FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has issued a brief clarification to its Q4 and 2017 full year financial results, which were released last week. GAIN Capital, which operates the retail Forex.com and City Index brands and the institutional GTX business, stated that it wishes to clarify its prior statement regarding the impact…
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Singapore Exchange (SGX) and fintech firm Smartkarma today announced a partnership to roll out the C-Suite Pilot Program, a cloud-based platform that will enable SGX-listed companies to streamline their communication and data reporting to the institutional, analyst and investor communities. Listed companies will be able to communicate seamlessly with analysts and investors, monitor sentiment, compare…
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Independent Reserve, the Australian Digital Currency exchange, announced that it has opened Australia’s first over-the-counter trading desk for institutions wanting to make large digital currency trades. CEO Adrian Przelozny said the lack of block trading venues had been a barrier for institutions to participate in digital currency investment. Digital currency markets are just like any…
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Further to their announcement back in September 2017 that they would work together to provide solutions to the Italian online trading market, Italian bank Banca Generali SpA (BIT:BGN) and Copenhagen based online trading giant Saxo Bank have announced that they have signed an agreement to offer a unique range of digital and global trading services. The companies…
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New Zealand's Financial Markets Authority (FMA) announced that it has issued formal warnings to five reporting entities under Section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT Act). Entities are required by law to have their risk assessment and AML/CFT programme audited by an independent auditor every two years. For this…
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The UK Financial Conduct Authority (FCA) informed the public that it has today published a discussion paper on transforming culture in financial services which presents views from academics and industry thought leaders. The paper is intended to provide a basis for stimulating further debate on transforming culture in the sector. The paper is a set…
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Riyad Bank, one of the largest financial institutions in Saudi Arabia, has just announced that it is launching the country's first ever range of contactless payment wristbands, using the Gemalto digital security solution. Fitted with Gemalto's contactless MiniTag, the bracelets are linked to the user's existing debit or credit account and offer the freedom to make…
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BTC/USD launched for trading on DEMO Geneva based Retail FX broker Dukascopy just announced that it has expanded the range of instruments with a new asset type: CFDs on cryptocurrencies. Bitcoin to US Dollar (BTC/USD) with leverage 1:3 have been added on DEMO environment in response to many trader requests. Live environment will follow soon.…
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Copenhagen based multi asset broker Saxo Bank has announced the appointment of Vivienne Yu as CEO of Greater China, to further grow Saxo Bank’s retail and wholesale business in the strategically important region. As CEO of Greater China, Vivienne will assume overall responsibility for expanding Saxo Bank’s services and customer base and drive strategic business…
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FAM Clearing, LLC., a joint venture between Advanced Markets Ltd, a wholesale provider of FX liquidity, technology, and credit solutions to banks and brokers and Fortex, Inc., a leading FX ECN trading platform, has announced the appointment of Raphael Ribeaucourt as a Vice President of Institutional Sales. Raphael joins FAM Clearing from PrimeXM where he spent eight…
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