University of St.Gallen analysis of CLS’s FX dataset reveals that information asymmetry can offer strong diversification for FX trading strategies
September 14, 2020 BY Steffy Bogdanova

Research paper on CLS’s FX dataset reveals profitable FX trading strategy based on information asymmetry

The fragmented nature of the FX market poses serious challenges for sourcing comprehensive data, however, the research findings were made possible with CLS’s FX Spot Flow data. CLS is a large source of FX executed trade data and provided the researchers with access to insights into FX market dynamics, including the interactions between different categories…

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SEC
September 14, 2020 BY Steffy Bogdanova

SEC charges film producer Ryan Felton and rapper T.I. for fraudulent ICOs

T.I’s social media manager, William Sparks, Jr. allegedly offered and sold FLiK tokens on T.I.’s social media accounts and two other people based in Atlanta, Chance White and Owen Smith, promoted SPARK tokens without disclosing they were promised compensation in return. Carolyn M. Welshhans, Associate Director in the Division of Enforcement commented: The federal securities…

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September 14, 2020 BY Steffy Bogdanova

Luxembourg Stock Exchange adds Saxo Bank as trading member

Established in 1992, Saxo Bank A/S is a Danish regulated bank for online trading and investment, with a strong global presence. Around 125,000 trades per day are processed through its trading platforms, SaxoTraderGO,SaxoTraderPRO and SaxoInvestor. The bank is also LuxSE’s first Scandinavian-based trading member. Henrik Juel Villberg, Global Head of Trading & Market Access at…

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FCA warning
September 11, 2020 BY Steffy Bogdanova

Direct Loan UK, Sage Global and others added to FCA's warning list

Direct Loan UK (Clone of an FCA authorised firm) Telephone: 08006891586 Website: www.directloanuk.co.uk GCG International/Sage Global Address: The Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 969660 Telephone: +35220882857 Email: [email protected] Website: https://gcginternational.com Growing Power Loans Ltd (Clone of FCA authorised firm) Telephone: 03308180718, 0207 097 5306, 07411 360…

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acquisition
September 11, 2020 BY Steffy Bogdanova

Market operator Euronext to acquire Borsa Italiana

The exchange announced in the beginning of August the completion of the settlement of shares under its offer from April to fully acquire the Danish Central Securities Depository, VP Securities. On 15 July 2020 Eruonext secured clearance from the Danish Financial Supervisory Authority for the acquisition. Euronext will consolidate VP Securities’ accounts in its financial…

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Forex Weekly Look Back
September 11, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: TradeMax rebrands to TMGM, Forex Analytix and Forest Park FX launch portal TraderSummit.net

Online FX and CFD trading and cryptocurrencies provider FXCM announced the launch of the SMS Trading Alerts service to help users spot potential trading opportunities. The SMS Trading Alerts cover shares, forex, gold and many other tradable instruments at FXCM. Users can choose the instruments that they want to receive signals for and they will receive…

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September 11, 2020 BY Steffy Bogdanova

USG moves its headquarters to London

In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and steady management, Union Standard International Group has been supported and trusted by millions of traders across more than 130 countries. The email continued: Until now, we’ve almost completed the restructuring process and reached 97% of…

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