Eric Vauthey, Head of Trading at BCV said: smartTrade’s follow-up on this project was great and allowed us to launch this new service in a timely manner. Deploying this solution to our customers was seamless as it is the same environment as the one we use. Our first client, The Banque Cantonale Neuchâteloise is live,…
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ASIC also claims that Henderson gave Financial Services Guide, containing the false claims to at least two clients. The charges follow an investigation into Henderson and his company by ASIC after evidence of misconduct was presented in the Royal Commission. Deputy Chair Daniel Crennan QC said: ASIC is dedicated to improving standards across the financial…
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David Mercer, CEO of LMAX Group, commented: The last few months have reinforced the common understanding that volatility doesn’t stop on a Friday night and risk events have now extended beyond the working week. As a result, the current trading session doesn’t reflect market participants’ increasing need to access FX liquidity 24/7 in order to…
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Andrew Wood added: There has been unprecedented market activity this year across global markets driven by the Coronavirus pandemic, and with that comes opportunities, in particular for intra-day traders. Our new platform opens up a range of popular products and trading features for partners and their clients in times of volatility including short-selling and hedging.…
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Alan Dweck, Chief Operating Officer at BidFX, commented: This unprecedented health crisis is splitting office and remote working. As some of the worlds largest financial institutions adjust their working practices to fit this new enviroment, it is imperative FX technology keeps apace. This latest version of our app provides traders with the full desktop FX…
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Both products, UKOilSpot and USOilSpot, have the same CFD contract sizing and pip costs as FXCM’s Futures Oil CFDs. The spot products have a daily financing fee for holding positions past 5pm EST, while existing futures products do not. Brendan Callan, CEO of FXCM said: With the collapse of oil prices recently, many traders are…
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The average daily volume OTC trading was $8.5 billion, down by 1.2%, compared to April when it was 8.6%. Futures contracts amounted to 543,683 in May, a 4.1% MoM drop compared to 567,189 last month. Gain Capital announced that the company’s stockholders voted last Friday to approve the set forth in February merger with financial services provider…
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The lead plaintiff Bradley Sostack filed the complaint in the California Court with seven claims against Ripple and Brad Garlinghouse including unregistered offer and sale of securities and fraud claims against the defendants alleging that they made false or misleading statements regarding the virtual currency XRP. The lawsuit alleges that in a few instances the…
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The cryptocurrency (BTC and ETH) can be used as a payment vehicle and is automatically converted into the base currency of the account (USD) and credited to the client’s account. In the same way, withdrawn funds from a crypto-fundable account are debited in USD and automatically converted into crypto-currency and sent to the client’s registered…
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IEX President and Co-Founder Ronan Ryan commented: Daniel has spent his career providing best-in-class service and product innovation to all market participants, developing deep expertise, knowledge and earning the respect of the industry. As COO of IEX Exchange, this experience will be invaluable. I’m thrilled Daniel has joined the team and look forward to working…
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