Spotware Systems just announced that they have added a new order type to their cTrader platform. This new order type is a Stop Limit Order, it has been added to desktop, web, iOS and Android versions of the platform, and it is available to all users of all brokers offering the platform. A Stop Limit…
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Fullerton Markets has announced the promotion of Senior Compliance Manager Paul Turner to Executive Director. With over 40 years of accounting experience, Paul Turner has proved to be an invaluable resource to the expansion plans of Fullerton Markets. CEO of Fullerton Markets Mario Singh said: I am delighted to recommend Paul’s promotion to the board…
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Continuing a trend we've been seeing lately, of leading retail forex brokers aligning themselves with 'brand ambassador' sports personalities, CySEC regulated FXTM has announced that it will become an official sponsor of Dominika Cibulkova, one of the top players on the women's tennis tour and a Top 10 ranked WTA player. (Ms. Cibulkova, from Slovakia,…
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Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional ‘Calendar spreads’ on the Exchange’s Gold Futures and G6 Currency contracts. The currency segment continued their upward trajectory in…
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LeapRate Exclusive... LeapRate has learned that the Turkish government is issuing new regulations, which will make it illegal for Turkish residents to hold accounts or trade leveraged Forex or CFD products with foreign brokers not licensed by the country's Capital Markets Board (CMB). Turkey has been slowly tightening the screws when it comes to leveraged…
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The National Securities Market Commission (Comisión Nacional del Mercado de Valores, or CNMV) in Spain has issued warnings against a number of unlicensed brokers and financial institutions targeting traders in the country. Included in the list released today are two unlicensed Retail Forex brokers, NetoTrade (operating from website netotrade.com) and GBO Capital (at gbocapital.com). Both…
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NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has launched the FX industry’s first fully automated Settlement Netting Service to streamline the bilateral settlement netting process for market participants. The Settlement Netting Service will automate settlement netting of over-the-counter foreign…
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Data released today by the Tokyo Financial Exchange indicated that forex trading volumes were up slightly during the month of June in Japan. The TFX indicated that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,404,152, up 8.3% versus May but still way down (48.9%) from last year June. Average daily forex…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a Half Year Trading Update, indicating that its business did very well in the just-completed second quarter of the year. Without giving specific numbers, which will be delivered in early August, Plus500 stated that the business has continued to trade very strongly, with both revenues and…
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This will be a week which many in the FX industry won't soon forget, in part because of what didn't happen. After several months of debate and a few more months of waiting, the FCA decided to delay its implementation of new rules governing the leveraged Forex and CFDs sector until at least early 2018. We…
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