brokers
Alpari UK’s Administrator KPMG Clarifies Client Money Pool Currency Issues
- KPMG has updated its Alpari portal with information about currencies used in the special administration. The administrator cited reports in Forex Magnates and wanted to clarify the position for traders.
Wednesday, 18/03/2015 | 21:04 GMT by
Adil Siddiqui
Saxo Bank's Co-CEO Kim Fournais: Equity Traders Surpass Forex in 2014
- Forex Magnates' reporters spoke to Founder and co-CEO of Saxo Bank, Kim Fournais, about the company’s performance in 2014 and the challenges of January which the brokerage faced after the EUR/CHF floor removal.
Wednesday, 18/03/2015 | 19:37 GMT by
Victor Golovtchenko
Stephonomics: AUD Insider Trading, or Just Plain Trading?
- With 30 years of industry experience, Stephen A. Simonis presents his view about current events and their past parallels. Read and learn what he has to say about the AUD, scapegoats and Zuccotti Park.
Wednesday, 18/03/2015 | 19:30 GMT by
Stephen Simonis Senior
Breaking: Alpari Looking to Establish New EU Licensed Subsidiary
- The firm is already looking to hire a managing director for a subsidiary to be based in the EU, targeting clients mainly from Eastern Europe, where the brand has been actively promoting its services in the past.
Wednesday, 18/03/2015 | 10:32 GMT by
Victor Golovtchenko
Stock Market Simulation App TradeHero Partners OANDA to Add Forex
- The trading gamification app is adding foreign exchange and precious metals feeds though a partnership with OANDA, boasting an impressive presence in Southeast Asia in trading related mobile applications.
Wednesday, 18/03/2015 | 08:22 GMT by
Victor Golovtchenko
Spanish Retail Broker Interdin Shaken by the US Patriot Act
- The parent company of the broker was Banco de Madrid, which went belly up on Monday as U.S. authorities have cracked down on its parent bank Banco de Andorra and labeled it as "a primary money laundering concern".
Tuesday, 17/03/2015 | 19:39 GMT by
Victor Golovtchenko
Australian Insider Trading Duo Gets Jail Time After Trading Margin FX
- Former Australian Bureau of Statistics employee Christopher Hill got 3 years and 3 months while the holder of margin forex trading accounts with Pepperstone and AxiCorp Luca Kamay is sentenced to 7 years and 3 months.
Tuesday, 17/03/2015 | 19:09 GMT by
Victor Golovtchenko
FXCM Seniors Sign Revised Founder Severance Agreement - Thus Providing a Layer of Safety
- Senior executives at listed currency and CFD broker, FXCM, have signed an amended agreement that protects them in case their employment is terminated, with the four receiving a set remuneration in reference to their salary and bonus.
Tuesday, 17/03/2015 | 18:32 GMT by
Adil Siddiqui
GAIN Capital Shareholders Green Light Acquisition of City Index Ltd
Tuesday, 17/03/2015 | 13:21 GMT by
Jeff Patterson
IG Group Stockbroking Business on Track With 2600 Funded Accounts
- The majority of the clients who got interested in the product, are new customers for the company and have also expressed interest in the firm’s leverage traded products, as the company awaits its Dubai license.
Tuesday, 17/03/2015 | 09:46 GMT by
Victor Golovtchenko
IG Group Expects to Provide for Majority of CHF Related Client Debts
- IG Group's attempts to recover client funds continue with half of the negative balances resulting from the Swiss National Bank's decision to remove the 1.20 floor in the EUR/CHF already settled.
Tuesday, 17/03/2015 | 09:17 GMT by
Victor Golovtchenko
Fraud Alert: Belgium FSMA Warns against a New Breed of Forex Scams
- Fake lawyers, accountants and financial advisors are claiming that they are somehow able to recover deposits of clients who have lost money in trading forex and off exchange binary options contracts.
Monday, 16/03/2015 | 17:41 GMT by
Victor Golovtchenko
FxPro Officially Goes Live with MetaTrader 5 Offering
- After announcing in January its intentions to offer MT5 to the market, FxPro today launched its solution optimized for use by STP brokers in the global foreign exchange industry amid growing demand.
Monday, 16/03/2015 | 15:21 GMT by
Victor Golovtchenko
FXCM Inc Shares Trading Lower 7% Amid Analyst Downgrades
- A number of analysts have issued their ratings on FXCM stock in recent days after the company reported a stronger than expected fourth quarter of 2014, revealing more details about its SNB induced crisis.
Monday, 16/03/2015 | 14:25 GMT by
Victor Golovtchenko
FCA Issues Finalised Guidance for Social Media Financial Promotions
- The finalised version of the social media guidance was published by the FCA after extensive consultation with the industry, outlining how brokers can appropriately use this wide-reaching communications channel.
Saturday, 14/03/2015 | 16:23 GMT by
Victor Golovtchenko
United Signals: Social Asset Management Made in Germany
- The company is providing a set of strategies run by a selection of professionals who are executing their trades on the multi-level risk management system of the German social asset management provider United Signals.
Saturday, 14/03/2015 | 12:24 GMT by
Victor Golovtchenko
The Votes Are In: Alpari UK Concludes Initial Resolution Meeting
- Alpari UK clients and creditors had the opportunity to vote on a number of initiatives on Thursday, voting in favor of resolutions for the approval of joint Special Administrators proposals and the formation of a creditors' committee.
Friday, 13/03/2015 | 17:37 GMT by
Jeff Patterson
February Binary Options and Foreign Exchange Volumes in Japan Down
Friday, 13/03/2015 | 15:56 GMT by
Victor Golovtchenko
No Bids for Alpari Japan as 4,500 Alpari UK Clients Register Claims
- Just a little over 13,000 clients are entitled to claims over $100, with the biggest 126 customers of Alpari looking to receive close to $50 million as KPMG announced that it had received no offers for Alpari Japan.
Friday, 13/03/2015 | 13:04 GMT by
Victor Golovtchenko
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