Kraken launches Monero trading
Today Kraken is launching support for trading Monero (XMR). Monero is one of the leading cryptocurrencies that has seen huge 40x market cap growth in 2016 and trades with high volume and liquidity. Monero is built on the core principles of privacy, decentralization, open...
GAIN Capital Reports First Quarter 2017 Results
Reported GAAP net loss of $18.9 million, or $0.39 per share
Completed acquisition and integration of FXCM U.S. client assets, resulting in the transfer of over $140 million in client assets to the FOREX.com platform and nearly 13,000 active accounts in the quarter
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BGC Partners Agrees to Acquire 100 Percent of Berkeley Point Financial LLC
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it has agreed to acquire Berkeley Point Financial LLC.1 Berkeley Point is a leading commercial real estate finance company focused...
Nadex Launches Bitcoin Spreads
Nadex (North American Derivatives Exchange™) launched its new trading instrument, Nadex Bitcoin Spreads, at 8AM ET Monday, December 18, 2017.
Nadex Bitcoin Spreads allow retail traders to take short-term positions on the price of the cryptocurrency, Bitcoin, with risk-reward protections built into the trading instrument. These...
Former Head of Barclays New York Foreign Exchange Operation Indicted for Orchestrating Multimillion-Dollar Front-Running Scheme
The former head of Barclays Capital Inc.’s (Barclays) New York foreign exchange trading operation was charged yesterday in an indictment for his alleged role in a scheme to defraud a client of Barclays through a method commonly referred to as “front-running.” The charges relate...
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...
Daniel Michael Named Chief of Enforcement Division’s Complex Financial Instruments Unit
The Securities and Exchange Commission today announced that Daniel Michael has been named chief of the Enforcement Division’s Complex Financial Instruments Unit.
In his new role, Mr. Michael will lead a specialized unit of attorneys and industry experts who are located in offices across the...
CME Group Announces the Launch of Australian Wheat FOB (Platts) Futures Contract
CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of the Australian Wheat FOB (Platts) futures contract, to begin trading on July 24, 2017, pending all relevant regulatory review periods.
The Australian Wheat FOB (Platts) futures contract will be available for...
China and Australia to Cooperate on Fintech
The China Securities Regulatory Commission ('CSRC') and Australian Securities and Investments Commission ('ASIC') have entered into an agreement to promote innovation in financial services in their respective markets.
The Information Sharing Co-operation Agreement further underlines the significance of the broader Australia-China trade and investment relationship. China is Australia's...
PFSOFT enters Brazilian market with tailor-made solution based on Protrader
PFSOFT, the global fintech developer of multi-asset brokerage and trading solutions, has set up a fully functional branch office in Sao Paulo, Brazil. During the process of establishing presence in Brazil, PFOSFT integrated its brokerage solution Protrader with one of the world’s largest exchanges...
