EBS BrokerTec, the Forex and fixed income arm of ICAP plc (LON:IAP), announces today the addition of a new non-deliverable forward (NDF) instrument – one month against the fix, to be called TOD/TOM. EBS Market is offering an electronic solution for trading today (TOD) and tomorrow’s (TOM) fixing against the one month. The EBS Market…
Read moreA follow-up to LeapRate's earlier report on Forex Club applying for a Forex company registration in Belarus... The broker has announced that, effective April 19, 2016, it is featured in the National Bank of the Republic of Belarus' register of FX companies. The company is amid the first to get such authorization. To make it to…
Read moreCross-border payment network Earthport plc (LON:EPO) today announces that Chris Cowlard will be stepping down as Chief Operating Officer and a member of the board as of June 3, 2016. Daniel Marovitz, who is at present a president of Earthport Europe will move into a new role as President - COO of Earthport. Mr Cowlard…
Read moreWealth managers see the role of technology for maintaining a competitive edge as vital, according to a research conducted by Saxo Markets, the Institutional Division of Saxo Bank, and provider of research services for wealth managers Compeer. The survey shows that 71% of respondents believe the superior technology of competitors is a threat to attracting…
Read moreSwiss online trading, investment and banking services provider Swissquote Group Holding SA (SWX:SQN) has just presented the financial industry with its renovated website https://en.swissquote.com. In tune with the latest trends in the financial services sector, the website puts the accent on imagery and various visual content, while reducing the amount of text for making navigation…
Read moreJapan's Financial Services Agency (FSA) has just updated its Warning List including the names of individuals and businesses that unlawfully target Japanese investors. Amid the latest additions is FestA, operating via https://kabu-festa.com. This is an investment project offering hefty returns to those who entrust their money in a variety of schemes, most of which involve…
Read moreThe Financial Conduct Authority (FCA) has recently notified the public of a rise in complaints against Forex trading and brokerage firms, with the situation seeing little change since this announcement was made in January this year. The pile of warnings issued against unauthorized Forex and binary options brokers in the UK keeps growing, with the latest…
Read moreSouthwark Crown Court today ordered convicted fraudsters Jeffrey Revell-Reade and Anthony May to pay a total of £11, 001,000 in compensation, following an investigation by the UK Serious Fraud Office into a large-scale boiler room fraud. Jeffrey Revell-Reade, 51, was ordered to pay a £10,751,000 confiscation order, whereas Anthony May, 60, was ordered to pay…
Read moreHaving a stable website with good design is crucial for any business and institution nowadays – that is an obvious statement to make, especially in the FX industry where IT issues make the difference between “make it” and “break it”. This must be the main idea for the UK Financial Conduct Authority (FCA), which is…
Read moreInternational provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that Santa Fe-headquartered Thornburg Investment Management (TIM) has selected its enterprise data management (EDM) solution. TIM, a global investment firm with $56 billion in assets under management, will implement Markit EDM to address data quality and governance issues in the firm’s legacy applications and…
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