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FXSpotStream + LiquidityFx module from smartTrade Technologies = 4x|Box
- The latest synergy in Foreign Exchange comes from combining two products from two different providers, from the technology and liquidity providing space, to create FX in a box, or 4X|Box, as was revealed today.
Wednesday, 30/04/2014 | 11:29 GMT by
Steven Hatzakis
Taiwanese Regulator to Punish Four Banks for Selling Complex FX Derivatives
- After the recent drop in the Yuan exchange rate, the Financial Supervisory Commission of the Republic of China announced it will penalise four banks including SinoPac Financial for not warning of FX risks.
Wednesday, 30/04/2014 | 10:49 GMT by
Avi Mizrahi
Exclusive: JFSA with ASIC to Prohibit Aussie FX Brokers from Accepting Japanese Residents
- Protectionism hits a new peak as Japan’s financial regulator forbids Australian brokers from accepting Japanese residents. The move comes as Japan’s restricted trading environment aims to eliminate ‘any’ leaks.
Wednesday, 30/04/2014 | 10:35 GMT by
Adil Siddiqui
PR: GlobalCollect to facilitate payments for new Aussie media streaming service
Wednesday, 30/04/2014 | 09:39 GMT by
FMAdmin Someone
Tradition Acquires Remaining Stake in Meitan Tradition from Central Tanshi in Japan
- After Central Tanshi in Japan divested its remaining interest, the business will be a wholly-owned subsidiary of Compagnie Financière Tradition which Acquired the leftover stake in Meitan Tradition Co. Ltd.
Wednesday, 30/04/2014 | 07:00 GMT by
Steven Hatzakis
Alpari UK 2013 Report Shows Improvements YoY, yet Expenses Offset Any Positive Net Profit
- The UK entity of the brand, recently filed its 2013 year with the UK Companies House, showing a net loss of £6.02M before tax, as revenue didn't suffice to turn a positive net profit despite a reduction in expenses.
Tuesday, 29/04/2014 | 16:54 GMT by
Steven Hatzakis
More Allegations of Bitcoin Censorship: This Time Youtube
Tuesday, 29/04/2014 | 16:03 GMT by
Leon Pick
Exclusive: Q1 2014 US FX Account Profitability Report, Less Traders but More Profits
- US retail forex brokers have issued their figures of client profitability and active account numbers for Q1 2014. During the quarter, 37.6% of traders were profitable, a 4.1% increase from Q4 2013.
Tuesday, 29/04/2014 | 14:08 GMT by
Ron Finberg
ASIC Mandate Necessitates DTCC Extension of Trade Reporting Service
- The Depository Trust & Clearing Corporation (DTCC) has launched an extended Global Trade Repository (GTR) service to market participants for OTC derivatives, with provisions for further asset-class expansion.
Tuesday, 29/04/2014 | 13:29 GMT by
Jeff Patterson
Deutsche Bank Income down 30% in Q1 2014, FX Revenues “Significantly Lower”
- Deutsche Bank Q1 Net Income before taxes declined 30% to €1.7 billion from the same period in 2013. Performance was affected by among items, what the bank called "significantly lower" revenues in Foreign Exchange.
Tuesday, 29/04/2014 | 12:38 GMT by
Ron Finberg
Close to 20 million users will be shut out of mobile bank transfer service
- Paym is launching its new UK mobile remittance and transfer service today. However, close to 20 million of its potential customer base will not have immediate access to the long awaited service.
Tuesday, 29/04/2014 | 10:40 GMT by
Avi Mizrahi
Ripoff or Settlement? Controversy Erupts Over SaveGox Proposal
Tuesday, 29/04/2014 | 10:20 GMT by
Leon Pick
Etsy launched a new mobile application for sellers
Tuesday, 29/04/2014 | 10:09 GMT by
FMAdmin Someone
Global Head of Foreign Exchange at Deutsche Bank Kevin Rodgers to Retire in June
- With the banking foreign exchange industry in dire straits, hobbies and academic interest take hold for Mr Rodgers after loyally serving for more than 15 years at the biggest German bank by assets.
Monday, 28/04/2014 | 23:57 GMT by
Victor Golovtchenko
Exclusive: Danske Bank Launches New Proprietary FX Platform - One Trader
- Danske Bank’s much awaited new singe bank FX trading platform has gone live. The Danish bank's new platform, One Trader, is a by-product of developments in the single bank platform market through advancements in web technology.
Monday, 28/04/2014 | 22:41 GMT by
Adil Siddiqui
Singapore Surpasses London for Second Top Offshore Yuan Clearing Destination
- Hong Kong retains its top position by a huge margin, with 72.4% of transactions in offshore Renminbi, as Yuan volatility picks up and demand for FX clearing services keeps rising in South-East Asia.
Monday, 28/04/2014 | 22:06 GMT by
Victor Golovtchenko
Exclusive: FXDD Closing in on a Possible Sale to a Major US Broker
- Forex Magnates has learned from multiple independent industry sources familiar with the development, that FXDirectDealer may be "very close" to striking a deal with a large US retail broker, soon to be revealed.
Monday, 28/04/2014 | 20:51 GMT by
Steven Hatzakis
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