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Ex NYSE LIFFE Executive Joins HKEx As CEO Of LME, Whilst Deputy Resigns 27 Aug 2013 | 03:07 pm
HKEx has today announced the appointment of Garry Jones as CEO of the London Metal Exchange division of the group, whilst Diarmuid O’Hegarty, LME’s Deputy Chief Executive tenders his resignation. Read...
Plus500 Posts First Financials After IPO; Revenues Rise 47% 27 Aug 2013 | 12:29 pm
Fresh after raising $75 million on the London Stock Exchange’s AIM marketplace in July, the CFD and FX broker has released its first financial report, with revenues and net profit both seeing sharp ga...
US Authorities Ban PFG Auditor Permanently One Year After Firm Failure 27 Aug 2013 | 12:14 am
The US Commodity Futures Trading Commission has today announced that it has issued a permanent ban against Jeannie Veraja-Snelling, an external auditor and accountant acting for PFG at the time of its...
Tradition Releases H1 2013 Financials – 66.6% Increase In Net Profit YoY 26 Aug 2013 | 09:52 pm
Compagnie Financiere Tradition has today announced its financial results for the first half of 2013. Whilst profit is up 66.6% YoY, non-IFRS revenue took a downturn of 4.4% over last year’s figure. Re...
Takeaways From Saxo Bank Half Year Financials 26 Aug 2013 | 06:17 pm
Following a weak 2012, Saxo Bank released encouraging first half 2013 financials last week. Today we take a look a three areas of focus that affected the firms earnings positively and mark their direc...
BIS Report on OTC Derivatives: Just How Much Does Market Reform Cost? 26 Aug 2013 | 05:26 pm
A group of 29 institutions and authorities published a report on the effects of regulatory steps on the centralized clearing market, and sent reassuring signals about the collaterals needed to fund th...
Dubai Based, MMA Forex Owner Detained on Allegations of Fraud 26 Aug 2013 | 04:11 pm
In a story that began late last year, and escalated six months ago, investors of Dubai based MMA Forex have begun to take matters in their own hands after the broker has refused to pay back deposits. ...
Manage Your Risks, Mate! RocoForex Forced To Submit To Additional Conditions By ASIC 26 Aug 2013 | 12:50 pm
Australia’s regulatory authorities continue reap value from its surveillance systems in unearthing compliance irregularities. Today, ASIC imposed additional license conditions onto RocoForex for risk ...
CySEC Withdraws Notice on Soliciting Non EU Clients for CIFs 23 Aug 2013 | 11:03 pm
In a surprise move, the Cypriot financial regulator has issued a notice about the way regulated firms market and solicit non EU clients. The regulators earlier claim has been revoked that outlawed fir...
FXPRIMUS Looks East – Representative Office Opened In Shanghai 23 Aug 2013 | 07:11 pm
The Far East continues to be a region of significant value to overseas brokers, with many opening representative offices in China. Today, FXPRIMUS announces the opening of its representative office in...
