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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Myfxbook's Social Trading Platform AutoTrade Now Supporting Spotware's cTrader
2014-07-14T19:07:33.000+02:00
Australian IC Markets and Pepperstone are the first two brokerages supporting third party social trading on cTrader, as FxPro has already provided its SuperTrader copy trading service since last October.
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FX Trading Volumes at Alpari Russia Lower by 5% in June to $88.5 bln
2014-07-14T16:44:49.000+02:00
During the second quarter of 2014 the Russian brokerage has reported FX trading volumes lower by 23.5% than in the first quarter, with activity on the local market not picking up materially after slumping in April.
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New Product Spotlight: TopTradr Wants to Be the X-Factor of Trading
2014-07-14T15:18:05.000+02:00
In today’s New Product Spotlight, we take a look at mobile trading app, TopTradr. The app is a combination of emerging technologies in the forex industry, featuring part performance rankings and part social trading.
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Ayondo Opens an Office in Singapore after Unifying Its Brand
2014-07-11T07:34:13.000+02:00
ayondo Holding AG is behind FCA regulated spread betting and CFD brokerage formerly known as Gekko Global Markets, renamed to ayondo markets Ltd and Frankfurt based social trading platform developer ayondo GmbH.
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Brokers
Breaking News: BT Prime & Boston Prime Face Injunction Order in Alleged Ownership Dilute
2014-07-10T21:49:56.000+02:00
Forex Magnates reveals that Supreme Court of Belize grants injunctions against BT Trading, BT's CEO George Popescu and Alpha Services Limited, after a court filing by former Boston Technologies’ COO Kevin Millien.
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Saxo Bank Reports Delayed May Volume Metrics, Lacklustre Trend Continues in June
2014-07-10T18:25:59.000+02:00
An increase by 9% during the month of May was followed by a modest decline in June by 2.5% marking a rebound from multiyear lows which Saxo reported in the month of April, average daily volumes totalled $10.8 billion.
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June Retail Volumes at GAIN Capital down by 7%, as Institutional up by 5%
2014-07-10T14:12:17.000+02:00
Active retail trading accounts have dropped by 1% in June, as OTC trading volumes have dropped to $166 billion, while institutional investors have accounted for about $480 billion during the month, 30% higher over last year.
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GO Markets Latest Broker to Launch Binary Options, Taps TradeToolsFX for Technology
2014-07-09T19:38:28.000+02:00
GO Markets became the latest retail forex broker to begin to launch binary options trading to its clients. Soft launched to some clients last month, the product has been fully rolled out to their customer base today.
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Executive Moves
ITRS Group Taps Guy Warren as CEO, Succeeding Kevin Covington
2014-07-09T18:13:56.000+02:00
ITRS Group Ltd, a global technology provider for investment banks, currency exchanges and brokers, has tapped Guy Warren as its newest Chief Executive Officer, succeeding Kevin Covington, who is slated to remain with the company.
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Skrill appoints former Weve CEO David Sear as new CCO
2014-07-09T15:29:00.000+02:00
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Peter Tatarnikov Reveals Benefits for Brokers Via the Financial Commission
2014-07-09T06:26:33.000+02:00
Peter Tatarnikov checked to weigh the mutual benefits for both traders and brokers in relying on the Financial Commission for mediation.
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The Forex Magnates' Tel-Aviv Meet-Up Is Here!
2014-07-08T10:28:59.000+02:00
With lots of great food, free drinks for early comers and Brazil-Germany’s World Cup titans clash, everything is set for the biggest Forex industry’s event in Israel tonight at Gordon beach. See you there!
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Brokers
CFTC May FCM Financials - Client Funds Rise
2014-07-08T02:33:40.000+02:00
May FCM Financials reported by the CFTC show an increase in Retail Forex funds. The trend of brokers contracting continues however political tensions in the middle east bring back traders to the markets.
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Forex Magnates' Tokyo Summit 2014 Is Just Three Weeks Away!
2014-07-08T00:12:11.000+02:00
Japan’s premier margin FX gathering takes place in less than a month. This is the time to Join the industry's executives at the prestigious Hotel Mandarin, a top notch venue for exploring exciting opportunities.
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Is the Largest Internet Conglomerate in China about to Launch a Binary Options Brand?
2014-07-07T11:02:20.000+02:00
Chinese tech giant, Tencent QQ has partnered with the leading financial data terminal in the Asian market to run a Binary Options trading contest which could be its first step to entering the FX field.
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WorldWideMarkets’ Bassam Maalouf, Weighs FX Broker’s Entry in Middle East
2014-07-07T05:00:09.000+02:00
“Meet The Experts” reached out to one of the most distinguished fx specialists in the Middle East, Bassam Maalouf.
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Analysis
Chinese State TV Warns about FX Trading, Cites IFX and SFX as Culprits
2014-07-06T16:34:31.000+02:00
In a Chinese CCTV’s "FX speculation black platforms" story, traders who lost their money lamented suspicious brokers’ malfunction. Forex Magnates brings the translated transcript of the news report.
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Global Futures Exchange and Trading Co Hit with NFA Complaint
2014-07-06T10:48:15.000+02:00
The National Futures Association (NFA) published last Friday six separate complaints it has issued against member firms which were filed on June 30th. Among those issued complaints was Global Futures and Trading.
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MarketsPulse Expands in Japan, Onboarding Planex Trade with Ladder Options
2014-07-04T17:20:16.000+02:00
After partnering up with FXTrade Financial, the second Japanese binary options brokerage to shake hands with MarketsPulse, is Planex Binary, a subsidiary of Planex Trade, which has been operating in forex since 2003.
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Update: eToro's Website down Due to Malicious DDOS Attacks, Functionality Restored
2014-07-04T08:55:54.000+02:00
Currently the website is still experiencing difficulties with loading, however some functionality has been temporarily restored as Forex Magnates reporters have successfully managed to login on several occasions.
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Interviews
Phillip Futures' CEO, Lynette Lim, Describes Entrance into the US FX Market
2014-07-04T06:12:06.000+02:00
Forex Magnates spoke to the firm’s CEO to find out the dynamics behind the move that is expected to create shockwaves.
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Exec Moves: Integral's Lukasiewicz's New Role and CFH Clearing's Latest Appointment
2014-07-03T17:06:48.000+02:00
Forex Magnates' Experts site reports the most notable moves in the dynamic FX industry. Today witnessed Mr. Lukasiewicz's parting ways with Integral, and the appointment of Head of Sales at CFH Clearing.
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ADS Dispatches Sales Effort Locally, Eyes UK and Hong Kong Markets Growth
2014-07-03T16:47:09.000+02:00
The Dubai based financial services firm is undergoing a strategic shift in sales operations, adopting local focused approach towards emerging regions. A company’s spokesman cited client service and European focus as major goals.
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London Capital Group's Board Accepts Financing Proposal by GLIO Holdings
2014-07-03T12:19:52.000+02:00
LCG's board has accepted the proposed financing offer for up to £17.5 million made by GLIO Holdings headed by Charles-Henry Sabet, shares of the company are trading lower by 3.08% in London, in very thin trading.
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Analysis
Forex Magnates 2014 Tokyo Awards: Voting Starts Today
2014-07-03T09:07:01.000+02:00
The annual Forex Magnates Summit is near, and time has come for the registered attendees to cast their vote and name the winners in 10 categories, in the only FX trophy awarded exclusivley by industry peers.
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