brokers
Reviewing FXCM's Q3 Financials and Business Trends
- Like in the past, today we are taking a closer look at FXCM’s Q3 2013 financials following the release of their SEC filed 10Q and earnings conference call. Issued earlier this month, FXCM reported a loss of $5.12 million.
Tuesday, 19/11/2013 | 14:38 GMT by
Ron Finberg
The FX Industry Is Gearing Up for The iFX EXPO Asia 2014
- With the successful conclusion of the London Summit, all the major players in the FX industry are now getting ready to ConversionPros' and Forex Magnates' iFX EXPO Asia, to be held in Macau in January.
Tuesday, 19/11/2013 | 11:32 GMT by
FMAdmin Someone
BVI FSC Denies 4XP’s Claims it Has Frozen Company Accounts: The Full Story
- A developing story that follows a series of warnings, after multiple people close to the company have confirmed that the company which appears to be un-regulated, is halting the processing of withdrawals.
Tuesday, 19/11/2013 | 10:24 GMT by
Steven Hatzakis
IG Group Issues Trading Update, QoQ Revenue Declines Expected
- IG Group has issued a trading update, alerting investors to progress of its second quarter that closes on December 1st. For the quarter, IG expects to see YoY revenue growth, but lower on a QoQ basis.
Tuesday, 19/11/2013 | 09:39 GMT by
Ron Finberg
GAIN Capital Publishes GFT's Three Year Financial Accounts: Steady Revenue Downturn
- GAIN Capital has today published full financial details for GFT and its subsidiaries for three years including 2010, 2012 and 2013 in the 8-K form which the company submitted to the SEC on September 24.
Monday, 18/11/2013 | 22:50 GMT by
Andrew Saks McLeod
FXCM Stretches Final Maturity of its Credit Facility and Tops-Up Total Commitments to $205 million
- FXCM continues its M&A flag with the announcement of an increase and extension of its credit facility. The US FX & CFD broker has extended its credit facility for 3 years and topped up its commitment to $205 million.
Monday, 18/11/2013 | 22:37 GMT by
Adil Siddiqui
CFTC Orders MF Global to Pay $1 Billion in Restitution in Connection with Customer Losses
- In one of the largest recent failures of a Futures Commission Merchant that has been the subject of controversy following its demise, victims have been awarded a degree of justice as the defendant is forced by law to make good.
Monday, 18/11/2013 | 17:22 GMT by
Steven Hatzakis
Alpari RU Passes 1M Accounts Mark in October, Volumes Increase 8% MoM to $137.4 Billion
- Serving customers in more than 150 countries, the group of companies under the global brand reports record figures for the month of October, following a series of changes to its strategy, management and product offerings.
Monday, 18/11/2013 | 14:30 GMT by
Steven Hatzakis
Japan Binary Options Industry October Profitability Report: Profits Above Forex
- Among the new regulations being applied to the Japanese binary options industry is the requirement for firms to publish account performance. Ratios include overall payouts as well as the monthly account performance.
Monday, 18/11/2013 | 10:35 GMT by
Ron Finberg
KVB Kunlun Releases First Post-IPO Financials, Q3 Stalls But 2013 Strong
- Among the forex IPO class of 2013 is Hong Kong listed KVB Kunlun Financial Group (KVB). A provider of forex trading to Chinese and Asian investors, KVB announced its first quarterly earnings as a public firm.
Monday, 18/11/2013 | 08:50 GMT by
Ron Finberg
China Propels Bitcoin to All-Time Highs, But What’s the Price, $464 or $507?
- Prices of bitcoin are at an all-time high today. But what's the price? $470, $485, $500? In the fragmented world of bitcoin trading, while prices are similar, there are still variances in what bitcoins are being bid at.
Sunday, 17/11/2013 | 13:29 GMT by
Ron Finberg
Safecap (Markets.com) Hires Eyal Wagner as CEO, as He Departs Post at Leverate CY (Cyprus)
- We have learned of a senior executive move within the Foreign Exchange industry, with a departure from a enterprise technology focused provider of brokerage solutions, to an online brokerage firm within the same region.
Friday, 15/11/2013 | 16:09 GMT by
Steven Hatzakis
Exclusive: FXOpen Launches UK site after Successful Regulation with FCA, Full Story
- With entities regulated in New Zealand, Australia and now the United Kingdom, the latest forex broker to launch a website in the esteemed financial capital of foreign exchange trading speaks with Forex Magnates.
Friday, 15/11/2013 | 13:33 GMT by
Steven Hatzakis
Executive Interview: Luis Sanchez, VP & Head Of Institutional Sales, Dukascopy Bank
- Selecting an effective sales model is an important matter for all FX companies to consider. Dukascopy Bank's Head of International Sales Luis Sanchez goes into intricate detail on white label partnerships.
Friday, 15/11/2013 | 06:41 GMT by
Andrew Saks McLeod
Day Two In Images From the London Summit
- A look at day two of the Forex Magnates London Summit from the perspective of the camera lens. After focusing on networking, the stage and speaker auditorium became the center of attention during the last day of the event.
Thursday, 14/11/2013 | 17:41 GMT by
Ron Finberg
Alpari RU Terminates Relationship With ZuluTrade, Substitutes With MetaTrader Signals
- Alpari RU has today announced that it is to terminate its agreement with ZuluTrade, with effect from November 25, advising clients to close their positions and migrate to the MetaTrader Signals service.
Thursday, 14/11/2013 | 14:21 GMT by
Andrew Saks McLeod
Exclusive: TRADOLOGIC Raises $10 Million From a Group of Strategic Investors
- An agreement to allocate 20% of TRADOLOGIC's shares will allow the binary options company to expand to Asia. Investors are said to be from Hong Kong, Russia, and a "sports betting industry" technology firm.
Wednesday, 13/11/2013 | 15:36 GMT by
Avi Mizrahi
Net U.S. Retail Forex Obligations Down $6M in September from $628M in August, Full Details
- from 11 reporting Retail Foreign Exchange Dealers,5 contributed to a $12.9 mln increase which was more than offset by a loss of the remaining six dealers whose amounts had fallen month-over-month by a combined $18.9 mln.
Wednesday, 13/11/2013 | 14:51 GMT by
Steven Hatzakis
Alpari UK CEO Daniel Skowronski Resigns, David Hodge Assumes Post
- Alpari UK has today announced the appointment of David Hodge as CEO of the company's UK operations, whilst existing encumbent Daniel Skowronski tenders his resignation following a successful tenure at the top.
Wednesday, 13/11/2013 | 14:41 GMT by
Andrew Saks McLeod
X Open Hub Powered Mirror Trader Platform Onboards First Broker
- X Financial Solutions has announced today that Aforex is the first broker to on-board Tradency's Mirror Trader with X Open Hub's brokerage suite providing the back end technology solution.
Tuesday, 12/11/2013 | 17:13 GMT by
Steven Hatzakis
IBFX Australia adds Spot Oil, Gold and Silver CFDs to TradeStation Platform
- The ASIC regulated entity under the global brand adds XTIUSD, XAUUSD and XAGUSD as spot CFD contracts to its staple platform as it expands its offering of tools that traders can use to diversify their portfolio.
Tuesday, 12/11/2013 | 15:30 GMT by
Steven Hatzakis
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