September 08, 2016 BY Mike Fox

ASX extends depository services to RMB denominated securities

ASX today announces that it has launched a renminbi (RMB) securities depository service. The new service extends the portfolio of RMB services developed by ASX in cooperation with the Bank of China Limited, Sydney Branch (Bank of China) for Australia’s financial markets. ' The depository service enables issuers to issue RMB-denominated securities directly into Austraclear…

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September 08, 2016 BY Mike Fox

Beeks Financial launches Marketplace, a cloud portal that enables real time connectivity

Beeks Financial Cloud, a global leader in financial cloud infrastructure, announced today the launch of Beeks Marketplace, a cloud­ based portal that enables real time connectivity to a variety of exchanges, data feeds, trading tools and news services. Institutional traders, proprietary trading firms, brokers, wealth managers and high end retail traders can use Beeks Marketplace for site to site…

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September 07, 2016 BY Mike Fox

Social trading broker ayondo launches new website as it readies SGX IPO

Financial technology group ayondo today announced it has relaunched its website, with a fresh design and added features aimed at further improving the trading experience for its clients. Users can now quickly get to where they need to be thanks to a more modern and responsive layout, and additional tools such as a new charting…

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September 07, 2016 BY Mike Fox

US Retail Forex assets up slightly in July as industry down to 5

CFTC data from US retail forex brokers is out for July showing a slight increase overall of 0.94%. Moreover, this report should be the last report before Interactive Brokers is removed from the retail FCM list. Like promising new entrant to the U.S. FX trading market Phillips Capital, whose NFA/CFTC Retail FX license became null after…

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September 07, 2016 BY Mike Fox

CME Group recognized as central counterparty in Mexico

CME Group, the world's leading and most diverse derivatives marketplace, today announced that Chicago Mercantile Exchange Inc. obtained full recognition as a foreign central counterparty (CCP) in Mexico from the Banco de México, effective September 2, 2016. Since April 2016, the clearing house division of CME Group, CME Clearing, had operated under temporary recognition pending…

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September 07, 2016 BY Mike Fox

FXTM updates its affiliate program, new IB dashboard

Retail Forex broker FXTM announced that its FXTM Partners is proud to be launching a brand new Hybrid Affiliate Program. This partnership program is ideal for bloggers, social media gurus, webmasters and SEO specialists looking to broaden their online business and enhance their earning opportunities by tapping into the forex industry. Prospective partners will gain access to one…

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September 07, 2016 BY Mike Fox

Lime Brokerage and Vela Trading Technologies announce product integration

Lime Brokerage, a Wedbush Company, and Vela Trading Technologies, a global leader in high performance trading and market data technology, are pleased to announce the integration of Lime’s Strategy Studio, its software solution for streamlined strategy research and deployment, and Vela's market leading low latency direct feed handlers. Both companies share a commitment to high…

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September 07, 2016 BY Mike Fox

CME authorized to provide OTC services and designated as CCP by SFC Hong Kong

CME Group, the world's leading and most diverse derivatives marketplace, today announced that Chicago Mercantile Exchange Inc. has been granted authorization to provide OTC clearing and settlement services and has been designated as a central counterparty (CCP) by the Securities and Futures Commission (SFC) in Hong Kong. With this authorization, the clearing house division of CME…

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September 06, 2016 BY Mike Fox

FXPA welcomes Jump Trading as Governing Council Member of Forex trade group

The Foreign Exchange Professionals Association (FXPA) today announced the addition of Jump Trading as the newest Governing Council Member of the FX trade group. Jump Trading combines sophisticated quantitative research, best-in-class technology, and an entrepreneurial culture to create a leading global, quantitative-based trading firm. Jump has more than 500 employees across offices in Chicago, New York,…

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