Russian retail Forex broker Alpari has earlier today announced that from 5th October, 2016, trading using instruments #BRNZ6 and #ENX6 will be set to Close Only mode. On 14th October, 2016, all open positions for these instruments will be closed and pending orders will be deleted. The trading of CFD oil futures for Brent and…
Read moreThe Canadian Securities Administrators (CSA) has published CSA Staff Notice 11-332 Cyber Security to promote cyber-security awareness, preparedness and resilience in Canadian capital markets. The cyber-security landscape has evolved considerably in recent years, as cyber attacks have become more frequent, complex and costly for organizations. As a result, the CSA is working to promote cyber-security awareness,…
Read moreChicago Board Options Exchange (NASDAQ:CBOE) and Fund Evaluation Group, LLC (FEG) have announced findings from a study of four CBOE strategy performance benchmark indexes designed to track the performance of positions in Russell 2000 (RUT) index options, looking at various aspects of their performance over a 15-year period spanning 2001 through 2016. The study was presented…
Read moreFXPRIMUS has announced the launch of its new PAMM Service. This new service facilitates the relationship between Skilled Traders (Masters) & Eager Investors (Followers). The FXPRIMUS PAMM Service affords the opportunity for Masters to showcase their performance to the FXPRIMUS customers that are in need of investment services. At the same time, the PAMM service allows…
Read moreASIC has extended for two years seven class orders giving relief to foreign financial service providers (FFSPs) providing financial services to wholesale clients. These class orders were due to expire (‘sunset’) between 1 October 2016 and 1 April 2017. At the same time, ASIC has released Consultation Paper 268 Licensing relief for foreign financial services…
Read moreBusiness information giant Thomson Reuters Corp (NYSE:TRI) and Clifford Chance law firm have joined forces to help global financial institutions tackle in a timely, efficient and more cost-effective manner their most pressing regulatory obligations relating to margin rules for uncleared over-the-counter (OTC) derivatives. Pressure on both buy-side and sell-side financial institutions is growing as new regulatory…
Read moreFiserv, Inc. (NASDAQ: FISV), a provider of financial services technology solutions, has partnered with FCTI Inc., ATM network company, to provide transaction processing for nearly 8,000 ATM terminals at franchise- and corporate-owned 7-Eleven stores across the United States. Through the partnership, Fiserv will provide ATM device driving, transaction authorization, network gateway access and switching and…
Read moreTrader Alex Hope has been sentenced to 603 days’ imprisonment for failing to pay the full value of a confiscation order made against him. The Confiscation Order in the sum of £166,696 was made on 12 February 2016 at a hearing before Her Honour Judge Taylor at Southwark Crown Court. The period afforded to Mr Hope…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreINTL FCStone Inc. (NASDAQ: INTL) has announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD), launched a financial information exchange (FIX) protocol, which is integrated with its proprietary FXecute global payments platform. The FIX protocol is an electronic communication method for the real-time exchange of information, and its integration with FXecute marks…
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