It was about time to have a single framework to access EU wide information through a single resource It's been a long time coming - finally the European authority in charge of financial markets, the ESMA (European Securities and Markets Authority), has issued a press release that details the introduction of a single, consolidated register for…
Read morePlus500 co-founder Shimon Sofer sells, but Plus500 shares set another all-time high News that one of the founders of publicly listed CFDs broker Plus500 (LON:PLUS) has sold an overwhelming majority of his shares didn't manage to put a dent to investors' mood about the company. According to a notification letter published on the company's website,…
Read moreThe company (unknowingly) engaged in offering managed discretionary accounts The Australian regulator ASIC has issued a press release that details an enforceable action against online forex broker Forex Financial Services Ltd (Forex FS). An investigation which was carried out by Australian authorities has found that between March 2010 and October 2011 the brokerage has been…
Read moreIn the meantime UBS is seeking lenience in FX manipulation investigation (again) Recent weeks will most certainly remain in history for most professional FX traders, as the number of suspended/fired traders has been ever growing and the FX manipulation investigation is on the minds of worldwide regulators. There is one more angle that hasn't been touched…
Read moreAnother opportunity for the UK to solidify its position as the European financial center As a coalition of 11 Euro Zone member countries is struggling to introduce a new levy on financial products transactions and it is becoming increasingly clear that the division on the issue is more widespread than originally thought. While The Netherlands, UK, Sweden…
Read more51% of account logins at the leading Canadian brokerage are coming from mobile devices Leading Canadian pioneering brokerage Oanda has announced last week the Chinese localization of its mobile trading platform fxTrade Mobile across iOS and Android. The platform is already established as one of the best in the mobile trading space providing an intuitive…
Read moreThe company will hold seminars in Shanghai and Beijing to further expand its presence in mainland China Leading broker technology provider Leverate has issued a press release outlining recent developments for the company on the Chinese market. Leverate’s Head of Marketing Remy Rosenbaum states that since the opening of the firm’s office in Hong Kong…
Read morePost Silk Road closure rebound levels are the new normal… at least on the Japanese exchange Yesterday’s vague statement by Mt Gox that has fully discouraged Bitcoin traders on the Japanese exchange has triggered somewhat of a capitulation on the Bitcoin market. Prices have tanked just above post Silk Road closure levels around $91.50 and…
Read moreFX liquidity aggregator FXOne and a binary options platform have already tested the company’s offering Last April a team of 11 engineers, alongside with Jacob Loveless have parted with their former employer Cantor Fitzgerald to form a new enterprise – Lucera. The team was responsible for the high-frequency trading division at the private investment bank…
Read moreVeruus Wealth Management registration suspended, Arista LLC and Abdul Walji are next According to a CFTC press release the regulator has revoked registration of Colorado-based forex company Veruus Wealth Management LLC as it confirmed that the company engaged in civil theft and conversion of investments in a managed forex trading account. A Denver court has…
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