Latest
Monex Group Inc on Track to Report Higher Y/Y Revenues in Q4
- The globally operating Japanese company Monex Group has been on track to deliver a higher net revenue figure during the fourth quarter of 2015 as the volatility across various asset classes has been much higher.
Tuesday, 24/03/2015 | 09:01 GMT by
Victor Golovtchenko
FXCM AU Deploys Updated Negative Balance Rules
- FXCM continues to amend its trading conditions post-SNB, the firm reported a revised policy for traders registered under its Australian regulated entity. The revisions will cover the first $50,000 of negative balances.
Monday, 23/03/2015 | 22:42 GMT by
Adil Siddiqui
Mobile Advertising on the Agenda for Gaming & FX Entrepreneur Teddy Sagi with Stake in glipsa
- A prominent figure in the world of currency trading and online gaming, Teddy Sagi, has extended his portfolio of companies to include a mobile advertising firm. The entrepreneur has acquired a 75% stake in glipsa.
Monday, 23/03/2015 | 21:26 GMT by
Adil Siddiqui
MCX-SX Adopts New Name in Clean-Up Exercise - The Name’s, Exchange, Metropolitan Exchange of India
- Indian multi-asset trading venue, MCX-SX changes name after gaining approval from Registrar of Companies, the exchange will continue to operate as the Metropolitan Stock Exchange of India Ltd.
Monday, 23/03/2015 | 20:39 GMT by
Adil Siddiqui
New LBMA Gold Price Fixing Still Leaves Only Six Market Makers
- Despite the launch of the new benchmark LBMA gold price fixing and the transparency of an electronic market making process, the number of banks bidding in the auction remains disappointingly low.
Monday, 23/03/2015 | 18:37 GMT by
Victor Golovtchenko
CWM FX Suspends Service after Leverate Cut All Ties to the Broker
- Forex Magnates has learned that Leverate notified clients of CWM FX that the broker was switching liquidity providers and that they needed to withdraw funds and would be able to redeposit when a new platform launches.
Monday, 23/03/2015 | 16:52 GMT by
Avi Mizrahi
Social Trading Network FX Stat Upgrades its FCA License
- The changes make FX Stat fully compliant with updated FCA social trading regulations and license the firm to be providing STP execution services in forex, futures, commodities and spread betting contracts
Monday, 23/03/2015 | 16:49 GMT by
Victor Golovtchenko
Former NYSE CEO Duncan Niederauer Joins Tera Group as Advisory Director
Monday, 23/03/2015 | 16:39 GMT by
Leon Pick
Discussing Design Based Data Messaging Integration with Volante Technologies
- Wth the release of their latest messaging integration software, version 5.1, Forex Magnates spoke to Fiona Hamilton, VP Europe and Asia at Volante Technologies to learn more about the upgrade.
Monday, 23/03/2015 | 15:17 GMT by
Ron Finberg
After SNB Boost, CLS Daily FX Volumes Went Back Down 16.5% in February
- Last month, CLS revealed it experienced a 16% jump in volumes on the back of the SNB crisis. The new data shows that the FX market returned to normality in February without the extreme market volatility seen in January.
Monday, 23/03/2015 | 15:00 GMT by
Avi Mizrahi
DMM FX Australia Goes against Higher Margin Requirements Trends
Monday, 23/03/2015 | 14:08 GMT by
Victor Golovtchenko
Skrill Bought by Rival Payments Provider Neteller for €1.1 Billion
- Optimal Payments Plc (LSE: OPAY), the group behind the popular NETELLER payment solution, has just revealed it would buy rival Skrill Group for a sum of about €1.1 billion in order to expand its online services.
Monday, 23/03/2015 | 12:29 GMT by
Avi Mizrahi
Rising Global Stock Indexes Plus Dollar Momentum Triggers Demand for Currency Hedging
- Investors in Japanese and European stocks are benefiting from bull markets in those regions but the dollar's strength against the euro and yen is biting into gains. The solution, currency hedged funds.
Monday, 23/03/2015 | 11:57 GMT by
Ron Finberg
LCH.Clearnet Promotes Frank Soussan to Global Head of CDSClear
- Global clearinghouse, LCH.Clearnet Group, has appointed Frank Soussan as its newest Global Head of CDSClear, whose appointment will be effective as of 1 July, 2015, succeeding Gavin Wells.
Monday, 23/03/2015 | 11:30 GMT by
Jeff Patterson
Popular European Crowdfunding Site FundedByMe Piloting €400k Investment Round in Safello
Monday, 23/03/2015 | 10:11 GMT by
Leon Pick
Ken McCarney Promoted to CEO of Mitsubishi UFJ Fund Services
- Asset administrator Mitsubishi UFJ Fund Services, a subsidiary of Mitsubishi UFJ Trust and Banking Corporation, has appointed Ken McCarney as its newest Chief Executive Officer (CEO), following a lengthy tenure as the bank’s COO.
Monday, 23/03/2015 | 09:59 GMT by
Jeff Patterson
Insolvency Specialist Answers Alpari UK, LQD Markets Clients' Questions
- When will clients get their funds back, from whom should they claim and what fate awaits overseas traders? Forex Magnates provides all the answers by David Leibowitz, partner at Berwin Leighton Paisner LLP.
Monday, 23/03/2015 | 06:58 GMT by
Guest Contributors
What the Future Holds for FXCM After The SNB Crisis?
- Though FXCM erred enormously by not increasing EUR/CHF margin, this episode will forever burn into their collective psyche the necessity of smart risk management, says PoseidonFX co-founder Alex Boyd.
Sunday, 22/03/2015 | 15:16 GMT by
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