July 15, 2016 BY Mike Fox

LA startup announces new Bitcoin point-of-sale terminal

A new Bitcoin point-of-sale (POS) terminal by 34 Bytes has now entered the beta testing phase per an announcement today from the Los Angeles-based startup. 34 Bytes is looking at pioneering in cryptocurrency payment solutions for physical stores. 34 Bytes is deeply involved in the promotion of the emerging crypto-economy by creating solutions aimed at…

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July 14, 2016 BY Mike Fox

CFTC orders Michigan Introducing Broker fraudster to pay over $7 million

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Respondents Atlantas Group, Inc. (Atlantas) and Edmund Hysni for committing solicitation fraud in connection with options on futures contracts trading on the Chicago Board of Trade and the Commodity Exchange, Inc., and against Hysni for willfully making material…

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July 14, 2016 BY Mike Fox

CLS sees June daily input value at USD 5.19 trillion up 12.6% MoM

CLS, the operator of the largest multicurrency cash settlement system for FX transactions today reported June volumes and metrics; seeing a nice gain MoM and YoY in input value, probably the best gauge of the overall performance and size of the FX market, see the numbers below: In June 2016: The average daily input volume submitted to CLS,…

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July 14, 2016 BY Mike Fox

Pragma launches TradeBase to enhance order routing transparency

Pragma Securities, a leading independent provider of multi-asset class, high performance algorithmic trading tools, has launched TradeBase, a relational database that provides clients real-time access to their parent and child FIX order messages for greater transparency to facilitate client risk management, compliance, and monitoring of their algorithmic orders. TradeBase is populated in real-time, and enables…

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July 13, 2016 BY Mike Fox

Dukascopy announces white-label partnership with leading Belarusian bank

Swiss Forex brokerage house Dukasсopу Bank is pleased to announce the launch of a new white-label partnership with one of the leading banks in the Republic of Belarus – СJSC MTBank. Since 2015 the forex trading activity in Belarus has received an official legal basis and is now regulated by the National Bank of the Republic…

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July 13, 2016 BY Mike Fox

CME to list new European-Style FX Option Contracts in place of American-Style

CME Group (NASDAQ: CME) announced today that effective Sunday, August 7, 2016 for trade date Monday, August 8, 2016, and pending all relevant CFTC regulatory review periods, CME will list six new European-style Weekly, Monthly, and Quarterly Option. The European-Style Option Contracts will exercise into the nearest quarterly futures contract on the last trading day…

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July 13, 2016 BY Mike Fox

Saxo Bank's Essential Trades Q3: "Brexit's shadow"

We provide global broker Saxo Bank's Essential Q3 trades with an intro from Kim Fournais, the co-founder and CEO of Saxo Bank. He held various positions in the financial services sector, before establishing Saxo Bank with Lars Seier Christensen in 1992 under the name Midas. Fournais headed Midas alone until 1995, when Seier Christensen joined as…

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July 13, 2016 BY Mike Fox

Invast chooses identity specialist GBG for client on-boarding

GBG, the global specialist in identity data intelligence today announced it is providing identity verification technology to Australia based multi-asset brokerage and prime services provider, Invast Global. The partnership brings an enhanced level of identity intelligence to Invast’s on-boarding process, supporting its comprehensive anti-money laundering (AML) program and driving expansion into major growing international markets…

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July 13, 2016 BY Mike Fox

Blockchain company SolidX files with SEC for new Bitcoin ETF

SolidX Partners Inc., a New York based blockchain technology company, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed launch of the SolidX Bitcoin Trust. The ETF will seek to provide shareholders with exposure to the daily change in the U.S. dollar…

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July 12, 2016 BY Mike Fox

FxGrow partners with SignalTrader

CySEC regulated broker FxGrow announced today their new partnership with SignalTrader, the premier choice for forex trading signals and automated trading systems. If you are a trader, like many others, that struggles to find time to trade the markets, then SignalTrader is the solution you’ve been hoping for. Using clear and concise statistics and performance…

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