Copenhagen based multi-asset broker Saxo Bank has released its trading volume statistics for the month of April, indicating an overall 25% reduction in activity for the month. The figures at Saxo Bank are fairly much in line with what we have seen for April from other leading retail and institutional eFX venues. After a fairly…
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Spanish regulator CNMV just issued another warning today against the forex companies: Tradev Ltd., operating at www.tradev.com website; DGX SYSTEMS LTD (PRIME FX BANK / PFXBANK), operating at www.pfxbank.com and www.pfx-bank.com; and FIRST INVESTMENTS CAPITAL MARKETS, operating at www.firstinvestmentscapitalmarkets.com/ and www.first-union-esp.com. CNMV confirmed that these entries are not licensed or registered and, therefore, are not…
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Solactive, the innovative German index engineer, announced the launch of the Solactive Stable Income Europe Index. This index is replicating the performance of 50 European shares selected on the basis of a screening strategy blending together free cash flow yield, dividend yield and low volatility characteristics. The index targets investors interested in a smart beta…
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Spotware Systems announced today delivery of cTrader version 2.01 for Windows. The new build has been delivered to all cTrader brokers and the update will automatically initiate next time the platform is launched by any user. For cTrader Web users, the new version is available immediately from any popular browser. The cTrader Windows update includes…
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FX liquidity and connectivity technology solutions provider PrimeXM and MT5 developer MetaQuotes have announced the release of PrimeXM's MT5 integration gateway to their XCore system. This execution and aggregation technology supports low-latency connectivity to over 120 leading providers of Forex and CFD liquidity, and is a very popular solution among institutional clients. Now, brokers can use…
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Codel, the digital notary service provider, today announced a partnership with GMEX Technologies, a wholly owned subsidiary of GMEX Group, and provider of multi-asset exchange trading and post trade technology solutions. The companies will collaborate in areas where it is critical to prove digital data integrity throughout the value chain as well as connecting physical…
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The spreading migration to MetaTrader 5 continues After the launch of Gold-i MetaTrader 5 Gateway, the UK-headquartered integrator Gold-i announced the release of Gold-i MAM Pro for MetaTrader 5. It is an advanced post-trade allocation tool for brokers and money managers using the multi-asset HFT platform. The solution is designed for the hedging option within…
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It was one of those weeks in Forex Industry News where things were 'all over the place'. We saw senior executive moves at ADS Securities, ArgusFX, and of course FXCM parent Global Brokerage Inc, which finally replaced CEO Drew Niv. There were regulatory actions. And, the arrest of the owner of a Binary Options brokerage…
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The Wall Street Journal announced that is bringing to life the daily drama of the U.S. stock market through a new WSJ Augmented Reality experience built with Tango. WSJ AR projects a holographic 3D view of the live U.S. stock market onto the real world, offering a new way to see how every stock is…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated FX liquidity and technology solutions provider Finotec has reported Revenues of £1.26 million and Net Profit of £211,000 in 2016. While an improvement over 2015 (Revenues £1.1 million, Net Loss £158,000), activity remained very slow in 2016 at one of the original players in Retail Forex. Finotec…
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