A Chinese-led consortium that includes three Chinese exchanges and two Pakistani financial institutions, has signed a final deal to purchase a 40-percent stake in the…
Posts published in December 2016
Bank of Russia Takes Steps to Increase FX Volumes on Moscow Exchange
The Bank of Russia is taking steps to increase FX volumes and liquidity at the country’s largest trading venue, Moscow Exchange, in 2017. The central…
2016 – The Binary Options Conundrum and an Uncertain Future
The passing year of the monkey has been a very challenging one on many fronts for the retail intermediary business. Starting with the and the…
Understanding How Blockchain Works and Why it Will Transform FX
We are surrounded by centralised ledgers For the uninitiated, a ledger is simply a record of something — whether it be trades executed by traders,…
TP ICAP (Tullett Prebon) Completes Acquisition of NEX (ICAP)
TP ICAP plc (the ) has just announced that it has completed the acquisition of the global hybrid voice broking and information business of NEX…
Libertex Signs Colombian Footballer James Rodriguez as Brand Ambassador
Continuing the theme of sponsoring high profile football stars, especially of high caliber, Russian forex broker Libertex (formerly Forex Club) has inked a sponsorship deal…
A retired inventor suffering from health issues has filed an arbitration claim against Morgan Stanley, alleging that it failed to adequately supervise its financial advisor’s…
Admiral Markets Increases Leverage on Major CFDs to 500:1
Admiral Markets has informed clients that it will be instituting changes in the terms for margin requirements on FX and contracts-for-difference (CFDs) trading accounts. To…
Hong Kong’s Securities and Futures Commission (SFC) announced today that it has banned Mr Lam Yuk Wai, from re-entering the financial industry for a lifetime over…
GCM Prime Reports Weak Results for the Year Ended March 2016
UK FCA-authorized FX, spread betting and CFDs brokerage GCM Prime today published its strategic report for the year ended March 2016. The company stopped its trading activity…