Industry veteran Simon Waugh of CMC Markets is retiring. He has been with the firm since 2007 when he joined as a non-executive director, and…
Posts published in November 2017
CMC Markets Institutional Business Spikes 45%, H1 Nets Record Income
CMC Markets has just published its interim results via the London Stock Exchange RNS. During the six months that ended on September 30th, the company…
Cross-Border Payments with Blockchain: Ripplenet Adopted by Major Banks
Three banks (Axis Bank, Standard Chartered, and Rakbank) have announced their decision to adopt Ripple’s blockchain-based payment platform, the , as a means of making…
Halong Mining Begins the Rollout of DragonMint 16T Miner
As the value of Bitcoin continues to grow, an increasing number of startups and other various endeavors related to the mining of Bitcoin and other…
CFTC’s 2017 Enforcement Actions Secure $413 Million in Penalties
The Commodity Futures Trading Commission (CFTC) today announced its 2017 annual enforcement and compliance results, highlighted by a series of high-impact cases involving charges with…
After 25 Years, FX-MM Magazine to Close at the End of the Year
FX-MM Magazine, the monthly journal for the trading, treasury and technology community, will be closing by the end of 2017, the portal’s editor and publisher…
U.K. Regulator FCA Alerts Investors to FX Clone Broker NBLFX
The Financial Conduct Authority (FCA), Britain’s financial market watchdog, today warned that a forex brokerage firm has been falsely claiming its registration whilst usurping the…
South Korea Arrests Seven Men Involved in Bitcoin Ponzi Scheme
Authorities in South Korea have reportedly arrested a group of seven individuals in the province of Jeonbuk for allegedly operating a Bitcoin Ponzi scheme, targeting…
The US dollar retreated against the euro on Wednesday to its lowest level in two days following a data release that revealed lower than expected demand for durable goods in October. Investors are…
British Pound Rallies Against US Dollar on Weak US Data
The British pound today rallied to new highs against the US dollar after the release of disappointing US durable goods orders. The pound had hit daily lows after the Chancellor of the Exchequer, Philip…