Hong Kong retail Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has earlier today published a profit warning for the nine-month period till September 30, 2015. The Board informs the shareholders that after a review of the corporate accounts for the first nine months of 2015, profits attributable to shareholders of the broker for the…
Read moreJapanese online trading services provider Monex Group, Inc. (TYO:8698) has earlier today reported its preliminary financial metrics for the second quarter and the first half of its fiscal year to the end of March 2016. The set of results is rather solid, especially when compared with the same period a year earlier when the company…
Read moreThe UK Serious Fraud Office (SFO) has provided an update regarding its investigation into Global Forex Investments and Global Forestry Investments, fraudulent investment schemes that have led to multi-million losses for UK investors. The start of the criminal investigation was officially announced in February this year, when the SFO asked people who have invested funds…
Read moreIntercontinental Exchange Inc (NYSE:ICE), an international network of exchanges and clearing houses, has just announced that it has reached a definitive agreement to acquire financial market data provider Interactive Data Corporation (IDC). ICE is acquiring the company from technology investing firm Silver Lake and private equity firm Warburg Pincus. The deal is valued at approximately…
Read moreShortly after the U.S. Commodity Futures Trading Commission (CFTC) starting publishing a RED List of binary options and Forex brokers that target US investors without having the necessary registration to do so, the wave of alerts against the dangers of binary options continues across the United States. The US Financial Industry Regulatory Authority (FINRA), which has…
Read moreAfter several months during which visitors of the corporate website of Cypriot Forex broker CommexFX saw a message saying “Suspended for 15 days”, all of the information about the broker disappeared from the website as its domain name has expired. Since Friday – October 23, 2015, visitors of commexfx.com have seen an announcement that the…
Read moreBank of Russia, the financial “Megaregulator” that is responsible for the Forex industry in the country too, has had an Instruction regarding the business activities of Forex brokers published in its official newspaper today. The Instruction includes 11 standards, or standard requirements, which Forex brokers willing to be and stay regulated in Russia should meet.…
Read moreTrad-X, the OTC derivatives trading platform of Compagnie Financiere Tradition SA (SWX:CFT), today announced some impressive operating metrics concerning USD interest rate swaps (IRS). The company said that total USD interest rate swaps (IRS) trading volumes since launch on Trad-X, have now exceeded $2.5 trillion, with the period starting in January 2015 accounting for more…
Read moreEarlier today, CFD broker Plus500 Ltd (LON:PLUS) published information about a transaction in its shares. In a transaction dated October 23, 2015, JPMorgan Chase & Co. (NYSE:JPM) increased its holding in the broker to 7.04%. The investment bank (which is probably acting on behalf of its clients), purchased 427,587 ordinary shares in the broker, thus…
Read moreFidessa Group plc (LON:FDSA), provider of trading, investment and information solutions to the financial industry, has announced that the appointment of Andy Skelton as its Chief Financial Officer became effective today. In his new role, Mr Skelton succeeds Andy Malpass, who is stepping down as Fidessa's CFO today. He will, however, remain an executive director…
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