brokers
Hungarian National Bank Takes Control of Buda-Cash Broker
- On suspicion of cooking the books for over a decade, some 10 billion forint ($37 million) in client losses are expected and as much as 100 billion forint ($371 million) in assets are unaccounted for by the firm.
Tuesday, 24/02/2015 | 19:39 GMT by
Kenny Mariasin
IronFX Faces Cyprus Court Complaints by 160 Chinese Clients and IBs
- The spat with Chinese clients reaches the Limassol District Court. “Our success draws competitors’ criticism, we aren't doing anything different from others,” says IronFX CEO, dubbing the plaintiffs "abusive traders".
Tuesday, 24/02/2015 | 14:20 GMT by
Victor Golovtchenko
MarketCloud Partners with Hybrid Solutions to Host VertexFX Trading Platform on the Cloud
- The popular VertexFX platform, developed by Hybrid Solutions, will become accessible to global users as it signs a hosting agreement with Cyprus-based MarketCloud, thus reducing costs for traders.
Tuesday, 24/02/2015 | 12:11 GMT by
Adil Siddiqui
10% Decrease in Operating Revenues at Japanese Broker Monex in January
- Japanese broker-dealer, Monex, reported January operating metrics. The multi-asset provider saw operating revenues drop during the crisis-led month with an increase in financial expenses, adding to the firm’s misery.
Tuesday, 24/02/2015 | 09:01 GMT by
Adil Siddiqui
Alpari Japan Gives Clients 3 Weeks to Access Reports before Servers Shutdown
- Trade transcripts such as Annual Transaction Report and Customer Report are usually needed by traders and money managers to analyse their performance as well as complete fillings with tax authorities.
Monday, 23/02/2015 | 10:23 GMT by
Avi Mizrahi
US Forex down in December as Alpari Dubai Draws Competitor Attention
- Last week gave us a rundown on December US data for top brokerages, continued interest in the Alpari UK saga, the merger of Australian broker GO with Vantage FX UK as well as a flurry of CySEC regulatory activity.
Sunday, 22/02/2015 | 10:08 GMT by
Kenny Mariasin
Bitcoin Weekly Wrap - Bitserve Extends Product Range & Bitstamp Enhances Platform
- The world of virtual currencies saw a number of enhancements this week, notably Bitstamp, which introduced HTML5 charting on its trading terminal, with Bitserve extending its bitcoin derivatives instrument list.
Saturday, 21/02/2015 | 18:08 GMT by
Adil Siddiqui
London's City Keeps Attracting Forex and CFD Brokers to the UK
- The global nature of trading OTC products, along with sound regulation and an esteemed reputation, makes London a natural hub for the industry, as overseas participants continue to eye the City's many perks.
Saturday, 21/02/2015 | 15:30 GMT by
Adil Siddiqui
Plus500 Remains Attractive Buy as Deutsche Bank Customers Increase Their Stake in the Broker
- Institutional investors’ interest in margin derivatives brokers continues with news of Deutsche Bank increasing their stake in Plus500 on behalf of their customers.
Friday, 20/02/2015 | 18:19 GMT by
Adil Siddiqui
KPMG Releases Alpari UK Update, Claim Procedure and Upcoming Meeting
Friday, 20/02/2015 | 14:34 GMT by
Jeff Patterson
Dukascopy Instills Euro-Related Weekend Leverage On Eve of Greek Finality
Friday, 20/02/2015 | 11:13 GMT by
Jeff Patterson
Social Trading Network eToro Introduces New Trader Incentives
- The social trading network revamped its reward program back in December and after a positive response from trade leaders has further increased the attractiveness of its offering as it partnered with Telecitygroup.
Thursday, 19/02/2015 | 17:00 GMT by
Victor Golovtchenko
CySEC Cautions Investors about Talanto Capital Markets
- The Cyprus Securities and Exchange Commission issued a statement today informing investors that the company Talento Capital Markets (Cyprus) is not permitted to provide investment and ancillary services in the country.
Thursday, 19/02/2015 | 15:44 GMT by
Kenny Mariasin
iFX EXPO International, Forex Magnates 2015 Summits Dates Announced
- iFX EXPO international will take place on May 26-28, while Forex Magnates Tokyo and London Summits are scheduled for July and November. Save the dates and stay tuned for the industry's best content and networking opportunities.
Thursday, 19/02/2015 | 12:22 GMT by
FMAdmin Someone
FxPro Upgrades Its Automated Strategy Creation Tool FxPro Quant
- The new version will be able to export strategies as both MT4 EAs and cTrader robots, while delivering the FxPro Quant portal for free to all traders regardless of whether they have an account with the brokerage or not.
Thursday, 19/02/2015 | 07:28 GMT by
Victor Golovtchenko
CFTC Data Shows FXCM Inc. Retail Forex Funds Shed 12% in December
- The Futures Commission Merchant of KCG Holdings, KCG Americas LLC, has been removed from the list due to its sale to Wedbush Securities. Institutional Liquidity LLC has been officially delisted as an FCM.
Wednesday, 18/02/2015 | 18:23 GMT by
Victor Golovtchenko
CySEC Suspends Financial Services License of FxPulp on Two Counts
- The Cypriot watchdog has raised its concerns about the client funds at the company and the compliance with the practice of client funds segregation, while also being alarmed about anti-money laundering procedures.
Wednesday, 18/02/2015 | 15:46 GMT by
Victor Golovtchenko
OANDA Enhances Developer API as the Broker Advances Third Party Integration
- Receiving demand from both traders using the API, integrating their apps to their trading accounts, as well as from third party developers, OANDA has announced an update to its API Developer Portal.
Wednesday, 18/02/2015 | 14:18 GMT by
Ron Finberg
Alpari Moves Exotic Currency Pairs into Close Only Mode
- The changes will take effect on the 20th of February, with a hard deadline on the 27th when all of the positions will be closed at the last available rate, as the firm adds 26 new currency pairs to its Nano accounts.
Wednesday, 18/02/2015 | 09:43 GMT by
Victor Golovtchenko
Bulgarian Regulator Warns Against Prospective Interactive Brokers Clone
- The entity Global Markets Ltd. has changed its name to Interactive Brokerage Ltd., which is dangerously close the to US-listed and CFTC-regulated brokerage Interactive Brokers while continuing to on-board clients.
Tuesday, 17/02/2015 | 15:44 GMT by
Victor Golovtchenko
How Can Brokers Evaluate Risk?
- Answering a comment on his previous blog post, Centroid Solutions' CEO Rani Sawaf provides an in detail example of several key risk factors concerning the forex space. Engage in the discussion in the comments below.
Tuesday, 17/02/2015 | 15:31 GMT by
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