November 06, 2015 BY Maria Nikolova

KVB Kunlun registers record revenues, profits in Q3 2015

Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just reported its financial metrics for the third quarter and the first nine months of 2015, with the company boasting a record-setting quarter. Revenues for the three months to September 30, 2015 hit record high, reaching HK$157.3 million (US$20.3 million). The result is 59.7%…

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November 06, 2015 BY Maria Nikolova

MT4 and MT5 platforms now support China UnionPay system

MetaQuotes Software Corp. has announced that the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms now support China UnionPay system. Clients of this system can make purchases in the Market, which offers a huge variety of expert advisors (EAs), indicators, books and magazines. In addition, China UnionPay clients can now pay for virtual hosting,…

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November 06, 2015 BY Maria Nikolova

Japanese broker Gaitame Online to offer “Click 365 Large”

“Click 365 Large”, a new Forex margin trading service at the Tokyo Financial Exchange Inc. (TFX), is yet to launch, but the number of companies willing to offer this service to their clients is growing. Japanese retail Forex broker Gaitame Online Co., Ltd today announced that it plans to add “Click 365 Large” to its…

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November 06, 2015 BY Maria Nikolova

Hirose UK raises maximum amount for investment in binary options

Hirose UK, a subsidiary of Japan’s Hirose Tusyo Inc., has just unveiled changes to trading conditions on Lion Binary, the broker's platform for trading binary options. Traders are now allowed to invest higher money sums in binary options. [Before amendment] The maximum trade amount per trade was $200; Total trade amount one could hold for…

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November 06, 2015 BY Maria Nikolova

Nadex seeks to raise number of permissible orders via FIX

North American Derivatives Exchange (Nadex), part of IG Group Holdings plc (LON:IGG), is planning to hike the number of orders that participants are allowed to submit via FIX. The company, regulated by the Commodity Futures Trading Commission (CFTC), has already filed the necessary notice with the regulator. The submission is in accordance with Section 5c(c)(1)…

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November 06, 2015 BY Maria Nikolova

New eToro launches, replacing OpenBook and WebTrader

Several months after the first announcements that a New eToro was coming, the new social trading platform was officially launched. On November 5, 2015, eToro CEO Yoni Assia officially unveiled the New eToro at the Web Summit in Dublin. The platform is built from the ground up and replaces the iconic OpenBook and WebTrader platforms. It…

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November 05, 2015 BY Maria Nikolova

XM launches MT4 WebTrader

Cypriot retail Forex broker XM today announced the addition of MetaTrader 4 (MT4) WebTrader to the offering to its clients. The web platform now enables clients of the broker to trade without the need to install any programs on their computers. Since the launch of the first version of browser-based MT4 in September this year, MetaQuotes…

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November 05, 2015 BY Maria Nikolova

SunGard registers 2% YoY rise in revenues in Q3 2015

The “earnings season” gathers speed, with financial software provider SunGard Data Systems Inc. having just reported a set of robust results for the third quarter of 2015, with revenues and profits staging a rise in annual terms. For the three months to September 30, 2015, revenue was $702 million, up 2% year over year. Financial…

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November 05, 2015 BY Maria Nikolova

SGX reports 2% MoM growth in Forex volumes in October 2015

Singapore Exchange Limited (SGX:S68) has earlier today posted its operating metrics for October 2015, with Forex volumes staging a decent rise in annual and monthly terms, underpinned by robust trading in INR/USD futures. In October 2015, total FX Futures volume was 475,887 contracts, up 2% from the result recorded in September 2015 and up massive 410%…

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