Search Results for: forex
Rising Yen Passes 100 to Dollar
August 17th, 2016
The dollar fell to less than ¥100 during Tuesday’s trading for the first time since the immediate aftermath of the U.K.’s vote to leave the European Union. Traders said thin trading volume and stop-loss orders exaggerated gains in the ...
Certain financial derivatives such as binary options, CFDs with leverage will be restricted by FSMA
August 16th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the authority establishes a framework for the distribution of OTC Derivatives (Binary options, CFDs, etc.). According to FSMA’s announcement, the distribution of certain ...
A Cyprus Investment Firm agreed a settlement with the regulator of Belgium for 140.000 euros
August 11th, 2016
The Financial Services and Markets Authority (FSMA) of Belgium has issued an announcement to inform that the Cyprus regulated investment firm Rodeler Limited has agreed to settle with the Authority for the amount of euro 140.000. The agreed settlement ...
Could bitcoin change the game in Africa?
August 4th, 2016
In the wildest of claims, bitcoin – the virtual paperless and stateless currency transacted on the borderless internet – was going to tear apart traditional money transfer companies and help alleviate poverty. Accessing the multibillion-dollar remittance flows to Africa certainly has ...
Dollar steady, sterling waits for BoE rate cut decision
August 4th, 2016
The dollar held steady above a recent six-week low on Thursday, while sterling stayed in a tight range with expectations running high that the Bank of England will cut interest rates for the first time since 2009 in a ...
AMF bans Rodeler Limited (24option) from providing financial services in France
August 3rd, 2016
The Autorité des Marchés Financiers (AMF) has issued an announcement to inform that: The service provider Rodeler Limited (regulated by the Cypriot financial regulatory agency) offers access to binary options, particularly Forex, through the website “http://www.24option.com/fr” and does not ...
The Dubai government has shut down a foreign exchange trading firm
July 25th, 2016
The Dubai government has shut down a foreign exchange trading firm in Dubai pending further investigations. Officials from the Department of Economic Development (DED) closed the offices of Exential Group in Dubai Media City last week and ordered it ...
BCSC warns for a Cyprus based CFDs broker
July 22nd, 2016
The British Columbia Securities Commission (BCSC) has issued a warning to inform investors and public for XForex, owned and operated by XFR Financial Ltd, a CFDs broker (Contracts For Difference) based in Cyprus. According to the warning, the Commission became aware ...
Alpari trading turnover in June exceeds $78 billion
July 19th, 2016
Alpari has issued a press release to inform that its trading turnover for June stood at $78.7 billion. According to the company, practically all of the fall in this indicator in comparison with last month’s figures came from the ...
Romanian police reveal Israel links to illegal binary options firms
July 7th, 2016
Romanian prosecutors are set to try at least 10 individuals involved in alleged forex and binary options fraud who were operating illegally on Romanian soil, the country’s Police Directorate for the Investigation of Economic Crimes told The Times of ...
