brokers
Plus500 Stock Price Down 8% After Founder Sold 1.5 Million Shares
- Shimon Sofer, one of the founders of the AIM listed CFD broker, Plus500, had a stake of 14.1% in the firm before the IPO and now his company, BQ Soft Ltd. is left with just 7.47% of the voting rights.
Tuesday, 28/01/2014 | 09:36 GMT by
Avi Mizrahi
MONEX Group Releases Q3 Preliminary Financial Results, Early Indications Suggest Robust Growth
- Japanese forex trading firm MONEX Group has announced the release of its third quarter (Q3) preliminary quarterly consolidated financial results for the year ending March 31, 2014.
Tuesday, 28/01/2014 | 04:51 GMT by
Jeff Patterson
ITG’s POSIT Alert Network Establishes Record $1.74 Billion Trading Day
- ITG, a global execution and research broker specializing in derivatives, equities, and foreign exchange announced a record $1.74 billion trading day for its POSIT Alert system, besting an earlier record.
Tuesday, 28/01/2014 | 02:46 GMT by
Jeff Patterson
ITRS Group Launches Geneos, An Advanced Real-Time FX and Asset Monitoring Interface for Murex
- ITRS Group, a global provider of investment banks, currency exchanges, and brokers has released its Geneos interface, a monitoring interface for Murex, a provider of fx and asset trading solutions.
Tuesday, 28/01/2014 | 00:10 GMT by
Jeff Patterson
Exclusive: Q4 US Retail Forex Profitability Report, IB #1 Again while OANDA Slipping
- The Q4 2013 US Retail Forex profitability report is out. Despite tame markets, US traders experienced a decline in profitable accounts while overall customer numbers contracted showing waning US interest for FX trading.
Monday, 27/01/2014 | 16:13 GMT by
Ron Finberg
South Africa could see online gaming by the end of 2014 according to bill proposal
Monday, 27/01/2014 | 12:13 GMT by
FMAdmin Someone
GMO Click Third Quarter Results in the Green, Net Income up 14%
- Japanese powerhouse, GMO Click has reported strong third quarter financials. The financial services firm saw revenues and income increase from a year earlier with quarter-net income increasing by 14%.
Monday, 27/01/2014 | 10:06 GMT by
Adil Siddiqui
New Russian customs regulation causes shipping issues
Sunday, 26/01/2014 | 16:22 GMT by
FMAdmin Someone
Bitcoin Takes Center Stage at iFX EXPO in Macau Despite Chinese Government Hostility
- Bitcoin has made several advancements during the course of recent months to become accepted into the worldwide financial industry as a mainstream product. Last week, senior industry officials discussed it at the iFX EXPO in Macau
Sunday, 26/01/2014 | 09:14 GMT by
Andrew Saks McLeod
iFX EXPO Asia Concludes Final Day, Attendees Reflect on Sophisticated Debate
- This year's iFX EXPO in Macau has concluded, and as attendees make their way from the evening party's networking and reflection on two days of high energy industry debate, Asia remains hot property in the FX industry.
Thursday, 23/01/2014 | 15:51 GMT by
Andrew Saks McLeod
Argentina puts restrictions on online shopping due to foreign reserves
Thursday, 23/01/2014 | 15:01 GMT by
FMAdmin Someone
Exclusive: Depaho Ltd Soaks Up FXGM as Cypriot M&A Activity Follows the Big Boys
- CySec has today announced that FXGM has renounced its CIF license, with FXGM stating that it has completed a merger with Depaho Ltd, resulting in the transfer of all staff, including CEO Gil Farhang.
Thursday, 23/01/2014 | 14:11 GMT by
Andrew Saks McLeod
Saxo Bank Launches All New TradingFloor.com Social Trading Platform
- Launching in live beta today is Saxo Bank’s rebranded TradingFloor.com social trading platform. Called a "game changer" by the company's Co-CEO's, Saxo becomes the biggest broker to launch its own social platform.
Thursday, 23/01/2014 | 10:00 GMT by
Ron Finberg
iFX EXPO Asia 2014 Day 1 Review - Leveraging Up Among Vibrant Discussion
- The first day of this year's iFX EXPO has drawn to a close in Macau, as 1,500 senior industry figures reflect on a day of panel discussions relating to cutting-edge industry developments, and look forward to a vibrant second day ahead.
Wednesday, 22/01/2014 | 14:48 GMT by
Andrew Saks McLeod
iFX EXPO Heralds Launch of World's First Professional Live Networking Platform
- As the iFX EXPO in Macau's schedule is well underway, Elinor Kalina has launched the world's first professional live networking platform at the event, heralding a technological advancement well received.
Wednesday, 22/01/2014 | 09:43 GMT by
Andrew Saks McLeod
London Capital Group Reports 2013 Revenue for FX and CFDs £25.2 Million Down 5.3% YoY
- The publicly traded UK broker under the LCG symbol has filed an update of its 2013 metrics which showed a slight decrease in group revenue by £600,000 over 2012, while previously announced settlement costs commence payment.
Wednesday, 22/01/2014 | 07:52 GMT by
Steven Hatzakis
IB Reports Q4 Metrics, Mixed Results Send Stock Price Lower in After-Hours Session
- Interactive Brokers Group has reported operating metrics for Q4 and 2013 totals, the mixed results prompted shares of the company's stock to trade down as much as 7% in the after-hour trading session today on NASDAQ.
Tuesday, 21/01/2014 | 22:15 GMT by
Steven Hatzakis
CorrSight Goes Algo With Leverate As Platform Neutral Copy Trading Competition Steps Up
- As social and copy trading heads into a new dimension in which providers are focusing on broker and platform neutrality, real-time analytics firm CorrSight partners with Leverate to encorporate algorithmic trading to Sirix.
Tuesday, 21/01/2014 | 17:10 GMT by
Andrew Saks McLeod
CFTC Cancels Public Meeting On Algo Trading - Cites Inclement Weather As Reason
- The US Commodity Futures Trading Commission has canceled its proposed public meeting which was scheduled to be held today with regard to HFT, algorithmic trading and SEFs, citing poor weather conditions.
Tuesday, 21/01/2014 | 15:08 GMT by
Andrew Saks McLeod
East Meets West: International FX Executives Head To iFX EXPO In Macau
- Today, delegates arrive at the Venetian Resort Hotel in Macau for the 2014 iFX EXPO, during which two days of high-energy industry debate and networking are preceded by a welcome party as the FX industry heads East.
Tuesday, 21/01/2014 | 08:06 GMT by
Andrew Saks McLeod
CySEC Warns Investors That FX TRIDENT 365 LTD, Tridentfx.com, Not Authorised In Cyprus
- The Cyprus Securities & Exchange Commission warns about a firm whose URL is not operational as of publication, but cached web data had listed it in Cyprus, calls to the firm from Forex Magnates went to its voice-mail.
Monday, 20/01/2014 | 13:02 GMT by
Steven Hatzakis
Amazon plans on shipping packages before they are ordered
Sunday, 19/01/2014 | 13:23 GMT by
FMAdmin Someone
Exclusive: Easy Forex Wields The Axe As Series Of Employees Are Made Redundant
- Easy Forex has let seven members of staff go in a corporate focusing exercise, with opinions varying as to the factor which led to this decision. Was it necessity, or routine corporate streamlining?
Sunday, 19/01/2014 | 13:00 GMT by
Andrew Saks McLeod
Nadex Receives Certain CFTC Exemptive Relief Due To Its Different Business Model
- The IG Group subsidiary operating under the name North American Derivatives Exchange, known as Nadex, just had its request granted by the CFTC for relief from specific requirements deemed not applicable to its business.
Friday, 17/01/2014 | 22:59 GMT by
Steven Hatzakis
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