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Europe's Economic Crossroads: Recession Fears and S&P Global's
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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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Monex Group Volumes Drop During June – Japan Still Dominates
2013-07-03T11:20:40.000+02:00
Monex Group has released trading metric data for June. During the month, total global volume was reported at $65.5 billion, a 12.9% decline from May’s results, but 33.7% above the same period last year.
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First Look: MyInvest – PAMMs Meets AutoTrading
2013-07-03T10:42:40.000+02:00
In the area of copy trading, MyInvest is a new venture that is currently hitting the market, with its roots in PAMM technology. MyInvest is a copy trader service that aims to combine benefits of managed accounts and social trading.
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NFA Files Another Complaint Against Alpari – US Business May No Longer Make Economic Sense
2013-07-02T13:32:15.000+02:00
Alpari US has once again found itself the target of the regulators due to compliance violations as it has received a complaint from the NFA. In its complaint, the NFA is charging that Alpari violated existing NFA rules.
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CFD Broker Plus500 Announces IPO Plans on London’s AIM
2013-07-02T11:38:38.000+02:00
CFD broker, Plus500 has announced that its intentions to raise $50 via an initial public offering (IPO) on AIM, the London Stock Exchange’s market for smaller companies, will a floated market cap of $225 million.
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City Index Launching MetaTrader 4
2013-07-02T10:49:41.000+02:00
After teasing the product as coming soon on its website, UK based City Index has announced that they are launching the MetaTrader 4 platform to clients. The MT4 offering will be compatible with City's existing platforms.
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GMO Click June Volumes Top $1 Trillion, with 34% ADV Increase
2013-07-02T08:57:06.000+02:00
After the Tokyo Financial Exchange reported volume gains for June, we were anticipating GMO Click Securities figures. The world’s largest retail broker by volume didn’t disappoint as it recorded $1.104 trillion in total month volume.
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Saxo Bank Volumes Grow In June
2013-07-01T15:32:45.000+02:00
Saxo Bank becomes the first firm to report their June calculated figures with average daily volumes rising to $14.6 billion. The figure represents a 1.4% increase from May, and a greater than 13% rise from the same period last year.
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Admiral Markets Introduces Downloadable Solution For Apple Mac OS MetaTrader Compatibility
2013-07-01T11:48:08.000+02:00
As part of a corporate direction indicating at expanding the firm's reach, Admiral Markets has today launched a downloadable solution to enable error-free trading on Apple Mac with MetaTrader platforms.
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FxPro Partners with BeeksFX To Reduce Trade Execution Time As Race To Zero Goes Retail
2013-06-27T13:10:43.000+02:00
Gordon McArthur, CEO of BeeksFX today announced to Forex Magnates that the firm has entered a strategic partnership with FxPro Financial Services in order to provide low latency to the firm's retail FX traders.
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Brokers
SEPA Council to be replaced
2013-06-26T02:00:00.000+02:00
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California takes on Bitcoin foundation with Cease-And-Desist
2013-06-26T02:00:00.000+02:00
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Executive Interview: Max Lebedev, CEO, Forex4You
2013-06-21T07:46:44.000+02:00
In this week's Forex Magnates Executive Interview, Max Lebedev, CEO of forex broker Forex4You discusses his company's business model and elaborates on the recent entry into the copy trading segment.
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IG to Launch MetaTrader 4 Platform, Succumbs to its Popularity
2013-06-20T23:23:52.000+02:00
IG has announced on its website that it will be offering CFD forex trading on the Meta Trader 4 platform. In anticipation of the launch, IG is soliciting ‘beta testers’ for the new product. The news represents the overall popularity of MT4.
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Brokers
Russian Broker BCS Gains FCA Approval
2013-06-20T20:44:27.000+02:00
Leading Russian broker BCS sets up fully regulated FCA broker to enhance its global position. London, the worlds financial capital continues its domination as the preferred destination for Russian financial services firms.
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Is WebMoney the Next Liberty Reserve?
2013-06-19T11:48:51.000+02:00
Since the seizure of Liberty Reserve’s operations last month, it has put all alternative payment providers in focus. Coming into the spotlight now is WebMoney, as its Ukrainian unit was the subject of a raid an bank account freeze.
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TradeRush Launches Bitcoin Binary Options
2013-06-19T08:55:49.000+02:00
Binary options broker, TradeRush, has announced the launch of bitcoin binary option contracts for trading. The Cyprus broker becomes the second largest binary firm to offer bitcoin trading, with AnyOption being the biggest.
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Leverate Launches Updated HTML5 Sirix Web Platform
2013-06-18T07:23:12.000+02:00
Forex technology provider, Leverate, has announced the launch of its new web based trading platform, SirixTM. The platform is an updated HTML5 based version of their web trader. The product was first demoed last month at the iFXEXPO
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Brokers
Right before G8 meeting, MtGox launches full-page ad in the official magazine of the trade organization
2013-06-18T02:00:00.000+02:00
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