The Securities and Exchange Commission (SEC) announced that John Cook, Jeffrey Dinwoodie, Raquel Fox, Kristina Littman, Alan Cohen, Christopher Carofine, and Shelby Begany Telle have been named to the executive staff of Chairman Jay Clayton. These executive staff members will advise Chairman Clayton alongside Chief of Staff Lucas Moskowitz, Deputy Chief of Staff Sean Memon,…
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Binary options platform and brokerage group TechFinancials Inc (LON:TECH) has announced its unaudited interim results for the six month period ended 30 June 2017 (H1 2017). Financial Overview: Group Revenues of US$ 6.97m (H1 2016: US$ 9.86m) Core software licencing revenues on standalone basis totalled US$ 3.58m (H1 2016: US$5.82m) The trading platform revenues totalled…
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Beginning our peek into August 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that August trading volumes were equal to those of July clocking in at $27.1 billion average daily volume for the month. Similar in pattern to June and July, activity did seem to be stronger in…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported record trading volumes during the month of August - quite a surprise given the usually quiet nature of summer currency trading in the institutional world. GTX reported total trading volumes of $357.3 billion in August or $15.5 billion ADV,…
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Leading off our reports of FX trading volumes for August by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 10% drop in activity from July volumes - marking the third consecutive month of volumes declines at FastMatch. FX trading volumes at FastMatch averaged $16.2 billion daily in August, as compared to…
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Lukoil PJSC announced that is considering selling its Geneva-based marketing and trading business, a move that would mark a significant pull back in the international presence of Russia’s second-largest oil company. According to Reuters, Lukoil is considering selling its Swiss unit Litasco because new U.S. sanctions on Russia will make it harder for the Geneva-based…
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The Ontario Securities Commission (OSC) has announced today the members of the Investment Funds Products Advisory Committee (IFPAC) for the 2017-2019 term. The IFPAC advises OSC staff on product developments and innovations in the investment funds and structured products industry, and provides feedback on policy and rule-making initiatives. The Committee typically meets four times a…
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Global forex broker Admiral Markets has announced a new advanced feature inside the MetaTrader 4 Supreme Edition trading platform plugin – Market Sentiment Widgets. These widgets will now be available for clients with an Admiral.Markets or Admiral.Prime account using the Supreme Edition plugin. What Are the Major Benefits of Market Sentiment Trading Widgets? These sentiment…
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After experiencing a steady decline for the past 18 months, shares of Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:8077) more than doubled in Thursday trading. KVB shares closed at HK$ 0.82 Thursday, after sitting at just HK$ 0.40 on Wednesday. The big move, up to a new 52-week high for…
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easyMarkets, the premium-service trading platform, today announced the appointment of Jimmy Pan to the position of Head of Sales, Asia Pacific. Based out of Sydney, Pan will work closely with easyMarkets' global and local dealing teams to drive new account and revenue growth throughout the wider APAC region. Jimmy Pan brings over 10 years of…
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