February 10, 2016 BY Maria Nikolova

SGX sees 23% MoM rise in FX futures volumes in January 2016

Singapore Exchange Limited (SGX:S68) today reported its operating metrics for January 2016, with Forex volumes staging steep increases in both monthly and annual terms, in the face of a month-on-month decline in yuan futures turnover. In January 2016, the FX futures volume at SGX was 522,933 contracts, up 23% from December 2015, when the volume…

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February 10, 2016 BY Maria Nikolova

CMC Markets announces official admission to trading on LSE's main market

UK online Forex, CFD and spreadbetting broker CMC Markets plc (LON:CMCX) today announces its admission to trading on the London Stock Exchange. CMC Markets' ordinary share capital consisting of 287,923,211 ordinary shares has today been admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the…

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February 10, 2016 BY Maria Nikolova

INTL FCStone registers 6% drop in net income in Q1 FY 2016

Provider of financial products, advisory and execution services INTL Fcstone Inc (NASDAQ:INTL) has earlier today posted its financial results for the three months to December 31, 2015, a period which marks the first quarter of the company's fiscal year 2016. The company registered decreases in net income and total revenues in the period, although operating…

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February 10, 2016 BY Maria Nikolova

Japan's FSA warns against three binary options brokers

Japan's Financial Services Agency (FSA) has earlier today updated its set of warning lists featuring names of unauthorized investment services providers targeting Japanese investors. The latest additions include three binary options brokers: BizOption Management Office (Bizoption), Worldoptionner Management Office (Worldoption), LFG Investment Ltd (OptionRally). The addresses of Bizoption and Worldoption are unknown, whereas OptionRally provides…

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February 09, 2016 BY Maria Nikolova

IG Group presents its US Presidential Election Barometer

Leading online trading services provider IG Group Holdings plc (LON:IGG) today announces the launch of the IG US Presidential Election Barometer. This barometer serves to indicate the forecasts of financial traders regarding the November 2016 presidential election in the United States. The data is based on the political market IG has established for clients to trade…

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February 09, 2016 BY Maria Nikolova

FXPRIMUS extends Far East reach via payment provider YuuPay

CySEC-regulated retail Forex broker FXPRIMUS has announced an addition to its lineup of payment methods. The company has teamed up with Singapore-based payment services provider YuuPay, in a move expanding FXPRIMUS's reach in the Far East. The broker's clients in Thailand, China, Dubai and Singapore will be able to benefit from fast and secure YuuPay…

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February 09, 2016 BY Maria Nikolova

Dubai Commodities Clearing Corporation changes margin requirements for certain futures contracts

Dubai Commodities Clearing Corporation (DCCC) will implement new margin requirements for a set of 17 Forex, energy and metals contracts and 12 equities futures contracts, effective Wednesday, February 10th. The company will cut the amount of initial margin required for trading: AUD/USD, EUR/USD, INR/GBP, CHF/USD, Copper. The margin required will be raised for Gold (Spot…

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