Wednesday, February 17, 2016

Exclusive: eToro Strikes Partnership Deal With Russian Sberbank

Exclusive: eToro Strikes Partnership Deal With Russian Sberbank

Exclusive: eToro Strikes Partnership Deal With Russian Sberbank

Posted: 17 Feb 2016 02:09 PM PST

eToro has signed a joint venture agreement with the biggest Russian lender to provide its social trading services in the country.

Keep on reading: Exclusive: eToro Strikes Partnership Deal With Russian Sberbank

Jo Benton Joins Saxo Capital Markets as its Head of Marketing and PR

Posted: 17 Feb 2016 11:21 AM PST

Ms. Benton joins Saxo Capital Markets UK after working at GAIN Capital's UK branch for over four years.

Keep on reading: Jo Benton Joins Saxo Capital Markets as its Head of Marketing and PR

SWIFT Reconnects With Iranian Banks Following the Removal of Sanctions

Posted: 17 Feb 2016 08:56 AM PST

The Central Bank of Iran and participating banking subsidiaries have been reintegrated into SWIFT's global payments network.

Keep on reading: SWIFT Reconnects With Iranian Banks Following the Removal of Sanctions

How Plunging Oil Prices Affect World Business

Posted: 17 Feb 2016 08:21 AM PST

The current oil rout is the worst since 1970, with the price of oil slumping from $115 a barrel in the summer of 2014 to approximately $30 a barrel now.

Keep on reading: How Plunging Oil Prices Affect World Business

MtGox Investigation of Lost Funds to Continue as Claims Reach $23.6 Billion

Posted: 17 Feb 2016 08:20 AM PST

Almost 25,000 people have filed claims for about $24 billion, of which only about $225 million worth of claims have been dealt with so far.

Keep on reading: MtGox Investigation of Lost Funds to Continue as Claims Reach $23.6 Billion

#RIPTwitter: Can You Still Benefit from the Stock's Volatility?

Posted: 17 Feb 2016 08:13 AM PST

One overarching issue with Twitter over the past few years has been its reluctance to invest in mega-product development initiatives.

Keep on reading: #RIPTwitter: Can You Still Benefit from the Stock's Volatility?

FX Algo Trends: Stealth and Choice Drive Take-Up

Posted: 17 Feb 2016 07:35 AM PST

Adoption of FX algo products have been disappointing so far, but the dam's about to burst.

Keep on reading: FX Algo Trends: Stealth and Choice Drive Take-Up

Minneapolis Fed President Kashkari Warns on Big Banks’ Damage to US Economy

Posted: 17 Feb 2016 06:44 AM PST

"Now is the right time for Congress to consider going further than Dodd-Frank with bold solutions to solve this problem once and for all."

Keep on reading: Minneapolis Fed President Kashkari Warns on Big Banks' Damage to US Economy

NetOTC Promotes David Maloy to COO of its Global Operations

Posted: 17 Feb 2016 05:54 AM PST

In his new role as COO of NetOTC's global operations, Mr. Maloy will be tasked with the strategy, management and development of NetOTC's business.

Keep on reading: NetOTC Promotes David Maloy to COO of its Global Operations

Is 2016 the Year that Consolidation Hits the FinTech Market?

Posted: 17 Feb 2016 05:44 AM PST

Every wave of expansion in business is followed by a pullback, and financial technology will be no different. But it won't necessarily be a bad thing.

Keep on reading: Is 2016 the Year that Consolidation Hits the FinTech Market?

BitMEX Launches Leveraged China A50 Stock Index Trading with Bitcoin

Posted: 17 Feb 2016 05:02 AM PST

Are you a bitcoin trader looking for a way to short the inaccessible Chinese stock market? BitMEX now offers a way.

Keep on reading: BitMEX Launches Leveraged China A50 Stock Index Trading with Bitcoin

Apple Pay Set to Launch in China with 19 Bank Partners and China UnionPay

Posted: 17 Feb 2016 04:25 AM PST

In the battle of mobile payment systems, Apple is set to beat Samsung by launching in China first with Apple Pay, due for launch tomorrow.

Keep on reading: Apple Pay Set to Launch in China with 19 Bank Partners and China UnionPay

What Are the New Fees and Capital Requirements Required by Belize's IFSC?

Posted: 17 Feb 2016 04:13 AM PST

Belize's IFSC has rolled out a series of sweeping changes to its regulatory licensing feeds and capital requirements.

Keep on reading: What Are the New Fees and Capital Requirements Required by Belize's IFSC?

IIROC Hikes Margin Trading Requirement for Select CAD Crosses

Posted: 17 Feb 2016 03:51 AM PST

Starting from February 19, the margin requirements on the specific CAD crosses will be raised vs the CHF and JPY.

Keep on reading: IIROC Hikes Margin Trading Requirement for Select CAD Crosses

Special Report: Winklevoss Twins Help Bitcoin Exchanges Enter the Big Leagues

Posted: 17 Feb 2016 03:40 AM PST

"The 'institutionalization' of bitcoin trading is most definitely happening as we speak." Cameron Winklevoss, President of Gemini.

Keep on reading: Special Report: Winklevoss Twins Help Bitcoin Exchanges Enter the Big Leagues

Plus500 Promotes CEO of Australian Subsidiary Asaf Elimelech to Group CEO

Posted: 17 Feb 2016 03:27 AM PST

The co-founder and CEO of Plus500 Gal Haber will be stepping down from his position.

Keep on reading: Plus500 Promotes CEO of Australian Subsidiary Asaf Elimelech to Group CEO

Euronext FY2015 Net Profit Jumps 46% YoY, Attributed to Market Volatility

Posted: 17 Feb 2016 03:24 AM PST

FY results are announced by the operator of one of Europe's main exchanges handling over 1300 issuers with more than $3 trillion in market capitalization.

Keep on reading: Euronext FY2015 Net Profit Jumps 46% YoY, Attributed to Market Volatility

Tapping a New Market of Traders, BUX Closes $6.9m Funding Round Amid Strong User Growth

Posted: 17 Feb 2016 02:58 AM PST

Reaching 350,000 in registered users since launching at the end of 2014, BUX leverages growth to close a $6.9 million funding round.

Keep on reading: Tapping a New Market of Traders, BUX Closes $6.9m Funding Round Amid Strong User Growth

Plus500 2015 Revenues Grow 20%, Operating Margin Down 15%

Posted: 17 Feb 2016 01:32 AM PST

Plus500 will promote Asaf Elimelech to CEO, while Gal Haber retains a role as managing director.

Keep on reading: Plus500 2015 Revenues Grow 20%, Operating Margin Down 15%

Shares of FXCM Skyrocket 15% as Investors Anticipate Higher Q1 Revenues

Posted: 16 Feb 2016 01:34 PM PST

FXCM's shares have been trending higher in today's trading session on the NYSE.

Keep on reading: Shares of FXCM Skyrocket 15% as Investors Anticipate Higher Q1 Revenues

Sigma-Trading Goes Live with PFSOFT’s Protrader Platform for its Pro Clients

Posted: 16 Feb 2016 12:37 PM PST

The decision to launch the Protrader platform helps provide additional tools and requirements demanded by experienced traders.

Keep on reading: Sigma-Trading Goes Live with PFSOFT's Protrader Platform for its Pro Clients

FxPro to Deploy Solace Systems Messaging Products to Power its Infrastructure

Posted: 16 Feb 2016 09:39 AM PST

The new deployment of Solace powered solutions replaces the ActiveMQ, Kaazing and ZeroMQ products that FxPro had previously relied upon.

Keep on reading: FxPro to Deploy Solace Systems Messaging Products to Power its Infrastructure

Alpari UK Unsecured Clients to Get 75-80 Cents per USD, KPMG Costs £10.5 million

Posted: 16 Feb 2016 07:57 AM PST

KPMG's second bankruptcy progress report estimates client liabilities at $97.8 million.

Keep on reading: Alpari UK Unsecured Clients to Get 75-80 Cents per USD, KPMG Costs £10.5 million

XM Launches New ZERO Account For Users

Posted: 16 Feb 2016 05:53 AM PST

XM's new Zero Account builds on the group's existing suite of services and accounts, offering spreads as low as 0.

Keep on reading: XM Launches New ZERO Account For Users

More Money Spent on Less Money Laundered: The AML Big Data Story

Posted: 16 Feb 2016 04:28 AM PST

Fines and monetary settlements for banks not in compliance with AML regulations are growing, and surpassed $13.4 billion in 2014.

Keep on reading: More Money Spent on Less Money Laundered: The AML Big Data Story
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