Institutional electronic FX platform FastMatch had a calm March, with trading activity obviously affected by seasonal factors like Easter holidays. Average daily volumes amounted to $10.11 billion in March 2016, down 9% from the result of $11.1 billion registered in February 2016. In annual terms, the comparison was much better, as the reading for March…
Read moreSeveral French institutions, including the financial markets regulator AMF, the General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF), the Authority for prudential control and resolution (ACPR) and the Paris prosecutor's office, have jointly addressed the public regarding the growing number of cases of Forex and binary options fraud. The regulators refer to…
Read moreKCG Holdings, Inc. (NYSE:KCG) is expanding its client execution algorithm “Catch”, with the European release of the solution announced today. "Catch," which has already been rolled out in the United States, is designed to leverage smart logic, adaptability and advanced analytics to capture liquidity and achieve incremental micro alpha. Thanks to Catch's highly flexible participation…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has imposed a €12,000 administrative fine on retail Forex broker Mayzus over non-compliance with anti-money laundering rules. The Board of the Commission made the decision for the fine on February 29, 2016. The company is alleged to have violated the Prevention and Suppression of Money Laundering and Terrorist…
Read moreFinancial visualization platform TradingView has just added another Bitcoin exchange to the lineup of providers of data for its users. The latest addition is Poloniex, a US-based cryptocurrency exchange which seeks to offer maximum security and advanced trading features. Thanks to the partnership, TradingView users get access to more than 100 new symbols. Poloniex joins…
Read moreAbout a week after Singapore Exchange Limited (SGX:S68) announced the addition of Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members, the Exchange is welcoming Hong Kong-based broker, Quam Securities Company Limited, to its securities market as a trading member. The addition of Quam Securities takes the total number of Trading Members…
Read moreMetaQuotes Software, the developer of the famous MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, has taken the hedging capabilities recently introduced to MT5 to another level. The company has just released build 1261 of MetaTrader 5 application for iOS, with the new version of the app featuring hedging. This means that traders can open opposite…
Read moreMulti-asset trading and investment services provider Saxo Bank, staying committed to its sponsorship of Formula One racing driver Romain Grosjean, has launched a contest for Trading Strategies. Traders can tweet their strategies, getting a chance to win a EUR 700 travel gift card. The contest is open to individuals, who are 18 years of age…
Read moreSWIFT has earlier today published the latest edition of its RMB Tracker, the monthly report that monitors the international adoption of the Chinese currency. The yuan accounted for 1.76% of international payments by value in February 2016, down from a share of 2.45% in January 2016. Despite the fall, the Chinese currency remains at #5…
Read moreOrganizers of financial pyramids in Russia risk spending up to six years in prison and paying hefty fines, under amendments to the Criminal Code signed today by Russia's president Vladimir Putin. The new penalties are introduced after earlier this month Putin signed another law that introduced fines for those who support financial pyramids by presenting them…
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