Brexit, Brexit, Brexit.... As next Thursday's vote gets closer and the outcome of the UK referendum still seems uncertain, it has been impossible to avoid the topic of Brexit in virtually every form of media. On this morning's FT.com home page alone you can read Blue-chips threaten Leave camp over logos, or Next steps after Brexit, How would…
Read moreFurther to our coverage of brokers in the retail forex sector requiring their clients to either ante up more margin or reduce leverage in their accounts ahead of next week's Brexit vote in the UK, Saxo Bank has posted specifics of new margin requirements for clients through to June 23 - and possibly beyond, depending…
Read moreeFX trading technology solutions provider TradAir has announced that it has cut 'issue diagnostic' times by around 90%, following implementation of open-source monitoring and diagnostic tools. The tools combine open-source projects Logstash and Kibana, with data visualization tools from ELK – ‘Elasticsearch’, which together enable seamless integration of platform, network and system log-data, that can be searched, analyzed…
Read moreGlobal commodities broker Marex Spectron has continued to build its presence in Asia with the appointment of Matthew France (pictured at left) as Head of Institutional Sales, Metals, in Asia. Matthew France joins Marex Spectron from Morgan Stanley (YSE:MS) where he was an Executive Director managing the firm’s Asian Metals business. Reporting into the Global Head…
Read moreBig news in the Forex platform provider world... Forex broker technology providers X Open Hub, part of the X Trade Brokers Dom Maklerski SA (WSE:XTB) group which operates FCA regulated brokerage XTB.com, and PFSOFT have announced a partnership whereby X Open Hub's liquidity and market data will be integrated into PFSOFT’s Protrader brokerage solution. X Open Hub had…
Read moreThe Taiwan Stock Exchange announced today that since the Taiwan Financial Supervisory Commission (FSC) adjusted regulations to allow the listing of more diverse exchange-traded products in 2014, Taiwan’s ETF market has grown rapidly and now accounts for 10% of total turnover on the TWSE, compared to only 1.9% in 2014. As of the end of May 2016, more than USD $7.64…
Read moreIt isn't just Retail Forex brokers raising margin requirements leading up to next week's Brexit vote. Today the Moscow Exchange put out a note to clients that, due to the UK referendum on membership in the European Union on 23 June 2016, volatility in some instruments traded on Moscow Exchange may potentially increase. To mitigate…
Read moreRetail forex broker FXCM Inc (NYSE:FXCM) continues to report some of the highest FX trading volumes in the industry month by month, with May 2016 coming in at $280 billion. After narrowly avoiding bankruptcy early last year in the immediate aftermath of the January 15, 2015 surprise Swiss Franc spike by securing (over the course of…
Read moreUK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated retail forex broker targeting UK clients, this time regarding TFX Traders operating from website tfxtraders.com. On its website TFX shows that it has offices at 20 Primrose Street, London EC2A 2EW. The FCA warned consumers that TFX Traders is not authorised or licensed by…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) has made a change in the management of some of its key operating subsidiaries. HKEX has announced that its Head of Markets, Kwok Keung (Roger) Lee, has been appointed to replace Romnesh Lamba as Chief Executive of The Stock Exchange of Hong Kong Limited (“SEHK”) and Hong Kong Futures Exchange…
Read more