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Spot The Difference: CySec Issues Warning Stating That Depaho FX Is Unregulated
- CySec has today issued a warning to potential investors explaining that Depaho FX is not licensed to operate in its jurisdiction, and that it is a different company to similarly-named Depaho Ltd, which is regulated.
Thursday, 10/10/2013 | 15:38 GMT by
Andrew Saks McLeod
FX Concepts Folds Entire Operations After 32 Years Following Loss Of Final Client
- Following Forex Magnates' exclusive report over a week and a half ago that 30 year old hedge fund FX Concepts had lost its last client, the company has now closed its doors for the last time.
Thursday, 10/10/2013 | 13:52 GMT by
Andrew Saks McLeod
Russia's Central Bank Widens Free-Float Range to 3 Rubles, Lessening FX Intervention Need
- Russia's plan to float its currency by 2015 is becoming a reality and will lessen the degree of intervention in its managed foreign exchange regime and follows its new role of financial markets watchdog.
Thursday, 10/10/2013 | 08:20 GMT by
Steven Hatzakis
Indian Godfather of Derivatives Trading Packs Up - Jignesh Shah Resigns
- In a flurry of bad news hitting India's NSEL, spot exchange, the lead architect behind the venture has decided to quit. Jignesh Shah, the founder of Financial Technologies has resigned from the MCX-SX.
Thursday, 10/10/2013 | 07:55 GMT by
Adil Siddiqui
ZipZap’s new CashTabs feature to be directly integrated with Ripple Wallet.
Thursday, 10/10/2013 | 00:00 GMT by
FMAdmin Someone
Bitpay declares all-inclusive processing prices for merchants
Thursday, 10/10/2013 | 00:00 GMT by
FMAdmin Someone
IG Gives MT4 a Second Lifeline, Or Has It?
- IG, one of the largest CFD brokers on the planet has recently diverted its marketing attention to the world of FX trading. The London based broker has rejuvenated the popular MT4 with a new wave of FX orientated campaigns.
Wednesday, 09/10/2013 | 17:21 GMT by
Adil Siddiqui
Divisa Capital Revives And Rebrands MB Trading UK For Overseas Expansion
- Just over a year since the demise of MB Trading's British subsidiary, Divisa Capital has purchased MB Trading UK as a means of expanding its institutional offering into Europe, subsequent to rebranding to Divisa UK.
Wednesday, 09/10/2013 | 14:49 GMT by
Andrew Saks McLeod
The Legitimization Of Bitcoin: Kraken Partners With BaFin Regulated Fidor Bank
- The recently introduced Kraken digital currency exchange today announced its partnership with Fidor Bank to provide Kraken’s users with access to traditional financial services under the German-regulated institution.
Wednesday, 09/10/2013 | 13:20 GMT by
Andrew Saks McLeod
Forex Factory Cracks Alexa Top 1000 As Industry Portals Doing Well in 2013
- Popular forex trading portal, Forex Factory has published on its blog that it cracked the top 1000 website list on Alexa. The website ranker evaluates average daily page views and visits over the last three months.
Wednesday, 09/10/2013 | 09:29 GMT by
Ron Finberg
Last Look vs No Last Look Execution
- Many traders and brokers have been exposed to the terms “Last Look” and “No Last Look.”
Wednesday, 09/10/2013 | 09:05 GMT by
Mitch Eaglstein
US Shut-down Opens-up New Single Day Record in VIX Options at CBOE
- CBOE reports record trading in its benchmark VIX options contract, traders exchanged 1.8 million contracts. The news comes on the back of the US shutdown affecting government units thus increasing volatility and uncertainty in the markets.
Wednesday, 09/10/2013 | 07:35 GMT by
Adil Siddiqui
Indonesian Monex Investindo Futures Launch UK Licensed Brokerage
- Indonesian based Monex Investido Futures announced today the launch of London based Monex Capital Markets. Licensed by the FCA, Monex Capital becomes the Indonesian firm’s move into the EU and international markets,
Wednesday, 09/10/2013 | 06:58 GMT by
Ron Finberg
CFH Clearing Announces Launch of ClearVision, Expands Suite of Product Offerings
- London based Prime of Prime (PoP) solutions provider, with over $1.5bln in interbank credit lines, moves ahead to expand FX market-share with new product offering aimed towards buy side FX brokerages.
Wednesday, 09/10/2013 | 02:30 GMT by
Steven Hatzakis
Amazon presents “Login and Pay” for frictionless online payments.
Wednesday, 09/10/2013 | 00:00 GMT by
FMAdmin Someone
City Index Experiences Exodus: Two More Senior Executives Quit The Firm
- City Index continues to experience an outflow of senior management talent, as the company's Global Head of Marketing Paul Cassidy and Global Head of Trading and Research Dan George moved on within the same week.
Tuesday, 08/10/2013 | 19:49 GMT by
Andrew Saks McLeod
Effects of US Government Shutdown on FX Industry: CFTC Asks NFA to Update Members
- The CFTC is currently operating with limited scope following the governmental shutdown, and has informed NFA to send a message on its behalf to members. Antideficiency Act provides relief for CFTC & SEC Continuity.
Tuesday, 08/10/2013 | 14:10 GMT by
Steven Hatzakis
FXCM Announces Issuance Of $12M Note To Infinium - Is Takeover On The Cards?
- FXCM has today announced that it has issued high frequency trading firm Infinium Capital Holdings with a $12 million note which matures in August 2015 following interest in acquiring the company.
Tuesday, 08/10/2013 | 13:06 GMT by
Andrew Saks McLeod
BTC-e, Crypto St, Kraken and Coinsetter Product Update
- Following up on several bitcoin platforms that covered in the past that were developing products. When we first posted, we saw uniform optimism about the future of bitcoin. Today we take a look at some of the results.
Tuesday, 08/10/2013 | 07:46 GMT by
Ron Finberg
WIRED to pilot MasterCard’s in-content payment platform
Tuesday, 08/10/2013 | 00:00 GMT by
FMAdmin Someone
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