brokers
GMO Click September Volumes Down 22% to Year Low
- GMO Click, the world’s largest retail forex broker by volume announced its September OTC FX trading volumes. Total volumes were $635 billion, 22% below August’s figures, but 117% above the same period last year.
Tuesday, 01/10/2013 | 08:58 GMT by
Ron Finberg
IC Markets Partners with Myfxbook to offer AutoTrade
- IC Markets has announced that it has partnered with forex portal, Myfxbook, to offer its AutoTrade solution to customer. IC Markets becomes the third broker to partner with AutoTrade, following Pepperstone and FXCM UK.
Monday, 30/09/2013 | 14:45 GMT by
Ron Finberg
Exclusive: Alpari Deutschland Restructures Front Office
- Alpari Deutschland, the German arm of Alpari UK has made changes in its sales and business development division, a source close to the matter informed Forex Magnates. Alpari UK is to continue the sales activities from London.
Sunday, 29/09/2013 | 07:35 GMT by
Adil Siddiqui
Australian Direct FX Launching Binary Options on MT4
- Australian Direct FX, has become the newest FX broker to begin offering binary options, providing it to clients directly on the MetaTrader 4 platform. The offering uses the FX Lite technology from TradeToolsFX
Friday, 27/09/2013 | 09:30 GMT by
Ron Finberg
Executive Interview: Matthew Atherton, Managing Partner, TPG
- Carving out a market share which is substantial enough to make the business of an Introducing Broker a feasible endeavor is not an easy task. Matthew Atherton, Managing Partner of TPG explains his philosophy.
Friday, 27/09/2013 | 06:50 GMT by
Andrew Saks McLeod
Macau to Embrace iFX EXPO Asia The Largest Financial B2B Exhibition in January 2014
- Asia welcomes the largest financial business to business event for a second year. iFX EXPO Asia 2014 is expected to attract over 2,000 attendees to the Venetian Macau Resort Hotel on January 22nd and 23rd, 2014 for an unmissable event.
Friday, 27/09/2013 | 06:00 GMT by
Adil Siddiqui
City Index Makes Managerial Changes, COO Simon Bird Departs
- Forex Magnates has learned that City Index’s Chief Operating Officer will be leaving the firm. Simon Bird is moving on from his position at the broker, he joined in the midst of the crisis in 2008 from Bear Stearns.
Thursday, 26/09/2013 | 18:14 GMT by
Adil Siddiqui
Saxo Bank Launches New Exotic Crosses, Specialises in Gold Pairs
- Saxo bank has launched four new financial instruments as it expands its overall foot print in multi asset class trading. Among the four crosses is; Gold versus the Turkish Lira, an interesting and unique offering.
Wednesday, 25/09/2013 | 18:01 GMT by
Adil Siddiqui
ICAP Releases Six-Monthly Statement - Revenue Down 1% YoY
- ICAP has today released its half-yearly report, detailing a 1% decline in revenue for the entire group compared with the same period during last year. BrokerTec volumes averaged $215 billion per day.
Wednesday, 25/09/2013 | 13:53 GMT by
Andrew Saks McLeod
M&A Activity Continues! Swissquote Acquires MIG Bank
- In what is proving to be a week of M&A activity, Swissquote has today announced its outright purchase of MIG Bank with a view to strengthen its expansion program.
Wednesday, 25/09/2013 | 06:33 GMT by
Andrew Saks McLeod
CFTC Approves FX SEFs - Integral and 360T
- US regulator, the Commodity Futures Trading Commission (CFTC) has announced that it has approved Integral's Swap Execution Facility, the CFTC granted INFX SEF Inc temporary registration. FX ECN, 360T was also granted SEF approval.
Tuesday, 24/09/2013 | 23:17 GMT by
Adil Siddiqui
Diversification On The Agenda - OANDA Purchases Social Trading Network Currensee
- OANDA, one the handful of retail FX firms still operating in America, has today announced that it is to purchase Currensee, alluding to a potential need for diversification of service offering to stay in the market.
Tuesday, 24/09/2013 | 22:00 GMT by
Andrew Saks McLeod
GAIN Capital Completes GFT Acquisition - $40 million in Cash Plus Extras
- GAIN Capital has confirmed that it has completed the acquisition of GFT in one of the most exciting buyouts of the year. GAIN paid $40 million in cash, issued 3.6 million shares of GAIN Capital’s stock and a $33 million 5-year seller note.
Tuesday, 24/09/2013 | 19:48 GMT by
Adil Siddiqui
Spreadex Heads For The Clouds - Invests £1.2 million In Privately Hosted Platform
- British spread betting company Spreadex has today announced that it has entered a strategic partnership with Computacenter in order to provide the company with a private cloud environment to safeguard transactions.
Tuesday, 24/09/2013 | 17:52 GMT by
Andrew Saks McLeod
InterTrader Direct Launches Spread Betting On MT4 Platform
- FX companies in Britain have stuck tenaciously to their bespoke spread betting and CFD platforms, until recently. InterTrader Direct is the latest to offer the mainstream MetaTrader 4 platform, today announcing its launch.
Tuesday, 24/09/2013 | 13:12 GMT by
Andrew Saks McLeod
Monex Announces Dividend Forecast For Fiscal Year Ending March 31, 2014
- Japanese FX company Monex Group has today announced its divident forecast for the fiscal year ending March 31, 2014. The interim dividend per share is 1,100 Yen, ten times more than that of the previous year.
Tuesday, 24/09/2013 | 06:12 GMT by
Andrew Saks McLeod
FXCM Aqcuires Controlling Stake In FX Intelligence Firm Faros Trading LLC
- FXCM has announced that it has acquired a 50.1% interest in FX intelligence, market coverage, and institutional FX execution services provider Faros Trading LLC, demonstrating an increasing focus on acquisitions.
Monday, 23/09/2013 | 12:50 GMT by
Andrew Saks McLeod
$439 Million OzForex IPO Sparks Speculation Down Under - Will Pepperstone Be Next?
- After a two year lull during which financial sector IPOs in Australia were few and far between, OzForex, a deliverable FX firm based in Sydney will list for $439 million, raising the question as to which firm is next.
Monday, 23/09/2013 | 09:53 GMT by
Andrew Saks McLeod
Status Symbol That Never Was - Web Of Deceit Surrounds MMA Group's Bogus Airline
- MMA Group's scheme which bilked many customers out of substantial sums of money did not end with a straightforward FX scam. The firm also used disreputable tactics to promote its airline, which has no CAA license.
Sunday, 22/09/2013 | 14:09 GMT by
Andrew Saks McLeod
FXCM Adopts Retail FX Accounts From Alpari US
- FXCM will obtain MetaTrader 4 accounts from Alpari US LLC. The US division of Alpari Group, a global financial services firm announced today that it will be withdrawing from the retail trading environment in USA.
Friday, 20/09/2013 | 22:56 GMT by
Adil Siddiqui
Alpari US Speaks-Out About its New Strategy for the US Market
- Alpari US has decided to restructure its brokerage business in the United States. The move comes on the back of continued pressure by regulatory authorities as they drive out business from one of the largest FX markets in the world.
Friday, 20/09/2013 | 19:09 GMT by
Adil Siddiqui
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