brokers
Ameritrade's Revenues Drops by 6% in Q3, Despite Record Client Assets
- The NYSE listed online stocks broker, TD Ameritrade has reached a record of $650 billion in client assets under management, up 24% Y-o-Y, but the revenues were down after gains in two consecutive quarters.
Tuesday, 22/07/2014 | 12:12 GMT by
Avi Mizrahi
Monex Group Suffers 90% Net Income Decrease, Preliminary Q1 Results
- The Tokyo-based global financial broker has released its preliminary quarterly results showing drastic drops in both operating income and net revenues for the first quarter of the year ending March 2015.
Tuesday, 22/07/2014 | 08:21 GMT by
Avi Mizrahi
Europe Shines as IG Posts Record Full Year Revenues
- IG has posted its full year results for the period ended May 31st 2014. During the year, net trading revenue rose 2.4% to £370.4M with pre-tax profits edging 1.3% to £194.7M. The revenues marked a record for IG.
Tuesday, 22/07/2014 | 07:21 GMT by
Ron Finberg
Swissquote Reports Revenue Growth in H1, but Drop in Profits Due to MIG M&A
- The costs of acquisition and integration of MIG Bank led to an 18% decline in net profit for the Swissquote group despite an increase in net revenues of 16.8% Year-on-Year to CHF 70.3 million in H1 2014.
Tuesday, 22/07/2014 | 06:58 GMT by
Avi Mizrahi
OSC Warns of ‘High’ Returns in Forex, Binary Options and Marijuana
- The Ontario Securities Commission marked ‘hot’ investment trends in a report titled “Beware of the latest thing”. On the list are marijuana, Forex, and binary options investments: "big payouts come with big risks".
Monday, 21/07/2014 | 15:45 GMT by
Ron Finberg
Sneak Peak: Beta Version of the ONYX Multi-Broker Trading Platform Reviewed
- A multi-broker account aggregating platform which is aiming to provide easy cross-broker account management, a "true pricing" mechanism and some ways to provide traders with interactive communication tools.
Monday, 21/07/2014 | 15:37 GMT by
Victor Golovtchenko
Why the Chinese Buy US Real Estate and What it Shows About China's Economy
- In the first part of Forex Magnates Special China Series, we examine how trends in foreign housing purchases in the American market can reveal undercurrents in the global financial order and the Chinese economy.
Monday, 21/07/2014 | 14:22 GMT by
Avi Mizrahi
UK's Serious Fraud Office to Investigate FX Fixing, According to Sources
- A formal criminal probe against financial institutions related to FX fixing manipulation could lead to increased costs for the industry and further damage the "level playing field" reputation of the FX market.
Monday, 21/07/2014 | 09:20 GMT by
Victor Golovtchenko
A Brief Look at QIR2: Is Social Marketing an Inexact Science?
- Brokers are constantly seeking to expand their exposure in an increasingly globalized world, routinely adapting to changes that necessitate new strategies – the fx industry is no exception to this trend.
Sunday, 20/07/2014 | 14:56 GMT by
Jeff Patterson
Exclusive: Restructuring and Integration Efforts on its Way at Boston Technologies
- Multiple independent sources have confirmed that a restructuring effort is on its way at Boston Technologies and the integration process of Forexware's superior technological solutions is the management's top priority.
Friday, 18/07/2014 | 18:18 GMT by
Victor Golovtchenko
Exclusive: Russian Forex Regulatory Discussion Leaks as Voting Postponed for Autumn
- Sources close to ongoing discussions claim two types of regulatory licenses for the Russian market - for prime brokerages and for retail brokerages which can only be sourcing liquidity from regulated prime brokerages.
Friday, 18/07/2014 | 07:58 GMT by
Victor Golovtchenko
China UnionPay issues its first credit card in Africa
Thursday, 17/07/2014 | 13:42 GMT by
FMAdmin Someone
Exclusive: Gallant Capital Markets Acquired by WSM Investments for $14.5 Million
- The New Zealand based global banking services company, WSM Invest will be merged under the Gallant Capital Markets brand. The group sees the strategic combination as key to driving growth in Europe and Asia.
Thursday, 17/07/2014 | 13:09 GMT by
Avi Mizrahi
LCG Holdings H1 Trading Update: Revenue Lower by 40% YoY and 4% QoQ
- After the deal with GLIO Holdings has concluded, LCG Holdings plc is building a balance sheet to finance its expansion into new markets and develop new product offerings, as shares are trading lower by 27% YTD.
Thursday, 17/07/2014 | 07:17 GMT by
Victor Golovtchenko
Low Spreads Threatening Brokers’ Profit?
- The stiff competition in Broker margins is a clear indicator of mature industry conditions.
Thursday, 17/07/2014 | 00:02 GMT by
Leon Yohai
OANDA Partners with Autochartist to Deliver New Technical Analysis Tools
- Two new features will be available to OANDA's fxTrade clients - Correlating Signals, which is sending email notifications on technical breakout events and is a joint development and Autochartist's own "Our Favourites"
Wednesday, 16/07/2014 | 10:01 GMT by
Victor Golovtchenko
Interactive Brokers Reports Mixed Q2 2014 Metrics, Volumes Retreat -5% QoQ
- Interactive Brokers Group Inc. has just announced the release of its Q2 financial metrics ending June 30, 2014, which were highlighted by a notable decrease of trade volumes to the tune of -5% QoQ.
Tuesday, 15/07/2014 | 20:54 GMT by
Jeff Patterson
FXCM's Retail Volume Dips 3% in June, as Institutional Figures Rocket Higher by 22%
- The company released volume numbers for the final month of the quarter with June marking $254 billion, which makes it one of the few brokerages to report their lowest figures on the retail side during in April.
Tuesday, 15/07/2014 | 20:47 GMT by
Victor Golovtchenko
Mobile Advertising and the Quest for Cheaper Acquisition Costs and Quality Leads
- Over the last two years, much has been devoted to the importance of mobile trading for brokers. Covered much less has been mobile advertising, even as the medium may provide brokers with decreased acquisition costs.
Tuesday, 15/07/2014 | 14:00 GMT by
Ron Finberg
Leverate Strengthens Foothold in Australia as IC Markets Launches Sirix Platform
- After Pepperstone adopted the Sirix web platform in August 2013, Leverate now partners with another australian broker, IC Markets to offer the MetaTrader4-compatible trading solution to Australian clients.
Tuesday, 15/07/2014 | 12:06 GMT by
Avi Mizrahi
Plus500 Shares Keep Falling on Overall Broker Weakness, Odey Asset Management a Buyer
- Shares of FCA regulated online forex and CFD broker, Plus500 (PLUS.L) continued to fall today following yesterday’s plunge. At a low of 345, shares fell 5% today, and have fallen over 100p since Friday’s high.
Tuesday, 15/07/2014 | 10:40 GMT by
Ron Finberg
Mushegh Tovmasyan Parts Ways with Alpari to Become CEO at Divisa Capital
- Leaving the Russian Giant, Mushegh Tovmasyan is eyeing "aggressive growth" for his Divisa Capital Group LLC - "Big brokers intimidate b2b clients" - and takes pride at the newest recruit Norbert Lukasiewicz.
Tuesday, 15/07/2014 | 02:57 GMT by
Jeff Patterson
Credit Suisse Promotes Angie Ma to Newest Managing Director for Greater China
- Credit Suisse AG, the Switzerland-based financial services juggernaut has promoted company standout Angie Ma to the role of Managing Director and Sector Head for the entire Greater China region.
Monday, 14/07/2014 | 17:37 GMT by
Jeff Patterson
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