May 24, 2016 BY Mike Fox

HotForex launches new loyalty program for traders

Brokerage company HotForex today announced they will be rewarding clients with the introduction of a tiered loyalty program that gives traders the chance to claim cash and trading service rewards such as Trading Central, advanced VPS, and one-to-one sessions with a HotForex Market Analyst. With the HotForex Trading Rewards Loyalty Program, traders earn HotForex Bars (points) for…

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May 24, 2016 BY Mike Fox

HKEX and Thomson Reuters sign agreement for new Renminbi indices

Hong Kong Exchanges and Clearing (HKEX) and Thomson Reuters today signed an agreement for the creation of a new series of Renminbi (RMB) indices. HKEX has taken the lead amongst exchanges in RMB offerings, just yesterday the exchange announced new RMB futures contracts to commence at the end of May. The new index series will…

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May 24, 2016 BY Mike Fox

CME Europe announces the introduction of new FX liquidity incentive programs

CME Europe, a wholly owned subsidiary of CME Group Inc (NASDAQ: CME) has been busy enhancing their offering of FX futures contracts since its launch back in April of 2014. Looking to mimic the success of CME across the Atlantic, the exchange initially launched with 30 FX futures products and a suite of commodities contracts. The London-based derivatives exchange,…

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May 23, 2016 BY Mike Fox

Alpari drops minimum deposit amount for MetaTrader 5 accounts

Forex brokerage house Alpari informed clients today regarding the launch of an offer in which the minimum deposit for ecn.mt5 accounts is being reduced to zero. For three months from May 23rd, 2016 clients will be able to try out live trading on the recently enhanced MT5 platform, which now includes hedging with minimal financial outlay. Before this offer, the minimum deposit…

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May 23, 2016 BY Mike Fox

NFA CEO Daniel Roth to retire; Board begins search for successor

The U.S. financial regulator National Futures Association (NFA) announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA's Board of Directors has authorized the formation of a committee to conduct an internal and external search for his successor. NFA is the industry wide, self-regulatory organization for…

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May 23, 2016 BY Mike Fox

HKEX to launch additional RMB FX futures by end of May

Hong Kong Exchanges and Clearing Limited (HKEX) has received regulatory approval to introduce its planned cash-settled Euro-Renminbi (RMB), Japanese yen-RMB, Australian dollar-RMB and RMB-US dollar futures on Monday, 30 May 2016. HKEX is following up on their plans to further enhance its RMB offering outlined in their 2015 review; coming on the back of achieving yearly record…

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May 23, 2016 BY Mike Fox

EBS BrokerTec completes rebrand of EBS Treasury

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announced today that it has completed a rebrand of the product formerly known as MyTreasury and launched EBS Treasury as a cash and FX liquidity management centre for treasurers. As announced in July 2015, EBS Treasury has now gone live with a new…

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May 23, 2016 BY Mike Fox

Belize brokerage Axiory deploys Spotware's cTrader platform

We learned over the weekend that Axiory Global Ltd, an FX brokerage authorised and regulated by the IFSC (International Financial Services Commission) of Belize has brought aboard Spotware Systems cTrader platform. This platform announcement comes on the heels of the brokerage adding MT4 WebTrader from Fortex back in February. Axiory gears their brokerage towards professional traders looking for reliable technology…

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May 21, 2016 BY Mike Fox

FXPA responds to CFTC, supports buy-side view of Forex derivatives

The Foreign Exchange Professionals Association (FXPA) submitted written comments yesterday in response to the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) meeting held to look at how well the derivatives markets are functioning. The MRAC meeting focused on the impact and implications of the evolving structure of derivatives markets on the movement of…

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May 21, 2016 BY Mike Fox

TradingView to enable live trading through FXCM via Tradable

Charting software and trading community TradingView announced yesterday the Chicago HQ'd company will start to enable trading of Forex and CFDs through FXCM, the largest U.S. retail and globally regulated Forex broker. Here’s their profile page on TradingView. TradingView announced that eventually it will support trading of more asset classes through a variety of different brokers. Further to this announcement,…

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