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Europe's Economic Crossroads: Recession Fears and S&P Global's
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7 Things We Wish Someone Had Told Us Before We Started Trading
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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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Analysis
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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Monex Group Inc. Reports June Global FX Volumes Lower by Almost 4%
2014-07-03T07:54:43.000+02:00
Monex Group Inc sheds 4% in volumes, while it's Japanese Monex Inc. over-the-counter FX unit's volumes have declined by 15% during the month of June when compared to the previous monthly figures.
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ESMA Spells out Revised Regulation, Vows Retail Investor Protection
2014-07-02T18:57:25.000+02:00
The European Securities and Markets Authority has released a guide to MiFID II for retail investors highlighting important changes to the law such as giving new powers for regulators to ban products.
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Spreadex Making a Move for London Capital Group, Discusses All-Cash Offer
2014-07-02T16:32:14.000+02:00
Coming public with the proposed bid, Spreadex has confirmed that they have had discussions with London Capital Group (LCG) for the acquisition of the firm, proposing 30p per share which was rejected by LCG's board.
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Brokers
Taking the Sure Bet, London Capital Group Board Recommends Financing
2014-07-02T15:47:45.000+02:00
With voting slated tomorrow for LCG shareholders to decide whether to accept the proposed £17.5M financing from Charles-Henri Sabet led GLIO Holdings, the board has issued a statement that it continues to back the deal.
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