October 30, 2015 BY Maria Nikolova

MT5 build 1210 offers enhanced Depth of Market

MetaQuotes Software today announced the release of the latest build of MetaTrader 5 (MT5), which offers enhanced Depth of Market and other improvements. The latest build of the platform enables traders to place limit orders at a price worse than the market price in the Depth of Market. This allows traders to get a guaranteed…

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October 30, 2015 BY Maria Nikolova

FINRA's CEO Richard Ketchum set to retire in 2016

The Financial Industry Regulatory Authority (FINRA) announced today that Chairman and CEO Richard Ketchum is set to retire in the second half of 2016. In its announcement, FINRA praised Mr. Ketchum as one of the foremost industry regulators for more than three decades. He joined FINRA from the NYSE where he was CEO of NYSE…

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October 30, 2015 BY Maria Nikolova

Bank of Russia keeps key rates at 11%

After a rate-setting meeting today, the Bank of Russia Board of Directors has decided to keep the key interest rate unchanged at 11.0% per annum, referring once again to substantial inflation risks. In its announcement, the Russian “Megaregulator” said the balance between inflation risks and the risks of economy cooling has broadly remained the same…

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October 30, 2015 BY Maria Nikolova

CBOE Holdings registers 40% YoY jump in net income in Q3 2015

The string of bullish financial reports for the third quarter of 2015 continues, with CBOE Holdings, Inc (NASDAQ:CBOE) announcing a set of solid performance metrics for the period, including a steep jump in revenues and income. Net income allocated to shareholders of CBOE Holdings amounted to $67.2 million in the three months to September 30,…

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October 30, 2015 BY Maria Nikolova

KCG sees steep rise in Q3 2015 income

KCG Holdings, Inc. Class A (NYSE:KCG) has earlier today posted its financial metrics for the third quarter of 2015, with the numbers turning out very solid as the company has managed to benefit from an upturn in market conditions in the US equity market. GAAP pre-tax income for the three months to the end of…

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October 30, 2015 BY Maria Nikolova

Deutsche Börse, Shanghai Stock Exchange, CFFEX establish RMB JV

Deutsche Boerse AG (ETR:DB1), Shanghai Stock Exchange (SSE), and China Financial Futures Exchange (CFFEX) on Thursday officially established their joint venture “China Europe International Exchange” (CEINEX). This new marketplace will offer trading of RMB-denominated offshore products and is set to start operations on November 18, 2015 under the new brand CEINEX. The respective agreement was…

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October 30, 2015 BY Maria Nikolova

SafeCharge has 151,575,515 shares re-admitted to AIM

A follow-up to the story of the re-domicile of payment services provider SafeCharge International Group Ltd (LON:SCH) and the resultant re-admission of its shares to trading on the AIM Market of the London Stock Exchange (AIM)... An AIM notice from this morning shows that 151,575,515 ordinary shares in the company were re-admitted to trading as of…

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October 30, 2015 BY Maria Nikolova

GMO Click sells 9.6% stake to Daiwa Securities as part of new Business Alliance

Daiwa Securities Group Inc (TYO:8601), Daiwa Securities, GMO Click Holdings Inc (TYO:7177) and GMO CLICK Securities today announce the execution of Memorandum of Understanding with view to forming business alliance. Under the strategic partnership, Daiwa Securities Group will acquire 11,100,000 shares in GMO CLICK HD. The amount of shares acquired equals 9.6% of outstanding shares…

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October 30, 2015 BY Maria Nikolova

GMO Click launches website for migration to upgraded FX Neo

GMO Click Securities, the retail Forex broker which is a part of GMO Click Holdings Inc (TYO:7177), today provided one more update regarding the launch of upgraded FX Neo, the broker’s platform for margin Forex trading over the counter. The company today presented a designated site: https://www.click-sec.com/corp/guide/fxneo/, where existing and future users of FX Neo…

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October 30, 2015 BY Maria Nikolova

ASIC annual report confirms strict approach to retail FX sector

Australian Securities & Investments Commission (ASIC) has just tabled its Annual Report for the fiscal year to June 30, 2015, with the document providing further evidence of the rigid approach the Australian regulator has adopted regarding the retail OTC derivatives sector (read, retail Forex). The watchdog notes that it has increased its focus on ‘rogue’…

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