brokers
LCG Exodus Ends as Francois Nembrini Joins to Become Head of Sales and Trading
- Leaving FXCM after twelve years at the broker, Francois Nembrini joins London Capital Group to become its new Global Head of Sales and Trading as the broker is in the middle of a corporate restructuring.
Monday, 06/10/2014 | 08:30 GMT by
Ron Finberg
Monex Group Joins the September Volumes Party to Close Q3 on a High
- A 48% increase in monthly forex trading volume and a 112% boost in average daily trading value allows Monex Group to join the procession of positive performance metrics from across the trading industry.
Monday, 06/10/2014 | 04:41 GMT by
George Tchetvertakov
London to Position Itself as Binary Options Trading Hub under Regulatory Reforms
- Could the UK play homage to the vibrant Binary Options sector if new Government proposals take shape? Plans to regulate the instrument under the authority of the FCA could revolutionise the gambling-based instrument.
Friday, 03/10/2014 | 20:54 GMT by
Adil Siddiqui
Intercontinental Exchange Inc Reports Average Daily FX Volumes Doubled in September
- Across other assets classes the most notable increase has been in the number of equity derivatives which grew by 24% in the month of September when compared to last year, as commodities and fixed income dropped.
Friday, 03/10/2014 | 13:08 GMT by
Victor Golovtchenko
Information War Pushes Ukrainian Broker MMCIS into Crisis
- A significant rise in client complaints regarding withdrawals, extensive management changes as well as other factors put the future survival of MMCIS in doubt. Forex Magnates tries to piece the story together and provide a complete picture.
Friday, 03/10/2014 | 09:34 GMT by
FMAdmin Someone
CMC Markets Launches Equity Analytics Tool, Upgrades iOS and Android Mobile Platforms
- The company is focusing to deliver an expanded set of stocks analytic tools by providing Morningstar Quantitative Equity Research Reports, while the redesign aims to deliver a more seamless user experience on mobile.
Friday, 03/10/2014 | 09:24 GMT by
Victor Golovtchenko
GMO Click Reports Sharply Better September Volumes as Forex Market Wakes Up
- One of the largest retail FX brokers in Japan, GMO Click reports 79% growth in FX volume compared to August and a 43% YoY rise compared to September 2013. The FX market has truly left hibernation in the month of September.
Friday, 03/10/2014 | 03:16 GMT by
George Tchetvertakov
Exclusive: GMO Click Officially Sets-up Shop in London under FCA Authorisation
- One of the world’s largest currency derivatives providers has been granted authorisation under the UK’s financial watchdog. GMO CLICK gains regulatory status with the Financial Conduct Authority to carry out FX business.
Thursday, 02/10/2014 | 18:33 GMT by
Adil Siddiqui
BinaryOptionsThatSuck.com Launches Communitraders 2.0 Social Trading Platform
- BinaryOptionsThatSuck, a binary options broker review site, that also provides a forum for customers to offer feedback and their personal reviews, launches its newest iteration, CommuniTraders 2.0
Thursday, 02/10/2014 | 14:01 GMT by
Ron Finberg
Trading Volumes at Japanese DMM Securities Ratchet Higher by 70% in September
- The company reported its second strongest month for the year after marking a very strong January, which turned out to be a one off event and lead to half a year of monthly drops before the rebound started last month.
Thursday, 02/10/2014 | 13:42 GMT by
Victor Golovtchenko
Saxo Bank's September Trading Volumes Shoot Higher than 50%
- The average daily volumes have increased by more than 44% to $14.6 billion, while the new paradigm on the foreign exchange market is delivering a broad based rebound in trading activity across the industry.
Thursday, 02/10/2014 | 11:25 GMT by
Victor Golovtchenko
Who Needs Credit Cards When There Is ACH? – FOREX.com Partners with Knox Payments
- Providing a solution for the NFA's recent ban on using credit cards to fund US forex trading accounts, GAIN Capital has partnered with ACH bank to bank transfer provider, Knox Payments for FOREX.com.
Thursday, 02/10/2014 | 08:54 GMT by
Ron Finberg
September Forex Industry Review – Draghi Picks up New Fans While FXCM and Monex Deal
- In this month's industry review we take a look at September's major headlines and some lesser known but important news points that took place in the period. Overall, everyone loved the ECB's Draghi.
Thursday, 02/10/2014 | 08:49 GMT by
Ron Finberg
Exclusive: Pepperstone Shuts Down Japan Services as IPO Grows Imminent
- One of Australia’s largest FX and CFD brokers is pulling out of Japan and re-focusing on regions where it is fully regulated. With an IPO imminent the broker is looking to Europe and New Zealand for international expansion.
Thursday, 02/10/2014 | 05:20 GMT by
George Tchetvertakov
Interactive Brokers Reports September 2014 Trading Metrics, DARTs Increase by 17% MoM
- The total client equity of Interactive Brokers reached $54.9 billion during the month of September 2014, 1% lower than the August figure but an impressive 33% increase compared with the same month of previous year.
Wednesday, 01/10/2014 | 16:52 GMT by
Avi Mizrahi
CFD Industry Survey Reveals Germany and Australia as Only Regions with CFD Client Growth
- Investment Trends' study shows that most regions have struggled to record growth in CFD trader numbers over the past 12 months with some exceptions. Survey estimates IG is the prime option for over a third of Australian CFD traders.
Wednesday, 01/10/2014 | 14:16 GMT by
George Tchetvertakov
Who Will Get the CEOs' Spotlight on Forex Magnates’ Innovation Stage?
- Join the industry’s leading CEOs as they crown the best cutting edge products, launched by both emerging start-ups and key veteran players in the Forex Magnates London Summit's brand new tech-oriented session.
Wednesday, 01/10/2014 | 13:43 GMT by
FMAdmin Someone
NFA Tightens Reporting Rules for FDM on Customers' Liabilities
- Starting from October 15th, Forex Dealer Members will have to inform each qualifying institution about their assets holdings used to cover the liabilities to its retail forex customers on a daily basis.
Wednesday, 01/10/2014 | 13:37 GMT by
Victor Golovtchenko
FXCM Repositions Its Strategy for Japan's CFD Market
- FXCM amends its CFD offering for Japanese traders as it restructures its operations. In a note, the firm stated that it was withdrawing the service for retail clients and will continue servicing professional traders.
Tuesday, 30/09/2014 | 19:13 GMT by
Adil Siddiqui
Exclusive: Admiral Markets Group CEO Reacts to First-Ever Net Loss in H1 2014
- Operating income for Admiral also fell by 34% from 6,548,204 euros in H1 2013 to 4,299,808 euros in H1 2014 but the CEO of the group explained to Forex Magnates that I.T and infrastructure investments are to blame.
Tuesday, 30/09/2014 | 18:30 GMT by
Avi Mizrahi
Exclusive Insight: TradeStation's Foray into Mainland China
- Forex Magnates reporters have spoken exclusively to TradeStation's CEO Salomon Sredni about the company's foray into the Chinese Market and the challenges which are facing the platform provider in this new region.
Tuesday, 30/09/2014 | 09:50 GMT by
Victor Golovtchenko
Societe Generale Securities Services Fortifies Broker-Dealer Solutions Suite
- In a bid to target institutional brokers, banks, and broker-dealers, Societe Generale Securities Services (SGSS) has launched a new Global Broker-Dealer Services (BDS) outsourcing solution.
Tuesday, 30/09/2014 | 08:14 GMT by
Jeff Patterson
AxiTrader Adds Hong Kong Dollar Pairs at the Most Geopolitically Opportune Time
- With growing public unrest in Hong Kong gyrating the HK dollar, AxiTrader makes several HKD pairs available to cater for traders looking to take advantage of changing geopolitical trends.
Tuesday, 30/09/2014 | 07:12 GMT by
George Tchetvertakov
Lottery Messenger Exclusive: LottoYard Buys out LotteryMaster
- One of the first white label platform providers in the industry, LottoYard, purchased LotteryMaster.com for an undisclosed sum, bringing in knowhow and a list of clients which the company collected since 2010.
Tuesday, 30/09/2014 | 06:00 GMT by
Victor Golovtchenko
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