Latest
London Summit Pictures and Videos Now Available as We Plan for Next Year
- Need to have a second listening to one of the panels? Missed the Elevator Pitch Event? Maybe you just want to find a picture of yourself? all videos and photos from London Summit 2013 are now accessible online.
Monday, 25/11/2013 | 14:00 GMT by
Ron Finberg
Exclusive: One on One With Saxo’s Kim Fournais – Social Trading Launch, Networking, and More
- In this week's Executive Interview, Forex Magnates sat down for a video interview with Kim Fournais, Co-Founder and Co-CEO of Saxo Bank. Discussed were Saxo's upcoming launch of social trading and current business environment.
Friday, 22/11/2013 | 09:00 GMT by
Ron Finberg
Business As Usual Says FXDD Management Despite Layoffs
- FXDD lays off support and admin staff and confirms that there are no issues. A member of the brokers senior management reiterated "no panic here", the change in personnel comes on the back of business conditions.
Thursday, 21/11/2013 | 23:38 GMT by
Adil Siddiqui
Exclusive: The Full Story Behind Fair Trading Technology's Efforts to Restructure
- Swedish FX technology company seems to be experiencing difficult times, centred on lack of funding, difficulties to on-board clients and a potential corporate restructure. FTT's CEO promises a bright future.
Thursday, 21/11/2013 | 14:05 GMT by
Andrew Saks McLeod
NFA Arbitrators Side with FXCM in Twin Cases, Award them $100
- FXCM comes out on top yesterday after the NFA ruled in two arbitration claims against the broker. Allegations by claimants of fraud and breach of contract were dismissed, while FXCM was compensated on its counterclaim.
Thursday, 21/11/2013 | 13:51 GMT by
Ron Finberg
GAIN To Issue $65 million Convertible Note In a Bid to Raise Funds
- GAIN Capital intends to offer a convertible note valued at $65 million. The listed FX broker dealer issued a press notification disclosing the details, the issuance of the note is subject to regulatory approval. The move comes on the back of arch rival FXCM’s amendments to its credit facility.
Thursday, 21/11/2013 | 00:50 GMT by
Adil Siddiqui
Congress holds second hearing on digital currencies
Thursday, 21/11/2013 | 00:00 GMT by
FMAdmin Someone
Forex Marketplace Now Open for Business: New Arena for All That is Forex-Related
- Forex Magnates launches Forex Marketplace, where forex professionals can buy and sell services, products or knowledge. Starting with forex-related domains, the new venue will simplify inter-industry business.
Wednesday, 20/11/2013 | 17:13 GMT by
FMAdmin Someone
Alpari Posts Combined Trading Volumes Of $250 Billion For October 2013
- Alpari has today released its combined trading volumes for all of its divisions for the month of October 2013. At $250 billion, an overall decline has been experienced when compared with previous months.
Wednesday, 20/11/2013 | 12:10 GMT by
Andrew Saks McLeod
Plus500 Shares Hit All-Time High After Announcing Trading Update
- Shares of forex and CFD broker, Plus500, are trading to an all-time high of 215p following the firm’s ‘trading update’ to investors. According to Plus500, trading at the broker remains strong.
Wednesday, 20/11/2013 | 12:04 GMT by
Ron Finberg
Bitcoin Surge and Volatility Cause Plus500 to Alter Trading Conditions
- Forex and CFD broker, Plus500, made headlines earlier this year when they were the first broker to launch leveraged synthetic trading of bitcoin, but appear to be struggling with the current large moves in prices.
Wednesday, 20/11/2013 | 10:05 GMT by
Ron Finberg
Reviewing FXCM's Q3 Financials and Business Trends
- Like in the past, today we are taking a closer look at FXCM’s Q3 2013 financials following the release of their SEC filed 10Q and earnings conference call. Issued earlier this month, FXCM reported a loss of $5.12 million.
Tuesday, 19/11/2013 | 14:38 GMT by
Ron Finberg
BVI FSC Denies 4XP’s Claims it Has Frozen Company Accounts: The Full Story
- A developing story that follows a series of warnings, after multiple people close to the company have confirmed that the company which appears to be un-regulated, is halting the processing of withdrawals.
Tuesday, 19/11/2013 | 10:24 GMT by
Steven Hatzakis
IG Group Issues Trading Update, QoQ Revenue Declines Expected
- IG Group has issued a trading update, alerting investors to progress of its second quarter that closes on December 1st. For the quarter, IG expects to see YoY revenue growth, but lower on a QoQ basis.
Tuesday, 19/11/2013 | 09:39 GMT by
Ron Finberg
GAIN Capital Publishes GFT's Three Year Financial Accounts: Steady Revenue Downturn
- GAIN Capital has today published full financial details for GFT and its subsidiaries for three years including 2010, 2012 and 2013 in the 8-K form which the company submitted to the SEC on September 24.
Monday, 18/11/2013 | 22:50 GMT by
Andrew Saks McLeod
FXCM Stretches Final Maturity of its Credit Facility and Tops-Up Total Commitments to $205 million
- FXCM continues its M&A flag with the announcement of an increase and extension of its credit facility. The US FX & CFD broker has extended its credit facility for 3 years and topped up its commitment to $205 million.
Monday, 18/11/2013 | 22:37 GMT by
Adil Siddiqui
CFTC Orders MF Global to Pay $1 Billion in Restitution in Connection with Customer Losses
- In one of the largest recent failures of a Futures Commission Merchant that has been the subject of controversy following its demise, victims have been awarded a degree of justice as the defendant is forced by law to make good.
Monday, 18/11/2013 | 17:22 GMT by
Steven Hatzakis
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