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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Faros M&A Details Announced As FXCM Reports Q3 Results
2013-11-12T16:48:06.000+02:00
According to FXCM's SEC quarterly report, the company provided an initial cash payment of $5 million and a follow-on payment to be made in 2015 will cloud bring the total purchase price to $15.6 million.
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OANDA Recruits Vatsa Narasimha to Bolster Executive Management Team
2013-11-12T11:00:01.000+02:00
One of the first online providers of specialized FX tools adds Narasimha as Chief Strategy Officer. Regulated in the US, Canada, Singapore, Japan and UK, OANDA aims at a more 'computer-engineer' culture.
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InterTrader Direct's European Expansion - Launches CFDs in Sweden Via Stockpicker
2013-11-12T08:39:02.000+02:00
Spread betting and CFD company InterTrader Direct has today announced its foray into the Swedish market via an exclusive CFD partnership with Stockpicker. Managing Director Shai Heffetz outlines the ethos to Forex Magnates.
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GAIN Capital Posts Metrics For October: Retail ADVs Up, Institutional ADVs Down
2013-11-11T15:19:33.000+02:00
GAIN Capital has today announced its monthly metrics for October 2013, with an increase of 43.3% MoM in total retail trading volume along with high ADVs, whereas the company's institutional ADVs receded by 4.5% MoM.
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Forex Magnates London Summit Kicks Off – Face to Face Networking
2013-11-11T13:42:50.000+02:00
Hundreds of forex industry professionals gather in London's prestigious venue as Forex Magnates London Summit 2013 kicks off. Networking is the focus of the Summit that includes panels, exhibition and awards.
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Single Corporate Identity: Swissquote To Redirect AC Markets Site To Swissquote.com
2013-11-08T15:11:04.000+02:00
Swissquote has completed two acquisitions over the last three years in order to expand its presence in the retail FX market, and in a move to ensure unity within the firm, today announced redirection of ACM site.
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Exclusive: All-Inclusive TradeCrowd Community Connects Novices And Experts
2013-11-08T11:06:40.000+02:00
The concept of social trading has been embraced, with an abundance of networks now available. TradeCrowd, set to officially launch at this week's Forex Magnates SUMMIT, makes steps toward evolving the concept further.
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FXCM Sees Red in Q3 2013 Results, Stock Went Down 4%, Despite Strong October Volumes
2013-11-07T15:00:40.000+02:00
During the quarter, the broker reported a US GAAP net loss of $5.1 million on revenues of $113.2 million, which were 19.2% below Q2 . However, retail FX volumes in October rose 11% to $315 billion.
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New Product Spotlight: Tradesmarter To Launch Strategix With User-Selectable Risk
2013-11-07T14:49:39.000+02:00
Binary options platform provider Tradesmarter has announced that it will launch its new Strategix product at Forex Magnates London SUMMIT next week, allowing users to vary the risk management strategy.
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Fraudster Who Led MMA Forex In Dubai Sentenced To Two Years In Jail
2013-11-07T10:40:56.000+02:00
Malik Noureed Awan has been sentenced to two years in jail following a guilty verdict at a court in Dubai on allegations of fraud. Mr Awan's company, MMA Forex had taken deposits from customers that it could not return.
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Tradenext Taps Forexware for Technology Solutions as it Expands Foreign Exchange Product Offering
2013-11-07T00:58:43.000+02:00
With offices in five cities across the globe, and on the forefront of developing B2B solutions and enterprise software for foreign exchange brokerages, Forexware announces partnership with London based Broker Tradenext.
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LCG Settles Legal Proceedings - Pays £350,000 Contribution To Expenses
2013-11-06T20:39:10.000+02:00
LCG has today made a corporate statement that it has settled a claim in relation to the termination of a fee sharing agreement with Life Settlement Consulting Ltd surrounding introductions to a managed FX fund.
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Analysis
IronFX Deploys Sirix WebTrader, tradable to Follow, After New HQ Office Ceremony
2013-11-06T16:02:35.000+02:00
Cyprus headquartered Forex and CFDs provider on US and UK stocks, commodities, and spot metals, today lauches Sirix web based platform and announces plans to offer tradable to its global client base.
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ACM Gold Concentrates On Analytics: Launches Traders' Compass On MT4
2013-11-06T12:35:46.000+02:00
As the ever-increasing demand for retail FX brokers to utilize technology with which to increase volumes and customer engagement, ACM Gold today announced that it is to offer CorrSight's Trader Compass on MT4.
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DMM Securities Volumes Grow, Monex Numbers Fall in October
2013-11-06T10:02:55.000+02:00
DMM Securities, Japan and the world's, second largest retail forex broker by volume reported rising volumes during the month. The figures contrasted to those of GMO Click and Monex Group which also issued results today.
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Exclusive: Ex-JP Morgan Lawyer David Andrews Launches Atom8, A New ECN in London
2013-11-05T16:28:03.000+02:00
London continues to shine as a center for both retail and institutional FX, today becoming home to Atom8, a newly launched ECN which provides spread betting, FX and CFDs via a proprietary platform.
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Investing Portals Keep Growing – OANDA Rebrands MarketPulse and Finances.com Launches
2013-11-05T16:21:46.000+02:00
Following ranking growth among forex portals in 2013, OANDA has announced the re-launch of its MarketPulseFX trading blog as a standalone website, MarketPulse.com, with analysis links from the broker directing to the new site.
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Volumes Continue to Decline in Japan as GMO Click Reports October Volumes
2013-11-05T10:42:49.000+02:00
GMO Click Securities, Japan and the world’s largest retail forex broker by volume has reported its October FX volumes. During, the month, GMO Click clients traded $604.7 billion in OTC FX, down 4.5% from September.
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MIG Bank M&A Details Public as Swissquote Reports Q3 2013 Results
2013-11-05T10:01:41.000+02:00
Swissquote has today announced its financial results for the first nine months of 2013, which demonstrate a steady increase in net revenue and profit despite the company's one-off cost sustained in purchasing MIG Bank.
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Saxo Bank October Trading Volumes Higher Due To Two Extra Trading Days, But ADV Down 1%
2013-11-04T21:52:41.000+02:00
October monthly trading volume reached $238bln for the Denmark headquartered bank, up 8% from September, ADV fell to $10.4 billion from $10.5 billion Month-over-Month. Deposits increased by $120 mln to $7.66 bln.
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CySEC Announces 12 New Licensees – All About Binary Options Brokers
2013-11-04T15:41:51.000+02:00
Cypriot regulator, CySec, has released the list of firms that have been granted licenses between the period of June and September. During the period, twelve new firms have been added to the list of approved CIFs.
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GAIN Capital Quarterly Earnings, A Closer Look
2013-11-03T17:10:15.000+02:00
Shares of GAIN Capital have fallen slightly since the broker reported its Q3 earnings last Thursday. Taking a deeper look we analyze the broker's report, acquisition of GFT, and prospects for the future.
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Eyes to the East: Forex Magnates Examines Regulatory Surveillance in Asia
2013-11-03T10:00:13.000+02:00
Regulatory authorities step up their game this year with investments in automated systems for monitoring FX firms. Forex Magnates latest QIR examines automated regulation implementation in the APAC region.
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US Virgin Islands has declared legality for online gaming, in favor of Interstate gaming
2013-11-03T02:00:00.000+02:00
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Bulgaria Is Not Easing Up on Gaming Companies: Adds More to Blacklist
2013-11-03T02:00:00.000+02:00
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