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MONEX Group Releases Full Financial Results For Q1 Of Financial Year: Strong Performance In Japan & US
2013-07-31T06:50:41.000+02:00
Japanese company MONEX has announced its full financial results for the first quarter of this financial year showing a net revenue increase of 118%. Whilst continuing its strong performance on the domestic market, overseas presence continues to grow.
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Regulatory Expansion: British Virgin Islands FSC Issues AvaTrade With Regulatory Approval
2013-07-30T16:54:51.000+02:00
Since the British Virgin Islands FSC implemented a regulatory framework in place of registration, it has attracted a number of overseas firms due to ease of access, AvaTrade being the latest, gaining an FSC license yesterday.
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Binary Options Update: New Firms Vie For Market Share, Copy Trading On The Agenda
2013-07-30T12:37:01.000+02:00
July has proven a month of focus on the Japanese market for binary options firms, however post-launch of their respective Japan-compliant platforms at the Forex Magnates Tokyo Summit, new products, brands and software enhancements are abundant in other established markets.
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Binary Options Equaling Higher Forex Volumes at Vantage FX
2013-07-30T11:37:33.000+02:00
Vantage FX has reported that binary options volumes quadrupled during the past quarter. The firm also added that traditional forex volumes rose 41% as well due to clients trading multiple products after beginning to trade with the broker.
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CGI creates SEPA backup for Royal Bank of Scotland (RBS)
2013-07-30T02:00:00.000+02:00
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GAIN Capital Secures Deal To Sponsor Manchester City Football Club
2013-07-26T10:59:16.000+02:00
Interest in high profile, high budget sponsorship of British Premier League football teams is growing among FX companies around the world. Today, GAIN Capital announces its sponsorship of the UK's Manchester City FC.
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Swissquote Bank Reports Strong Performance for 1st half of 2013, Profits up 19%
2013-07-26T09:44:32.000+02:00
Swiss based FX broker continues the trend of positive earnings for 2013 as it reports strong performance from a year earlier. Swissquote banks revenue's up by 5% and profit up by 19%.
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Executive Interview: Zacky Pickholz, CEO, CTOption Talks About Standing Out Among The Binary Options Crowd
2013-07-26T09:18:54.000+02:00
In this week's Forex Magnates Executive Interview, software developer turned Binary Options CEO Zacky Pickholz details his perspective on the important factors to consider when entering this competitive market.
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More Details on IG Group Financial Results - Europe Growing Fast
2013-07-25T15:07:25.000+02:00
A look at IG Group's shareholder presentation. Revenues from Europe continue to rise, UK CFD traders bring in the highest revenues, NADEX is still quite small, and more details about IG's clients and retention figures.
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Exclusive: Polish FSA Questions White Labels in “Standards of Conduct for Forex Market” Report
2013-07-25T13:26:15.000+02:00
The Polish Financial Supervisions Authority (FSA) has published a statement titled “Standards of Conduct for the Forex Market”. If enforced with new rules, it could lead to changes in the structure of white label partnerships.
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Exclusive: FX Firms Experiencing Arbitrage In Far Eastern Markets Due To Abuse Of Bonus Credits By Traders
2013-07-25T11:02:43.000+02:00
According to Forex Magnates research, a recent trend has developed in which FX brokers wishing to attract Far Eastern clients are offering large credits, and in doing so, exposing themselves to potentially catastrophic arbitrage.
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eToro Adds Stocks on its Social Trading Network as Operations Evolve
2013-07-25T09:15:31.000+02:00
Evolving its operations, social trading broker, eToro has announced the launch of stock trading on its network, which adds the asset to its existing forex, commodities, and indices offerings. Forex Magnates speaks to firm to learn more.
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Bitcoin: A surge of interested investors
2013-07-25T02:00:00.000+02:00
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A Weak Start To The Year: Compagnie Financiere Tradition Releases Revenue Figures For First Half of 2013
2013-07-24T08:40:45.000+02:00
Compagnie Financiere Tradition has announced its non-IFRS revenue figures for the first half of 2013, which show a distinct decrease over last year's performance in all regions with the exception of Japan.
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Monex Group Posts Q2 2013 Figures - Strong Income and Revenue Growth
2013-07-23T18:27:41.000+02:00
Japanese Monex has posted Q2 figures today for both its Monex Group and Monex Inc subsidiary. At Monex Inc, for the quarter ended June 30th, Operating Revenue rose by an astounding 139.9%.
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GAIN Capital Selling Securities Business to TradeKing
2013-07-23T17:39:51.000+02:00
US based online brokerage, TradeKing, has announced that it is acquiring GAIN Capital’s stock trading subsidiary, GAIN Capital Securities. Financial details of the deal were not disclosed.
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DMM FX Australia – More Information on Their Upcoming Launch
2013-07-23T14:51:19.000+02:00
Last week we wrote that Japanese DMM Securities, the world’s second largest retail broker by volume, was on its way to launching an Australian subsidiary, DMM FX. Today we have more details about the upcoming launch.
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Tradency Continues to Attract Japanese Brokers – Partners with FX Prime
2013-07-23T11:42:27.000+02:00
Tradency, developers of the auto trading platform, Mirror Trader, has announced that Japanese FX Prime has partnered with them. Under terms of the deal, FX Prime will begin to offer the Mirror Trader copy trading solution to its entire client base.
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IG Group Releases Preliminary Results For FY 2013: Net Revenue Down 1.4%, Profit Up
2013-07-23T08:51:56.000+02:00
Today, British FX firm IG Group Holdings has released its annual preliminary results for the year ending May 31, 2013, displaying an upturn in profit, and improved volumes during 2013 after slow 2012.
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Payment Magnates: A New Marketplace for Merchants Has Been Launched
2013-07-22T12:34:58.000+02:00
Forex Magnates has developed a unique platform for online merchants from all corners of the industry, to help them stay informed about all payment related news and deep inside analysis of the industry and its best practices.
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Analysis
Social Trading Usage Examined – Analytics Firm Releases Results Of Survey On Use Of Social Media By OTC Firms
2013-07-22T09:47:29.000+02:00
Social media is now widely accepted as a medium in regular use in the FX business. Analytics and data management firm OneMarketData today released the outcome of a survey conducted on the current and future social trading trends.
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OANDA Expands fxTradeNOW Technology - Partners with Autochartist
2013-07-22T08:00:40.000+02:00
OANDA has announced that Autochartist analysis has been integrated onto its fxTrade platform. Building on its fxTradeNOW browser extension technology, traders will have the ability to trade directly from the technical analysis pages.
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Just How Large is MetaTrader4’s Market Penetration - In-Depth Analysis
2013-07-21T15:57:58.000+02:00
The second quarter of 2013 has been quite tumultuous when it came to the popular MT4 platform the rise of its potential rivals. We used our recently published Industry Report to shed light on this issue.
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Analysis
A Detailed Look North Of The Border: Canada's FX Industry Explained
2013-07-20T14:30:39.000+02:00
Preview to the recently released Forex Magnates Industry Report for Q2 2013: Canada is one clear example of a country full of potential and issues that require a researcher's treatment to shed light on.
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Brokers
Plus500 Raises $75 million in Placing of Shares
2013-07-20T00:16:50.000+02:00
European CFD broker, Plus500 successfully raises $75 million in placing of shares prior to trading on the London Stock Exchange's AIM Market, the companies shares were priced at 115p.
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