Online multi-asset trading services company OANDA has introduced a new pricing model for several key indices that enables clients to access spreads as low as 0.5 when they trade the Australia 200, UK 100, Germany 30, US NAS 100 and the US Wall St 30. Designed to reduce the cost of trading indices, the new…
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The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) today announce the appointment of Marshall Bailey as Chair of the Financial Services Compensation Scheme Ltd (FSCS) with effect from 1 April 2018. The appointment was made by the FCA Board and the Prudential Regulation Committee (PRC) with the approval of HM Treasury. Marshall…
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PSB-Forex, retail forex brokerage subsidiary of second tier Russian commercial bank Promsvyazbank, just announced that the services of the licensed bank forex dealer are now available for retail clients. Last April, the company became the eight licensee, which received the license of the Central Bank for the rendering of services in the Russian OTC market. A…
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NEX Regulatory Reporting announced today that during the rollout of MiFID II, it successfully launched its short code identifier service the ‘Industry Standard Common Identifier’ (“ISCI”) to help market participants meet their MiFID II requirements while simultaneously protecting the data of individuals. Under MiFID II, market participants are obligated to include the personal data of…
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CLS, a market infrastructure group delivering settlement, processing and data solutions, just announced that it is releasing a new foreign exchange (FX) forecast data report as part of its comprehensive suite of data products. CLS’s FX Forecast data will provide subscribers with a forward looking view of FX markets on an hourly basis, enabling them…
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Derivatives marketplace CME Group (NASDAQ:CME) today announced it has expanded its international client development and sales efforts with two senior sales appointments in Europe and Asia. Michel Everaert has been named Head of Sales, Europe, where he will be responsible for developing and executing CME Group's sales strategy and growing its client base throughout Europe.…
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LeapRate Exclusive... LeapRate has learned that Auckland, New Zealand based MT4 broker has hired Anish Satinder Lal as its new Head of FX & Metals. Anish Satinder Lal joins Blackbull after stints at OneTwoTrade, Atom8, and most recently ADS Securities, where he held various FX trading and sales roles. Blackbull was founded in 2014 by 25-year old…
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Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) has reported its busiest week ever with several new trading records across Cboe’s exchanges and products. From Monday, February 5, through Friday, February 9, 2018, a record weekly high of 48.29 million contracts traded on Cboe Options Exchange, making it the busiest week in the exchange’s…
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Continuing its efforts to clean up the Retail FX sector in Australia, ASIC has issued a warning to the public not to deal with any of the following entities in relation to trading in margin FX contracts for difference (CFDs) and bitcoin CFDs: AGM Markets: AGM Markets Pty Ltd, holding AFSL license No 422662. Registered business…
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The ESMA Board of Supervisors announced that it has recently appointed the following four stakeholders to become members of the Securities and Markets Stakeholder Group (SMSG): Mrs. Blanaid Clarke, Professor of Corporate Law, Trinity College, Dublin, in the category of academics, as of 1 January 2018; Mr. Geoffrey Bezzina, Executive Chairman, Office of the Arbiter…
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