Latest
CySEC Releases Announcement Confirming Reasoning for Handing LQD Markets €80,000 Penalty, Confirms Settlement
- Subsequent to yesterday's exclusive report by Forex Magnates that Cypriot regulator CySEC has demanded LQD Markets to pay 80,000 euros, the regulator today confirmed the reason for the imposition, and the total amount, now mutually settled in full.
Tuesday, 25/06/2013 | 10:16 GMT by
Andrew Saks McLeod
Traiana Announces Twelve FCMs are Live on their Harmony Network for Exchange Traded Derivatives
- Post trading flow solutions provider, Traiana, has announced that twelve FCMs are now connected on its Harmony Network for Exchange Traded Derivatives . Traiana added that “ there has been a rapid uptake of buy-side hedge funds and asset managers".
Tuesday, 25/06/2013 | 09:04 GMT by
Ron Finberg
Silicon Valley or Microwave Valley? Exalt Technologies Embarks On Development Project Aimed At Ultra Low Latency for HFT
- As the race between infrastructure provider gets even more competitive, Exalt Technologies announced today that it is developing a microwave-based connectivity solution aimed at reducing round-trip latency for HFT.
Tuesday, 25/06/2013 | 07:56 GMT by
Andrew Saks McLeod
Infernum Productions taps WorldPay for new game offering, Dragon’s Prophet.
Tuesday, 25/06/2013 | 00:00 GMT by
FMAdmin Someone
Rentabiliweb' s Be2bill payment solutions generates big contracts
Tuesday, 25/06/2013 | 00:00 GMT by
FMAdmin Someone
RTS Realtime Systems Expands China Operations
- Leading software and low latency solution provider to financial service firms, RTS, has expanded its China foothold with the launch of its new Chinese language website and the expansion of its Shanghai office.
Monday, 24/06/2013 | 18:29 GMT by
Adil Siddiqui
Forex Magnates Appoints Ex-Leverate Executive Mariano Obludzyner as Director of Sales
- Expansion whilst maintaining a focus on quality is a current dynamic at Forex Magnates, as company CEO Michael Greenberg extends his welcome to the firm's new Director of Sales Mariano Obludzyner today.
Monday, 24/06/2013 | 15:28 GMT by
FMAdmin Someone
Expansion On The Agenda - Fair Trading Technology Recruits CHRO To Select Talent To Move The Firm Forward
- As the retail forex sector evolves, technology providers look to expand their scope. Fair Trading Technology is no exception and plans a recruitment drive headed by newly appointed CHRO Lisa Bogden.
Monday, 24/06/2013 | 14:22 GMT by
Andrew Saks McLeod
LQD Markets Required to Pay €80,000 by CySEC; Comes To Mutually Agreeable Settlement
- Cypriot regulator CySEC has today entered into a settlement with LQD Markets following the company's exclusive announcement to Forex Magnates regarding CySEC's issue of an €80,000 fine as rules tighten.
Monday, 24/06/2013 | 09:47 GMT by
Andrew Saks McLeod
Exclusive: FXCM Speaks Out On Potentially Damaging Effects Of Israel's Proposed Regulatory Reform
- Following an exclusive revelation by Forex Magnates that Israel's ISA plans to impose extremely strict capital adequacy, leverage and client exposure rulings, FXCM voices extreme concern for domestic retail FX industry.
Monday, 24/06/2013 | 07:19 GMT by
Andrew Saks McLeod
Exclusive: Israel's Finance Committee Receives Stringent New Proposals From National Regulator On OTC Markets
- In an exclusive report by Forex Magnates, the State of Israel's Knesset Finance Committee has been presented with a set of detailed procedures for reforming regulations in Israel, relating to leverage, client funds and suitability of products to clients.
Monday, 24/06/2013 | 06:11 GMT by
Andrew Saks McLeod
NPCI announces start of RuPay PaySecure, plans further e-commerce rollout
Monday, 24/06/2013 | 00:00 GMT by
FMAdmin Someone
MEDA teams up with Better Than Cash Alliance to help the needy
Monday, 24/06/2013 | 00:00 GMT by
FMAdmin Someone
Does Barclays prove that the privacy of the public is no longer protected?
Monday, 24/06/2013 | 00:00 GMT by
FMAdmin Someone
PayLane expands payment methods with three new additions
Monday, 24/06/2013 | 00:00 GMT by
FMAdmin Someone
Krys Kling Joins DirectFX.com As Global Head of Operations
- Australian broker and ASIC licensed, DirectFX, has announced the hiring of Krys Kling as its new Global Head of Operations. The hiring is part of DirectFX’s aim of “to broaden their exposure to the global forex market”.
Sunday, 23/06/2013 | 08:16 GMT by
Ron Finberg
Danish FSA Completes Two Month Inspection of Saxo Bank - No Irregularities Found
- A decline in Saxo Bank's revenue during 2012 prompted a full inspection of activities by the Danish regulatory authorities, which has now been completed with no irregularities found in adherance to rulings.
Saturday, 22/06/2013 | 19:40 GMT by
Andrew Saks McLeod
CySEC Bares Its Teeth: Trading Point Fined €5,000 For Infringement of Client Funds Regulations
- Cypriot regulator CySEC today demonstrated its commitment to monitoring of the administrative and compliance procedures of brokers in its jurisdiction by imposing a €5,000 administrative penalty on Trading Point.
Friday, 21/06/2013 | 15:29 GMT by
Andrew Saks McLeod
Executive Interview: Max Lebedev, CEO, Forex4You
- In this week's Forex Magnates Executive Interview, Max Lebedev, CEO of forex broker Forex4You discusses his company's business model and elaborates on the recent entry into the copy trading segment.
Friday, 21/06/2013 | 05:46 GMT by
Andrew Saks McLeod
Innovation in design extends to Italian payment instruments
Friday, 21/06/2013 | 00:00 GMT by
FMAdmin Someone
Growing pains come with success between China UnionPay and Visa
Friday, 21/06/2013 | 00:00 GMT by
FMAdmin Someone
US Court Orders Tony Hunter's 'Double Act Fraud' to Pay $11.7 million
- A U.S. District Court in North Carolina found FX and Commodity fraudster Tony Hunter who ran Prestige and D2W guilty of fraud and regulatory violations, the Order enforces a $11.7 million financial penalty.
Thursday, 20/06/2013 | 23:39 GMT by
Adil Siddiqui
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