Brokers News 

OANDA adds One Tap & Hold Trading option to mobile app for Android devices

“Multi-asset trading expert OANDA has earlier this month released a new version of the OANDA fxTrade mobile application for Android-based gadgets” reports financefeeds.com. In January this year, the OANDA fxTrade app for Android devices got equipped with a new Trading Performance tool available on traders’ live V20 trading accounts.OANDA’s fxTrade mobile app provides traders with access to live, real-time prices to trade major, minor and exotic instruments on CFD, forex, and precious metals markets.In the meantime, the broker is expanding the capabilities of its mobile app for iOS devices too. Source: financefeeds.com…

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Brokers Markets News Stocks 

In an age of regulation, what kind of broker are traders looking for? – Guest Editorial

“Traders need brokers, although they could probably survive without them, but without traders, brokers would simply cease to be” reports financefeeds.com. The Trading Room is slowly waking up with traders and salesmen taking up their positions.Those flashing lights on the trader’s keyboard represent calls from the broker either sniffing around for business, or with news of a potentially useful bid or offer.Personality is probably the strongest element that will determine whether you will or will not get on with a broker.By their very nature, by being in touch with all…

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Brokers Crypto News 

Coincheck may be acquired by Japanese online broker

“Japanese online broker Monex Group is in talks with Japanese cryptocurrency exchange Coincheck to take over the company” writes Lea Nonninger for businessinsider.com. Coincheck is likely unprepared to make changes to its management and operations after the hack.Coincheck suffered the largest crypto hack in history earlier this year, when $543 million in customer holdings were stolen from the exchange. Source: businessinsider.com Share This:

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Brokers Crypto News 

Bitcoin prices jump after Japanese online broker reportedly makes bid for a crypto exchange

“Bitcoin prices rose above $7,400 Tuesday after reports that Japanese online brokerage firm Monex Group is looking to take over a recently-hacked Japanese cryptocurrency exchange Coincheck” writes Kate Rooney for cnbc.com. “It’s a massive confidence boost, you now have a regulated public company in Japan buying into a crypto exchange,” Kelly said.Monex owns U.S.-based online brokerage TradeStation, which Kelly pointed out would now in one way or another, be attached to Coincheck.Shares of Monex also rose more than 23 percent on the Japanese stock exchange after the report.It also offers…

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Brokers News 

Morgan Stanley reportedly continued to employ a broker after it knew he was accused of violence against women

“Morgan Stanley kept on a star broker the bank knew faced multiple allegations of violence against former wives and girlfriends, The New York Times reported Wednesday” writes Rachael Levy for businessinsider.com. The report said the bank didn’t put him on leave until the Times reporter Emily Flitter called with questions this week. Source: businessinsider.com Share This:

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Brokers News 

E*TRADE Ranks in Top 10 of Barron’s Online Broker Rankings

“Take New York-based online brokerage E*TRADE for example” writes Donna Fuscaldo for investopedia.com. Despite the recent malaise in the stock market, the DIY investing trend isn’t slowing down, and the online brokerages know it.In Barron’s 23rd annual ranking of the best online brokers, E*TRADE Financial Corporation (ETFC) made it into the top 10, coming in at number seven with an overall score of 32.3. Source: investopedia.com Share This:

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Brokers Markets News 

Former FXCM officers face new lawsuit over causing broker to lose $750m in market capitalization

“In addition to the severe market capitalization loss, the actions of the individual defendants are also said to have caused other damage to the broker” reports financefeeds.com. The complaint was filed on Monday, March 19, 2018, by Ryan Spaulding, a stockholder of the broker.Following the events from January 15, 2015, the company was exposed to more than $276 million in negative customer balances.The Rights Plan adopted by the broker on January 30, 2015 was pretty self-serving, the complaint alleges. Source: financefeeds.com Share This:

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Brokers News 

FCA Flags Unregulated Binary Options Broker Operating Under Several Names

“The FCA is not the only government agency to move against binary options” reports financemagnates.com. The FCA has been quite active in policing binary options and in addition to regular warnings, it published in January a list of 94 firms that offer trading to UK consumers without authorisation.The regulator maintains a blacklist of binary option brokers based upon information received from consumers, partner agencies and from monitoring the online market.In line with practices across most of the EU, the FCA has brought certain types of binary options within its regulatory…

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Brokers News 

Is your broker really on your side? SEC action might force hand of advisers

“Now the Securities and Exchange Commission (SEC) is moving to bar stockbrokers and annuity sellers from masquerading as financial advisers” writes Mitch Tuchman for marketwatch.com. If the words are “financial adviser,” the feds could come calling with pointed questions.Quick question: What title does your financial adviser use?. It’s a big deal because for many years the SEC complained that moves by the Labor Department toward regulating advisers infringed on its jurisdiction. Source: marketwatch.com Share This:

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