IG Group
December 15, 2020 BY Steffy Bogdanova

IG Group Q2 revenue jumps 71% YoY

In Q2, the brokerage registered 207,000 total active clients in the period. In Q1, the total active clients were 201,500 total active clients with almost 3% increase since then. On yearly basis, the number jumped 54.7% compared to 133,800 clients in Q2 FY20, benefitting from a continuation of strong client acquisition. The second quarter of…

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CFTC penalty
December 15, 2020 BY Steffy Bogdanova

TFS-ICAP to pay $7 million fine for misleading clients

The CFTC also found that TFS-ICAP, its former CEO Ian Dibb and its former Emerging Markets desks head Jeremy Woolfenden failed to supervise the broker conduct. The enforcement action resolves that the defendants Dibb and Woolfenden are each to pay a fine of $500,000 for their individual supervisory failures. They have both agreed to not…

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December 14, 2020 BY Steffy Bogdanova

Weekly forex data: Fed’s meeting in view

Despite the ongoing formation of a classic head and shoulders pattern which might complete over the next few periods, bulls focussing on the chart will have cheered last week’s golden cross over the 50 and 100 SMAs. A combination of both fundamentals, i.e. mainly sentiment, and TA is likely to be important over the next…

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technology partnership
December 14, 2020 BY Steffy Bogdanova

AlgoTrader Series A round raises CHF 5.2 million following Finab EOS VC Fund investment

Juan Rodriguez, Managing Director of FinLab EOS VC Fund said: Digital assets have increasingly gained prominence among investors. Therefore, institutional traders and banks now have the challenge of providing their clients with professional and secure access to this emerging asset class. Rodriguez added: AlgoTrader closes this gap with their trading and execution platform and we…

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CLS Group trading volumes
December 14, 2020 BY Steffy Bogdanova

CLS reports 4% MoM rise in November average daily traded volume

CLS’s Head of Information Services, Masami Johnstone, commented: Daily traded volumes in November were USD1.79 trillion, up 4.7% compared to October 2020. Both FX spot and FX swap volumes increased compared to the previous month by 15.7% and 3.1%, respectively, while FX forward volumes decreased by 15.5%. Compared to November 2019, FX spot and swap…

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fine
December 14, 2020 BY Steffy Bogdanova

CBOT fines StoneX $20K for trade transfer violations

CBOT stated: The transfers were not made to reconcile an error, omission, or outtrade. CBOT also noted that StoneX has self-reported the transfers, however it had neither admitted nor denied the allegations. LeapRate recently reported that StoneX, formerly known as INTL FCStone, registered excellent financials for the fourth quarter of the fiscal year 2020. The…

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Exness to attend Dubai Forex Expo with team of robots
December 14, 2020 BY Steffy Bogdanova

Exness to attend Dubai Forex Expo with team of robots

The Exness branded robots, named Forexawy, Crypto and Dahab, will be greeting attendees with face masks and sanitizers, escorting them to the Exness booth, answering questions about the company’s products and services and arranging live video calls with Exness sales representatives. The Exness booth will be also equipped with touchless sensor based interactive technology, with…

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FCA warning
December 11, 2020 BY Steffy Bogdanova

J's World, Team PLTNM and others added to FCA's warning list

J's World / JS World / Jake's Forex / Jake Watson / JSWorld Telephone: 02034887301 / 07724244844 Email: [email protected] / [email protected] / [email protected] / [email protected] Twitter and Instagram: @jsworlduk Website: www.jsworld.co.uk Team PLTNM Email: [email protected]; [email protected] Instagram: @teampltnm Website: https://teampltnm.com Invest 4 Now Email: [email protected] Website: www.invest4now.com Search UK Bonds Websites: www.search-ukbonds.com ; www.searchukbonds.com Address:…

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