brokers
How Is the Forex Leverage Landscape Changing? Full List of Brokers Forced to Hike Margin
- Forex Magnates brings you the complete look at the harshening margin requirements after the industry was shocked by the CHF black swan and regulators started to tighten the screws on maximum leverage.
Thursday, 22/01/2015 | 08:18 GMT by
Avi Mizrahi
Breaking: NFA Raises Margin Requirements for Swiss Franc, Swedish Krona and Norwegian Krone
Wednesday, 21/01/2015 | 23:11 GMT by
Ron Finberg
US Attorneys Plan Investigations into FXCM & Possible Breaches of Equities Rules
- Two US law firm have issued press releases informing the public that they are investigating possible violation of securities rules that occurred when FXCM's share price plummeted 90% in the midst of the CHF problems.
Wednesday, 21/01/2015 | 21:48 GMT by
Adil Siddiqui
Exclusive: FXCM Inc to Increase Margin Requirements in Two Steps to 2%
- Exclusive information obtained by Forex Magnates' reporters confirms that the brokerage is about to increase margin requirements on open positions just before a series of potentially volatile market events.
Wednesday, 21/01/2015 | 18:30 GMT by
Victor Golovtchenko
FXCM Inc. Shares Trading Higher by Almost 50% as Negative Account Balances Pending
- Following its worst trading day in history, when the company lost close to 90% of its value at one point, shares of the US listed brokerage FXCM Inc. are trading almost 50% higher on the New York Stock Exchange.
Wednesday, 21/01/2015 | 17:40 GMT by
Victor Golovtchenko
EUR/USD Day Traders Shell Shocked as WSJ Reports ECB €50 Billion QE
- Prices across major euro crosses fluctuated sharply in the aftermath of a Wall Street Journal report stating that the European Central Bank could announce a €600 billion bond-buying program tomorrow.
Wednesday, 21/01/2015 | 15:55 GMT by
Victor Golovtchenko
December Alpari Russia Trading Volumes Reported Lower by 2% Month-over-Month
Wednesday, 21/01/2015 | 15:10 GMT by
Victor Golovtchenko
Alpari UK Majority Owner: The SNB Shock's Primary Lesson? Risk Management Counts
- Andrey Dashin, majority shareholder of Alpari UK and Founder of ForexTime, shares his insights from the CHF-propelled crisis that sent Alpari UK into administration and still ripples through the markets.
Wednesday, 21/01/2015 | 14:41 GMT by
Avi Mizrahi
Once Bitten, Twice Shy: What Brokers Started Limiting Leverage Ahead of Pivotal ECB Move?
- The European Central Bank is expected to announce on Thursday what action it will take with regard to its quantitative easing program. The repercussions of the Swiss franc move led industry to take extra caution.
Wednesday, 21/01/2015 | 11:43 GMT by
Avi Mizrahi
What Can a Small Broker Do in Tsunami Situations?
- In this guest contribution, our new guest blogger Hüseyin Gürsöz shares with us what, in his experience, a small broker can do in order to save himself from crisis situations like this past Black Thursday.
Wednesday, 21/01/2015 | 06:07 GMT by
Guest Contributors
US Broker Interactive Brokers Reports Strong 2014 Earnings, 49% Pre-Tax Profit
- Upbeat market volatility supports positive earnings data at broker-dealer Interactive Brokers. The US listed broker saw income rise before taxes on a year-over-year basis, with client equity also increasing to $57.6 billion in 2014.
Tuesday, 20/01/2015 | 22:12 GMT by
Adil Siddiqui
Inside the Swiss Franc Crisis: How Did OANDA Handle It All?
- In a series of articles, Forex Magnates' reporters will be discussing with various brokers how the events of Black Thursday unfolded and how the brokers’ risk management systems handled the order flow.
Tuesday, 20/01/2015 | 22:02 GMT by
Victor Golovtchenko
Citi Analyst: FXCM Financing Terms Reveal a Lifeline for April Sale as Stock Plummets
- At $1.62, shares of FXCM are down nearly 90% after they re-opened today following Friday’s trading halt. So far, traders are giving the thumbs down to the broker's $279 million financing terms.
Tuesday, 20/01/2015 | 20:20 GMT by
Ron Finberg
FCA Visits Brokers Inspecting Swiss Debacle Impact on Client Assets
- UK FIRMS in the forex space have been in direct contact with the UK regulator in reference to client money rules and regulations, Forex Magnates has learned. Firms are being questioned on their CASS Resolution Pack.
Tuesday, 20/01/2015 | 18:22 GMT by
Finance Magnates Staff
Exclusive: Alpari UK Should Have Shut down a Year Ago Says Majority Owner
- Andrey Dashin comments to Forex Magnates about Alpari UK's insolvency: "Winding up was better than a financial meltdown with unpredictable consequences." Read the full statement along with telling data.
Tuesday, 20/01/2015 | 16:57 GMT by
Avi Mizrahi
JFSA Orders Alpari Japan to Retain Assets within the Country
- The Kanto province Local Financial Bureau is preemptively taking measures to ensure that there won’t be a transfer from local accounts to the Alpari UK entity still facing bankruptcy or last minute acquisition.
Tuesday, 20/01/2015 | 15:00 GMT by
Victor Golovtchenko
Swissquote/MIG Bank Merger Reaps Dividends as Broker Ends 2014 Surpassing Internal Goals
- Swissquote cracked the $100 billion barrier during the last quarter of 2014 as total FX volumes for Q4 were $330 billion, representing that the broker was achieving ongoing traction of its FX unit since acquiring MIG Bank.
Tuesday, 20/01/2015 | 08:30 GMT by
Ron Finberg
IG Group Reports Revenues Rising 8% in First Half of Fiscal 2015
- The UK spread betting brokerage has announced that its revenues have grown to $297.7 million and profits rose by 2.8%, reaching almost $ 153 million, while a Dubai license application remains on track.
Tuesday, 20/01/2015 | 08:09 GMT by
Victor Golovtchenko
FXCM Inc's Loan from Leucadia Net Proceeds $279 Million, Interest Rate Increases 1.5% Quarterly
- Some details of the loan from Leucadia to FXCM are out, revealing a growing interest over time and the possibility of additional fees totaling $30 million if the principal is not reduced to below $250 million by April 16th.
Tuesday, 20/01/2015 | 06:53 GMT by
Victor Golovtchenko
Prolonged Volatility Pushes Brokers to Increase Margin Requirement across FX Majors
- Forex brokers have altered the leverage offered to retail traders amid growing talk of increased volatility. Saxo Bank joins JFD Brokers and increases margin requirements. JFD Brokers increased margin to 2% on major forex pairs.
Monday, 19/01/2015 | 21:59 GMT by
Adil Siddiqui
IronFX Recognizes Dubai as a Regional Hub – Extends Global Base through New DFSA Firm
- UAE regulator, DFSA, has granted global currency and CFD provider IronFX, a license to operate as an authorized firm. The Cypriot origin broker continues to expand its business operations in the international forex markets.
Monday, 19/01/2015 | 20:45 GMT by
Adil Siddiqui
Swiss Bank Dukascopy Will Reimburse Traders with Negative Balances
- Dukascopy has reported that it will be reimbursing clients whot have negative balances as a result of the SNB events on the 15th of January. The firm has not cancelled or negatively adjusted trades.
Monday, 19/01/2015 | 20:25 GMT by
Adil Siddiqui
Exclusive Interview: Emanuel Kronitz, Founder of AvaTrade, “FX Industry Came out Strong”
- In an interview with AvaTrade's Founder, Emanuel Kronitz, he explains why he doesn't believe regulators will make changes to margin requirements, the maturity of the forex industry, and shares views on risk management.
Monday, 19/01/2015 | 17:08 GMT by
Ron Finberg
Alpari UK Placed in Special Administration by FCA as No Deal Has Been Reached
- Article updated with official announcement. KPMG will try to find a buyer for the broker themselves in a last effort to save the business or KPMG will have to oversee the distribution of the company's funds.
Monday, 19/01/2015 | 16:00 GMT by
Avi Mizrahi
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