Coming soon will be the first of their kind gold futures contracts denominated in CNH and US$ available on the same platform. Hong Kong Exchanges and Clearing Limited (HKEX) plans to introduce physically settled CNH (offshore Renminbi, or RMB) and US dollar (US$) Gold Futures contracts in the third quarter of this year, subject to…
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Hotspot, a CBOE Holdings, Inc (NASDAQ: CBOE) company and institutional FX trading ECN market has announced the first anonymous outright deliverable forward FX transaction executed on the platform. Hotspot is the first platform to provide outright deliverable forwards on an anonymous central limit order book. Further, it is the first platform to allow prime brokerage…
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Institutional FX brokerage ACM Group plc, more commonly known in the industry as just Alpha, has issued its results report for the first half of fiscal 2017 (September 30 year end, first half results are through March 31, 2017). At the half year mark the transformation process that the company began during the previous financial…
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Financial professionals using Thomson Reuters (NYSE:TRI) flagship desktop can now integrate their internal and partner applications through the launch of its Side by Side Integration API. Together with App Studio, Eikon’s third-party developer suite, users can extract even greater value from Eikon through a more seamless workflow on a single desktop. The new API is…
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Copenhagen based multi-asset broker Saxo Bank has announced that co-founder Lars Seier Christensen will be fully exiting from his ownership interest in the company, selling his 25.71% stake to Chinese conglomerate Geely Group. Certain minority shareholders are expected to exercise tag-along rights as part of the offer from Geely, which is expected to own about 30% of…
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AxiomSL, the regulatory reporting, data and risk management solutions company, today announced the appointment of Peter Tierney as CEO of the firm’s Asia Pacific (APAC) region. Tierney brings more than 25 years of experience as an enterprise software executive, including his latest role as the regional head of DTCC’s OTC trade reporting initiative and CEO of…
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The British Columbia Securities Commission (BCSC) announced the appointment of John Hinze to Director of Corporate Finance. John is passionate about building vibrant capital markets in British Columbia that will give issuers the capital they need to grow and investors the information and opportunities they seek," said Peter Brady, Executive Director of the BCSC. "He…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has reported what can only be described as a horrific quarter to begin 2017. Q1-2017 results were poor across the board at what is now the leading US-based retail forex broker. And, weak volumes reported for April don't necessarily portend for a better Q2. Revenues at GAIN…
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CFI Group Holding, the parent company of CySEC CIF licensed forex broker CFI Markets Ltd., has announced the launch of its latest subsidiary company: Credit Financier Invest (DIFC) Ltd. (CFI-DIFC), based in Dubai, United Arab Emirates. Regulated by the Dubai Financial Services Authority (DFSA), CFI-DIFC is authorized to operate as a Category 3A licensed entity, with…
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Cyprus financial regulator CySEC, as part of its crackdown on the operations and business practices of licensed Forex, CFD and Binary Options brokers which operate in the country, has issued a new Circular entitled "Freedom to provide investment and ancillary services and/or perform investment activities in a third country." In the Circular signed by CySEC…
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