November 11, 2015 BY Maria Nikolova

Japan's FSA adds Trade-Bo, Option Ace to Warning List

Japan's Financial Services Agency (FSA) has earlier today updated its Warning List, which includes the names of overseas businesses that lack the necessary registration to target Japanese investors but nevertheless do so. The latest additions to the list are two binary options brokers: Trade-Bo, operating from https://www.trade-bo.com, and Option Ace, operating from https://www.option-ace.com. Both companies…

Read more
November 10, 2015 BY Maria Nikolova

NY financial regulator considers increased cyber security defenses

Shortly after the National Futures Association (NFA) announced that it will tighten the requirements regarding cyber security for all of its members, including Forex brokers, another US regulator is considering new cyber security requirements. The New York State Department of Financial Services (NYDFS) has sent an official letter to Financial and Banking Information Infrastructure Committee (FBIIC)…

Read more
November 10, 2015 BY Maria Nikolova

OANDA releases updated fxTrade app for Android devices

OANDA Corporation has just released an updated version of its fxTrade Mobile application for Android devices, with the enhancements ranging from new unified settings view to easier access to full screen charts. The new features include: Economic Calendar is now on the phone; Information is more readily at traders' finger tips with a new navigation…

Read more
November 10, 2015 BY Maria Nikolova

New MT4 build to accelerate downloading of MQL4 programs from Code Base

MetaQuotes Software, the developer of the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), has announced the pending launch of MT4 Build 910 on Thursday, November 12, 2015. The new build contains a number of fixes and improvements, including enhanced work with MQL4 programs. In the new build, downloading of MQL4 programs from…

Read more
November 10, 2015 BY Maria Nikolova

DealHub acquisition contributes to revenue growth at Markit in Q3 2015

The “earnings season” continues at full speed, with Markit Ltd (NASDAQ:MRKT) adding its voice to the chorus of companies seeing their revenues rise in the third quarter of 2015. Markit attributed the rise in the third-quarter revenues to successful acquisitions, including the acquisition of DealHub, which was completed in September 2015. DealHub has joined Markit's…

Read more
November 10, 2015 BY Maria Nikolova

Hong Kong court orders freeze of assets of Maxim Trader

The Hong Kong authorities have shown they are capable of rigid actions against unlicensed Forex companies... The Court of First Instance has granted various interim orders against Maxim Capital Limited (Maxim Capital), an unlicensed investment firm, including freezing all its assets in Hong Kong totalling approximately HK$23.5 million ($3.03 million). The court decision was made…

Read more
November 10, 2015 BY Maria Nikolova

FCA proposes establishment of “regulatory sandbox”

The Financial Conduct Authority today published a special report to Her Majesty’s Treasury on the feasibility and practicalities of developing a regulatory sandbox. The latter is supposed to be a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms without immediately confronting all the normal regulatory consequences of engaging…

Read more
November 10, 2015 BY Maria Nikolova

Numerix deploys OneTick to boost risk analytics, market data capabilities

Numerix LLC, a provider of cross-asset analytics for derivatives valuations and risk management, today announced the integration of OneMarketData's OneTick enterprise data management platform. The platform is now integrated into the Numerix CrossAsset analytics suite. OneTick provides clean, consistent, normalized real-time and historical global market data and analytics. The unified solution offers Numerix customers a…

Read more
November 10, 2015 BY Maria Nikolova

TAIFEX registers steep rise in RMB futures volumes in October 2015

Taiwan Futures Exchange (TAIFEX) has earlier today published its operating metrics for October 2015, with the month showing a recovery in trading volumes, including RMB futures volumes, after a subdued September. The Exchange set a record last month, as the total trading volume from January to October 12, 2015 reached 202,878,207 contracts, breaking the previous…

Read more