Retail forex broker FXCM Group, LLC and the APEX Exchange have signed a Memorandum of Understanding (MoU), agreeing to collaborate on launching new and innovative products on the exchange. Zhu Yuchen, CEO of APEX, stated: APEX is a firm believer in promoting the development of the local industries in futures and options contracts covering both…
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ATFX (UK), a global leading online trading service provider, has just announced that it has appointed Marcos Tigsilema as Commercial Director. Marcos Tigsilema has previously worked for companies, such as GKFX Financial Services Ltd, Black Pearl Securities Ltd, OANDA Europe Ltd, and Alpari UK Ltd. Richard Craddock, CEO of ATFX (UK), shared: ATFX are very…
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After reporting multi-year lows in trading volumes in September, retail FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) had a very nice rebound in October, with volumes up 55% MoM, coming in at $231 billion. November activity at GAIN Capital, which operates the FOREX.com and City Index retail forex brands, was down 10% MoM, dropping at $207 billion. Number of…
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TMX Group Limited (TSX:X) has announced the trading statistics for November for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). Another record from the Montréal Exchange, as its Ten-Year Government of Canada Bond Futures (CGB) achieved a new daily volume record of 922,435 contracts in the…
Read moreDeutsche Börse has just announced that REGIS-TR, the pan-European trade repository services company will open a Trade Repository in the UK. The UK clients will need this kind of presence in a post-Brexit world and REGIS-TR will provide a continuous service for these clients. REGIS-TR was launched back in 2010 by Iberclear and Clearstream. Clearstream already maintains…
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Australian regulator ASIC has informed the public that it has canceled the Australian financial services (AFS) license of the company Bristol Street Financial Services Pty Ltd. According to the regulator, Bristol Street Financial did not comply with several financial services laws, which has led to the cancellation. The complete text of ASIC's announcement reads as…
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The cryptocurrency market has definitely seen better days. The market capitalization of the entire market fell off to around $107 billion, when a year ago, Bitcoin was hitting the $20,000 mark and the entire market cap was somewhere in the $550-$600 billion range. The fall in prices has not only erased the smiles of many…
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Binance is one of the largest cryptocurrency exchange platforms in the world. The platform has just announced their launch of subsidiary accounts feature for institutional and high net worth investors. The request for such an option has been long awaited, as institutional investors have had a large impact on the cryptocurrency industry in the last…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2018. Highlights include: Weak Jobs Numbers Leads Gloomy News Cycle: Weaker jobs, weaker stance taken by Fed and the latest disagreement between Xi and Trump are all affecting the market. The focus is…
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Retail banking company Metro Bank (LON:MTRO) announced that it has added to its mobile application international payments for both its personal and business clients. Metro Bank's mobile app uses Artificial Intelligence (AI) to generate tailored alerts and tips, thus enabling customers to get insights on their personal and business accounts and manage their funds more effectively. David Sosna, Co-founder…
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