Latest
Banks Keep Tightening FXPB Offering as Risk Profiling Takes Centre Stage
- In one ramification of the CHF crisis, firms operating in the leveraged products space are facing an uphill struggle in their bid to take heed of a bank's PB services, as new emerging players try to fill in the gaps.
Wednesday, 18/03/2015 | 23:35 GMT by
Adil Siddiqui
Alpari UK’s Administrator KPMG Clarifies Client Money Pool Currency Issues
- KPMG has updated its Alpari portal with information about currencies used in the special administration. The administrator cited reports in Forex Magnates and wanted to clarify the position for traders.
Wednesday, 18/03/2015 | 21:04 GMT by
Adil Siddiqui
Saxo Bank's Co-CEO Kim Fournais: Equity Traders Surpass Forex in 2014
- Forex Magnates' reporters spoke to Founder and co-CEO of Saxo Bank, Kim Fournais, about the company’s performance in 2014 and the challenges of January which the brokerage faced after the EUR/CHF floor removal.
Wednesday, 18/03/2015 | 19:37 GMT by
Victor Golovtchenko
Stephonomics: AUD Insider Trading, or Just Plain Trading?
- With 30 years of industry experience, Stephen A. Simonis presents his view about current events and their past parallels. Read and learn what he has to say about the AUD, scapegoats and Zuccotti Park.
Wednesday, 18/03/2015 | 19:30 GMT by
Stephen Simonis Senior
Multi-Asset Class Traders to Benefit from Enhanced Prodigy Platform – One for All
- IKON’s flagship trading platform gets makeover with new functionality that supports traders with diversified portfolios. A recent upgrade has consolidated trading instruments into one thus offering a one-stop solution.
Wednesday, 18/03/2015 | 19:30 GMT by
Adil Siddiqui
Exclusive: Former Yukos CEO Buys 12.5% Stake in Leverate
- Forex Magnates discovered that the high-ranking Russian-American oil man has been appointed as a director, amid a share reshuffle in Leverate starting when Saxo Bank relinquished its 25% ownership.
Wednesday, 18/03/2015 | 19:20 GMT by
Avi Mizrahi
Dark Net Drug Market Evolution Disappears with Over $12 Million in Bitcoin
Wednesday, 18/03/2015 | 15:10 GMT by
Leon Pick
Stephen Leahy Appointed as Chief Operating Officer at FXPrimus
- Stephen Leahy, has parted ways with oneZero Financial Systems after nearly two years in a senior position, taking up the position of Chief Operating Officer (COO) at FXPrimus in an expanded global role.
Wednesday, 18/03/2015 | 15:03 GMT by
Jeff Patterson
Borsa Istanbul Acquires LME's Share of Clearing House LCH.Clearnet
- Under the terms of the agreements, the LME will work with the Turkish exchange to develop future products. Borsa İstanbul will also have the right to disseminate real-time pricing data from the LME and HKEx.
Wednesday, 18/03/2015 | 14:37 GMT by
Avi Mizrahi
FXCM Europe CEO Presents the CBIB Index ("Central Bank Is Bluffing")
- Brendan Callan, the CEO of FXCM Europe, is looking for the recent SNB crisis' George Soros and offers an inventive possible way to predict when another such central-bank-breaking event might occur.
Wednesday, 18/03/2015 | 14:08 GMT by
Guest Contributors
CME Group Still Eyeing GFI’s Electronic Trading Assets?
- Does the CME Group still have their eyes on GFI Group’s electronic trading assets after getting outbid by BGC Partners? According to a report, CME Group is in discussions with BGC to acquire assets from GFI.
Wednesday, 18/03/2015 | 14:04 GMT by
Ron Finberg
Citigroup and Barclays Set to Pay $800 Mln More for FX Manipulation
- After settling with regulators, big banks have been engaged in reaching a consensus with private entities who filed lawsuits in the aftermath of the FX fixing manipulation investigation results last year.
Wednesday, 18/03/2015 | 12:21 GMT by
Victor Golovtchenko
The Swiss National Bank Meeting Is Flying under the Radar
- General consensus is for the SNB to leave rates on hold as it awaits to assess the impact on the Swiss economy from its shock dropping of the EUR/CHF base at 1.2000 and the negative interest rates taken in January.
Wednesday, 18/03/2015 | 12:08 GMT by
Matthew Clark
Thomson Reuters Spot FX Volumes down 15.6% in February to $114 Billion
- Thomson Reuters Spot FX and total FX average daily volumes were lower by 15.6% and 10.8% respectively, compared to January's trading levels as volatility from the Swiss franc wore off.
Wednesday, 18/03/2015 | 11:38 GMT by
Ron Finberg
Citibank Enlists Lum Choong Yu as Hong Kong Head of Lending
- Citibank (NYSE:C) has added to its Hong Kong Operations, recruiting Lum Choong Yu as its newest head of Hong Kong Cards business and unsecured lending, whose appointment is effective immediately.
Wednesday, 18/03/2015 | 11:06 GMT by
Jeff Patterson
Dataminr Grabs $130 Million in Funding as It Expands Customer's Base Beyond Finance
- Real-time information discovery provider, Dataminr, announced that they have closed a $130 million funding round to expand the sectors they service as usage of their products has grown.
Wednesday, 18/03/2015 | 10:57 GMT by
Ron Finberg
Breaking: Alpari Looking to Establish New EU Licensed Subsidiary
- The firm is already looking to hire a managing director for a subsidiary to be based in the EU, targeting clients mainly from Eastern Europe, where the brand has been actively promoting its services in the past.
Wednesday, 18/03/2015 | 10:32 GMT by
Victor Golovtchenko
GMEX Group Shakes up Board Chairmanship, Adding Sandy Broderick
- Global Markets Exchange (GMEX) Technologies, part of GMEX Group, has appointed Sandy Broderick as its newest non-executive director to its board, bringing over 25 years of experience in the industry to the role.
Wednesday, 18/03/2015 | 09:26 GMT by
Jeff Patterson
Pepperstone Taps ex-AxiTrader Veteran, Phil Horner as General Manager
- Australian foreign exchange broker Pepperstone has recruited ex-AxiTrader executive Phil Horner as its newest General Manager, where he will be based out of Melbourne following a lengthy stint in the Aussie industry.
Wednesday, 18/03/2015 | 09:08 GMT by
Jeff Patterson
Stock Market Simulation App TradeHero Partners OANDA to Add Forex
- The trading gamification app is adding foreign exchange and precious metals feeds though a partnership with OANDA, boasting an impressive presence in Southeast Asia in trading related mobile applications.
Wednesday, 18/03/2015 | 08:22 GMT by
Victor Golovtchenko
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