The euro recovered some of the ground it had lost against major currencies such as the US dollar and the British pound. The euro gained significant ground against the British pound as investors took a bearish…
Posts published in January 2017
Exclusive: Giambrone Exploring Lawsuit against Banc de Binary
London-headquartered law firm Giambrone is preparing litigation against Banc de Binary, the firm shared exclusively with Finance Magnates. The company that last year led an effort…
City Credit Capital, a provider of retail derivatives, foreign exchange (FX) trading, and online dealing services to private investors, institutions, banks, and brokerages, has announced…
Exclusive: Banc De Binary to Close Down
Mega-quake in the binary options industry: Finance Magnates has learned Banc De Binary, one of the biggest global providers, is shutting down its operations, winding…
DTCC to Use Blockchain to Reduce Derivatives Processing Costs
Financial markets infrastructure firm, The Depository Trust & Clearing Corporation (), announced today that it has selected , and to create a blockchain framework to improve the derivatives…
Deutsche Börse announced today that over 2.1 million customer orders in structured products were traded via Börse Frankfurt in 2016, with a total turnover of…
France’s AMF Warns About Diamond Investments
Last week, it was reported that India was set to become the first country in the world where polished diamonds can traded on a commodity…
Hong Kong Exchanges and Clearing Limited (HKEX) has released its year-end market statistics, which entailed its aggregated volumes and figures for the 2016 year –…
Hong Kong SFC Warns Against Four Unlicensed Online Brokerages
Hong Kong’s Securities and Futures Commission (SFC), the country’s main financial services watchdog, today issued its adding a further four entities to its Alert List…
SGX’s December Turnover, FX Retreat on Subdued Volatility
The Singapore Exchange (SGX) has reported its aggregated volumes across its derivatives and commodities business for the month ending December 2016, having exhibited a sizable…