Latest
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
Holonym Foundation Emerges with $5.5 Million Seed Funding
- The Holonym Foundation is moving towards global digital inclusion.
Monday, 19/08/2024 | 08:29 GMT by
FM
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
Japan Binary Options Industry October Profitability Report: Profits Above Forex
- Among the new regulations being applied to the Japanese binary options industry is the requirement for firms to publish account performance. Ratios include overall payouts as well as the monthly account performance.
Monday, 18/11/2013 | 10:35 GMT by
Ron Finberg
KVB Kunlun Releases First Post-IPO Financials, Q3 Stalls But 2013 Strong
- Among the forex IPO class of 2013 is Hong Kong listed KVB Kunlun Financial Group (KVB). A provider of forex trading to Chinese and Asian investors, KVB announced its first quarterly earnings as a public firm.
Monday, 18/11/2013 | 08:50 GMT by
Ron Finberg
China Propels Bitcoin to All-Time Highs, But What’s the Price, $464 or $507?
- Prices of bitcoin are at an all-time high today. But what's the price? $470, $485, $500? In the fragmented world of bitcoin trading, while prices are similar, there are still variances in what bitcoins are being bid at.
Sunday, 17/11/2013 | 13:29 GMT by
Ron Finberg
Executive Interview: Luis Sanchez, VP & Head Of Institutional Sales, Dukascopy Bank
- Selecting an effective sales model is an important matter for all FX companies to consider. Dukascopy Bank's Head of International Sales Luis Sanchez goes into intricate detail on white label partnerships.
Friday, 15/11/2013 | 06:41 GMT by
Andrew Saks McLeod
Day Two In Images From the London Summit
- A look at day two of the Forex Magnates London Summit from the perspective of the camera lens. After focusing on networking, the stage and speaker auditorium became the center of attention during the last day of the event.
Thursday, 14/11/2013 | 17:41 GMT by
Ron Finberg
Exclusive: TRADOLOGIC Raises $10 Million From a Group of Strategic Investors
- An agreement to allocate 20% of TRADOLOGIC's shares will allow the binary options company to expand to Asia. Investors are said to be from Hong Kong, Russia, and a "sports betting industry" technology firm.
Wednesday, 13/11/2013 | 15:36 GMT by
Avi Mizrahi
Alpari UK CEO Daniel Skowronski Resigns, David Hodge Assumes Post
- Alpari UK has today announced the appointment of David Hodge as CEO of the company's UK operations, whilst existing encumbent Daniel Skowronski tenders his resignation following a successful tenure at the top.
Wednesday, 13/11/2013 | 14:41 GMT by
Andrew Saks McLeod
X Open Hub Powered Mirror Trader Platform Onboards First Broker
- X Financial Solutions has announced today that Aforex is the first broker to on-board Tradency's Mirror Trader with X Open Hub's brokerage suite providing the back end technology solution.
Tuesday, 12/11/2013 | 17:13 GMT by
Steven Hatzakis
Faros M&A Details Announced As FXCM Reports Q3 Results
- According to FXCM's SEC quarterly report, the company provided an initial cash payment of $5 million and a follow-on payment to be made in 2015 will cloud bring the total purchase price to $15.6 million.
Tuesday, 12/11/2013 | 14:48 GMT by
Avi Mizrahi
OANDA Recruits Vatsa Narasimha to Bolster Executive Management Team
- One of the first online providers of specialized FX tools adds Narasimha as Chief Strategy Officer. Regulated in the US, Canada, Singapore, Japan and UK, OANDA aims at a more 'computer-engineer' culture.
Tuesday, 12/11/2013 | 09:00 GMT by
Steven Hatzakis
InterTrader Direct's European Expansion - Launches CFDs in Sweden Via Stockpicker
- Spread betting and CFD company InterTrader Direct has today announced its foray into the Swedish market via an exclusive CFD partnership with Stockpicker. Managing Director Shai Heffetz outlines the ethos to Forex Magnates.
Tuesday, 12/11/2013 | 06:39 GMT by
Andrew Saks McLeod
GAIN Capital Posts Metrics For October: Retail ADVs Up, Institutional ADVs Down
- GAIN Capital has today announced its monthly metrics for October 2013, with an increase of 43.3% MoM in total retail trading volume along with high ADVs, whereas the company's institutional ADVs receded by 4.5% MoM.
Monday, 11/11/2013 | 13:19 GMT by
Andrew Saks McLeod
Forex Magnates London Summit Kicks Off – Face to Face Networking
- Hundreds of forex industry professionals gather in London's prestigious venue as Forex Magnates London Summit 2013 kicks off. Networking is the focus of the Summit that includes panels, exhibition and awards.
Monday, 11/11/2013 | 11:42 GMT by
Ron Finberg
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}