BT Client Funds Exposed, FxPro’s CEO Talks Leverage & Decentralization
- One month after the black swan event, brokers and market participants have picked up the collective pieces as answers begin to trickle out bringing information to light – meanwhile new revelations on the BT saga adds a new spin to the drama.
One month after the Black Swan Black Swan A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in Read this Term event, brokers and market participants have picked up the collective pieces as answers begin to trickle out bringing information to light – meanwhile new revelations on the BT saga adds a new spin to the drama.
Interviews
FxPro’s CEO Talks Leverage, Decentralization and Agency-Model Prospects Post SNB
It has been officially a month since the Swiss National Bank (SNB) black swan event convulsed currency markets – Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates spoke with FxPro’s CEO Charalambos Psimolophitis to discuss agency-model prospects. Read More Here
Tradimo’s Sebastian Kuhnert Discusses Gamification and FX Compatibility, Future
Forex Magnates sat down with Sebastian Kuhnert, co-founder and managing director of Tradimo, for his stance on gamification and its respective impact and future for the FX industry. Read More Here
Key Executive Moves
IronFX Global UK Appoints Stefanos Mitsi as CEO
IronFX Global UK Ltd has promoted Stefanos Mitsi as its newest CEO, succeeding Markos Kashiouris – the change of direction follows a recent capital injection to the firm’s UK operations. Read More Here
Traiana CEO Andrew Coyne Leaving ICAP
Heading the position of CEO at Traiana since July 2012, Andrew Coyne is leaving the firm. A provider of pre and post-trade processing services, Traiana was acquired by ICAP in 2007 as part of the interdealer’s expansion of its financial services. Read More Here
Trending
Several BT Employees Laid off, Regulators Made Aware of Missing Client Funds
Information gathered by Forex Magnates' reporters from a number of sources points to a big chunk of client funds that could be missing from Boston Prime and BT Prime, as regulators have been made aware of the situation. Read More Here
FXCM Poised to Discontinue 13 ‘High Risk’ Currency Pairs
On the heels of earlier news surrounding a revamped platform, FXCM has announced that it will be discontinuing a total of thirteen exotic currency pairs on February 20, 2015, given the prevalent amount of respective risk associated with them
One month after the Black Swan Black Swan A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in A Black Swan event is most commonly associated with an unforeseen calamity or event. In its most basic form, this event results in disastrous consequences for multiple parties, markets, or individuals and are characterized as extraordinarily rare in frequency, yet are seemingly predictable in retrospect. In the foreign exchange space, the most noteworthy of these events in recent memory was the Swiss National Bank (SNB) crisis which roiled currency markets back on January 15, 2015.During this in Read this Term event, brokers and market participants have picked up the collective pieces as answers begin to trickle out bringing information to light – meanwhile new revelations on the BT saga adds a new spin to the drama.
Interviews
FxPro’s CEO Talks Leverage, Decentralization and Agency-Model Prospects Post SNB
It has been officially a month since the Swiss National Bank (SNB) black swan event convulsed currency markets – Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates spoke with FxPro’s CEO Charalambos Psimolophitis to discuss agency-model prospects. Read More Here
Tradimo’s Sebastian Kuhnert Discusses Gamification and FX Compatibility, Future
Forex Magnates sat down with Sebastian Kuhnert, co-founder and managing director of Tradimo, for his stance on gamification and its respective impact and future for the FX industry. Read More Here
Key Executive Moves
IronFX Global UK Appoints Stefanos Mitsi as CEO
IronFX Global UK Ltd has promoted Stefanos Mitsi as its newest CEO, succeeding Markos Kashiouris – the change of direction follows a recent capital injection to the firm’s UK operations. Read More Here
Traiana CEO Andrew Coyne Leaving ICAP
Heading the position of CEO at Traiana since July 2012, Andrew Coyne is leaving the firm. A provider of pre and post-trade processing services, Traiana was acquired by ICAP in 2007 as part of the interdealer’s expansion of its financial services. Read More Here
Trending
Several BT Employees Laid off, Regulators Made Aware of Missing Client Funds
Information gathered by Forex Magnates' reporters from a number of sources points to a big chunk of client funds that could be missing from Boston Prime and BT Prime, as regulators have been made aware of the situation. Read More Here
FXCM Poised to Discontinue 13 ‘High Risk’ Currency Pairs
On the heels of earlier news surrounding a revamped platform, FXCM has announced that it will be discontinuing a total of thirteen exotic currency pairs on February 20, 2015, given the prevalent amount of respective risk associated with them