Category: Forex

WFE launches new website & members’ portal
April 12, 2017 BY Valentina Kirilova

World Federation of Exchanges publishes Cyber Resilience Standards

The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a set of cyber resilience standards designed to be used by WFE members, and other market infrastructure providers, to ensure alignment and common minimum standards across the global system. The standards cover eight key areas:…

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forex customer complaint
April 12, 2017 BY LeapRate Staff

CySEC requires more disclosure from Forex brokers on Customer Complaints

Cyprus financial regulator CySEC has announced new disclosure requirements targeted at CIF licensed Forex and Binary Options brokers regarding customer complaints. In its efforts to clean up the sector and beef up its image, dealing promptly and effectively with customer complaints seems to be one of the regulator's main focal points. While CySEC has already required…

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April 12, 2017 BY LeapRate Staff

Social trading network FX Junction updates performance stats based on Time Weighted Rate of Return

FX Junction, a leading open social trading network for Forex traders, has announced the release of new and improved performance statistics. The FX Junction performance module has been completely rewritten and improved based on your its members' feedback. Most notably, the performance is now based on the true Time Weighted Rate of Return (TWRR), which is…

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April 12, 2017 BY Valentina Kirilova

New Zealand's Forex Brokers bankrupt, liquidators appointed

An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing "significant" losses, NZ Herald reported. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland's Queen Street. Companies Office filings show shareholders of the company yesterday appointed PKF Corporate Recovery & Insolvency…

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April 12, 2017 BY Valentina Kirilova

Singapore robo-advisor StashAway receives in-principle approval for Retail Fund Management License from MAS

StashAway, a digital wealth advisor, announced today that has received in-principle approval for its Capital Market Services License for Retail Fund Management. This allows StashAway to now prepare to launch its digital wealth management platform in the coming months. Robo-advisors, or “robos,” are growing in prevalence in Europe and North America. Currently, robos in Singapore only…

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