Search Results for: Forex

Playtech forays into FX trading market with $224 million buy

April 2nd, 2015 (0)
Gambling technology company Playtech (PTEC.L) is set to enter the forex trading market after agreeing a deal to buy a majority stake in TradeFX for 208 million euros ($224 million). Playtech provides software used in sports betting and online ...

GAIN Capital completes acquisition of City Index

April 2nd, 2015 (0)
GAIN Capital Holdings, Inc. (NYSE: GCAP) (the “Company” or “GAIN Capital”) today announced it has completed the acquisition of City Index (Holdings) Limited (“City Index”), a leading online trading firm specializing in contracts for difference (CFDs), forex and UK ...

ASIC has suspended the Australian financial services (AFS) licence of FX provider AGM Markets Pty Ltd (AGM)

April 2nd, 2015 (0)
Following an investigation, ASIC has suspended the Australian financial services (AFS) licence of FX provider AGM Markets Pty Ltd (AGM). The move is part of ASIC’s ongoing crackdown on the margin FX industry and work around retail investment in ...

ASIC issues warning about Grandegoldens

March 30th, 2015 (0)
ASIC cautions Australian investors in the retail foreign exchange industry in regard to dealing with a company named Grandegoldens Pty Ltd (ACN 080 952 245). ASIC has become aware of a website, http://www.grandegoldens.com, that is offering services in the ...

Ruble Storms to 2015 Highs as Exporters Sell Off Foreign Currency

March 25th, 2015 (0)
The Russian ruble rose to new 2015 highs on Wednesday, shrugging off a decline in oil prices as Russian exporters continued to sell forex to pay monthly taxes. At 08:00 GMT, the ruble was 0.8 percent stronger against the dollar at 57.22, and 0.6 percent stronger at 62.66 versus the euro. The Russian currency ...

Bullion Capital Forecasts Surge in Demand for Physical Gold

March 24th, 2015 (0)
Bullion Capital, the world’s leading membership-based exchange for the trade of physical gold, silver and platinum, today announced that following the recent SNB events, they have experienced record expansion levels and predict a surge in physical gold acquisition and ...

The Autorité des Marchés Financiers (AMF) updates the list of unauthorised websites offering binary options trading

March 24th, 2015 (0)
The AMF is publishing a new updated list of websites offering binary options trading – last update was earlier this month – for which no authorised investment services provider could be clearly identified. The earlier version of this month is available ...

CySec: acquisition of CIF (Cyprus Investment Firms) licence

March 20th, 2015 (0)
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Royal Forex Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...

FXCM update regarding its Negative Balance Policy

March 20th, 2015 (0)
Forex Capital Markets Limited (FXCM UK), today announced that it will be updating its Negative Balance Policy for new and existing clients in the near future. Existing clients should expect to receive more details about the updated policy in ...

Dollar fights back after fall on Fed; Norwegian crown soars

March 19th, 2015 (0)
* Greenback higher vs euro after biggest fall in six years * Norwegian crown soars after rates kept on hold * Fed’s statement far less hawkish than market expected The dollar fought back across the board on Thursday after ...
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