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Europe's Economic Crossroads: Recession Fears and S&P Global's
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New gaming regulations for Ireland
2013-09-24T02:00:00.000+02:00
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Italy not allowed to block online poker
2013-09-24T02:00:00.000+02:00
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FXCM Aqcuires Controlling Stake In FX Intelligence Firm Faros Trading LLC
2013-09-23T14:50:55.000+02:00
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.
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$439 Million OzForex IPO Sparks Speculation Down Under - Will Pepperstone Be Next?
2013-09-23T11:53:17.000+02:00
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.
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Brokers
Status Symbol That Never Was - Web Of Deceit Surrounds MMA Group's Bogus Airline
2013-09-22T16:09:36.000+02:00
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.
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FXCM Adopts Retail FX Accounts From Alpari US
2013-09-21T00:56:37.000+02:00
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.
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Alpari US Speaks-Out About its New Strategy for the US Market
2013-09-20T21:09:16.000+02:00
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.
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Exclusive: Alpari to Exit US Market
2013-09-20T16:51:37.000+02:00
Forex Magnates has learned that Alpari is exiting the US market and will be withdrawing its FCM registration with the NFA. According to sources, US accounts will be transferred to FXCM.
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Brokers
Executive Interview: Lior Nabat, Tradency's CEO Discusses Dynamics of Social Trading
2013-09-20T08:04:26.000+02:00
The entire concept of social trading has become quite a developed ancilliary component in FX trading, and a useful means by which retail FX firms can increase volumes. Tradency CEO Lior Nabat details today's burning issues.
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Alpari RU Monthly Volumes Average $134 Billion - January to August 2013
2013-09-18T19:09:56.000+02:00
Alpari RU, a FX brokerage firm has announced trading volumes for the period of January to august 2013, the firm saw record trading volumes for the month of July where the firm traded in excess of $150 billion dollars.
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No More Records as GAIN Capital August Volumes Lower
2013-09-17T15:03:10.000+02:00
GAIN Capital announced its metrics for August. During the month, retail volumes fell 13.1% MoM to $123.1 billion, but were 30.9% above the same period last year. Similarly, institutional volumes fell 23% during the period.
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IG Group Releases Interim Statement - Revenue Up 15% YoY
2013-09-17T10:59:27.000+02:00
British company IG Group has today released its interim statement for the period between June 1, 2013 and September 16 this year, the figures showing a 15% increase over those of the same period last year.
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London Capital Group Offloads ProSpreads For £1.5 Million
2013-09-13T09:25:18.000+02:00
After a year of trepidation in 2012, LCG continues to make efforts toward economical recovery strategies, today announcing that it is to sell its spread betting arm, ProSpreads, for £1.5 million.
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FINRA Grants TradeKing Approval to Takeover GAIN Securities
2013-09-13T02:59:49.000+02:00
US regulator, FINRA has given TradeKing approval to acquire the assets of GAIN Securities a subsidiary of leading listed broker GAIN Capital, the news boosted GAIN’s share price to cross a new high.
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Liquid Market Partners with Delman SA, as EU Brokers Embrace Regulated Asset Managers
2013-09-12T18:43:53.000+02:00
Liquid Markets has announced that they have partnered with Swiss licensed asset manager, Delman SA. Under terms of the partnership, Liquid Markets will offer clients access to regulated asset management services.
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Brokers
Exclusive: Pepperstone to Launch cTrader
2013-09-12T16:17:14.000+02:00
Forex Magnates has learned that leading Australian broker, Pepperstone, will soon be launching the cTrader platform. The product will be added to its existing lineup which includes both MetaTrader 4 and 5.
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Brokers
Alpari US Customer Contraction Continues in July CFTC FCM Financials
2013-09-11T18:05:47.000+02:00
The CFTC has posted financials for US FCM’s for the month of July. Among forex firms, the data showed a decline in customer deposits. During the month, total Retail Forex Funds dropped 1.2% to $629.75 million.
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tradable Goes West! GAIN Capital Is The First Broker To Release Platform in America
2013-09-11T15:25:20.000+02:00
Following industry discussions revealed by Forex Magnates earlier this year surrounding GAIN Capital's imminent launch of tradable, the firm has today confirmed this, representing tradable's foray into America.
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BCS Financial Group To Implement Market Abuse Surveillance Prior To UK Expansion
2013-09-11T13:38:36.000+02:00
Russian based BCS Financial is to install b-next CMC:Suite for surveillance as part of its expansion into the UK where it will offer FCA regulated trading facilities across a wide range of asset classes.
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ZuluTrade Aims For The Proprietary Platforms - Partners With IBFX
2013-09-11T08:37:06.000+02:00
As social trading platform providers branch out and seek new methods of providing services to operate in conjunction with proprietary platforms, ZuluTrade yesterday announced its partnership with IBFX.
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Brokers
FXCM August Volumes in the Green, Institutional Volumes Jump 320% YoY
2013-09-10T22:57:00.000+02:00
FXCM has reported strong trading metrics for the month of August. Volumes were up significantly from a year earlier, however trading activity slipped in both the retail and institutional segment 21% and 14% respectively from figures reported in July.
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Six In A Row! Alpari's August Volumes Set A Further Record
2013-09-10T19:58:01.000+02:00
Alpari has today announced its group volume figures for August 2013, which weighed in at over $280 billion, representing the sixth month of volume figures in a row.
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Technology
Green Key Technologies Launches Quote Management Platform For OTC Brokers
2013-09-10T18:07:35.000+02:00
Green Key Technologies, a North American broker and trading technology solutions provider, has announced today the launch of The Block Pool quote management platform, aimed at OTC brokers.
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Analysis
Anchors Aweigh! Financial Commission Unveils Its First 5 Members
2013-09-10T15:38:43.000+02:00
The new dispute resolution organization for the Forex market has announced the initial participating members of their organization. The goal: providing consumers with an alternative to legal or regulatory proceedings.
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CMC Markets in Transition with Focus on Mobile Trading
2013-09-10T14:59:09.000+02:00
Following up with CMC Markets after their disclosure of net loss in their most recent fiscal year report, Forex Magnates learns about the firm's positive uptake of mobile trading and its role in the future.
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