The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by the CFTC’s Whistleblower Program to date and the third award to a whistleblower who provided valuable…
Read moreThe Japan Times reported today that the Nagoya District Public Prosecutor’s Office is set to seek a court order to freeze the assets of two individuals accused in a multibillion-yen forex investment fraud case, informed sources told the paper Monday. Nagoya is the center city of Japan's third-largest metropolitan region. The pair, including a man named Masaaki Ito, 48,…
Read moreToday we learned that first quarter volumes on the Dubai Gold & Commodities Exchange (DGCX) grew 37% from the same period last year, trading more than 4.5 million contracts – the highest quarterly volumes in the history of the Exchange. DGCX also broke several records during Q1-2016. Average Daily Volumes (ADV) in the first quarter…
Read moreThomson Reuters today announced it has acquired WM/Reuters FX benchmark rate calculation business of The World Markets Company (WM) from State Street Corporation. The acquisition will be effective immediately. The acquisition of the WM/Reuters FX benchmark means Thomson Reuters will own, administer and calculate this important benchmark, which is used by financial professionals across the…
Read moreJoshua Raymond, Chief Marketing Officer at FCA regulated Forex brokerage XTB Ltd today was delighted to share the firm's new TV advert with brand ambassador Mads Mikkelsen, star of Hannibal and Casino Royale as well as forthcoming films Dr Strange and Star Wars Rogue One. The campaign is titled "I trade. I love it." In the new spot, Mads…
Read moreLeapRate Exclusive... Spain headquartered FXStreet, one of the most popular sites for active Forex traders and market participants is getting a makeover. The classic design which has been in existence for the better half of a decade (8 years now to be exact) will get a modernization as soon as next week, when the new…
Read moreThe European Securities and Markets Authority (ESMA) today has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and…
Read moreThis integration exemplifies the endless possibilities of Uphold’s open API, Uphold Connect. Through Uphold’s disruptive technology, Tradeview customers can now instantly deposit and convert funds for free via Uphold. It was announced over the holidays that Cayman Island regulated Forex and CFD brokerage Tradeview Markets will offer real-time account funding to customers via Uphold, a San…
Read moreMetaQuotes Software Corp, the B2B software development company behind the popular MetaTrader Forex trading software has today announced that the MetaTrader 5 beta build 1281 featuring the hedging system has been released. Unlike the usual netting system, the hedging one allows conducting multiple trades even on opposite direction of the same symbol. Now, you can use…
Read moreNational Futures Association (NFA) today announced it has permanently barred Chicago, Ill., sole proprietor commodity trading advisor (CTA) Tina Mozhayski, DBA RF INTL, from membership and from acting as a principal of an NFA Member. The Decision, issued by an NFA Hearing Panel, is based on a Complaint authorized by NFA's Business Conduct Committee on March 18, 2015. The…
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