GMO Click Holdings Inc (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, today published its preliminary financial metrics for January 2016. The company has managed to see a rise in revenues, continuing a trend that was already exhibited in December 2015, when GMO Click's operating revenues marked a month-on-month rise of 24%.…
Read moreRetail Forex broker DMM FX Australia Pty Limited (DMM FX) today unveiled a set of pending changes to its trading conditions, including new spread levels for 27 currency pairs, such as the popular EUR/USD and GBP/USD. The new spreads will be effective 9:00 am (AEDT) Monday, February 22, 2016. You can find details about the…
Read moreMajor online trading services provider CMC Markets Plc (LON:CMCX), which was recently admitted to trading on the London Stock Exchange, has made a number of reports concerning its shareholders. As per regulatory filings submitted on February 10, 2016, CMC's founder and Chief Executive Officer Peter Cruddas reports a 55% direct shareholding in the company and that…
Read moreSaxo Bank Securities K.K., the Japanese business of multi-asset trading and investment services provider Saxo Bank, is about to change the margin requirements for a set of stock CFDs. Effective February 13, 2016 (0:30), the company is changing the minimum margin required for positions with the following stock CFDs: Deutsche Bank, DB:xnys, DBK:xetr; First Solar…
Read moreInternational payment services provider Paysafe Group Plc (LON:PAYS) today announced that it is chosen by Payfriendz to enable the launch of its P2P social payments app and virtual MasterCard solution. As a result of the partnership, Paysafe provides Payfriendz with a set of payment processing and card services. A Principal Member of MasterCard and authorised…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), saw the traditional decline in monthly trading volumes in January, primarily due to the winter holidays season in Russia. The overall picture was reflected in the detailed Forex volumes metrics for January 2016, which MOEX published today. The data pointed to decreases in monthly trading volumes across…
Read moreSouth Africa's Financial Services Board (FSB) has just published its Annual Report for the fiscal year to March 31, 2015, providing some key numbers regarding the oversight of financial service providers (FSPs), a group which includes investment intermediaries such as Forex brokers. The regulator reported that its Financial Advisory and Intermediate Services (FAIS) division authorized…
Read moreFCA-regulated retail Forex broker FXOpen UK has announced commission reduction and a new fee structure for ECN accounts. The commissions are now as low as 1.5 units of base currency per side per lot. The change to trading conditions came into force on February 8, 2016, the broker said. All accounts of existing FXOpen UK…
Read moreTrading software developer MetaQuotes Software and the Dubai Gold and Commodities Exchange (DGCX) have taken their partnership to a new level, as the new single stock futures that DGCX launched in January 2016 are now available to trade via MetaTrader 5 (MT5). The Exchange currently offers 15 single stock futures of five US and ten Indian…
Read moreThe Securities and Futures Commission (SFC) has earlier today updated its Alert List, with the latest additions including a fake Hong Kong regulator. The SFC warns that the Hong Kong Foreign Investments Trade Authority (HKFITA) is falsely claiming to be a regulatory body for the securities and futures markets in Hong Kong. HKFITA is providing…
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