logins at the leading Canadian brokerage are coming from mobile devices Leading Canadian pioneering brokerage Oanda has announced last week the Chinese localization of its mobile trading platform fxTrade Mobile across iOS and Android. The platform is already established as one of the best in the mobile trading space providing an intuitive…

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