PrimeXM, a specialist in liquidity aggregation and connectivity also offering network solutions, MT4/MT5 bridging technology, and white labels today announced a new office in the city of London. This is one of the many impending developments the company is planning as part of its strategy to expand its offering. The move today allows the company to…
Read more
TradingScreen, Inc. (TS) an industry provider of multi-asset electronic trading solutions recently launched BidFX, an Execution Management System (EMS) designed for the $5 trillion daily FX market. The platform matches the proven SaaS based technology from TradeSmart with the ability to connect to all liquidity provided by Banks, nonbanks, and ECNs. "In response to client feedback and…
Read more
For the further development of Tokyo as an international financial center, the Japan Financial Services Agency (FSA) has been committed to enhancing transparency regarding the procedures for foreign financial business operators to establish a business base in Japan, including to provide more useful information in English regarding the financial market in Japan. As a part…
Read more
Interactive Brokers Group, Inc. (NASDAQ: IBKR) an automated global electronic broker that serves more than 449,000 clients worldwide and operates on more than 120 exchanges, announced today that it plans to join the Tel Aviv Stock Exchange (TASE) through its Interactive Brokers UK subsidiary as a remote member. Jon Chait, Chief Operating Officer at Interactive…
Read more
SBI FX Trade Co., Ltd. established as a pure-play forex brokerage company from Japan-based financial services group SBI Holdings Inc (TYO: 8473) announced today an extension of their spreads campaign now through Saturday 14 October. Since Monday 28 August, SBI FX Trade decreased their spreads by 61% on 8 currency pairs to extremely thin margins by…
Read more
The Malaysian Straight Times is reporting that a group of Malaysian investors is now seeking answers after they thought they were investing in a reliable FX trading strategy from a company called RCFX but, in the end, failed to get their promised returns. The group claimed they have been cheated out of RM703,000 Malaysian Ringgit…
Read more
The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – Carats.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond…
Read more
Singapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for August 2017. Total FX futures volume moved up 5% from the previous month to 800,350 contracts and up 75% from August 2016. The solid figures from SGX's FX segment attest to the slightly higher trend across the Forex trading industry for August…
Read more
Reporting for August a month-over-month change higher of 2%, NEX Group PLC (LON: NXG) sees their spot forex business steady, with FX volumes year-over-year a solid 27% greater. August 2017 produced volumes on the company's anonymous forex matching platform, EBS MarketFX of $83 billion, while July 2017 was just a touch lower at $81.6 billion. During…
Read more
Spotware Systems, a financial technology provider focusing on e-FX STP and direct-access trading, offering comprehensive solutions for brokers, banks, and their clients have announced a small new feature regarding its cTrader platform for Forex and CFDs. This is an update technical-intraday and scalpers will appreciate, coming soon, traders will have a larger selection of predefined ticks…
Read more