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Analysis
Bitcoin Is Back at IG Markets – Ladder and Sprint Binary Options Launched Yesterday
2014-10-28T11:01:05.000+02:00
After launching and dumping the product last year, bitcoins are back at IG Markets. Getting re-launched this week, IG Markets has begun to offer bitcoins in both classic and ladder style binary options.
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Owner of S&P 500 Futures Trading System Website Gets $210,000 Penalty
2014-10-28T02:57:57.000+02:00
The U.S. Commodity Futures Trading commission has previously charged Neal E. Hall with failing to register as a commodity trading advisor (CTA) and failure to post cautionary statements on his website.
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Analysis
Berkeley Partners with FlexTrade to Offer MaxxTrader as Front-End Platform
2014-10-27T11:33:52.000+02:00
Berkeley Futures is the latest broker to sign a partnership with FlexTrade, offering MaxxTrader. Berkeley hopes to improve its existing FX offering by adding a new trading platform offering multi-asset functionality and "advanced" TCA features.
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Binary Options Trading Volume in Japan Declines in September, Forex Steals the Show
2014-10-25T19:44:55.000+02:00
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Brokers
Lottotech Raises $6 million, Launches Its Lottery Messenger Platform
2014-10-24T17:35:27.000+02:00
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Analysis
Exclusive: Numerous Brokers Experience Serious Delays Due to MT4 Server Vulnerability
2014-10-24T12:02:27.000+02:00
An attack on PrimeXM’s MT4 Server by an individual client caused more than 20 of the firm's brokerages a substantial disruption of their services last Wednesday, which happened to be one of the most volatile days of the year.
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Analysis
GMO Click Fiscal Q2: Revenues down 5% YoY, Profits Remain Intact
2014-10-24T10:02:14.000+02:00
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GO Markets Allures Traders with Investable and Deliverable Gold Bullion Service
2014-10-24T01:34:58.000+02:00
GO Markets launches a service that provides direct physical storage access to Gold bullion. The unique USP is avoiding the fiat cash-settled CFD/Futures markets rapidly losing investor confidence due to profound central bank currency debasement.
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Analysis
Panda TS Rolls out Weekend Trading, Provides FX & Gold Data Feeds 7 Days a Week
2014-10-23T18:03:35.000+02:00
The company announced that it will offer real-time data feeds for weekend trading on OTC-assets for major FX pairs & gold to brokers using the company’s feed or binary options platform.
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Analysis
IMF Taps Cyprus on the Shoulder, More Structural Reforms & Fiscal Consolidation Needed
2014-10-23T12:27:12.000+02:00
The IMF’s executive board, stated that while the country’s government has made progress with structural reforms it still needs more and the financial system remains vulnerable, with 54% non-performing loans.
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Analysis
Compagnie Financière Tradition Reports Mild Fall in Inter-Dealer Revenues While Avalanche Hits Retail
2014-10-23T07:43:19.000+02:00
Compagnie Financière Tradition (CFT) reports a mild 2.8% decline in Q3 inter-dealer broking business and a 29.6% YTD decline in consolidated revenue derived from its Japan-based retail FX business, Gaitame.com.
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Analysis
Breaking: DMM FX Australia Adopts "Ultra-Low Fixed Spreads" on All Trading Pairs
2014-10-22T18:21:44.000+02:00
The move raises the question: did FXCM start a new price war between brokers in Australia last week when it switched to a raw spreads model and how low can profits go if brokers will be forced to compete on spreads?
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Brokers
LCG Q3 Interim Statement: 2014 Revenues down 29.5% as Broker Looks Ahead
2014-10-22T09:13:42.000+02:00
Is the glass half empty or half full at London Capital Group? In their just issued Interim Management Statement, the broker reported poor revenues for 2014 but that restructuring has them fit for the future.
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Analysis
Breaking: Plus500 Ltd Reports Revenues Higher by 23% QoQ to $56.2m, Shares Soar 9%
2014-10-22T08:54:40.000+02:00
While average acquisition costs per user remained flat at $1005 per customer, the average revenue per user increased by 15% during the quarter, as the number of new clients rose by 17% and revenues totaled
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Analysis
FXTG Australia Relaunches with a Clean Slate and Streamlined Operations
2014-10-22T03:27:26.000+02:00
After going through a deep restructuring process and relaunching under a new brand name, FXTG’s current CEO Stavro D’Amore spoke candidly with Forex Magnates in an extensive interview focusing on FXTG’s future.
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HKEx Plans to Launch RMB Denominated Aluminium, Zinc and Copper Futures
2014-10-22T03:18:15.000+02:00
After one of its subsidiaries was named administrator for platinum and palladium benchmarking, the parent company HKEx announces new aluminium and zinc contracts that coincidentally relate to ongoing legal challenges in the US and UK.
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Expert Insights
How to Maximize Customer Ease of Use and Broker Security
2014-10-22T02:01:39.000+02:00
The main challenge that an online forex broker faces is how to detect fraudulent customer behaviour in real-time and providing balance.
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Strong Summer Trading Boosts Earnings at E*TRADE for Q3 Net Income at $86 Million
2014-10-22T00:17:55.000+02:00
Listed financial services provider, E*Trade, reports positive operating metrics for the third quarter of 2014. The brokerage firm announed strong figures in its net income and net revenue.
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Interactive Brokers Suffers Comprehensive Loss in Q3 2014 Due to USD Appreciation of $211 MLN
2014-10-21T22:57:21.000+02:00
The decrease in market making profits can also be attributed to lower average volatility, higher global M&A activity and a trading error that resulted in a loss of approximately $16 million during the quarter.
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Analysis
Strong Rebound for Alpari Group in September as Trading Volumes Increase 31.5% MoM
2014-10-21T17:11:37.000+02:00
Last year, the total trading volume for the month of September reached $260 billion for Alpari group, meaning that the group suffered about $43 billion drop compared to 2013, coming out at a yearly 16.5% decrease.
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Analysis
Invast Upgrades MT4 Server Functionality With Solid State Drive Technology
2014-10-21T10:46:08.000+02:00
An SSD upgrade is expected to deliver fast execution times, lower latency and better reliability. By introducing state-of-the-art technology, Invast hopes to compete among the world's best.
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Yet Another Pyramid Scheme? The ForexInn House of Cards Has Fallen
2014-10-21T10:41:44.000+02:00
As first published by Forex Magnates Russia the broker’s website is no longer operational, amid growing complaints by clients regarding "payment issues" reported both on social media and self regulatory body KROUFR.
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FMAdmin Someone
Analysis
Exclusive: City Index Integrates MT4 Accounts with its Proprietary G2 Platform
2014-10-21T09:02:36.000+02:00
Mike Lear, CIO at City Index explained the choice of the integrator and bridge developer saying: “We selected Gold-i because of their strong reputation in highly complex trading system integrations."
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“Meet The Experts” Adds Gamification, Binary Specialist Yoni Avital
2014-10-20T15:49:09.000+02:00
Forex Magnates’ “Meet the Experts” platform is pleased to announce the addition of its newest panel expert Yoni Avital, CEO of Tradesmarter, who brings with him a versatile knowledge of gamification and binary options.
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Analysis
Blackwell Global Chooses FlexTrade as Technology Partner, MaxxTrader As Front-End Platform
2014-10-20T09:15:40.000+02:00
Blackwell picks MaxxTrader as its trading platform for foreign exchange and precious metals. With the platform offering advanced TCA features, Blackwell hopes to enrich the retail market with institutional delights.
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