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Bitcoin Picks: Bitcoin Industry Steps Closer to Regulatory Recognition in the UK
- Bitcoin fans will be pleased with activities over the last week in the world of virtual currencies. The sector witnessed a spree of favourable stories, notably the UK’s plan to investigate virtual currencies.
Saturday, 09/08/2014 | 00:09 GMT by
Adil Siddiqui
FXCM Reduces Its Credit Facility to $150 Million - Cites Strong Balance Sheet
- Despite a difficult quarter in operating metrics FXCM changes in the amount of credit it has, signalling favourable times for the broker, it also revealed the exact amount it paid for its recent acquisition of FXDD.
Friday, 08/08/2014 | 21:44 GMT by
Adil Siddiqui
Eurex Onboards New Members for FX Futures Despite Summer Slowdown in Activity
- German financial trading exchange’s entrance into the congested foreign exchange derivatives markets is gaining traction as new members show interest. Volumes have been slow but the exchange is upbeat on the product.
Friday, 08/08/2014 | 19:10 GMT by
Adil Siddiqui
FXCM Second Quarter Results Show Revenues down 30% YoY
- Listed FX and CFD brokerage firm, FXCM, has seen a sharp decline in trading revenues in the second quarter of 2014. Revenues were 30% lower YoY , however the firm saw client assets increase 10% year to date.
Friday, 08/08/2014 | 16:43 GMT by
Adil Siddiqui
Northern Trust Names Peter Jordan As Head of GFS - APAC
- Multi-asset wealth firm, Northern Trust Corp, has installed Peter Jordan as newest Head of its Global Fund Services (GFS) for the Asia-Pacific (APAC) region succeeding Camie West, who is relocating to the United States.
Friday, 08/08/2014 | 15:47 GMT by
Jeff Patterson
Coindera launches advanced cryptocurrency trading alert service
Friday, 08/08/2014 | 13:00 GMT by
Leon Pick
UK's Regulator FCA Warns against Dealing with Leveltrade Ltd
- The company fraudulently claims on its website that it is registered in the UK, while on the bottom part of its website a short piece of text reveals that the operator is registered in the St Vincent and Grenadines.
Friday, 08/08/2014 | 11:24 GMT by
Victor Golovtchenko
Total Volumes at Thomson Reuters down by 11%, Reporting Methodology Revised
- Thomson Reuters changes the methodology which it uses to present monthly FX volumes, aggregating data from Thomson Reuters Matching and FXall and providing an additional number representing spot FX trading.
Friday, 08/08/2014 | 10:28 GMT by
Victor Golovtchenko
Bitcoin Monthly Technical Analysis Courtesy of EddieTofpik, ADM Investor Services
Friday, 08/08/2014 | 09:46 GMT by
Ron Finberg
Payment Picks: Advances in the Payment Space and Ecommerce in General
- MasterCard releases its first debit cards in Zimbabwe, four quick tips to being PCI compliant, cybercriminals find a new loophole with White Label Shipping, and Google releases a new update to its SEO rankings.
Friday, 08/08/2014 | 08:50 GMT by
Victor Golovtchenko
Tullet Prebon's Chapdelaine FX Partners up with Gold-i to Offer FX Broker Liquidity
- Tullet Prebon's Chapdelaine FX division, is aiming to offer its spot FX liquidity via Gold-i's Gate Bridge to open the door for its institutional liquidity providers to international retail FX brokerages.
Friday, 08/08/2014 | 07:34 GMT by
Victor Golovtchenko
FXCM Publishes July Figures, Retail Customer Trading Volume Jumps 3.5% MoM
- FXCM has just released its July metrics, highlighted uneven Retail Customer Trading Volumes (3.5% growth MoM, -32% decline YoY), coupled with an all time high of Institutional Trading Volume of $262 billion.
Thursday, 07/08/2014 | 20:28 GMT by
Jeff Patterson
Morgan Stanley Poaches MD, Jane Bushey from Deutsche Bank
- Morgan Stanley has enlisted the services of former Deutsche Bank Managing Director Jane Bushey, adding her to its High-Yield Capital Markets division in Europe, reporting to Co-Heads Ian Gilday and Matt Naber.
Thursday, 07/08/2014 | 19:04 GMT by
Jeff Patterson
UK Regulator Financially ‘Abuses’ Market Abusers - Annual Fines Cross $580 Million in 2013
- The Financial Conduct Authority has been pressing down on fines against firms & individuals guilty of market abuse, according to a report. The total amount of fines handed out to offenders topped $572 million in 2013.
Thursday, 07/08/2014 | 18:52 GMT by
Adil Siddiqui
BNP Paribas Adds Veteran, Petra Wikstrom as Its Global FX Head
- BNP Paribas has appointed longtime foreign exchange standout Petra Wikstrom as its newest Global Head for FX in a move to help optimize the group’s FX strategy, quantitative, and execution solutions.
Thursday, 07/08/2014 | 17:54 GMT by
Jeff Patterson
Alpari Russia Enhances ECN Offering with New Trading Provisions
- FX and CFD broker, Alpari Russia, will be strengthening its institutional offering for traders. The firm will deploy a number of new trading conditions including better pricing and reduced transaction size.
Thursday, 07/08/2014 | 16:59 GMT by
Adil Siddiqui
CLS Group Reports July Figures, FX ADV Withers -9.8% MoM
- CLS Group’s settlement and aggregation service has reported its FX trading volumes for the month of July 2014, underscored by a sizeable decline of -9.8% in monthly volumes, coming in at 926,174 in July 2014.
Thursday, 07/08/2014 | 15:58 GMT by
Jeff Patterson
Litecoin Technical Analysis (LTC/USD): Litecoin hits 1-month low, threatening 2014 levels
Thursday, 07/08/2014 | 15:46 GMT by
Leon Pick
KVB Kunlun Reveals H1 Metrics, FX Income Collapses -49.1% over H1 2014
- Hong Kong-based KVB Kunlun has reported its interim results for the six months ending July 30, 2014, showing vastly underperforming forex income figures for the past three and six months.
Thursday, 07/08/2014 | 15:42 GMT by
Jeff Patterson
Regulatory Filing Reveals Blackrock Pushes Its IG Stake to above 5%
- Blackrock takes a position in IG Group worth $191 million at current market prices in what looks like a strategic position with the company increasing its trade from 4.3% to 5.01% of the total float.
Thursday, 07/08/2014 | 15:18 GMT by
Victor Golovtchenko
Dilbert’s Scott Adams Wants an End to Financial Advisors, Happening Already?
- Are financial advisors a scam? Dilbert’s Scott Adams thinks so. In a blog post earlier this week, Adams argues that stocks are negatively affected by risks being overstated due to poor results from advisors.
Thursday, 07/08/2014 | 14:55 GMT by
Ron Finberg
Saxo Bank Reports July Metrics, Monthly Volume Once Again in the Red
- Saxo Bank has just reported its July 2014 metrics, highlighted by declining monthly volumes on both MoM (-5.7%) and YoY (-20.9%) timeframes – nearly on par with its worst month of the year this past April.
Thursday, 07/08/2014 | 14:52 GMT by
Jeff Patterson
UBS Reorganizes, Creates New DCM Division Headed by Mike Davidson
- UBS AG has reorganized one of its divisions to help bridge the gap and foster cohesion between public and private entities, naming Mike Davidson as its Global Head of Debt Capital Markets and Client Solutions (DCMCS).
Thursday, 07/08/2014 | 14:09 GMT by
Jeff Patterson
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