April 14, 2016 BY Maria Nikolova

Adgorithms' FY 2015 revenues rise but fail to meet expectations

Israeli advertising software developer Adgorithms Ltd (LON:ADGO), which listed on AIM in June last year, has earlier today published its financial metrics for the 12 months to December 31, 2015, with earnings failing to meet expectations. Due to what the company called “ an unforeseen shift in the market”, it delivered revenues of $22.1 million in…

Read more
April 14, 2016 BY Maria Nikolova

OptionsHouse gets registered as Futures Commission Merchant

Chicago-based online broker OptionsHouse, part of Aperture Group, was granted registration as Futures Commission Merchant (FCM) on April 13, 2016. The updated status of the company can be viewed on the Broker/Firm Information (Basic) page maintained by the US National Futures Association. The FCM registration is granted about a month after OptionsHouse officially announced its…

Read more
April 14, 2016 BY Maria Nikolova

Japanese OTC Forex volumes drop 26% MoM in March 2016

The Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for March 2016. In tune with what the FX industry has displayed thus far, OTC FX and binary options trading volumes showed a well-pronounced decline last month. As…

Read more
April 13, 2016 BY Maria Nikolova

TradingView sheds lights on FXCM historical data issues

Financial visualization platform TradingView today sought to explain the reason for the difference between the FXCM Inc (NYSE:FXCM) historical data on tradingview.com and FXCM Trading Station. The reason for this, TradingView claims, is the FXCM API, which does not guarantee that all ticks are delivered to a charting platform like TradingView. This API is capable…

Read more
April 13, 2016 BY Maria Nikolova

DGCX signs MoU with Industrial and Commercial Bank of China

The Dubai Gold & Commodities Exchange (DGCX) today announced that it has inked a Memorandum of Understanding (MOU) with Industrial and Commercial Bank of China Limited (ICBC). The agreement paves way for both institutions to co-operate in the areas of product development and on the potential provision of banking services that are vital for supporting…

Read more
April 13, 2016 BY Maria Nikolova

Exness experiences DDoS attacks leading to service disruptions

Retail Forex broker Exness has earlier today issued a statement regarding ongoing DDoS attacks causing service disruptions affecting the broker's website and trading terminals. The first of the attacks affected the clients' Personal Area, whereas another was detected last night and targeted Exness' trading servers. Although the issue has been resolved, some clients may experience slow…

Read more
April 13, 2016 BY Maria Nikolova

FxPro adds auto time zone adjustment to Economic Calendar app for iOS

Retail Forex broker FxPro has just released a new and updated version of its Economic Calendar application for iOS devices. The new version (2.1.21) of the solution, which aims to keep traders informed about the latest economic events and reports, includes calendar auto time zone adjustment. There are also a number of bug fixes. FxPro's Economic…

Read more
April 13, 2016 BY Maria Nikolova

Tracey McDermott to part ways with FCA in July 2016

Tracey McDermott, Acting Chief Executive of the Financial Conduct Authority (FCA), has today announced that she will leave the UK regulator on July 1, 2016. The announcement comes after in January this year, Ms McDermott announced her decision to abandon the race for the permanent Chief Executive position at the FCA but would continue as Acting…

Read more