DGCX Posts Record Monthly and H1 Volumes
- The Dubai Gold and Commodity Exchange (DGCX) has posted is June and first half 2013 volume figures. For the month, volumes reached an all-time high of 1,593,150 contracts, a 73% YoY increase, with a notional value of $43.77 billion.
Monday, 15/07/2013 | 08:09 GMT by
Ron Finberg
James Whyte Joins TradeTools FX as Global Head of Sales
- FX and binary options technology provider, TradeToolsFX, has announced that James Whyte has joined the firm as its new Global Head of Sales. Whyte will be charged with developing and expanding TTFX’s technology business.
Monday, 15/07/2013 | 07:15 GMT by
Ron Finberg
Canadian Forex Teacher Lands Jail Time for Tax Evasion
- After failing to report of pay income taxes, the Canadian Revenue Agency (CRA) announced that Ontario Superior Courts have sentenced Najam Mahmood, of MIGForex.com to one year and jail and fined him $687,000.
Sunday, 14/07/2013 | 13:13 GMT by
Ron Finberg
CFTC Posts May FCM Financials – Advanced Markets Out, Whotrades FX is In
- The CFTC has posted financials for FCMs as of the end of May. Total Retail Forex Funds were $644,593,164, a drop of $3,166,759 (-0.49%) from the end of April. The decline was mainly the result of a near $9 million drop at Oanda,
Thursday, 11/07/2013 | 10:00 GMT by
Ron Finberg
As New Rules Go Into Effect, Advanced Markets Swaps NFA For ASIC Regulation
- Deciding it’s not worth the $20,000,000 minimums; Advanced Markets has also officially withdrawn all of its licenses with the NFA. As of June 28th, the broker withdrew both its FCM license and NFA membership.
Thursday, 11/07/2013 | 09:16 GMT by
Ron Finberg
Operations Stabilize as London Capital Group Issues H1 2013 Trading Update
- For the period ending June 30th, LCG announced that it expects to report adjusted profit before tax from continuing operations of around £3.1m, which compares compared to £2.1m for the same period last year.
Thursday, 11/07/2013 | 06:53 GMT by
Ron Finberg
If You Build it they Will Come – CySec Releases H1 2013 License List
- Cypriot financial regulator, CySec, has released its list of firms that were granted licenses during the first half of 2013. Bucking worries of the country’s financial difficulties, Cyprus continues to see strong demand for licenses.
Wednesday, 10/07/2013 | 16:03 GMT by
Ron Finberg
FXSpotStream Adds Desktop Application to its Existing API FX Aggregation Offering
- XSpotStream, a subsidiary of LiquidityMatch, and multi-bank aggregator of FX spot liquidity, has announced the launch of desktop application. The product adds to their existing API based aggregation feed.
Wednesday, 10/07/2013 | 13:44 GMT by
Ron Finberg
Almost Majors – Swissquote Launches CNY, BRL and INR Trading
- Swissquote, is expanding its FX trading instruments with the launch of BRL, CNY, and INR pairs on its platform today. According to a representative of the firm, the additions are based on meeting demand from clients.
Wednesday, 10/07/2013 | 12:03 GMT by
Ron Finberg
Moscow Exchange Reports Record FX Volumes in June
- After posting its 1st half of 2013 derivatives trading volumes results, the Moscow Exchange (MOEX) has released its June FX figures. FX continues to be bright spot for the MOEX as average daily volumes during June hit $22.6 billion.
Wednesday, 10/07/2013 | 08:31 GMT by
Ron Finberg
ICAP Delivers Interim Management Statement – Encouraging Mood
- Ahead of today’s Annual General Meeting, UK interdealer, ICAP, has issued its Interim Management Statement for the period of April 1st to July 10th 2013. Following a tumultuous 2012 the mood at ICAP has decidedly changed.
Wednesday, 10/07/2013 | 07:19 GMT by
Ron Finberg
Thomson Reuters and FXall Register FX Volume Records and Highs During June
- Thomson Reuters has released June FX trading volumes for both its FX spot platform as well as at FXall. During June, average daily volumes (ADV) at Thomson Reuters rose 5% MoM to $147 billion, the highest since May 2012.
Tuesday, 09/07/2013 | 13:53 GMT by
Ron Finberg
Atlas – Building a Bitcoin Exchange One Donation at a Time
Tuesday, 09/07/2013 | 09:56 GMT by
Ron Finberg
FX and Commodity Trading Higher, Equities Lower During H1 2013 at the Moscow Exchange
- The Moscow Exchange (MOEX) has released first half 2013 volume figures for its derivatives products. During the first half of the year, Derivatives Market average daily volumes (ADV) rose 13.9% YoY to $6.65 billion (RUB221 billion),
Tuesday, 09/07/2013 | 07:03 GMT by
Ron Finberg
DMM Securities Posts June Volumes - Joins the Trillion Dollar Club
- Japanese DMM Securities has posted another amazing month as its June volume figures cleared the $1 trillion barrier, becoming the second retail forex broker to do so after GMO Click achieved the record.
Monday, 08/07/2013 | 07:15 GMT by
Ron Finberg
‘I Want My Two Dollars!’ Lembex Owners Hit with Lawsuit
- Selling a forex business once is hard enough, doing it twice takes a special combination of skill and luck. Filling that category is the owners of little known Lembex. Wanting a piece of the pie, three former managers are suing for their bonuses.
Sunday, 07/07/2013 | 21:01 GMT by
Ron Finberg
TradeTools FX Announces Free MT4 Bridge Service
- MT4 and binary options technology provider, TradeTools FX, has announced that they are waving transaction fees on their MT4 bridge. According to the company, the move is meant to save brokers from per million transaction fees.
Friday, 05/07/2013 | 13:25 GMT by
Ron Finberg
Brand Building Binary Options Style – bforex Partners with TRADOLOGIC
- Binary options provider Tradologic has announced that it has signed a partnership with brokerage operator bforex. Under terms of the deal, Tradologic will power twenty binary options broker brands for bforex.
Friday, 05/07/2013 | 07:31 GMT by
Ron Finberg
4th of July Special – MtGox Resumes US Dollar Withdrawals
Thursday, 04/07/2013 | 12:31 GMT by
Ron Finberg
Easy-forex Launches Multiple Currency CNH Trading
- Interest in Chinese renminbi (RMB) remains strong among FX brokers with a growing list of firms offering the currency. Following the trend, easy-forex announced the launch of four new CNH crosses against the USD, AUD, EUR, and JPY.
Wednesday, 03/07/2013 | 14:14 GMT by
Ron Finberg
June Forex Industry Review: Letters Reign - MQ, BdB, FCA, CFTC & M&A
- As we enter July, we have officially hit the summer months and their accompanying slow period. June was a quasi-period with the month being active at the start but news flow began to decrease as time went on.
Wednesday, 03/07/2013 | 13:42 GMT by
Ron Finberg
SecondMarket Launches Bitcoin Education Center - Future Funding for Startups?
Wednesday, 03/07/2013 | 11:13 GMT by
Ron Finberg
Monex Group Volumes Drop During June – Japan Still Dominates
- Monex Group has released trading metric data for June. During the month, total global volume was reported at $65.5 billion, a 12.9% decline from May’s results, but 33.7% above the same period last year.
Wednesday, 03/07/2013 | 09:20 GMT by
Ron Finberg
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