Swiss online trading company Dukascopy is further expanding the range of crypto instruments for traders. New pairs Bitcoin Cash vs US Dollar (BCH/USD) and Stellar vs US Dollar (XLM/USD) have been added on JForex LIVE environment of Dukascopy Bank and Dukascopy Europe. The applicable leverage for this CFD type is 1:5 at Dukascopy Bank and…
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Refinitiv has announced client adoption and usage figures for the Refinitiv Term SONIA benchmark, a forward-looking, risk-free reference rate available in 1-month, 3-month, 6-month and 12-month tenors denominated in sterling and designed to be an alternative to LIBOR. Six months following the January 11, 2021 launch of Refinitiv Term SONIA benchmark there has been significant…
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Multi-asset trading and investment specialist Saxo Bank has released a new version of its OpenAPI, with enhancements made to a variety of Service Groups. A new version of the Performance resource has been added to the Account History service group. Performance – V4 simplifies the domain by splitting up the old “big report endpoint” into…
ICAP, part of TP ICAP Group, a leading provider of market infrastructure, today announces the launch of its newest electronic offering, SpotMatch. This is an advanced, fully automated Spot FX matching platform, which has been developed to meet client demand for an alternative and cost effective eMatching solution. The service will provide clients with access…
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Google is introducing further measures to help fight financial fraud in the UK. The Google Ads Financial Products and Services policy will be updated from 30th August to introduce new certification requirements for financial services advertisers targeting the UK. Financial services advertisers will be required to demonstrate that they are authorised by the UK Financial…
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The London Metal Exchange (LME) has notified market participants that, with effect from 30 June 2021, PhillipCapital UK Limited (PCL), has changed its category of Membership from Category 4 Membership to Category 5 Membership. The Exchange has approved PCL’s change in category of Membership from Category 4 Membership to Category 5 Membership. To the extent…
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The UK Financial Conduct Authority (FCA) has confirmed that Dolfin Financial (UK) Limited has entered special administration. On 30 June 2021, the Court appointed Adam Stephens and Kevin Ley, of Smith & Williamson LLP, as Joint Special Administrators of Dolfin Financial (UK) Ltd. The Joint Special Administrators will carry out an assessment of all the…
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As FX News Group has reported, in May 2021 Saxo Bank introduced CryptoFX: a new set of instruments that enables clients to gain exposure to the volatility of prices on cryptocurrencies like Bitcoin and Ethereum. Saxo Bank has also enabled its clients to use Saxo’s OpenAPI to trade with these new instruments. The Saxo team…
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FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers. The sanctions represent the largest financial penalty ever ordered by FINRA and reflect the scope and seriousness of the violations. In determining the appropriate sanctions,…
Online brokerage maverick firm Robinhood has announced another new feature which it hopes will be attractive to potential new (and existing) retail clients – the opportunity to participate in new IPO offerings, like professional and institutional investors. Robinhood said that as of today it is starting to roll out IPO Access, a new product that will…
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