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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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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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FXCM Posts Record Quarterly Revenues and July Volume Metrics
2013-08-07T13:13:33.000+02:00
FXCM has announced their second quarter financial results. Following a quarter of multiple record months, the firm announced $140.1 million in revenues, an all-time high and 53% above the same period last year.
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DMM Securities Volumes Drop Back Below $1T in July – Hotspot and FXCM Up Next
2013-08-07T08:43:23.000+02:00
Japan’s and the world’s second largest retail broker by volume, DMM Securities, has reported its July trading volumes. During the month, clients traded $958.5 billion, 10% below June’s record volume of $1.069 trillion.
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Irish organizations lose 2.7% of turnover from cyber-crime
2013-08-07T02:00:00.000+02:00
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Alpari Bags Another Record Month of Trading Volumes in July
2013-08-06T20:14:10.000+02:00
Alpari companies worldwide released positive trading metrics for the month of July today. The firm continues its positive trend where daily trading volume has exceeded $11 billion.
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IronFX Expands its Regulatory Footprint with New Zealand FSP and Russian CRFIN Registration
2013-08-06T10:04:45.000+02:00
In simultaneous news releases, Cypriot forex broker IronFX, announced that it has registered as a Financial Service Provider (FSP) in New Zealand, as well as becoming a member of CRFIN, Russia’s leading self-regulating organization.
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myfxbook Expands Service To Offer Liquidity Charts - Offers AutoTrade To Pepperstone Clients
2013-08-05T17:55:05.000+02:00
myfxbook has today added a new section to its analytics and social trading tool, in the form of a liquidity charting facility. In addition, the firm also offers AutoTrading to Pepperstone's client base.
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MahiFX Launching MetaTrader 4 on Automated Trading Demand
2013-08-05T14:42:42.000+02:00
Australian regulated, MahiFX, has announced that it is launching MT4 alongside its existing MahiFX platform. The MT4 offering will provide similar spreads and trading conditions as the broker’s MahiFX platform.
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AvaTrade Launching Bitcoin Trading On Both its AvaTrader and MT4 Platform
2013-08-05T12:54:49.000+02:00
Forex an CFD broker, AvaTrade has announced that they are launching bitcoin (BTC/USD) trading. The digital currency will be available as a CFD, and is being offered on both its AvaTrader and MetaTrader 4 platforms.
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MONEX Group Announces Monthly Metrics For July 2013 - Volumes Down 30%
2013-08-05T08:09:16.000+02:00
Japanese FX and derivatives trading company MONEX Group has announced its monthly metrics for July 2013, showing a more than two-fold increase in average daily volumes when compared with the previous year.
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Exclusive: Seven Investors Launches VT Trader II in Japan
2013-08-04T00:40:30.000+02:00
Japanese FX broker, Seven Investors, launches VT Trader II on the back a strong business environment in Japan’s FX derivatives marketplace post Yen volatility.
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CySEC Backtracks On Non-EU Client Ban - Moves Implementation Date To October
2013-08-02T17:37:05.000+02:00
Cyrpus FX executives and legal practitioners have been quick to act following yesterday's controversial ruling by CySEC to ban FX firms from accepting non-EU firms. CySEC has now approved an October date.
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Exclusive: Dukascopy to Launch CFDs
2013-08-02T13:51:14.000+02:00
Dukascopy Bank SA, will be expanding its product coverage after the firm was granted approval by Switzerland’s financial regulator, FINMA, to launch contract for differences CFDs.
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Japan's Trillion Dollar Club: GMO Click Continues To Post Over $1 Trillion Monthly Volumes
2013-08-02T10:18:49.000+02:00
Japan's retail FX industry continues to go from strength to strength, as GMO Click Securities completes July with a total volume figure of over $1 trilliomn for the second month in a row.
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Executive Interview: Rachel Clark, COO Of AFX Capital Elaborates On Expansion To Institutional Sector
2013-08-02T08:26:05.000+02:00
AFX Capital's COO Rachel Clark defines the methodology behind increasing the company's presence within London's institutional FX sector, and defines her perspective on the future of retail FX.
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Get Out! CySEC Bans FX Firms From Accepting Non-EU Clients
2013-08-01T16:09:49.000+02:00
Cyprus today finds itself amid further controversy as its regulator sets an immediate ruling in place to prohibit the soliciting of non-EU clients without authorization. Forex Magnates provides a look from within.
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From MetaQuotes to MetaTrader – After One Click Trading Comes Social?
2013-08-01T10:58:11.000+02:00
Starting today, all MetaTrader 4 users will have access to one-click trading on their charts as a result of a requirement build upgrade. Not yet appearing on all terminals though is signal trading. But that may be a matter of time.
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African Derivatives Exchange GBOT Launches Silver CFD Contract
2013-07-31T19:42:33.000+02:00
Global Board of Trade launches new CFD Silver contract. The world's second exchange to launch listed CFD contracts extends its coverage and now offers five exchange traded CFD contracts in currencies and commodities.
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Appeal Denied – One World Capital Fraudsters Receive Full Sentencing
2013-07-31T12:23:32.000+02:00
Ponzi scheme fraudsters, John Walsh and Charles Martin, operators of defunct One World Capital saw their appeals rejected. As a result, the two continue to face long jail sentences and restitution charges in the millions.
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