The brokerage company FxPro has just released their new FxPro Direct App onto the market. FxPro's clients can now create new trading accounts at any time by simply choosing one of the three available trading platforms (MT4, MT5 or cTrader) and picking the leverage and account currency (AUD, CHF, EUR, GBP, JPY, PLN, USD or…
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International financial services company Admiral Markets announced today that it has expanded the number of instruments available on its flagship Admiral.MT5 accounts. Admiral Markets' customers can now trade popular indices of regional equity markets. No commission is charged for opening long and short positions on these instruments. Jens Chrzanowski, a Member of the Admiral Markets…
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Multibank FX aggregation service FXSpotStream has just announced its revenue for the month of April 2019. The total volume, reported by the company, was $703,135, down 11% from the previous month ($792,863 in March). With 22 trading days in April, Avg Daily Volume was $31,961, down 15.4% MoM, but up 30% YoY. The complete results…
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Australian regulator ASIC has announced yesterday that it has just suspended the Australian financial services (AFS) license of Sydney-based financial services provider Australasia Wealth Services Management Pty Ltd (AWSM) until 25 June 2019. According to the regulator, the company AWSM had breached its financial reporting and audit obligations and the requirement to obtain membership of…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Purse International. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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IBM (NYSE: IBM) and information giant Thomson Reuters (NYSE:TRI) have teamed up to help banks address ever-growing regulatory requirements through the powerful combination of artificial intelligence (AI) and real-time regulatory insights. IBM and Thomson Reuters Regulatory Intelligence will offer financial institutions access to IBM Cloud's RegTech solution. The two companies collaboration will enable risk and…
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Global connectivity and IT infrastructure provider for the financial services industry, Avelacom, has just announced it is deploying a point of presence (PoP) at The Stock Exchange of Thailand’s (SET) data center facilities. Earlier this year, the company added its third PoP in Tokyo and opened a new office in Singapore, managed by Gabriel Bassas,…
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FCA regulated London based FX and CFDs broker ActivTrades announced that it has launched its new premium Cashback program, exclusively for eligible professional clients. The program pays rebates on spread and swaps, as well as interest on unused margin. To qualify, clients need to trade a monthly average of at least €50 million in notional volume…
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Traiana (a CME company) has announced that it is enhancing its Credit Risk Hub tool, which provides FX prime brokers with solutions for Tri-Party Agreements and credit management. Traiana enables the sell-side to automate cross-asset risk management and pre/post trade processing. The enhanced offering means that brokers will now be able to document Tri-Party trade…
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The clearing house LCH has just announced that the investment bank of Intesa Sanpaolo Group, Banca IMI, has joined its CDSClear service. Banca IMI will now have access to clearing of credit derivatives referencing both Single Names and Indices, and is the first Italian member to join the clearing service. Banca IMI is already a…
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