Leading regulated retail forex broker FXTM today announced to its traders that, effective Wednesday, August 10, 2016, the broker will have new margin requirements for spot metals on all servers except Pro. The new requirements will be applied in case of any activity on the trading account (Opened, Closed or Modified Positions). Please compare the two…
Read moreSwedish financial group SEB has joined a $4 million Series A funding round for Danish blockchain payment service provider Coinify. The bank's venture capital arm was joined in the round by Seed Capital Denmark, boosting Coinify, which claims to be the largest facilitator of blockchain payments in Europe, supporting more than 20 PSPs and reaching over 100,000…
Read moreThe Dubai Gold and Commodities Exchange (DGCX) reported volume metrics today for July with the exchange reported it has crossed over 11 million contracts this year already, growing 49% from last year. The overall volumes in July 2016 touched 1,674,268 contracts, registering a massive year-on-year (YoY) increase of 47%, driven largely by elevated trade volumes…
Read moreGMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for July 2016, with volumes clocking back to back monthly gains in its FX Neo OTC margin trading platform. With the yen continuing to build strength, trading volumes have bounced back now in consecutive months to hold back above ¥1…
Read moreDigital Asset, a developer of distributed ledger technology for the financial services industry, today announced that it has made several key senior hires across its global offices. The company has appointed Carol Mathis as its Chief Financial Officer. Mathis joins from RBS Corporate and Institutional Bank where she was Chief Operating Officer and previously CFO.…
Read moreTullett Prebon announces that it is establishing a new technology centre in Belfast, Northern Ireland which will serve as a global hub for the Group’s IT operations. Investment in technology is a key pillar of Tullett Prebon’s strategy. The new Belfast centre will provide development and technical support for the Group’s global business. It will…
Read moreXTX Markets today announces that Ted Yang has joined the firm’s Business Development team in Asia. Yang will be based in Singapore and joins from Tower Research where he worked as the Head of Technical Implementation Management in APAC. Previous to this, he was Head of the Electronic Trading Client Services team at Samsung Futures…
Read moreWill the Reserve Bank of Australia (RBA) cut interest rates to a fresh record low of just 1.50%? At the central bank's monetary policy decision tomorrow for August, the odds are in favor 2/3 for the central bank to do just that. In an era of low interest rates, this is still one of the highest…
Read moreToday Spotware Systems announce the introduction of FIX API credentials with every cTrader account by default, marking a major milestone for the industry as cTrader becomes the first retail platform to offer such functionality. With today's update users can see a new menu item called FIX API in their cTrader, cAlgo and soon to be…
Read moreFSA Seychelles regulated Forex broker Tickmill today announced that for August the firm is celebrating its second birthday by doling out handsome incentives to long term clients. The firm stated its been delighted to have been able to provide their clients with supreme trading conditions for these past 2 years. As a token of gratitude,…
Read more