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

Forex MagnatesOne 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.


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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 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

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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


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

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