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Mark Preston Drops Interim Title As He Is Appointed CEO of City Index
2014-02-06T17:29:33.000+02:00
After filling the role of interim CEO for City Index since the departure of Martin Belsham in December 2013, the broker has announced that Mark Preston has been appointed as the company’s CEO.
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Bitcoin regulatory status around the world, February 5th 2014
2014-02-05T18:56:35.000+02:00
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Alpari UK Exiting from Binary Options, Cites Regulations
2014-02-05T12:32:09.000+02:00
Alpari UK has notified clients that it will no longer be offering binary options trading starting next week. The news comes shortly after they launched the product in September of 2013 using technology from SpotOption.
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Monex January FX Volumes Best in Six Months
2014-02-05T08:59:01.000+02:00
Monex Group has posted trading results for both its Japanese FX and global units. During the month, total global volumes totaled $53.4 billion, which was broker’s highest figure since July 2013.
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GMO Click Securities Announces Volumes for January 2014 - On The Road to Recovery
2014-02-05T08:31:25.000+02:00
Japanese FX heavyweight GMO Click Securities has today announced its monthly figures for January 2014, demonstrating a healthy start to the year and a step toward the halcyon days of last summer.
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India's FDI discussion paper raises mixed feelings among consumers and traders
2014-02-04T18:52:51.000+02:00
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MetaQuotes Releases Build 600: Marketplaces, MT5 and Regulation in the Balance
2014-02-04T13:43:48.000+02:00
As scheduled, MetaQuotes has announced that MT4 Build 600 has gone live yesterday evening. The new build brings to MetaTrader 4 users access to the company’s marketplace as well as a major update to the MQL 4 language.
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Istanbullish About FX! Forex Magnates to Host its First Turkey FX Conference in April
2014-02-04T10:00:37.000+02:00
Recognizing Turkey's massive potential in FX, Forex Magnates will hold a two-day conference in Istanbul in exactly two months. Attendees' will include both the industry (B2B) as well as traders (B2C).
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Interactive Brokers Reports January Trading Metrics, DARTs Increase By 22% MoM
2014-02-03T22:55:27.000+02:00
The Total client equity reminded flat at $45.7 billion during the month, but that is still a 33% increase from January 2013. Comprising that client equity were 243,000 accounts, 2% more than December 2013.
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Exclusive: Bitcoin Broker Liquidity Arrives as FXOpen Launches LP Division
2014-02-03T16:41:17.000+02:00
Coming to the market is a new Liquidity Provider offering from FXOpen that will offer B2B clients and professional traders access to their interbank ECN. In addition, the broker is launching a bitcoin exchange.
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Saxo Bank January Metrics, Volumes Jump Nearly 30%, Deposits Up $90Mln to $8.11Bln
2014-02-03T16:01:18.000+02:00
Online trading broker Saxo Bank has Reported January 2014 Forex figures, showing deposits up 1.12% from December, and total trading volumes up 29% to $304 billion in January up from $235 billion in December.
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GMO Click's FX PRIME Business Reports Its Q3 Results, Share Price Drops 4.52%
2014-02-03T13:18:00.000+02:00
Results for the firms FY Q3 included October, November and December, consisting of plummeting trading volumes, steady deposits near 15 bln yen, and 2,977 new accounts to reach 143,805 accounts, operating income dropped.
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Brokers
Reaping the Rewards: Maintaining a Quality & Motivated Sales Team
2014-02-02T10:00:03.000+02:00
In the Forex Magnates Quarterly Industry Report for Q4 of 2013, the method by which to build, establish and maintain a successful and motivated sales team is examined in detail, with viewpoints from FX industry leaders.
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Mergers and Acquisitions in 2013 - Review and Analysis
2014-02-01T10:39:33.000+02:00
From the FXCM-GAIN Capital-GFT saga to Thomson Reuters’ acquisitions to the merger of GETCO and Knight Capital forming KCG, Forex Magnates examined the reasons that made M&A such a hot trend last year.
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10 Questions About Saxo Bank’s New ‘Social’ TradingFloor.com, What to Expect
2014-01-31T12:42:06.000+02:00
Last week Saxo Bank officially unveiled its new TradingFloor portal which is being re-launched as a social trading community. Today we review some of its key features, what is lacking, and overall what users should expect.
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MONEX Group Consolidated Q3 Results Confirm Growth & Profitability Despite Lower Volumes
2014-01-31T10:43:25.000+02:00
MONEX reports strong operating performance for the third quarter of the current Japanese fiscal year. Revenues and income were up across global business units despite a fall in trading activity during the latter stage of 2013.
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CySEC Approves Binary Options Broker Dragon Options Ltd as Cypriot Investment Firm
2014-01-30T19:41:54.000+02:00
The latest CIF approved by the Cyprus Securities and Exchange Commission is Dragon Options Ltd, a binary options provider under the website DragonOptions.com, Forex Magnates speaks with its CEO Moti Rivlin for comments.
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BTC China has resumed operations in China
2014-01-30T17:55:31.000+02:00
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Alpari RU Closes Out 2013 with Record Year, Looks Toward 2014
2014-01-30T13:10:12.000+02:00
Ending a solid year, Alpari RU hosted a press conference yesterday to review it 2013 achievements. For the year, Alpari RU posted monthly trading volumes of $131.2 billion and client RPM of $66.5.
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FXDD Hit With €25,000 Fine From Malta Financial Regulators
2014-01-30T11:30:09.000+02:00
The Malta Financial Services Authority (MFSA) has announced this week that it has fined forex broker FXDD €25,000 for breach of rules in their framework for investment services provider (ISP).
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Binary Options Faces Binary Conundrum: Is it Trading or Gaming?
2014-01-29T17:40:38.000+02:00
The retail binary options industry quickly gained a large audience since CySec recognized it as a financial product. Today, with such competition and regulatory reluctance world wide, is the future gaming?
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ILQ Cans Hedging as NFA Files Complaint Against Firm for Failure to Co-Operate
2014-01-29T16:47:06.000+02:00
ILQ has issued a notice to its client base removing the 'hedging' facility that it had previously provided, subsequent to a complaint by the NFA which levels allegations at the company's method of operation.
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New York State plans on regulating Bitcoin
2014-01-29T16:01:15.000+02:00
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OANDA US Client Profitability Q4 Decline, Technology or Macro Driven? Executive Response
2014-01-29T12:44:19.000+02:00
On Monday, Forex Magnates published the US retail forex account profitability report for Q4 2013. Following a drop in OANDA client profitability, VP of Trading, Courtney Gibson spoke to Forex Magnates about the decline.
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TRADOLOGIC Moves from Virtual to ‘Real’ with TRADINATOR Arcade-Style Financial Gaming
2014-01-28T19:00:20.000+02:00
Bored with slots, Star Wars the Old Republic, or the poker tables? Binary options provider, TRADOLOGIC will be soon expanding its product line with the launch of TRADINATOR, a hardware based financial gaming product.
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