• Reyker Securities Plc was placed in Special Administration

    On Tuesday 8 October 2019, the Court appointed Mark Ford, Adam Stephens and Henry Shinners, all of Smith & Williamson LLP, as Joint Special Administrators of Reyker Securities Plc, following an application by the directors.  The Special Administrators will work with the Financial Services Compensation Scheme to determine the position and will provide further updates....

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  • FXCM Pro has announced a technology partnership with Flextrade

    FXCM together with Flextrade announced a technology partnership for FXCM’s institutional business and Flextrade’s “MaxxTrader” solution. FXCM through FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FlexTrade Systems is the...

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  • CMC Markets has become a St Kilda Football Club Sponsor

    Australian Football Club St Kilda has announced a sponsorship with the CMC Markets as shorts sponsor for the next three years starting in the 2020 season. Since launching in 1989, CMC Markets has become a leading global provider of online trading, offering access to the markets in the last year to over 176,000 active clients...

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  • FP Markets received Best Global Forex Value Broker Award

    Global Forex Awards 2019, which was held in Limassol, Cyprus this year on 4 October, announced its results and awarded FP Markets the Best Global Forex Value Broker Award. The Global Forex Awards is an international event, which celebrates the best performing forex businesses and brands on a global and regional basis. Global Awards schedules...

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  • eToro signed a sponsorship with the Ultimate Fighting Championship

    The global multi-asset trading platform eToro has signed a new partnership with the Ultimate Fighting Championship (UFC), the world’s premier mixed martial arts organization. According to a six-month agreement that starts with the UFC 243 event and will take place in Australia and New Zealand, eToro will perform the duties of the official online trading...

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  • CySEC has reached a settlement with FxNet company

    The Cyprus Securities and Exchange Commission (CySEC) has announced that it has reached a settlement with Cyprus Investment Firm FXNET Ltd.  The settlement reached with the company, for the possible violations of The Investment Services and Activities and Regulated Markets Law, is for the amount of €60.000. The Company has paid the amount of €60.000....

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  • Brokerage firm AFX Markets goes into administration

    The UK Financial Conduct Authority has confirmed the appointment of special administrators at the AFX Markets after ceasing its trading activities.  The FCA has announced that, on August 27, 2019, the High Court of Justice of England and Wales appointed special administrators to AFX Markets Limited. AFX Markets Limited (AFX Markets) is a UK registered...

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  • ACY Securities sponsors ITTA

    ACY Securities has announced that it will support The Inter-university Table Tennis Association (ITTA) as a major sponsor for their upcoming 2019 flagship event. ITTA is a not-for-profit student run organisation with the aim of promoting the sport of table tennis across Australia and beyond.  Justin Pooni, Head of Marketing & Communications said that ACY...

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  • ASIC proposes ban on the sale of binary options and CFDs

    ASIC has released a consultation paper Product intervention: OTC binary options and CFDs on proposals to use its product intervention power to address significant detriment to retail clients resulting from over-the-counter (OTC) binary options and CFDs. The Australian market for binary options and CFDs is growing rapidly, with the number of clients more than doubling...

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  • Cypriot regulator reaches €300,000 settlement with Banc de Binary

    A settlement has been reached with the Banc De Binary Ltd for possible violations of The Investment Services and Activities and Regulated Markets Law of 2007. More specifically, the settlement reached relates to the assessment of the Company’s compliance, at the time it was authorised, with its CIF authorisation, compliance with the conditions under which...

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