Latest
Spreads to Widen on Index CFDs as Italy Embraces New Trading Tax
- Italy’s government will embrace the controversial Financial Transaction Tax for Equity Derivatives on September 1st thus affecting CFD spreads on the FTSE MIB. The Italian Parliament approved the FTT bill in December 2012.
Friday, 30/08/2013 | 18:11 GMT by
Adil Siddiqui
Executive Interview: Paul Belogour, CEO and Founder, BMFN Ltd
- BMFN Ltd has garnered a client base in the Far East by offering a turnkey solution. The company's founding Director Paul Belogour speaks to Forex Magnates with regard to providing solutions in new markets.
Friday, 30/08/2013 | 07:28 GMT by
Andrew Saks McLeod
FixSpec Aims to Improve Connections in Electronic Markets, Launches Central
- FixSpec launches its new platform, Central, to simply connectivity between exchanges and brokers, the technology provider which was established in 2012 aims to streamline connections and remove manual testing.
Friday, 30/08/2013 | 06:09 GMT by
Adil Siddiqui
Venues Forced to Increase Margin Requirements on Erratic Rupee Moves
- The Dubai Gold and Commodities Exchange, the first overseas bourse to launch the INR futures contract and ADM Investor Services, a broker that offers the INR NDF contract, have both increased their margin requirements for their rupee contracts.
Thursday, 29/08/2013 | 18:45 GMT by
Adil Siddiqui
The Institutional Meeting Place: A Closer Look At FIX Trading Community
- Subsequent to the Forex Magnates report earlier this month on FIX Protocol's rebranding, we take an in depth look at the structure post-metamorphosis, and how its network will serve the institutional sector worldwide.
Thursday, 29/08/2013 | 14:10 GMT by
Andrew Saks McLeod
Market Are Buyers, But Insiders Are Sellers of GAIN Capital Stock
- Traders have been buyers of GAIN Capital stock following its second quarter earnings report earlier this month. On the other hand, taking advantage of the rally, GAIN insiders have been sellers, as shares hit a 52 week high.
Thursday, 29/08/2013 | 13:51 GMT by
Ron Finberg
Moscow Exchange Posts Q2 Financials – Profits Higher but FX Spot Flat
- The Moscow Exchange posted its second quarter financials today. During the quarter Revenues rose 21.0% year over year to around $190 million (RUB 6.3B) and 14.2% since Q1. Meanwhile, FX Spot volumes were flat.
Thursday, 29/08/2013 | 12:26 GMT by
Ron Finberg
Pepperstone Launching Sirix HTML Webtrader
- Australian broker, Pepperstone, has announced the launching of a new HTML5 webtrader. For the endeavor, the company has partnered with technology provider, Leverate, to license their newly updated Sirix webtrader.
Thursday, 29/08/2013 | 09:25 GMT by
Ron Finberg
Finam and WhoTrades – New Arrivals to Social and Forex Trading
- Russian Finam is hardly a new entrant to the brokerage world. The firm is one of the largest retail brokers in Russia. New to the company is its forex division, FinamFX, as well as social trading venture, WhoTrades.
Thursday, 29/08/2013 | 09:21 GMT by
Ron Finberg
Caveat Emptor! New Zealand FMA Warns About Attempt To Dupe Clients
- New Zealand's FMA has today issued a warning concerning what it considers to be unrealistic and misrepresenting claims regarding the potential attainable returns from investing in Phoenix Forex's Oak FX system.
Thursday, 29/08/2013 | 09:04 GMT by
Andrew Saks McLeod
MQL4 and MQL5 Slowly Merging on MetaTrader
- With demand for its MetaTrader 4 platform remaining strong, MetaQuotes has announced the launch of the beta IDE, for cross compiling of MQL4/5 programs. The news could boost usage of the MetaTrader 5 platform.
Thursday, 29/08/2013 | 08:39 GMT by
Ron Finberg
Exclusive: CySec Calling – 24option Gets Regulated
- CySec continues to prove itself as the ‘go to’ destination for binary options regulation. Following the trend, Forex Magnates has confirmed that 24option has finalized its application process and became regulated.
Thursday, 29/08/2013 | 08:06 GMT by
Ron Finberg
Tradency Goes Institutional: Partners With CFH Clearing For Mirror Trader Availability
- Diversification is often the key to sustainability, especially in the crowded copy trading sector. Today, Tradency enters a corporate alliance with CFH Clearing to expand its availability on institutional level.
Thursday, 29/08/2013 | 07:00 GMT by
Andrew Saks McLeod
Malaysian Derivatives Trading Volumes Hit Record High
- Derivatives volumes at Bursa Malaysia, one of South East Asia's leading exchanges have crossed a record high in daily activity, the move comes after the bourse reported a sharp rise in profits for Q2.
Wednesday, 28/08/2013 | 16:05 GMT by
Adil Siddiqui
Royal Bank of Scotland Announces Imminent Closure of marketindex CFD Division
- British multinational financial institution the Royal Bank of Scotland has today announced that it is to close its marketindex CFD division on November 8 this year at 4.00pm. Do CFDs have a future?
Wednesday, 28/08/2013 | 11:55 GMT by
Andrew Saks McLeod
Interactive Brokers Retracts Margin Loan Facility Following Breach Of ASIC License Terms
- Interactive Brokers has ceased providing its Australian clients with margin lending after surveillance by ASIC unearthed concerns that the company's license does not permit the extension of credit.
Wednesday, 28/08/2013 | 10:21 GMT by
Andrew Saks McLeod
Tardiness Will Not Be Tolerated – NFA Proposes Significant Increase In Late Report Fees
- The National Futures Association yesterday released full details of its proposed increase in fees for filing late FDM and financial reports from $200 to $1000 per business day, representing a significant increase.
Wednesday, 28/08/2013 | 09:57 GMT by
Andrew Saks McLeod
International FX Rate Conspiracy: Are Dealers Fixing Prices?
Wednesday, 28/08/2013 | 07:45 GMT by
Andrew Saks McLeod
Tullet Prebon, 2nd Inter Dealer Broker to File SEF Application
- One of the world’s largest inter dealer brokers, Tullet Prebon, has submitted its SEF application to the CFTC. The firm confirmed its SEF which has been registered as tpSEF Inc, based in New Jersey.
Tuesday, 27/08/2013 | 18:23 GMT by
Adil Siddiqui
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