Shares of forex and CFD broker, Plus500, are trading to an all-time high of 215p following the firm’s ‘trading update’ to investors. According to Plus500,…
Posts published in November 2013
Aussie Falls Ignoring Signs of Growth
The Australian dollar followed its New Zealand counterpart in decline today. Data from Australia was good, but it looks like the South Pacific currencies are determined to fall no…
A new class action lawsuit for an alleged manipulation of foreign exchange rates was filed on November 8th, in a U.S Federal District Court in Manhattan, New York,…
Being on top has its disadvantages. Among bitcoin exchanges, this has meant being the target of DDoS attacks and account hacking. Back in March and…
Positive Fundamentals Do Not Help NZ Dollar
Positive fundamentals did not help the New Zealand dollar to rally. The currency dropped today following yesterday’s decline, leading to concerns that it may reverse the upward trend. The kiwi was…
Bitcoin Surge and Volatility Cause Plus500 to Alter Trading Conditions
Forex and CFD broker, Plus500, made headlines when it was the first broker to launch leveraged synthetic trading of bitcoin. Similar to other CFDs on…
New Product Spotlight: Inovance – Machine Learning Trading With TRAID
What if you could develop a trading strategy that dynamically adjusts itself as market conditions change and continually runs back tests to calculate optimal trading…
Regulator vs Machine! MAS Issues Penalty Against Trader For Improper Use Of Devices
So electronic and automated is the world in which today’s financial markets economy operates, and that it was only a matter of time before regulatory…
FX Fraudster David Prescott Ordered to Pay $1.8 million
A Wisconsin district court has found David Prescott guilty of fraudulently soliciting individuals to invest in a forex investment pool. The Honorable Charles N. Clevert,…
FCA Halts Boiler Room ‘First Capital Wealth’ From Duping Investors
A suspected boiler room operating across three continents has been put under the regulatory radar by the Financial Conduct Authority (FCA). In a notification issued…