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Saxo Bank “Likes” TradingFloor as Visitors up over 150% since Launching Social Trading
2014-10-07T18:43:17.000+02:00
Since launching TradingFloor as a social trading platform, Saxo Bank has experienced 150% growth of monthly visitors on the platform illustrating the product's rising interest among the broker's customers.
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You Were Warned! Ukrainian Broker MMCIS Limits Withdrawals as Part of Anti-Crisis Measures
2014-10-07T17:28:22.000+02:00
After reported allegations against the broker it issued an emergency anti-crisis program to "stabilize the company under a raider attack and eliminate panic" including increasing its number of lawyers and security.
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FXTM Expands Range of Trading Instruments; Focuses on Yuan and Gold
2014-10-07T13:03:58.000+02:00
FXTM expands its product range to appeal to clients' changing tastes and preferences, driven by macroeconomic developments worldwide.
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IFC Markets Launches New Gold Linked Products on NetTradeX
2014-10-07T12:18:25.000+02:00
IFC Markets launches a brand new set of Gold markets linked to the Australian Dollar, Chinese Yuan and Japanese Yen. Gold traders now have an extended list through which to speculate on the value of yellow metal.
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Technology
NYSE Integrates Cinnober for Its Regulatory Technology Provisions
2014-10-07T11:34:09.000+02:00
The NYSE Group has announced that its NYSE Regulation operations has selected Cinnober for its technology provisions as it looks to expand its market surveillance and enforcement program for its exchanges.
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Leverate Partners with CWM FX to Provide Brokerage Services to B2B Clients
2014-10-06T16:29:44.000+02:00
Partnering with CWM FX to create a new Cyprus broker, Leverate will be expanding its services to B2B customers to include licensing, compliance, payment processing and risk management solutions.
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Maltese Financial Services Authority Issues Public Warning Regarding Ukrainian Broker MMCIS
2014-10-06T14:50:55.000+02:00
Following on from last week's 'Information War', this week MMCIS faces a public warning from the Maltese Financial Services Authority (MFSA). When it rains, it pours.
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LCG Exodus Ends as Francois Nembrini Joins to Become Head of Sales and Trading
2014-10-06T10:30:43.000+02:00
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.
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Brokers
Monex Group Joins the September Volumes Party to Close Q3 on a High
2014-10-06T06:41:52.000+02:00
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.
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Analysis
London to Position Itself as Binary Options Trading Hub under Regulatory Reforms
2014-10-03T22:54:50.000+02:00
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.
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Brokers
Intercontinental Exchange Inc Reports Average Daily FX Volumes Doubled in September
2014-10-03T15:08:09.000+02:00
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.
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Information War Pushes Ukrainian Broker MMCIS into Crisis
2014-10-03T11:34:14.000+02:00
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.
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Analysis
CMC Markets Launches Equity Analytics Tool, Upgrades iOS and Android Mobile Platforms
2014-10-03T11:24:20.000+02:00
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.
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GMO Click Reports Sharply Better September Volumes as Forex Market Wakes Up
2014-10-03T05:16:36.000+02:00
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.
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Exclusive: GMO Click Officially Sets-up Shop in London under FCA Authorisation
2014-10-02T20:33:32.000+02:00
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.
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BinaryOptionsThatSuck.com Launches Communitraders 2.0 Social Trading Platform
2014-10-02T16:01:31.000+02:00
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
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Analysis
Trading Volumes at Japanese DMM Securities Ratchet Higher by 70% in September
2014-10-02T15:42:05.000+02:00
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.
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Saxo Bank's September Trading Volumes Shoot Higher than 50%
2014-10-02T13:25:23.000+02:00
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.
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Who Needs Credit Cards When There Is ACH? – FOREX.com Partners with Knox Payments
2014-10-02T10:54:31.000+02:00
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.
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September Forex Industry Review – Draghi Picks up New Fans While FXCM and Monex Deal
2014-10-02T10:49:08.000+02:00
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.
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Analysis
Exclusive: Pepperstone Shuts Down Japan Services as IPO Grows Imminent
2014-10-02T07:20:16.000+02:00
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.
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Interactive Brokers Reports September 2014 Trading Metrics, DARTs Increase by 17% MoM
2014-10-01T18:52:10.000+02:00
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.
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CFD Industry Survey Reveals Germany and Australia as Only Regions with CFD Client Growth
2014-10-01T16:16:09.000+02:00
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.
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Who Will Get the CEOs' Spotlight on Forex Magnates’ Innovation Stage?
2014-10-01T15:43:52.000+02:00
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.
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Brokers
NFA Tightens Reporting Rules for FDM on Customers' Liabilities
2014-10-01T15:37:15.000+02:00
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.
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