HYCM Seals European Presence With CySEC Regulation
HYCM, an FCA-regulated global leader in online capital markets trading, has confirmed that its Cyprus-based entity HYCM Europe is licenced and regulated by the Cyprus Securities and Exchange Commission (CySEC). The status is now reflected on the company website.
CySEC is Cyprus’s financial regulator which...
BCS Forex, Instaforex, Liteforex And Other Brokers Launched Metatrader 5
The migration of brokers to MetaTrader 5 is underway. A number of notable market participants, including BCS Forex, InstaForex and LiteForex, have recently announced the launch of the multi-asset platform with hedging. In addition, Binary Limited, Benchmark Finance, MIB700 and other brokers have started offering...
Alpari’s trading turnover in 2017 exceeded 1.3 trillion USD
The international financial Alpari brand’s trading turnover in 2017 exceeded 1.3 trillion USD, marking a 29% increase on 2016. This was largely a result of growth in trader and investor activity, high volatility on currency markets, improvements to our product line, the development of...
IHS Markit Reports Fourth Quarter and Fiscal Year 2016 Results
IHS Markit Ltd. (Nasdaq: INFO), a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide, today reported results for the fourth quarter ended November 30, 2016.
Revenue of $874 million, including organic revenue growth of 1...
Vantage FX Launches the Latest Version of MetaTrader 5 (MT5)
With MetaQuotes edging brokers toward making the hard switch to MetaTrader 5 (MT5), Vantage FX has decided to re-introduce the next generation MetaQuotes platform to our clients alongside MT4 immediately.
Vantage FX clients who migrate across to the MT5 platform will gain access to the...
SEC Files Charges in $26 Million Stock Manipulation Scheme
The Securities and Exchange Commission today charged two New Jersey-based traders with manipulating more than 2,000 NYSE- and NASDAQ-traded stocks and reaping more than $26 million in profits from their successful trades.
The SEC alleges that Joseph Taub and Elazar Shmalo utilized dozens of accounts...
CFTC Charges Arizona Resident Cory Williams and His Company, Williams Advisory Group, LLC, with Fraudulently Soliciting and Receiving at Least $13 Million in Commodity Pool Scheme
The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the District of Arizona against Cory Williams of Gilbert, Arizona, and his company, Williams Advisory Group (WAG) (collectively, Defendants), charging them with...
ANZ – David Plank appointed Head of Australian Economics
ANZ today announced that David Plank will join as Head of Australian Economics reporting to Richard Yetsenga, ANZ Chief Economist.
Mr Plank joins ANZ from Deutsche Bank, where he held the positions of Head of Fixed Income and Credit Research Asia Pacific and Head of...
Axioma Names Former UBS Delta Executive Ian Lumb Managing Director, Head of Risk Solutions
Axioma announced today the appointment of Ian Lumb as Managing Director, Head of Risk Solutions, a newly created position. Lumb was previously Global Head of UBS Delta, the portfolio analysis and risk management system recently acquired by StatPro.
“Ian brings to Axioma in-depth expertise in...
Prime of prime brokerage Stater Global Markets launches
Ramy Soliman has been appointed chief executive of the new London-based prime of prime brokerage, Stater Global Markets.
Soliman is a well-known industry figure, with over a decade of experience in senior sales roles at Citi, IG and Integral.
Backed by Stater Holdings in New Zealand,...
