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Updated: FXCM In Discussions With Infinium Capital
2013-08-23T08:29:23.000+02:00
According to the Wall Street Journal, FXCM is rumored to be a possible acquirer of privately owned Infinium Capital Management. The Chicago based high frequency trading is a marker maker in OTC and exchange based assets
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eToro Places Emphasis On Mobile Social Trading, Launches New iPhone Application
2013-08-22T12:25:36.000+02:00
eToro announced the release of its new iPhone social trading application, which is a complete redesign of the company's OpenBook desktop application. The company aims for 80% mobile usage among users.
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Saxo Bank Announces Interim Results For H1 2013: Net Income More Than Doubles YoY
2013-08-22T11:58:35.000+02:00
Saxo Bank has today announced its interim results for the first half of 2013, with a return to form following last year's 88% contraction during the same period. During the first half of 2013, profit grew sixfold.
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Polish FX Broker EFIX Goes Public on NewConnect
2013-08-21T10:47:51.000+02:00
EFIX a Polish brokerage firm offering FX, CFDs and equities through GFT's Deal Book platform has gone public on the alternative market. The firm stars trading today on NewConnect, trading at 10 Zloty a share.
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Brokers
Keep Your Eyes On! BTC-E Launching MT4 with Integration to Bitcoin Exchange
2013-08-20T10:33:13.000+02:00
BTC-E, among the top five bitcoin exchanges by volume, and leader for bitcoin/ruble trading, has announced that they are launching MT4. According to BTC-E, MT4 will be integrated with the exchange liquidity.
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MT4 Hitting Japanese Giant – Monex Group Launching the Platform
2013-08-20T09:58:51.000+02:00
Monex Group has announced that it is launching the Metatrader 4 platform to users under the name MONEX MT4. The broker becomes on of the largest firms to offer MT4 which has limited popularity in Japan.
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UAE Online shopping survey
2013-08-20T02:00:00.000+02:00
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OANDA Focuses on Technical Analysis in Latest fxTrade Mobile Update
2013-08-19T18:28:16.000+02:00
Forex broker, OANDA has announced its latest update to its mobile fxTrade platform. Meeting requests from clients, the current update focuses on technical analysis with the addition of drawing tools.
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Brokers
The Dangers Of Social Interaction: cTrader Accused of Alleged Copyright Infringement
2013-08-19T12:45:31.000+02:00
US financial technology company Modulus Financial Engineering has today announced the application of a successful DMCA take-down of source code on cTrader's cTDN community for alleged breach of copyright.
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MetaTrader Continues Its Retail Dominance; ThinkForex Explains The Need For Diversity
2013-08-16T14:41:45.000+02:00
MetaTrader 4 has enjoyed a clear run of the retail FX market for a number of years, however although it remains a benchmark among retail traders, there is an increasing demand for other platforms. ThinkForex details why.
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GAIN Capital Announces Monthly Metrics For July 2013 - Retail Volume Down 8.5% MoM
2013-08-16T14:31:02.000+02:00
Many brokers across the entire FX industry made hay during H1 of 2013, especially comparative to last year. GAIN Capital is no exception, although today's release of July's metrics show a downturn over last month.
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FlexTrade Announces Integration With OTC Link To Support Trading And Market Making
2013-08-14T16:11:59.000+02:00
Financial markets technology provider FlexTrade Systems has today announced a full integration with OTC Link to support rading and market making on OTC Link’s US –based alternative trading system, OTC Link ATS.
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Brokers
CitiFX Pro Launching New Improved MT4 Offering
2013-08-14T14:07:42.000+02:00
CitiFX Pro has announced the launch of a new ‘improved’ MT4 for its clients. According to Citi, the new MT4 offering provides customers with better execution, more stability as well as access to a free VPS product.
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Algos Go Retail – Seer Trading Launching Retail Focused Platform
2013-08-14T09:08:29.000+02:00
Joining the ranks of retail focused algorithmic platforms comes Seer Trading. The platform was designed for building, back testing, optimizing, and deploying automated trading strategies.
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US FX Brokers Feel the Summer Heat as Retail Assets Decline 1.4% MoM
2013-08-14T00:07:50.000+02:00
The gradual diminish of the US retail FX market is coming close to reality as brokers are experiencing declining metrics. Retail Forex assets held by brokers declined 1.4% from a month earlier in June 2013.
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ETX Capital Ventures Further Into Europe - Opens Three New Offices
2013-08-13T16:24:31.000+02:00
British spread betting broker ETX Capital has today announced that it has opened new operations in Italy, Denmark and Romania, as part of its expansion program in expanding its presence across Europe.
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Brokers
Perfect-Money cloaked in suspicion
2013-08-13T02:00:00.000+02:00
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IC Markets Bolsters its Growing Partners Business with Launch of New Portal
2013-08-12T13:41:33.000+02:00
Australian IC Markets has announced the launch of a new MT4 integrated partners portal. The launch is part of the firm's focus on affiliates with its growth of IB, Money Manager, and White Label partners.
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Earnings in Review – GAIN Capital Q2 Report
2013-08-12T08:37:44.000+02:00
GAIN Capital posted their Q2 earnings last week with a bang. Reporting record revenues of $73.0 million,and an EPS of $0.44, shares of the broker surged nearly 40%. We take a look at what fueled the results.
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Bitcoin under observation
2013-08-12T02:00:00.000+02:00
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Executive Interview - Mikhail Berman, Business Development Director At Devexperts
2013-08-09T07:20:43.000+02:00
In this week's Forex Magnates Executive Interview, software development company Devexperts' Business Development Director Mikhail Berman discusses customization and efficiency of solutions required by brokers.
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One on One with FXCM’s Drew Niv: Death Stars, Rise of the US and M&A
2013-08-08T22:38:22.000+02:00
Forex Magnates speaks to FXCM CEO Drew Niv following the broker's Q2 earnings report which sent their stock to all-time highs. Niv discusses strength in the US, who they aren't buying, and institutional platforms.
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Saxo Bank July Volumes Decline as Summer Hits Europe
2013-08-08T10:06:47.000+02:00
Saxo Bank has released its July trading volumes. During the month, total volumes were $273 billion, a 6.5% decline from June’s figures. On an average daily volume ratio, activity dropped 18% month over month to $11.9 billion
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Bitcoin ruled as a currency
2013-08-08T02:00:00.000+02:00
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Brokers
GAIN Capital Announces Results For Q2 Of 2013 - Record Net Revenue of $73 Million
2013-08-07T23:01:57.000+02:00
In line with the general dynamic within the retail FX industry segment this year, GAIN Capital's metrics for the second quarter of 2013, announced today, demonstrate a significant increase over last year.
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