Latest
Swiss Currency Crisis Extends - FX Broker Excel Markets Forced to Close Shop
- New Zealand regulated broker-dealer, Excel Markets, has reported that it will be halting operations. The STP broker was unable to meet client losses held at its liquidity providers.
Thursday, 15/01/2015 | 23:49 GMT by
Adil Siddiqui
CHF Mishap Results in CFD Brokers Altering Their Margin Requirements on Swiss Share CFD
- CFD providers were forced to amend their margin requirements for CFDs on Swiss stocks. London-based CFD firm, Ayondo, increased the margin on Swiss equity CFDS to 10% as market volatility drove down prices.
Thursday, 15/01/2015 | 22:00 GMT by
Adil Siddiqui
GAIN Capital and Plus500 Report ‘No Material Impact’ from Swiss Franc Volatility
Thursday, 15/01/2015 | 21:05 GMT by
Ron Finberg
BGC Responds to CME for GFI Acquisition - Raises Contingent & Non-Contingent Offers
- The on-going battle between financial giants, BGC and CME, for the purchase of GFI continues, with 3 offers within a 48-hour period. BGC countered CME’s latest offer and increased its all-cash tender offer to $5.85 and $5.75 per share.
Thursday, 15/01/2015 | 19:21 GMT by
Adil Siddiqui
Dukascopy Bank Starts Offering CFDs to Its White Labels
Thursday, 15/01/2015 | 18:56 GMT by
Victor Golovtchenko
BitQuick Goes MultiSig, Partners with BitGo for Its P2SH Addresses
Thursday, 15/01/2015 | 16:27 GMT by
Leon Pick
Industry Impact: Swiss Black Swan Storms through Currency Markets
- After the Swiss National Bank threw a bomb at the forex markets once in September 2011, today it has done it again, causing a Black Swan event of epic proportions, which could prompt a number of industry-wide changes.
Thursday, 15/01/2015 | 16:23 GMT by
Victor Golovtchenko
HotForex Launches ZuluTrade for Binary Options at Its OptionTrade Brand
- Only last month, December 2014, ZuluTrade went live with its binary options collaboration with SpotOption and we are now starting to see first the SpotOption brokers, OptionTrade, adopting the service.
Thursday, 15/01/2015 | 15:26 GMT by
Avi Mizrahi
CME "Sees and Calls" BGC Partners, Matches Offer of $5.60 per Share for GFI
- This new offer price represents more than an 80% premium above the closing price of $3.11 per share for GFI Group common stock as of July 29, 2014, the last day of trading prior to the announcement of the CME transaction.
Thursday, 15/01/2015 | 14:36 GMT by
Avi Mizrahi
Breaking: IG Group Facing Losses up to £30 Million, Tip of Industry CHF Volatility Losses?
- The first brokerage to publicly announce unforeseen losses from the extreme volatility event after this morning's Swiss franc debacle induced by the SNB, was London Stock Exchange listed IG Group.
Thursday, 15/01/2015 | 14:33 GMT by
Victor Golovtchenko
Flash Crashes, Important Reminders and Daily Market Update
- We are happy to launch a daily series with our latest guest contributor on board, FX Analytics' John Putman II. John will share his analysis providing both live updates and his own insights about the market.
Thursday, 15/01/2015 | 14:29 GMT by
FMAdmin Someone
EUR/CHF Crash Leads Brokers to Halt Trading in CHF Pairs
- At FXCM, the prices of CHF crosses have not been updated from about 4:30am Eastern US Time. Support representatives are advising clients who were negatively impacted to log audits using the subject line, “Price freeze.”
Thursday, 15/01/2015 | 14:03 GMT by
Avi Mizrahi
Fortress Prime Appoints Saad Sidat as International Sales Manager – MENA
- Fortress Prime has fortified its sales division by appointing specialist Saad Sidat as its newest International sales manager for the Middle East and North Africa (MENA) region.
Thursday, 15/01/2015 | 13:20 GMT by
Jeff Patterson
Ulbricht Trial Day 2: Undercover Agent Says He Was a Buyer, Seller and Moderator on Silk Road
Thursday, 15/01/2015 | 13:13 GMT by
Leon Pick
Trader's Perspective: Never Trust a Central Bank
- Given the latest decision by the Swiss National Bank to eliminate the exchange rate limit of 1.20 Swiss francs to the euro, our Guest Blogger and full time trader Vlad Gubernat shares his point of view with us.
Thursday, 15/01/2015 | 13:00 GMT by
FMAdmin Someone
Tullett Prebon Expands Information Business in Asia with Three New Hires
- Frank Desmond, managing director said: “Asia Pacific and the Middle East, in particular, present major business opportunities and it’s important that we deploy the right resources to realise our development plans.”
Thursday, 15/01/2015 | 12:42 GMT by
Avi Mizrahi
Pantera on Price Drop: Short Selling to Blame, but Venture Investment Taking Spotlight from Currency
Thursday, 15/01/2015 | 11:54 GMT by
Leon Pick
Manchester City Signs a Multi-Year Global Partnership Deal with FXPrimus worth $2 Million a Year
- The English Premier League champion football club has become the latest high profile sports team to announce an official partnership with a broker. The deal gives FXPrimus extensive marketing and promotional rights.
Thursday, 15/01/2015 | 11:19 GMT by
Avi Mizrahi
Was the Selloff in FXCM Shares Overdone following Their Q4 Guidance?
- Shares of FXCM were down nearly 11% yesterday after the broker announced that retail revenues per million dollars traded was lowered to around $70 from the $75-$80 range the broker had forecast to investors.
Thursday, 15/01/2015 | 10:38 GMT by
Ron Finberg
Litecoin (LTC/USD) Bounces Back after Nearly Falling below $1.00
Thursday, 15/01/2015 | 10:14 GMT by
Leon Pick
Breaking: EUR/CHF Nosedives as SNB Abandons Floor, Freezing Trading Platforms
- Trading platforms at a number of brokerages go haywire, with prices on the EUR/CHF ranging between 1.02 and 1.17, for the time being there is no definitive information on where the Swiss franc is trading to the euro.
Thursday, 15/01/2015 | 09:53 GMT by
Victor Golovtchenko
London Capital Group's Revenues Accelerated during the Fourth Quarter of 2014
- Revenues accelerated during Q4, with £13.9 million at the end of the third quarter ending 30 September 2014 and the balance of £8.6 million in the fourth quarter ending 31 December 2014.
Thursday, 15/01/2015 | 08:07 GMT by
Avi Mizrahi
FX Sales Veteran Francois Boisson to Succeed Steve Turner at UniCredit
- UniCredit has recruited the ex-BNP Paribas Head of Institutional FX Francois Boisson, naming him as its newest Global Head of Institutional FX Sales, whose appointment is effective immediately.
Thursday, 15/01/2015 | 00:06 GMT by
Jeff Patterson
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}