February 17, 2016 BY Maria Nikolova

RoboForex opens representative office in China's Dalian

Retail Forex broker RoboForex, via its brand RoboTrade Ltd, has opened a representative office in China's Dalian. The company notes in its announcement that its presence in the region is very important for its business as it strengthens the company-client ties. The representative office in China provides the broker with an opportunity to create a…

Read more
February 17, 2016 BY Maria Nikolova

Hong Kong's Wing Fung Futures becomes SGX derivatives trading member

Singapore Exchange Limited (SGX:S68) today announced that Hong Kong-based futures and options broker Wing Fung Futures Limited has become its latest derivatives market trading member. The admission of Wing Fung Futures Limited takes the total number of trading members in SGX’s derivatives market to 49. The derivatives market also has 24 clearing members. Also, SGX…

Read more
February 17, 2016 BY Maria Nikolova

Hong Kong regulator identifies seven new clones of BlackRock

Less than a month after Hong Kong's Securities and Futures Commission (SFC) warned against a number of clones targeting BlackRock, Inc. (NYSE:BLK), the regulator has issued warnings against seven other websites that abuse the details of the investment giant. According to the updated Alert List, which features the names of companies that are not licensed to…

Read more
February 16, 2016 BY Maria Nikolova

FxPro teams up with Solace Systems to bolster messaging infrastructure

Retail Forex broker FxPro has partnered with technology provider Solace Systems, in order to beef up the capacity, performance and robustness of the messaging infrastructure that powers its advanced trading platforms and customer-facing interfaces. The broker is deploying a combination of Solace Message Router Appliances and Solace Virtual Message Routers to power a set of…

Read more
February 16, 2016 BY Maria Nikolova

Z.com Trade suspends trading in certain CFDs due to system issues

UK Forex and CFD broker Z.com Trade, a subsidiary of GMO Click Holdings Inc (TYO:7177), has announced temporary suspension of trading in a number of CFDs due to system issues. The problems, which are currently being investigated, have affected the CFDs on US 30, CHN A50, and IND NIF. Trading in these instruments is suspended until…

Read more
February 16, 2016 BY Maria Nikolova

UK broker Sigma Trading to offer PFSOFT’s Protrader platform to its clients

Trading software developer PFSOFT today announces its partnership with UK online trading services provider Sigma Trading, whereby the broker will use PFSOFT’s Protrader platform for its professional traders. Sigma Trading is a division of Sigma Broking Limited, an FCA-regulated broker. The Protrader platform offers Sigma’s clients an advanced front-end terminal incorporating a variety of trading…

Read more
February 16, 2016 BY Maria Nikolova

Moscow Exchange expands OTC derivatives clearing scope to include FX swaps, forwards

Moscow Exchange, also known as Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), announced today that starting from February 15, 2016, the Moscow Exchange Standardised OTC Derivatives Market offers new types of centrally cleared OTC transactions, FX swaps and FX forwards. These are in addition to already available central counterparty (CCP) cleared OTC interest swaps and CCP-cleared on-exchange…

Read more
February 16, 2016 BY Maria Nikolova

Hong Kong's SFC warns of clone of Blackstone Group

Hong Kong's Securities and Futures Commission (SFC) has been rather active recently in issuing warnings against clone firms of international financial services giants, such as Goldman Sachs Group Inc (NYSE:GS) and BlackRock, Inc. (NYSE:BLK). The rising number of such warnings indicates the growing pace of activity of companies that misuse data of licensed entities in order…

Read more
February 16, 2016 BY Maria Nikolova

JPX, IBM Japan to start testing blockchain technology

Japan Exchange Group, Inc. (JPX) today announces a collaboration with IBM Japan on blockchain technology tests. The two companies have agreed to jointly start running proof of concept (PoC) tests for blockchain, or distributed ledger, technology. JPX notes the increased attention that blockchain technology has gained worldwide as one of the most promising Fintech aspects…

Read more