U.K. financial services firms will definitely not be able to carry on business as normal within the European Union (EU) after it leaves the bloc, according to Luc Frieden, who has held several portfolios within the Luxembourg cabinet over the past few decades. In an interview for CNBC on Friday in Luxembourg, Luc Frieden commented:…
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The Securities and Exchange Commission (SEC) announced that Keith E. Cassidy has been named Associate Director, Technology Controls Program, in the Office of Compliance Inspections and Examinations (OCIE). Mr. Cassidy began his career at the SEC as an Attorney Advisor in the Office of Legislative and Intergovernmental Affairs in 2010 before being promoted to Deputy…
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Continuing a fairly strong month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system increased by 8% in May, coming in at $253.1 billion. While as noted that is a nice increase over April, it…
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CME Group Inc (NASDAQ: CME) the leading and most diverse derivatives marketplace, today announced it reached an all-time open interest record of 129 million contracts on June 14, 2017, surpassing the previous open interest record of 125.7 million contracts reached on May 11, 2017. June 14 also represented the highest-volume trading day in 2017 to…
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Announced this week, we learned that clients of OANDA, the global forex brokerage provider can now trade directly from the TradingView website utilizing their innovative charts. TradingView is a social network for traders and investors. Under the agreement, clients can deploy TradingView's customisable charts and technical analysis, while continuing to access OANDA's execution engine, risk…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of May 2017. The average daily traded volume submitted to CLS was USD1.55 trillion up 2.0% from USD1.52 trillion in April 2017. May 2016 April 2017 May 2017 Average daily traded volume…
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On 28 June 2017, the new Swiss Finance Museum will open its doors at Pfingstweidstrasse 110 The first of its kind in Switzerland, it combines historical exhibits with state-of-the-art multimedia installations. The museum is located in the new global head office of SIX, the operator of Swiss financial infrastructure. The completely redesigned exhibition introduces visitors…
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Trax, a subsidiary of MarketAxess Holdings, Inc. (NASDAQ:MKTX) and a provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. (NASDAQ:CBOE) company, today announced plans to offer Trax Approved Publication Arrangement (APA) customers the choice to direct equity trade reports to the Bats APA in order to…
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Forex trading platform developer MetaQuotes just announced that has upgraded the MetaTrader 5 for iOS build 1605 and has simplified the request to open a real account in MT5 iOS. The new MetaTrader 5 for iOS build 1605 provides the possibility to easily open preliminary brokerage accounts. When opening a new account: Select "Open a…
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Copenhagen based multi-asset broker Saxo Bank has released a fairly interesting document called Enhanced Disclosures, which provides insight into Broker Incentive, Broker stability, Client Leverage and Performance. Saxo Bank released the document as part of the company signing up formally to the FX Global Code of Conduct. Some of the interesting insights from Saxo Bank's disclosure document…
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