Parent of binary options brokers ZoneOptions and 24Options gets into the retail FX business Cypriot binary options holdings company Rodeler has today launched a new brokerage under the moniker 24FX, setting its sights on accruing a retail FX client base. The newly-established firm will provide its traders with a choice of two platforms, namely MetaTrader…
Read moreAustralia's financial markets regulator joins the FX rate manipulation probe, in order to investigate if misconduct occurred within its jurisdiction The global probe into alleged manipulation of FX rates by financial institutions has spread even further afield, with the Australian Securities and Investments Commission (ASIC) having declared today that it is commencing a review to…
Read morePolish FX company EFIX has appointed ex GKFX CEO and GFT exec Ashraf Ebid as Chief Executive Officer Mr. Ebid joins the firm in its most senior executive post following several years in leadership positions within large FX companies worldwide. Prior to his appointment at EFIX Dom Maklerski, Mr. Ebid spent four years as Chief…
Read moreCFTC orders Sean R. Stropp to pay $250,000 penalty and serves cease and desist order following false and misleading statements during a CFTC investigation The US Commodity Futures Trading Commission (CFTC) has adopted a similar method of penalizing those who provide incorrect statements to compliance officers during inspections as that which has been long employed by…
Read moreWhilst virtual currencies have polarized the opinions of governments worldwide, CySec takes a conservative view, today issuing a warning to potential bitcoin traders Less than one day subsequent to the Singaporean financial markets regulatory authority having made its intention to regulate virtual currency intermediaries public, the ubiquitous Cypriot regulator, which operates in an island with…
Read moreCorporate efficiency detailed in full as Plus500 releases its annual report for 2013 Plus500 has released its annual results for the full year 2013, which demonstrate what could be considered a predictably strong performance when bearing in mind the company's high valuation and successful initial public offering during the later stages of 2013. Last year, Plus500…
Read moreOslo Børs implements Baymarkets Edge derivatives platform as exchanges embrace opportunities in current OTC markets Whether the probe into a whole host of international financial institutions which accuses them of FX rate manipulation is partly responsible for driving the recent developments in exchange-based infrastructure within a predominantly OTC industry sector is hard to measure, however…
Read moreIG Group CEO Tim Howkins and CFO Chris Hill probe specific factors relating to the company's Q3 results, and emphasize importance of mobile trading Following today's announcement of corporate results for the third quarter of its financial year, IG Group CEO Tim Howkins, along with CFO Chris Hill and Head of Investor Relations Kieran McKinney…
Read moreMonetary Authority of Singapore sets forth regulatory stance on virtual currency intermediaries, hinting at the nation's acceptance of Bitcoin as a viable tender How to regulate the unregulatable, that is the conundrum. Amid the continual attempts by various governmental departments worldwide during recent times to place controls on the usage, trading and flow of virtual…
Read moreAustralian financial markets regulator responds to application filed to terminate AFS license after concerns had been raised over license obligations The Australian Securities and Investments Commission (ASIC) has today announced that it has terminated the Australian Financial Services license of AIE Fiduciary Services, a company which provided financial product advice relating to securities, derivatives and…
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