Haier Finance Co., Ltd today revealed the company has adopted Bloomberg’s Forex electronic trading platform (FXGO) and Multi-Asset Risk System (MARS) for FX trading and risk management. Haier Finance ranks among the top ten finance companies in China and foreign exchange is part of its core business. A subsidiary of leading Chinese home appliance company…
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Dukascopy Europe has successfully upgraded the signing up procedure for its clients by integrating a modern technology developed by mother company Dukascopy Bank SA. Clients will be able to choose Video Identification when opening the account, thus receiving a comfortable identification method that can be used anywhere in the world through Dukascopy's innovative and secure…
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Retail forex broker Exness has announced that it has recently renewed its partnership with World Wildlife Fund Russia, pledging funds to the conservation and reintroduction of endangered species - polar bears and Persian leopards. According to Petr Valov, CEO of Exness: Endangered wildlife species is a pressing issue that calls for our attention. As strong supporters…
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KCG Holdings, Inc. (NYSE: KCG) just released trade volumes for the month of January 2017. In Market Making, KCG averaged $28.1 billion dollar volume traded (5.24% higher than December 2016), 8.9 billion shares traded, and 3.5 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 223.9 million U.S. equity…
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A business-to-business automated investment platform for all sizes of investors, from institutional to retail, has announced it has opened new offices in Hong Kong. BetaSmartz which offers hybrid digital investment or "robo-advice" that combines automated and face-to-face financial advice, will run sales and service from the Hong Kong office, complementing its headquarters in Singapore. The…
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Banking Circle Virtual IBAN eliminates the need for multiple bank accounts in multiple countries and currencies Saxo Payments, a subsidiary that Saxo Bank established in 2013, just announced that is launching Banking Circle Virtual IBAN. Delivering full transparency and faster settlement on payments and transfers, Banking Circle Virtual IBAN is a proposition, giving FX and Payments…
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Bats Global Markets, Inc. (Bats: BATS) reported January volume and highlights, which included average daily notional value of $29.6 billion traded on Hotspot, its global spot FX trading platform, the highest ADNV in 11 months. Additionally, average daily notional value traded on Hotspot’s London matching engine was $2.5 billion in January, equating to 8.5% of…
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Telecommunications company Colt Group S.A. (LSE: COLT) today announced that Andrew Housden has joined the company as VP of Capital Markets, reporting to Tom Regent, Colt’s Chief Commercial Officer. Housden will be responsible for growing Colt’s Capital Markets vertical, overseeing some of Colt’s largest accounts across Europe, Asia and North America. Colt works with 18…
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London-based online trading firm CMC Markets Plc (LON:CMCX) has announced the issuance of 28,861 shares, as part of the bonus offer to clients from its IPO last year. Last week marked one year since CMC Markets' IPO. In the IPO, an offer was made to retail clients who purchased shares in the offering, that they…
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Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that its full year 2016 results will show a significant decrease in net profit by over 50%, as compared to 2015. KVB already issued a profit warning for the third quarter of 2016, which saw a 20%…
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