Spectrum Markets releases trading volumes
May 17, 2021 BY Steffy Bogdanova

Spectrum Markets release customised Stop Orders

Buy and Stop Sell Orders can be submitted as a Stop Market Order or as a Stop Limit Order. Stop Market Orders will be executed at the best available price, against the available liquidity which means they may receive partial fills. And Stop Limit Orders will be executed when their limit price is reached. Eren…

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Victoria Newman appointed latest Future Director, NZX
May 17, 2021 BY Steffy Bogdanova

Victoria Newman appointed Future Director at NZX

James Miller, NZX Chair, commented: We see our participation and support for the Future Directors Programme, alongside other leading Kiwi companies, as important to growing the size and depth of the pool of directors we have available in New Zealand. Newman brings a wealth of diverse private and public-sector experience from Australia, New Zealand, and…

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Match-Prime Liquidity onboards forex broker Skilling
May 17, 2021 BY Steffy Bogdanova

Match-Prime Liquidity onboards forex broker Skilling

Match-Prime ECN Liquidity solution offers liquidity on a Prime of Prime model. The solution is based on matching engine technology to provide fast execution service available among more than 1000 instruments and equities with up to 10 levels of market depth. Stavros Economides, COO at Match-Prime Liquidity, added: Skilling is a fast-growing, well-known fintech company…

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Acquisition
May 17, 2021 BY Steffy Bogdanova

Stripe acquires Bouncer to boost fraud prevention

When a transaction is flagged, Bouncer does not block the purchase entirely, a business can use it to verify the card. Bouncer achieves this by requesting live photos of the card which can be taken with a smartphone. The scanning technology supports all card types, cards designs and can even be done in low light.…

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FCA regulation
May 14, 2021 BY Steffy Bogdanova

FCA sets out a plan for new “Consumer Duty”

Sheldon Mills, Executive Director of Consumers and Competition at the FCA, commented: The package of measures we are proposing will enhance our existing rules and is designed to tackle the harms we see in financial services markets, and their causes, as well as put consumers in a stronger position to make good decisions. We want…

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May 14, 2021 BY Steffy Bogdanova

Marex expected to release registration document for IPO today

The company has identified significant consolidation opportunities within the relatively disjointed territory in which it operates. Within the market, many small players lack the necessary scale and are also beginning to struggle with the increasing burden of regulations and technology. Marex has also managed to demonstrate profitable growth despite the presence of recent market volatility,…

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Forex Weekly Look Back
May 14, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Capital.com clients rise 233% in Q1 2021, CMC Markets laucnhes signiture share basket

Eventus Systems, Inc has just announced that it has signed Australian stock brokerage firm Morrison Securities as a client. Eventus will deploy its Validus platform for trade surveillance in equities, equity options and warrants for the Sydney-based company. Eventus Systems has steadily grown its presence around the world including in the APAC region. Morrison Securities…

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Bulgarian authorities raid binary options fraud group
May 14, 2021 BY Steffy Bogdanova

Bulgarian authorities raid binary options fraud group

The raids are said to have resulted in the confiscation of around 43 memory devices, 68 computer systems and 19 mobile phones, and a number of valuable items and finance-related documents. It was reported that authorities were able to detain five people thought to be connected to the group, two of which were foreign nationals.…

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