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Sun Rises On The Tokyo Summit: Forex Magnates Welcomes 700 Industry Executives
2013-07-17T07:55:11.000+02:00
Forex Magnates welcomed in excess of 1,000 senior FX industry figures to the Tokyo Summit at the Mandarin Oriental Hotel today, where an action-packed day of discussion, networking and exhibition took place.
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GAIN Capital Keeps up the June Positive Vibe with Double Digit Growth in Trading Volumes
2013-07-16T23:57:46.000+02:00
Leading FX and CFD broker, GAIN Capital, has kept up a courageous sentiment in the world of FX trading volumes as it announced upbeat trading metrics for the month of June in both retail and institutional segments.
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FXCM Reports Record Retail Trading Volume in June 2013
2013-07-16T01:35:16.000+02:00
Along with most of the industry FXCM too has been reporting record trading volume almost every month and June 2013 was no different with another retail forex volume record broken, FXCM reaching $396 billion mark.
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ILQ to Enter Futures Market? Takes Stake in Velocity Futures
2013-07-15T14:58:14.000+02:00
ILQ appears to be slated to expand its offerings.Popping up recently under their NFA information page is the approval of becoming a greater than 10% owner and Principal of US based Velocity Futures.
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FXCM Sets Its Sights on China – Partners With CITIC Newedge Futures For Mainland Presence
2013-07-15T14:55:31.000+02:00
FXCM has announced today that it has formed a strategic partnership with CITIC Newedge in order to increase its footprint in the Asia-Pacific region, stating that the move will turn a new page for investors in mainland China.
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CMC Markets Doubles Down On its Proprietary Platform, As Brokers Jump on MetaTrader Bandwagon
2013-07-15T13:10:25.000+02:00
CMC Markets announced the upgrade of its Next Generation trading platform. At a time that rival brokers have launched MetaTrader 4, CMC is focusing on adding features to its proprietary trading platform.
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The Forex Magnates Industry Report for Q2 2013 - Available Now
2013-07-15T12:42:20.000+02:00
The only truly concise and detailed report for the entire Forex business, the Forex Magnates Industry Report for Quarter 2 of 2013 is now available and can be purchased, providing a detailed insight into the dynamics within the industry.
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Ex-Saxo Bank Executive Launches Advisory Services Company For FX and CFD Firms
2013-07-15T10:56:27.000+02:00
Consultancy firms aiming their services at the FX, CFD and binary options industry are relatively sparse, particularly in Europe. Today, Danish firm FXBtoB is established by Patrick Mortensen to help firms steer their business.
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Brokers
Possible come-back for online US gambling
2013-07-15T02:00:00.000+02:00
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Executive Interview: Rob Payne, CEO, Trading247
2013-07-12T10:38:20.000+02:00
Trading247's CEO Rob Payne speaks to Forex Magnates about the current and future plans for his firm, and the evolution of the binary options industry in this week's Executive Interview.
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Alpari Posts Combined Monthly Totals For June - Slightly Down MoM But Still Demonstrates Strong Year So Far
2013-07-11T19:43:41.000+02:00
Alpari posts sound volume figures for June at in excess of $243 billion for the month, slightly down on May's record volumes but concurrent with the firm's strong performance into the middle of 2013.
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CFTC Posts May FCM Financials – Advanced Markets Out, Whotrades FX is In
2013-07-11T12:00:01.000+02:00
The CFTC has posted financials for FCMs as of the end of May. Total Retail Forex Funds were $644,593,164, a drop of $3,166,759 (-0.49%) from the end of April. The decline was mainly the result of a near $9 million drop at Oanda,
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As New Rules Go Into Effect, Advanced Markets Swaps NFA For ASIC Regulation
2013-07-11T11:16:36.000+02:00
Deciding it’s not worth the $20,000,000 minimums; Advanced Markets has also officially withdrawn all of its licenses with the NFA. As of June 28th, the broker withdrew both its FCM license and NFA membership.
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Operations Stabilize as London Capital Group Issues H1 2013 Trading Update
2013-07-11T08:53:31.000+02:00
For the period ending June 30th, LCG announced that it expects to report adjusted profit before tax from continuing operations of around £3.1m, which compares compared to £2.1m for the same period last year.
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If You Build it they Will Come – CySec Releases H1 2013 License List
2013-07-10T18:03:02.000+02:00
Cypriot financial regulator, CySec, has released its list of firms that were granted licenses during the first half of 2013. Bucking worries of the country’s financial difficulties, Cyprus continues to see strong demand for licenses.
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Almost Majors – Swissquote Launches CNY, BRL and INR Trading
2013-07-10T14:03:48.000+02:00
Swissquote, is expanding its FX trading instruments with the launch of BRL, CNY, and INR pairs on its platform today. According to a representative of the firm, the additions are based on meeting demand from clients.
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FX Industry Welcomes New Global Dispute Resolution Committee: Financial Commission
2013-07-09T14:04:15.000+02:00
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DMM Securities Posts June Volumes - Joins the Trillion Dollar Club
2013-07-08T09:15:57.000+02:00
Japanese DMM Securities has posted another amazing month as its June volume figures cleared the $1 trillion barrier, becoming the second retail forex broker to do so after GMO Click achieved the record.
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‘I Want My Two Dollars!’ Lembex Owners Hit with Lawsuit
2013-07-07T23:01:22.000+02:00
Selling a forex business once is hard enough, doing it twice takes a special combination of skill and luck. Filling that category is the owners of little known Lembex. Wanting a piece of the pie, three former managers are suing for their bonuses.
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Brand Building Binary Options Style – bforex Partners with TRADOLOGIC
2013-07-05T09:31:42.000+02:00
Binary options provider Tradologic has announced that it has signed a partnership with brokerage operator bforex. Under terms of the deal, Tradologic will power twenty binary options broker brands for bforex.
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Executive Interview: Daniel Abrahams Elaborates On Institutional FX, Bitcoins and Entrepreneurship
2013-07-05T09:21:13.000+02:00
In this week's executive interview, co-founder of MyCurrencyTransfer.com Daniel Abrahams discusses the firm's foray into institutional FX, the firm's establishment in Tel Aviv and the future of virtual currency.
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US Court Dismisses Class Action Against JP Morgan Chase For FX Rate Manipulation
2013-07-04T09:33:59.000+02:00
For the second time this week, a class action law suit against a major bank, this time JP Morgan Chase, has been tossed by senior US judiciary. In yesterday's case, the bank exited the courtroom victorious.
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Hantec Markets Signs an Agreement with Gold-i To Provide Greater Access To Liquidity
2013-07-04T07:55:56.000+02:00
Following a test period, FCA regulated broker Hantec Markets has today announced that it has selected Gold-i as a technology provider in order to offer new liquidity providers to its client base in FX and Commodities
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Easy-forex Launches Multiple Currency CNH Trading
2013-07-03T16:14:25.000+02:00
Interest in Chinese renminbi (RMB) remains strong among FX brokers with a growing list of firms offering the currency. Following the trend, easy-forex announced the launch of four new CNH crosses against the USD, AUD, EUR, and JPY.
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June Forex Industry Review: Letters Reign - MQ, BdB, FCA, CFTC & M&A
2013-07-03T15:42:25.000+02:00
As we enter July, we have officially hit the summer months and their accompanying slow period. June was a quasi-period with the month being active at the start but news flow began to decrease as time went on.
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