January 28, 2016 BY Maria Nikolova

RoboForex sponsors Limassol Police Department football team

Online trading services provider RoboForex Financial Group has announced its sponsorship of the Limassol Police Department football team, in a move underlining the attractiveness of various sports areas for FX marketing. This particular football team was set up in 2011 to allow current and former policemen to participate in various charity initiatives and to fight…

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January 28, 2016 BY Maria Nikolova

FxPro to introduce dynamic leverage for Spot Indices on MT4 and MT5

Retail Forex broker FxPro has announced a set of changes to trading conditions regarding Spot Indices and Energies. As of Friday, January 29, 2016, the broker will be introducing dynamic leverage across MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on Spot Indices. It will also be adjusting the current tiers on Spot Energies and Energy Futures.…

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January 28, 2016 BY Maria Nikolova

Saxo Bank changes name of Japanese business

Multi-asset investment and trading services provider Saxo Bank is about to change the name of its Japanese business. As of Monday, February 1, 2016, the name of the Japanese company will change from Saxo Bank FX Securities K.K. to Saxo Bank Securities K.K. The old name will be in use until the end of April this…

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January 27, 2016 BY Maria Nikolova

UK Court acquits five individuals of LIBOR manipulation charges

The UK Serious Fraud Office (SFO) today provided an update regarding its criminal investigation into the manipulation of LIBOR. A jury at Southwark Crown Court today found five individuals not guilty of conspiracy to defraud via the alleged manipulation of LIBOR. Colin John Goodman, Danny Martin Wilkinson, Terry John Farr, James Andrew Gilmour and Noel…

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January 27, 2016 BY Maria Nikolova

Survey: 5% of France's residents are investment fraud victims

France's financial markets regulator AMF has just published the results of a survey conducted by the CSA institute, with the findings showing increased interest into Forex and binary options, as well as a decent percentage of investors becoming targets and victims of fraudulent investment schemes. The pool of respondents includes 1,003 French residents, of at…

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January 27, 2016 BY Maria Nikolova

Nobel Laureate Lars Hansen, ex-Fed Board of Governors member Randall Kroszner join CME's CMAC

International derivatives marketplace CME Group Inc (NASDAQ:CME) today welcomed two new members to its Competitive Markets Advisory Council (CMAC). The new members are Lars Hansen, David Rockefeller Distinguished Service Professor of Economics at the University of Chicago and 2013 recipient of the Nobel Prize in Economics; and Randall Kroszner, former member of the Board of…

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January 27, 2016 BY Maria Nikolova

FxPro implements new execution technology to enhance SuperTrader

Since the launch of its automated investment platform SuperTrader in October 2013, retail Forex broker FxPro has been constantly enhancing the solution. Today, the broker announced updates to the platform. FxPro said it has implemented new execution technologies that enable the opening and closing prices traders receive in their SuperTrader portfolio to completely mirror those of…

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January 27, 2016 BY Maria Nikolova

Scivantage appoints David Root as VP of Business Development

Scivantage, a Global FinTech 100 technology provider of wealth management and cost basis solutions, today announced one more addition to its senior ranks. The company has hired David Root, formerly of Envestnet, Inc., as Vice President of Business Development. Mr. Root's key function in his new role will be to continue Scivantage’s recent success in…

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