Russian financial market operator Moscow Exchange has announced that, effective today November 27, 2017, the new name of the Russian stock market benchmark – MOEX Russia Index – officially came into effect. The index was formerly known as the MICEX Index. The new name will support increased brand recognition for MOEX and a more cohesive…
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Shares of Global Brokerage Inc (NASDAQ:GLBR) continued their slide into oblivion late last week, with GLBR down another 30% on Friday after US trading continued following the one day Thanksgiving break. After initially barely reacting following the announced plans of the company two weeks ago to reorganize under Chapter 11, Global Brokerage – which owns 50% of…
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The Libertex trading platform has announced the launch of Bitcoin-nominated margin trading for Litecoin, Ethereum and Bitcoin Cash. Cryptocurrencies have become a significant part of the modern financial market. The demand for them is booming and their prices continue to set new records. Libertex are pleased to announce the launch of the following cryptocurrency pairs:…
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It seemingly cannot be stopped. At least one thing does seem sure, at least for now - there are a lot more buyers than sellers of Bitcoin and its cryptocurrency cousins Ethereum, Dash, et al. More demand than supply. As we've written before on several occasions, weekends seem to be a popular time for Bitcoin…
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Your Weekly Trading Review by UFX.com – Sunday, November 26th, 2017 Some of this past week’s leading economic news and events affected the financial markets: The EUR/USD and GBP/USD increased by +0.69% and +0.21%, respectively. Gold fell by -0.39%, while Crude Oil saw an increase in value of +1.60%. The 3 major US indices all saw positive…
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While there was much to ponder in Forex Industry News this past week, our coverage was highlighted by a number of senior executive moves at some of the leading FX sector companies. Who's the new CEO at RationalFX? Which former City Index executive is joining Ikon Finance ahead of its relaunch as an institutional FX…
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Binary options technology and brokerage company TechFinancials Inc (LON:TECH) is getting out of the broker side of the business. TechFinancials today announced that it has agreed to sell its CySEC licensed subsidiary B.O. TradeFinancials Limited which operates the OptionFair binary options brokerage brand, as well as another related subsidiary MarketFinancials Limited, to a Cyprus incorporated company called…
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Canadian financial regulator The Ontario Securities Commission (OSC) has denied a request by its own staff to suspend activities of Omega Securities Inc., ahead of a final hearing on whether or not Omega has been afoul of Canadian securities law. Omega Securities is the operator of two lit marketplaces: Omega ATS and Lynx ATS. These…
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Australia financial regulator ASIC has announced that it has accepted an enforceable undertaking from Foster Stockbroking Pty Limited (FSB) over the stockbroker's capital markets and research businesses, following an ASIC investigation into conflicts of interest. FSB is an Australian financial services licensee based in Sydney that provides investment banking and traditional stockbroking (including research) services…
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Leading Australian Retail FX and CFDs broker Pepperstone has announced that it is now offering four cryptocurrencies against the US Dollar – Bitcoin, Ethereum, Dash and Litecoin. The cryptocurrencies will be available for trading with leverage up to 20:1 across all of the company's trading platforms. Cryptocurrency has large market movements that Forex and CFD traders can…
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