IS Prime is expanding into Hong Kong through the opening of an IS Prime Hong Kong Ltd office, Finance Magnates confirmed with a company spokesperson.…
Posts published in February 2017
ANZ Appoints Lynwen Connick, Mike Rider to New Senior Roles
Australia and New Zealand Banking Group (ANZ) made two new senior appointments today, installing Lynwen Connick as its Chief Information Security Advisor and Mike Rider…
Tickmill UK CEO: “Traders Are Becoming Increasingly Sophisticated”
Finance Magnates sat down with Duncan Anderson, the CEO of Tickmill UK, to speak about the challenges he is facing, the state of the online…
Invast Global Expands its Asian Prime Team with Two New Hires
Invast Global has announced the appointment of industry veterans Andrew Pal and Cassandra Lister as specialist consultants, further strengthening the firm’s Asian Prime Brokerage and…
Japan’s GDP Misses Expectations, Yen Trades Lower
The Japanese yen fell today (though it has pared the losses against the US dollar by now) as Japan’s gross domestic product missed analysts’ expectations. GDP increased by 0.2% in the fourth quarter…
Ringgit Falls vs. Dollar Despite Favorable Market Sentiment
The Malaysian ringgit fell against the US dollar together with most other Asian currencies (with the exception of the Taiwan dollar) even though the market sentiment was favorable to riskier assets. Asian…
FXCM Inc. (NASDAQ:FXCM) has sent its shareholders additional information regarding the costs associated with its US retail foreign exchange activities, which it has agreed to…
Tipalti CEO Explains How to Stay Ahead in the AdTech World
Chen Amit has joined supplier of payment automation platform Tipalti (Hebrew for ‘done/I have handled’) as CEO with vast experience as a high-tech executive and…
FXCM in Turmoil, China Attacks Bitcoin and Turkey’s War on Leverage – Best of the Week
The previous week brought us more unexpected turmoil for the foreign exchange trading industry. A surprise announcement about FXCM’s business practice in the US caused…
US Dollar Returns Appeal After Several Weeks of Decline
The US dollar rose during the past trading week after several weeks of decline. Hopes for tax reforms in the United States and political uncertainty in Europe made the greenback appealing to Forex traders. US…