brokers
Regulatory Filing Reveals Blackrock Pushes Its IG Stake to above 5%
- Blackrock takes a position in IG Group worth $191 million at current market prices in what looks like a strategic position with the company increasing its trade from 4.3% to 5.01% of the total float.
Thursday, 07/08/2014 | 15:18 GMT by
Victor Golovtchenko
Saxo Bank Reports July Metrics, Monthly Volume Once Again in the Red
- Saxo Bank has just reported its July 2014 metrics, highlighted by declining monthly volumes on both MoM (-5.7%) and YoY (-20.9%) timeframes – nearly on par with its worst month of the year this past April.
Thursday, 07/08/2014 | 14:52 GMT by
Jeff Patterson
The FCA Outlines Do's & Don'ts in Social Media Financial Promos
- The UK regulator has taken the initiative of clarifying compliance issues arising from using the new ways of interaction with customers of the financial industry by issuing a guidance consultation paper.
Thursday, 07/08/2014 | 09:47 GMT by
Victor Golovtchenko
How Do I Choose The Right Forex Broker?
- There are many different retail brokers who offer online platforms for forex trading.
Thursday, 07/08/2014 | 00:28 GMT by
Kiana Danial
A Brief Look at Forex Magnates' QIR2: Charging against Low FX Volatility
- While FX volatility is a metric which is hardly predictable, there are many ways in which a brokerage can address declining volumes - Saxo Bank and Dukascopy share ways to diversify a purely FX offering.
Wednesday, 06/08/2014 | 19:50 GMT by
Victor Golovtchenko
Financial Commission Issues H1 Report Detailing Its Client Dispute Resolution Mechanism
- During the first half of 2014, the Financial Commission has resolved 20 claims from clients of forex and binary options brokers and has successfully launched its initiative for certifying binary options platforms.
Wednesday, 06/08/2014 | 16:17 GMT by
Victor Golovtchenko
Exclusive: AxiCorp Becomes Prime of Prime Broker on KCG Hotspot
- The move is part of AxiCorp’s plans for expansion into the institutional market as it sets the stage for its next phase of planned growth with expansion on key international markets and niche segments.
Wednesday, 06/08/2014 | 06:12 GMT by
Avi Mizrahi
LQD Markets Officially No Longer Authorised by Cyprus Watchdog
- FX broker LQD Markets Ltd has officially renounced its CySEC authorization to provide investment services and now operates and an FCA regulated entity alone as Forex Magnates reported before it had planned.
Tuesday, 05/08/2014 | 09:48 GMT by
Avi Mizrahi
Japanese FX Volumes Lower across the Board With GMO Click down 10% in July
- GMO Click reports that its monthly figures have declined by 10% to ¥40.25 trillion, joining DMM Securities and Monex Inc., to mark the sixth consecutive month of declines on the Japanese FX market.
Tuesday, 05/08/2014 | 06:24 GMT by
Victor Golovtchenko
Global FX Volumes at Monex Group Have Shed Another 8% In July
- Volumes at Monex Group have declined for a sixth consecutive month, while the numbers at the Japanese OTC FX division Monex Inc. experienced an even more pronounced drop, shedding close to 18% in July.
Tuesday, 05/08/2014 | 05:40 GMT by
Victor Golovtchenko
European Commission Delays Unilateral Spot FX Definition to 2017
- A missing EU wide universal FX Spot transactions definition makes the EMIR implementation process a great example of the scale of European Bureaucracy and the lack of consensus (not only) about financial regulation.
Monday, 04/08/2014 | 17:37 GMT by
Victor Golovtchenko
DMM’s FX Volumes Continue to Drop for a Sixth Month, about -15% in July
- Japan’s second largest retail forex broker by volume, DMM Securities, has just released its July volumes showing another month-on-month decline, the sixth month straight of declines for the broker.
Monday, 04/08/2014 | 07:27 GMT by
Avi Mizrahi
Tradable: Does It Make Sense for Your Brokerage?
- Launching at the Forex Magnates London Summit in 2012, Tradable quickly made its mark in the online fx industry showcasing its ‘apps’ based platform and striking notable deals. But does it fit every brokerage?
Sunday, 03/08/2014 | 09:30 GMT by
Ron Finberg
“Meet The Experts” Welcomes Compliance Specialist, Su-King Hii
- Forex Magnates’ “Meet the Experts” platform welcomes its newest contributing expert, Su-King Hii, Principal at Innoinvest, who brings with him an extensive forex background in compliance-related issues.
Saturday, 02/08/2014 | 18:45 GMT by
Jeff Patterson
Binary Options Firm, 24option, Signs Agreement with Juventus Football Club
- One of Italy's leading sports teams, Juventus, has signed a partnership agreement with binary options firm 24option, the agreement is over 24 months and involves LED stadium advertising and hospitality.
Friday, 01/08/2014 | 16:26 GMT by
Adil Siddiqui
M&A, SDP Volume Strength Headline the July Forex Industry Review
- Although we have hit the summer season as well as the World Cup taking place, it didn't lead to a reduction of headlines, as July had its share of product launches, regulatory stories, and M&A.
Friday, 01/08/2014 | 07:15 GMT by
Ron Finberg
LCG’s COO, John Jones Resigns after 12 Months Service
- LCG has announced that its Chief Operating Officer has left the organisation. The broker-dealer reported that John Jones’ resignation will take immediate effect, the firm's share price was down 3.16%.
Thursday, 31/07/2014 | 16:36 GMT by
Adil Siddiqui
After Going West to the US, Liverpool Goes East as InstaForex Becomes Asia Sponsor
- In a two year, multi-million dollar deal, InstaForex becomes an official sponsor of English Premier League Liverpool FC. The sponsorship allows InstaForex to promote Liverpool in the Asia and CIS markets.
Thursday, 31/07/2014 | 09:51 GMT by
Ron Finberg
Alpari Launches "Not Investment Advice" Investment Advice for Stocks
- The Russia-based global broker is now offering an "Investment Ideas" section on its website advising clients how to make profitable investments on Alpari's Structured Products financial instruments.
Thursday, 31/07/2014 | 07:51 GMT by
Avi Mizrahi
Monex Q1 Fiscal 2015: Global FX Revenue Halved, Total Revenue down 43% YoY
- Monex Group's US business continues to be in the red, while YoY revenues from Japanese equities trading are taking a big hit due to the one-off rise last year, Japanese business now accounts for 63% of total revenues.
Thursday, 31/07/2014 | 07:27 GMT by
Victor Golovtchenko
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