December 17, 2015 BY Maria Nikolova

BitPay expands in Asia via partnership with GASH Point

Bitcoin technology and payment processing company BitPay on Wednesday announced a partnership with GASH Point, a gaming payment brand owned by Taiwanese digital media giant Gamania. GASH Point is a reloadable wallet and prepaid card for online gaming purchases. The wallet is already used by GASH's 10 million clients in Asia and powers more than…

Read more
December 17, 2015 BY Maria Nikolova

Redline Trading Solutions now supports TOCOM

Provider of market data and order execution systems for automated trading Redline Trading Solutions today announced support for futures trading on the Tokyo Commodity Exchange (TOCOM). Market data from TOCOM’s trading system is now made available through Redline’s InRush accelerated ticker plant at ultra-low latency speeds. Automated derivative trading strategies receive insights from more timely…

Read more
December 17, 2015 BY Maria Nikolova

Adgorithms expects earnings in Q4 2015 to be below expectations

Israeli advertising software developer Adgorithms Ltd (LON:ADGO), which had its public listing on AIM in June this year, today provided a trading update for the fourth quarter of 2015. In tune with a previous downbeat forecast for full-year earnings, the company today said that EBITDA margin in the final quarter of the year will be…

Read more
December 17, 2015 BY Maria Nikolova

Belgium's FSMA updates list of unauthorized investment businesses, issues 12 more warnings

The Financial Services and Markets Authority (FSMA) of Belgium on Wednesday updated its list of unauthorized investment businesses by issuing 12 more warnings to the public against the activities of various "boiler rooms". The Belgian regulator defines “boiler room” as a type of fraud that involves contacting customers often by telephone, offering to sell them…

Read more
December 16, 2015 BY Maria Nikolova

CFTC approves tighter cybersecurity rules for Derivatives Clearing Organizations, Trading Platforms, Swap Data Repositories

Cybersecurity has been in the focus of US financial regulators over the past several months. In October this year, the National Futures Association (NFA) unveiled new cybersecurity rules for its members, including Forex brokers, and in November, the New York State Department of Financial Services (NYDFS) sent an official letter to Financial and Banking Information Infrastructure Committee…

Read more
December 16, 2015 BY Maria Nikolova

Ladbrokes, Coral Group seek to fast track regulatory approval of merger

The UK Competition and Markets Authority (CMA) today announced an invitation to comment on the proposed merger of gaming and betting provider Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses. As usual, the CMA is considering whether this transaction will result in the…

Read more
December 16, 2015 BY Maria Nikolova

Alpari applies for Russian Forex dealer license

Alpari has joined the string the Forex companies applying for a Russian Forex dealer license. On Tuesday, December 15th, Alpari Forex submitted the necessary documents with the Bank of Russia. The company, whose own funds exceed RUB 100 million, a pre-condition to get a Forex dealer license in Russia, aims to obtain the necessary authorization…

Read more
December 16, 2015 BY Maria Nikolova

Equinix appoints Nanci Caldwell to Board of Directors

Equinix Inc (NASDAQ:EQIX), an interconnection and data center company, on Tuesday announced the appointment of Nanci Caldwell to its Board of Directors. At present, Ms Caldwell also sits on the Boards of CIBC and Citrix Systems. She is the former Executive Vice President and Chief Marketing Officer of PeopleSoft Inc. in Pleasanton, California. Before joining…

Read more
December 16, 2015 BY Maria Nikolova

Latest version of Swissquote Mobile app works on Android Wear devices

Switzerland's leading provider of financial services online Swissquote Group Holding SA (SWX:SQN) has earlier this month released an updated version of its Swissquote Mobile application for Android-powered gadgets. The latest version of the application (5.1.0) provides traders with access to quotes list and accounts on their Android Wear devices. This marks a further push by…

Read more
December 16, 2015 BY Maria Nikolova

Otkritie Broker launches MT5 on Moscow Exchange's Equity and Bond Market

MetaQuotes Software, the developer of trading technology products, today announced that Otkritie Broker has officially launched the MetaTrader 5 (MT5) trading platform on the Equity and Bond Market of the Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX). Over 60,000 clients of Otkritie are now able to trade securities using all the advantages of the…

Read more