SEC Awards $3.5 Million To Whistleblower

The Securities and Exchange Commission today announced that a whistleblower has been awarded approximately $3.5 million for coming forward with information that led to an SEC enforcement action. “Whistleblowers do a tremendous service to the investing public and we will continue to reward those who...

FCA proposes stricter rules for contract for difference products

The Financial Conduct Authority (FCA) is today proposing stricter rules for firms selling ‘contract for difference’ (CFD) products to retail customers to improve standards across the sector and ensure consumers are appropriately protected. Contracts for differences, such as spread bets and rolling spot foreign exchange...

MetaTrader 5 web platform update: Two-factor authentication and password change

Following numerous client requests, we have improved protection of accounts against unauthorized access in the MetaTrader 5 web platform. The enhanced protection includes the two-factor authentication using one-time passwords and the ability to change master and investor passwords. In order to enable the two-factor authentication, launch...

XM Company News – Important Notification – Italian Constitutional Referendum

We would like to inform you that the upcoming Italian Constitutional Referendum, which will take place on the 4th of December 2016, will possibly lead to increased market volatility, thin market liquidity, abnormal spreads and price gaps in EURO currency pairs and stock markets. In...

Polish Financial Supervision Authority approves Warsaw Stock Exchange Prospectus

PFSA has approved the WSE series D and E bond prospectus. WSE will issue up to 1.2 million bearer bonds with a nominal value of PLN 100 per bond. The bonds to be issued are series D and E and will be introduced to...

Neil McDonald appointed Oanda head of trading

OANDA, a global leader in online multi-asset trading services, has announced that Neil McDonald has joined the firm as Global Head of Trading and Quantitative Analytics. Based in New York, Neil will be responsible for driving the strategic growth of OANDA’s electronic trading business as...

CME Clearing Europe Approved as a Derivatives Clearing Organization by CFTC

CME Clearing Europe, CME Group's London-based clearing house, today announced that the U.S. Commodity Futures Trading Commission (CFTC) has registered it as a derivatives clearing organization (DCO) which allows it to clear swaps for US customers of US Futures Commission Merchants (FCMs). As both an...

FINRA Sanctions Merrill Lynch $7 Million for Inadequate Supervision of Securities-Backed Leverage in Customer Brokerage Accounts

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Inc. $6.25 million and the firm will pay approximately $780,000 in restitution for inadequately supervising its customers’ use of leverage in their Merrill brokerage accounts. Merrill “loan...

CySEC Blocking Brokers Bonuses on FX, CFD and Binary Options ! Leverage at 1:50?

On November 30 Cypriot regulator of financial markets (CySEC) ,under whose license (CIF) operates a number of European brokers, referred to the October document the ESMA regarding the provision of brokerage services. The latest publication includes many important points which could have a clear...

Alpari becomes a licensed Forex dealer in Russia

On 28th November, 2016, the central bank of the Russian Federation finalised its decision to issue Alpari Forex Ltd. with a license granting the company the right to conduct its activities as a Forex dealer throughout Russia1. As such, Alpari is now an officially...

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