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World's Largest Stock Exchange Just Got Bigger, NYSE/ ICE Deal Completed, Group Emerges
- The leading network of regulated exchanges and clearing houses for financial and commodity markets, now operates 23 market places covering 9,700 products and 17 million trades per day following its recent acquisition.
Wednesday, 13/11/2013 | 18:29 GMT by
Steven Hatzakis
Chinese Bitcoin Exchange GBL Goes Missing Along With $4.1 Million of Client Funds
- GBL, a Beijing based exchange claiming to be registered in Hong Kong, was suspected to be a fraud since its inception earlier this year, on the 26th of October shut down and 1000 investors lost their money.
Wednesday, 13/11/2013 | 17:39 GMT by
Avi Mizrahi
Exclusive: TRADOLOGIC Raises $10 Million From a Group of Strategic Investors
- An agreement to allocate 20% of TRADOLOGIC's shares will allow the binary options company to expand to Asia. Investors are said to be from Hong Kong, Russia, and a "sports betting industry" technology firm.
Wednesday, 13/11/2013 | 15:36 GMT by
Avi Mizrahi
Net U.S. Retail Forex Obligations Down $6M in September from $628M in August, Full Details
- from 11 reporting Retail Foreign Exchange Dealers,5 contributed to a $12.9 mln increase which was more than offset by a loss of the remaining six dealers whose amounts had fallen month-over-month by a combined $18.9 mln.
Wednesday, 13/11/2013 | 14:51 GMT by
Steven Hatzakis
Alpari UK CEO Daniel Skowronski Resigns, David Hodge Assumes Post
- Alpari UK has today announced the appointment of David Hodge as CEO of the company's UK operations, whilst existing encumbent Daniel Skowronski tenders his resignation following a successful tenure at the top.
Wednesday, 13/11/2013 | 14:41 GMT by
Andrew Saks McLeod
Obama Quick to Appoint Timothy Massad to Chair CFTC, as Agency Looses Key Executives
- Following departures at the CFTC, U.S. President Barack Obama announced yesterday the appointment of a new Chairman of the Commodities Futures Trading Commission, as his intention to maintain strict regulations remains.
Wednesday, 13/11/2013 | 14:16 GMT by
Steven Hatzakis
GETCO M&A Brings In $128M Net Gain As KCG Releases Amendment To Q3 Earnings
- KCG Holdings has today released an amendment to its previously posted figures for Q3 of 2013, to include the non-cash net gain of $128 million resulting from GETCO's investment in the company in June this year.
Wednesday, 13/11/2013 | 08:51 GMT by
Andrew Saks McLeod
ICAP Reports H1 Results For Fiscal Year 2013, Revenue Down 1% YoY to £736 Million
- One of the leading matching brokers of buyers and sellers in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks reports H1 2013 results.
Wednesday, 13/11/2013 | 08:05 GMT by
Steven Hatzakis
Life After PFG: Richard Clarke Appointed CTO At Direct FX Trading
- Richard Clarke becomes CTO at Direct FX Trading post-PFG.
Wednesday, 13/11/2013 | 06:51 GMT by
Andrew Saks McLeod
SecureNet partners with FoxyCart to offer payment processing to its merchants
Wednesday, 13/11/2013 | 00:00 GMT by
FMAdmin Someone
Telerik's Sitefinity adds support for PayPal and WorldPay
Wednesday, 13/11/2013 | 00:00 GMT by
FMAdmin Someone
Californian FX Fraudster Ordered To Pay $17 Million In Penalties, Plus Jail Term
- The US Commodity Futures Trading Commission has today announced that it has obtained a federal court order against FX fraudster Lyndon Parilla, who must pay $17 million, plus sit out a 97 month jail term.
Tuesday, 12/11/2013 | 20:27 GMT by
Andrew Saks McLeod
And The Winners Are....! Forex Magnates 2013 Award Ceremony Results
- Concluding the Forex Magnates London Summit this year was the annual award ceremony, during which companies judged to be the best in each of 15 categories were presented with an accolade by Michael Greenberg.
Tuesday, 12/11/2013 | 19:34 GMT by
Andrew Saks McLeod
Nittan Capital taps FENICS for Pricing and STP of FX Options Trades in Asia-Pacific
- Asia based provider of institutional and commercial Foreign Exchange inter-dealer brokerage services, chooses the GFI subsidiary that specializes in FX Options brokerage technology, to help streamline its offering.
Tuesday, 12/11/2013 | 18:52 GMT by
Steven Hatzakis
X Open Hub Powered Mirror Trader Platform Onboards First Broker
- X Financial Solutions has announced today that Aforex is the first broker to on-board Tradency's Mirror Trader with X Open Hub's brokerage suite providing the back end technology solution.
Tuesday, 12/11/2013 | 17:13 GMT by
Steven Hatzakis
London Summit's Professional Discussions to Conclude With Awards Ceremony
- Panel stirs fascinating discussions among top forex professionals during day 2 of Forex Magnates London Summit. Still to come are key-note speech, Elevator Pitch event and Forex Magnates Annual Awards Ceremony.
Tuesday, 12/11/2013 | 16:01 GMT by
Ron Finberg
IBFX Australia adds Spot Oil, Gold and Silver CFDs to TradeStation Platform
- The ASIC regulated entity under the global brand adds XTIUSD, XAUUSD and XAGUSD as spot CFD contracts to its staple platform as it expands its offering of tools that traders can use to diversify their portfolio.
Tuesday, 12/11/2013 | 15:30 GMT by
Steven Hatzakis
Faros M&A Details Announced As FXCM Reports Q3 Results
- According to FXCM's SEC quarterly report, the company provided an initial cash payment of $5 million and a follow-on payment to be made in 2015 will cloud bring the total purchase price to $15.6 million.
Tuesday, 12/11/2013 | 14:48 GMT by
Avi Mizrahi
Take a Look: Forex Magnates London Summit Pictures - Day One
- Photos taken during first day of Forex Magnates London Summit 2013, capture top forex professionals enjoy networking, panels and exhibition while wining and dining in one of London's most exclusive venues.
Tuesday, 12/11/2013 | 11:20 GMT by
Steven Hatzakis
EBS Announces Launch Of Full Commercial Service With 325 Customers On Board
- EBS has today announced the launch of its EBS Direct commercial service, which has gone live subsequent to evaluation and on-boarding of an initial 325 customers, 30 of which represent the non-bank segment.
Tuesday, 12/11/2013 | 10:15 GMT by
Andrew Saks McLeod
A New Institutional Bitcoin Exchange Startup, itBit, Raises $3.25 Million
- Regulated in Singapore, with KYC/AML compliance procedures, Thomson Reuters technology for security screening, "NASDAQ exchange technology" and deep market liquidity, itBit aims to attract institutionals.
Tuesday, 12/11/2013 | 10:14 GMT by
Avi Mizrahi
Top FX Executives Look Forward To Day Two Of The Forex Magnates London Summit
- The 2013 Forex Magnates Summit begins its second day, with 750 of the world's top figures at the forefront of the FX industry set to participate in discussions, networking, culminating in this evening's award ceremony.
Tuesday, 12/11/2013 | 09:50 GMT by
Andrew Saks McLeod
OANDA Recruits Vatsa Narasimha to Bolster Executive Management Team
- One of the first online providers of specialized FX tools adds Narasimha as Chief Strategy Officer. Regulated in the US, Canada, Singapore, Japan and UK, OANDA aims at a more 'computer-engineer' culture.
Tuesday, 12/11/2013 | 09:00 GMT by
Steven Hatzakis
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