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CFTC Charges Melody Nganthuy Phan with Elaborate Forex Scheme Valued at $3.7 Million
- The CFTC has filed civil enforcement charges, among others, against Melody Nganthuy Phan and her congregation of three companies for a fraudulent foreign exchange scheme valued at over $3.7 million.
Thursday, 27/02/2014 | 23:00 GMT by
Jeff Patterson
U.K. Hot for Chinese Currency as IFC to Issue 1Billion RMB-based Bond in London
- As China's currency becomes internationlized, the largest issued bond coming from a Multilateral organization backed by 184 member countries is set to issue in March for 1 billion RMB ($165 Million) in London.
Thursday, 27/02/2014 | 22:41 GMT by
Steven Hatzakis
MtGox Bitcoins Found Or Just False Hope? Core Developer Rejects Encouraging Research
Thursday, 27/02/2014 | 22:24 GMT by
Ron Finberg
TradingScreen Appoints Peter Holmgren as Global Head of Sell-Side OMS
- Facilitating order routing and execution across a wide variety of markets and asset classes, to both the buy-side and sell-side, TradingScreen has hired Peter Holmgren to run its sell-side Order Management System business
Thursday, 27/02/2014 | 21:01 GMT by
Steven Hatzakis
Coinbase Announces its Millionth Consumer Wallet and 7592% Growth Since Jan 2013
Thursday, 27/02/2014 | 20:45 GMT by
Ron Finberg
Hub Culture Buys Stake in Public Alternet Systems Using Ven Currency
Thursday, 27/02/2014 | 17:13 GMT by
Ron Finberg
CME Group Expansion of FX Swap Offering: Taking Position Ahead of EMIR Mandate?
- Adding OIS, zero coupon swaps, FRAs, basis and variable notional swaps the development is seen as "a significant step for the European market as the timeline to mandatory clearing under EMIR approaches."
Thursday, 27/02/2014 | 16:54 GMT by
Avi Mizrahi
OANDA Website Back Online After "Experiencing Issues" with Network Service Provider
- Forex Magnates learned that OANDA.com was offline, due to an apparent technical disruption with their Network Service Provider, affecting access to their MT4 platform (server) and something they are trying to fix ASAP.
Thursday, 27/02/2014 | 16:14 GMT by
Steven Hatzakis
Tencent heats up Alibaba rivalry with rumored JD.com acquisition
Thursday, 27/02/2014 | 16:03 GMT by
FMAdmin Someone
Dutch startup brings Bitcoin payments to Google Glass
Thursday, 27/02/2014 | 13:34 GMT by
FMAdmin Someone
GAIN Capital Released Q4 Metrics, Net Revenue Increased by 37% over Q3
- The retail OTC FX trading volume reached $508.0 billion for GAIN Capital in the fourth quarter of 2013, a considerable increase of 28.7% from the third quarter's retail trading volume of $394.8 billion.
Thursday, 27/02/2014 | 13:20 GMT by
Avi Mizrahi
eBay heads $134 million round of investments for India based SnapDeal
Thursday, 27/02/2014 | 11:42 GMT by
FMAdmin Someone
FIX Protocol Adopted for the Trading Enablement Standardisation Initiative
- The benefits of TESI are applicable to the FX markets, "major FX broker-dealers and FX ECNs worked together to complete the global specifications for the use of TESI within the FX space at the end of 2013."
Thursday, 27/02/2014 | 08:20 GMT by
Avi Mizrahi
17.4% of Plus500 Shares up for Sale as Founders Propose Secondary Offering
- With shares of CFD broker Plus500 at an all-time high, the company has announced a proposed secondary offering by founders. Up for sale will be 20 million shares are 500p, for a total of £100 million.
Thursday, 27/02/2014 | 08:11 GMT by
Ron Finberg
Gold-i Synergy with FXecosystem Offers Outsourced Managed IT Service for MT4
- The latest outsourced brokerage technology comes in the form of a managed IT service that provides a hosted server environment, aided with the low latency connectivity, for MT4 brokers looking for a virtually run solution.
Thursday, 27/02/2014 | 07:29 GMT by
Steven Hatzakis
ITG Releases Smart Limit Algorithm, Targets HFT across FX and Derivatives
- ITG, a trading execution and multi asset-class broker, has announced the launch of its Smart Limit Algorithm, a specialized trading engine capable of a variety of passive and innovative functions.
Thursday, 27/02/2014 | 02:45 GMT by
Jeff Patterson
Lloyds Bank Suspends Trader Amidst Libor Manipulation, Others Return to Work
- The fx and benchmark fixing scandal has taken another turn as of late, this time via an announcement out of Lloyds Banking Group that a trader has been suspended following allegations of Libor manipulation.
Thursday, 27/02/2014 | 00:20 GMT by
Jeff Patterson
India's Ecommerce market to reach over $12 billion by 2016
Wednesday, 26/02/2014 | 16:49 GMT by
FMAdmin Someone
Japan Now Looking into MtGox, U.S. Federal Prosecutor Subpoenas
Wednesday, 26/02/2014 | 15:43 GMT by
Leon Pick
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