May 20, 2016 BY Mike Fox

DMM FX ceases brokerage operation in Australia

DMM FX Australia Pty Ltd (DMM FX) today informed clients that the company has made a business decision to cease its current operations in Australia. DMM FX is part of The DMM Group, a global provider of online trading services, known as one of largest FX providers based and regulated out of Japan. Clients are requested to close all…

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May 20, 2016 BY Mike Fox

Hong Kong SFC signs MoU with FINRA dealing with cross-border entities

The Securities and Futures Commission (SFC) of Hong Kong today has announced the regulator has entered into a memorandum of understanding (MoU) with the Financial Industry Regulatory Authority of the United States (FINRA) concerning mutual assistance in the supervision and oversight of regulated entities that operate on a cross-border basis in Hong Kong and in the…

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May 20, 2016 BY Mike Fox

New Zealand FMA orders Forex trading educator to change its "deceptive" marketing materials

The Financial Markets Authority (FMA) of New Zealand today has ordered a foreign exchange educator to change its marketing materials on the basis that they were misleading or deceptive, and it had made unsubstantiated statements about its services. Cambrian Corporation Limited (Cambrian) offers training and advice services relating to intra-day foreign exchange trading.  In the…

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May 19, 2016 BY Mike Fox

Russia's Sberbank deploys new electronic trading platform

Russian bank Sberbank today launched a new electronic trading offering within its investment banking division. The platform is called Sberbank Markets and supports multiple asset classes and streamlines trading, trade confirmation and settlement. Sberbank claims this will lead to lower processing costs. Sberbank Markets provides the bank's clients with access to Sberbank's FX liquidity, offers…

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May 18, 2016 BY Mike Fox

Bitcoin Exchange CEX.IO provides significant updates to mobile platform

UK and USA registered Bitcoin Exchange CEX.IO today announced recent updates made to official CEX.IO mobile application that allows you to trade Bitcoins on the go, wherever you are. The app is available on both iOS and Android devices. From now on, the list of exchanges is delivering real-time Bitcoin data from CEX.IO, Bitfinex, OKCoin, Bitstamp, Coinbase, LakeBTC. Google and…

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May 18, 2016 BY Mike Fox

FxPro introduces MT4 account with market execution and lower spreads

With market execution you receive the prevailing market price at the moment your order is executed. FCA-UK and CySEC leading global online brokerage FxPro following the recent expansion of its product range to MT4 Web, is now expanding its range of trading accounts by introducing MT4 with market execution. This account type and its demo version are…

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May 17, 2016 BY Mike Fox

Hong Kong based Global eSolutions launches a new multi-asset trading, algo-ready platform

Hong Kong based Global eSolutions (HK) Limited (GES), a leading financial trading platform vendor announced today a new multi-asset trading and algo-ready platform – TX-AUTON. By offering lightning fast access to real-time data and up-to-the minute view of the markets, TX-AUTON helps investors and traders to efficiently identify trends and determine buy/sell decision intelligently. TX-AUTON provides…

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May 17, 2016 BY Mike Fox

Luc Fortin to join Montréal Exchange as Managing Director, Derivatives Trading

Montréal Exchange (MX), a derivatives bourse located in Montreal, that trades futures contracts and options on equities, indices, currencies, ETFs, energy and interest rates today announced the appointment of Luc Fortin as Managing Director, Derivatives Trading, effective June 27, 2016. Mr. Fortin will be responsible for developing and deploying strategies to grow the derivatives business. He…

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May 17, 2016 BY Mike Fox

FX Junction launches Flexible Fee Models

Slovakian FinTech holding company PineByte today announced its first major release on FX Junction since they acquired the website as first reported exclusively by LeapRate back in February. Founded in 2011, the world’s largest open social network for Forex traders, FX Junction now offers complete flexibility and transparency for its members by launching 4 fee models that…

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