January 20, 2016 BY Maria Nikolova

Alpari launches Position Auto-Corrector for PAMM account managers

Retail Forex broker Alpari Limited on Tuesday announced further enhancements to its PAMM account service. The latest enhancement is a Position Auto-Corrector, a functionality that will be particularly useful for PAMM Account Managers. The new feature will enable managers to set up automatic correction of the volume of open positions and pending orders on accounts…

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January 20, 2016 BY Maria Nikolova

UK FSCS says there is prospect of unforeseen investment firm failures

The events from January 15, 2015 keep plaguing the investment landscape, including actions and forecasts of regulatory bodies. The latest example in this respect is provided by the Financial Services Compensation Scheme (FSCS), the UK’s statutory compensation scheme for customers of authorised financial services firms. The failure of several investment firms last year, following “Black…

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January 19, 2016 BY Maria Nikolova

IG Group posts record revenues of £214.8M in H1 FY 2016

Leading UK online spreadbetting and financial trading firm IG Group Holdings plc (LON:IGG) has just posted its financial and operating metrics for the second quarter and the first half of its fiscal year 2016. In tune with a previous forecast, the company saw its revenues grow in the quarter to November 30, 2015, as they reached…

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January 18, 2016 BY Maria Nikolova

AxiTrader adds China A50 index to offering

Leading Australian retail Forex and CFD broker AxiTrader continues to build its offering. Shortly after the addition of the Nikkei 225 index to its lineup of tradable instruments, the broker is now presenting its clients with the opportunity to trade the FTSE China A50 index. The FTSE China A50 Index is considered as the benchmark for investors…

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January 18, 2016 BY Maria Nikolova

Japanese OTC Forex volumes rise 18% MoM in December 2015

The Financial Futures Association of Japan (FFAJ) has earlier today posted the monthly operating metrics of its members that offer Forex and binary options trading over the counter for December 2015. The Forex and binary options segments both showed significant increases in trading volumes last month, with Forex volumes staging a rise of 18% from…

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January 15, 2016 BY Maria Nikolova

GMO Click registers 24% MoM jump in revenues in December 2015

GMO Click Holdings Inc (TYO:7177), the parent company of Japanese online trading giant GMO Click Securities, today posted its preliminary financial metrics for December 2015. After a subdued November, the company managed to see a recovery in its operating revenues, which reached JPY 2.53 billion ($21.6 million) in December 2015. The result, which is the…

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January 15, 2016 BY Maria Nikolova

Ireland's CCPC approves proposed merger of Betfair, Paddy Power

Less than a month after the proposed merger of Paddy Power plc and Betfair Group Ltd (LON:BET) got the nod of consent of the UK Competition and Markets Authority (CMA), the deal secures the approval of Ireland's Competition and Consumer Protection Commission (CCPC). The Irish watchdog today announced that it has cleared the proposed merger.…

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January 15, 2016 BY Maria Nikolova

FxPro changes margin requirements for ZAR pairs

Retail Forex broker FxPro today announces pending changes to the margin requirements for positions with currency pairs with the South African Rand (ZAR). The company said it will be increasing the margin requirements for all ZAR pairs to 1%. The new requirement will be effective January 18, 2016 (Monday) at 00:00 (server time). FxPro explains that…

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January 15, 2016 BY Maria Nikolova

Payments processing platform Novatti gets admitted to ASX

Novatti Group Limited, a payments processing platform that aims to facilitate mobile and alternative payments, today announces its Admission to the official list of ASX Limited (ASX). The official quotation of the company's securities is set to start at 12pm (AEDT) on Monday, January 18, 2016. The quoted securities comprise 63,781,780 fully paid ordinary shares.…

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