brokers
FXCM Sets Its Sights on China – Partners With CITIC Newedge Futures For Mainland Presence
- 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.
Monday, 15/07/2013 | 12:55 GMT by
Andrew Saks McLeod
CMC Markets Doubles Down On its Proprietary Platform, As Brokers Jump on MetaTrader Bandwagon
- 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.
Monday, 15/07/2013 | 11:10 GMT by
Ron Finberg
The Forex Magnates Industry Report for Q2 2013 - Available Now
- 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.
Monday, 15/07/2013 | 10:42 GMT by
Andrew Saks McLeod
Ex-Saxo Bank Executive Launches Advisory Services Company For FX and CFD Firms
- 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.
Monday, 15/07/2013 | 08:56 GMT by
Andrew Saks McLeod
Alpari Posts Combined Monthly Totals For June - Slightly Down MoM But Still Demonstrates Strong Year So Far
- 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.
Thursday, 11/07/2013 | 17:43 GMT by
Andrew Saks McLeod
CFTC Posts May FCM Financials – Advanced Markets Out, Whotrades FX is In
- 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,
Thursday, 11/07/2013 | 10:00 GMT by
Ron Finberg
As New Rules Go Into Effect, Advanced Markets Swaps NFA For ASIC Regulation
- Deciding it’s not worth the $20,000,000 minimums; Advanced Markets has also officially withdrawn all of its licenses with the NFA.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.
Thursday, 11/07/2013 | 09:16 GMT by
Ron Finberg
Operations Stabilize as London Capital Group Issues H1 2013 Trading Update
- 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.
Thursday, 11/07/2013 | 06:53 GMT by
Ron Finberg
If You Build it they Will Come – CySec Releases H1 2013 License List
- 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.
Wednesday, 10/07/2013 | 16:03 GMT by
Ron Finberg
Almost Majors – Swissquote Launches CNY, BRL and INR Trading
- 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.
Wednesday, 10/07/2013 | 12:03 GMT by
Ron Finberg
FX Industry Welcomes New Global Dispute Resolution Committee: Financial Commission
Tuesday, 09/07/2013 | 12:04 GMT by
FMAdmin Someone
DMM Securities Posts June Volumes - Joins the Trillion Dollar Club
- 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.
Monday, 08/07/2013 | 07:15 GMT by
Ron Finberg
‘I Want My Two Dollars!’ Lembex Owners Hit with Lawsuit
- 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.
Sunday, 07/07/2013 | 21:01 GMT by
Ron Finberg
Brand Building Binary Options Style – bforex Partners with TRADOLOGIC
- 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.
Friday, 05/07/2013 | 07:31 GMT by
Ron Finberg
Executive Interview: Daniel Abrahams Elaborates On Institutional FX, Bitcoins and Entrepreneurship
- 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.
Friday, 05/07/2013 | 07:21 GMT by
Andrew Saks McLeod
US Court Dismisses Class Action Against JP Morgan Chase For FX Rate Manipulation
- 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.
Thursday, 04/07/2013 | 07:33 GMT by
Andrew Saks McLeod
Hantec Markets Signs an Agreement with Gold-i To Provide Greater Access To Liquidity
- 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
Thursday, 04/07/2013 | 05:55 GMT by
Andrew Saks McLeod
Easy-forex Launches Multiple Currency CNH Trading
- 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.
Wednesday, 03/07/2013 | 14:14 GMT by
Ron Finberg
June Forex Industry Review: Letters Reign - MQ, BdB, FCA, CFTC & M&A
- 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.
Wednesday, 03/07/2013 | 13:42 GMT by
Ron Finberg
Monex Group Volumes Drop During June – Japan Still Dominates
- 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.
Wednesday, 03/07/2013 | 09:20 GMT by
Ron Finberg
First Look: MyInvest – PAMMs Meets AutoTrading
- 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.
Wednesday, 03/07/2013 | 08:42 GMT by
Ron Finberg
NFA Files Another Complaint Against Alpari – US Business May No Longer Make Economic Sense
- 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.
Tuesday, 02/07/2013 | 11:32 GMT by
Ron Finberg
CFD Broker Plus500 Announces IPO Plans on London’s AIM
- 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.
Tuesday, 02/07/2013 | 09:38 GMT by
Ron Finberg
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