Latest
BIS report highlights High Frequency Trading in FX markets
- The Bank of International Settlements has published a report on High Frequency Trading and its impact on the $4 trillion a day FX markets. Data was collated by representatives of major central banks including the ECB and Bank of Canada. The report looked at the Flash Crash and the Yens heavy move on 17th March.
Wednesday, 28/09/2011 | 07:26 GMT by
Adil Siddiqui
Gain Capital to acquire Interbank FX
- Forex Magnates sources reveal that Gain Capital is about to seal the deal with Interbank FX. No information is yet known and neither company confirmed the information - naturally because Gain is a public company.
Tuesday, 27/09/2011 | 14:21 GMT by
Michael Greenberg
Forex Magnates is now available in Japanese
- As part of an ongoing Forex Magnates network expansion Forex Magnates is now available in the Japanese language - jp.site13.miydim.com. Along with the recently launched Chinese Forex Magnates and the quarterly retail forex report (Q3 will become available in about 2 weeks) this is one of many more upcoming changes. I hope this will help my many Japanese readers access the Forex Magnates information more easily.
Tuesday, 27/09/2011 | 10:51 GMT by
Michael Greenberg
A closer look at IBFX Connect with Todd Crossland
- The social media phenomena is continuing to make a presence across all indsutries including financial markets, with Facebook reaching around 500 million active users. Interbank FX one of the worlds leading FX brokers has taken the traditional social networking concept and evolved it to be a full service for traders giving them the the ability to:
Tuesday, 27/09/2011 | 06:56 GMT by
Adil Siddiqui
GAIN Capital's Launches Enhanced FOREXTrader PRO Platform
- Gain Capital a leading FX and CFD brokerage firm has released an enhanced version of its award-winning platform the FOREXTrader PRO platform. Gain Capitals recent acquisition of CMS Forex's retail arm meant they embraced the VT trader platform, giving them a wide selection of trading platforms to suit different trading habits.
Monday, 26/09/2011 | 13:15 GMT by
Adil Siddiqui
Belarus's domestic FX Trading on the Rise
- Belarus has been a key player in the Eastern European FX markets, however due to government and international restrictions locals have found it difficult to deposit and withdraw funds with US and European brokers.
Monday, 26/09/2011 | 05:52 GMT by
Adil Siddiqui
State Street purchase Automated Agency Broker
- State Street is expanding its presence in the automated trading space as it announces the acquisition of Pulse Trading a Boston-based agency brokerage firm offering block crossing and blotter scraping technologies as part of its electronic trading capabilities. State Street, a provider of custody and asset management services, said it entered a definitive agreement to buy the firm in an announcement today.
Friday, 23/09/2011 | 17:26 GMT by
Adil Siddiqui
Indian Rupee dives on FOMC - 2nd biggest fall in history
Friday, 23/09/2011 | 17:17 GMT by
Adil Siddiqui
CFTC Charges Accounting Firm McGladrey & Pullen, LLP, and Partner David Shane with Failure to Properly Audit One World Capital Group
- It's extremely interesting to see CFTC taking the oversight of its members one step further by going after not only its member firms but even after their auditors - if those failed to do their job. CFTC just charged an accounting firm and one of its partners for failing to properly audit One World Capital Group - a former forex broker which ceased its operations in 2007. This adds to CFTC's aggressive pursuit of even completely foreign firms which it perceives as breaking its rules.
Friday, 23/09/2011 | 03:56 GMT by
Michael Greenberg
FXDD's Institutional arm Frontier FX chooses First Derivatives
Thursday, 22/09/2011 | 16:22 GMT by
Adil Siddiqui
Logiscope gets acquired by MarkitServ
- MarkitSERV, Markit's electronic trade-processing platform for OTC derivatives, is set to acquire Logicscope Limited, a provider of post-trade workflow solutions and straight-through-processing (STP) for foreign exchange (FX) transactions.
Wednesday, 21/09/2011 | 20:20 GMT by
Adil Siddiqui
Trading or Gaming - is there a difference
- Margin trading is commonly referred to as gambling with fancy words like "FTSE, Gold and Currencies". Unlike the 'horses' or 'dogs' investors are trading on volatile markets with no clear understanding of what the product is, how it works and most importantly what makes it move. Regulators in advanced economies have touched on this and have tried to draw some barriers so that brokers are more aware and so are their clients on the possible risks.
Wednesday, 21/09/2011 | 19:04 GMT by
Adil Siddiqui
Director of Australian FX Brokerage under spotlight
- Vantage FX's parent firm Efinium's Director is under the spot light with Hong Kong regulators on allegations of stock rigging. Duncan Tak Keung Chui is alleged to have conspired to pump up the price of a Hong Kong-listed company in the days before a capital raising in January 2009.
Wednesday, 21/09/2011 | 17:12 GMT by
Adil Siddiqui
FXDD acquires Irish Forex Broker Frontier FX
- This is one of the first acquisitions for FXDD who until now hasn't made many. Frontier FX's acquisition for FXDD is probably a way to quickly access an advanced multi-bank electronic trading platform rather than gain a list of retail forex clients
Wednesday, 21/09/2011 | 12:30 GMT by
Michael Greenberg
TradoLogic Revamps Business Structure, Unveils Component-Based Solution
- TradoLogic, the world's leading binary options platform provider, has publicly revealed its new and improved licensee infrastructure. The fully integrated solution is offered in an all-in-one package, allowing operators to quickly launch their platform using readily available, pre-integrated components. The modular business structure now includes company-wide features such as fraud prevention, billing, analysis, reporting and a CMS system, while existing components such as risk management and the trading interface have been vastly improved.
Tuesday, 20/09/2011 | 20:17 GMT by
Michael Greenberg
Leverate Further Improves Client Reporting Interface
- Leverate, the premium Forex broker solutions provider, announces major upgrades to their proprietary Client Reporting Interface, integrated with the MT4 Client, CRM and Risk Management systems. The web-based Client Reporting Interface is offered as a part of Leverate's Private Label to provide brokers with sophisticated and customizable reports, assisting them with assessing their businesses from a user-friendly and comprehensive system.
Tuesday, 20/09/2011 | 20:14 GMT by
Michael Greenberg
FXDD Announces Four New Currency Pairs for Retail Traders including USD/CNH
- FXDD, a leader in online Forex trading and education, today announced the addition of four new currency pairs available to all retail currency traders: United States Dollar/Offshore Renminbi (USD/CNH)
Tuesday, 20/09/2011 | 20:04 GMT by
Michael Greenberg
FXall IPO - more details
- Getting listed seems to be the new trend for Currency brokers. 2010 saw two of the leading names in retail FX float their firms on the New York Stock Exchange thus sending shock waves in the industry. The industry at large is fighting a tough battle to 'clean' up the FX markets.
Monday, 19/09/2011 | 23:02 GMT by
Adil Siddiqui
FXAll (FX Alliance) files for an IPO
- FX Alliance Inc. ("FXall"), today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock.
Monday, 19/09/2011 | 17:01 GMT by
Michael Greenberg
Integral Releases First Hosted FX ECN Aggregator
- Integral has just seriously stepped up its game and is presenting a serious threat to other aggregators such as Currenex and EBS with the launch of its fully hosted FX ECN aggregator. Add to that zero upfront costs and you have quite an attractive offering.
Monday, 19/09/2011 | 07:00 GMT by
Michael Greenberg
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