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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Executive Moves
Ex-Citi FX Head, Rohan Ramchandani Heads to LCG Despite Investigation
2014-09-12T02:01:06.000+02:00
Ex-Citigroup FX Head Rohan Ramchandani, the first individual fired during a global string of probes for FX manipulation has just been appointed as Chief Advisor for FX Spot and Risk Management at London Capital Group (LCG).
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Analysis
ParFX Launches New Prime Service - Aims to Harmonise Institutional Spot Foreign Exchange
2014-09-11T07:46:44.000+02:00
A new prime brokerage service for buy-side customers claims to level the playing field for all institutional traders by removing latency as an advantage and disclosing counter-party identities post trade.
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Interviews
Shift Forex’s Anthony DiSanti Talks US, Latin American FX Growth
2014-09-10T02:15:56.000+02:00
Forex Magnates checked in with Anthony DiSanti, Chief Marketing Officer at Shift Forex during a stateside visit to discuss the group’s regional diversification and FX prospects in Latin America.
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Executive Moves
FX Director, Trader Nat Payne Leaves UniCredit for Credit Agricole
2014-09-10T02:13:05.000+02:00
Longtime FX specialist Nat Payne has left UniCredit, relinquishing his position as its FX Director and senior trader to take up employment at Credit Agricole, where he will assume a similar role.
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Expert Insights
Making the Most of Mobile
2014-09-10T02:05:46.000+02:00
It makes sense for FX brokers to offer a consistent brand experience from desktops, tablets, and smartphones.
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Regulation
CySEC Launches New Regulatory Directive against Market Abuse
2014-09-09T13:23:14.000+02:00
The Cypriot regulator has launched a series of mandates and edicts policing against unregulated entities, including a recent push to curb market abuse (MAR). The new amendments will take effect in 2016.
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Brokers
Monex Slated to Terminate MT4 Service, All-in on tradable
2014-09-09T09:51:12.000+02:00
Japanese FX stalwart Monex Group, has announced it will be terminating its service for the Metatrader 4 (MT4) platform by the end of October, having shifted its focus and backing behind tradable’s platform.
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Executive Moves
John Miesner Parts Ways with KCG Hotspot Following Lengthy Tenure
2014-09-09T08:48:18.000+02:00
KCG Hotspot has a key vacancy to fill, after it was recently announced that John Miesner would reportedly be parting ways with the forex firm after a period of 14 years with the company in a variety of senior roles.
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Analysis
The Average Daily Volume Submitted to CLS Rebounded 11.9% in August
2014-09-08T16:33:51.000+02:00
The CLS Group is confirming the broad based recovery in trading volumes during in August of 2014, leading to what the industry says has certainly been the most active trading week in the forex markets this year.
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Interviews
Monex FX’s Toshihiko Katsuya Talks Strategy as Volatility Returns
2014-09-08T02:01:27.000+02:00
As volatility in FX markets looks to slingshot upwards, Toshihiko Katsuya explains how the group has adapted and positioned itself.
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Analysis
Arrivederci Euro: Draghi Leads a Divided ECB to Deliver Biggest Daily Drop Since 2012
2014-09-05T11:11:13.000+02:00
As the ECB starts buying asset backed securities, Mario Draghi emphasized that EU governments should deliver structural reforms for economic growth and help the central bank reach its 2 percent inflation target.
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Expert Insights
News Sentiment Data Approaching A Key Inflection Point?
2014-09-05T02:01:42.000+02:00
Natural Language Processing is used by many companies including Google to understand language.
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Andrew Lane
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Brokers
Exclusive: NFA Issues a Complaint against FXDD, Raising Allegations on Five Counts
2014-09-04T23:17:55.000+02:00
According to information exclusively obtained by Forex Magnates the company is facing up to $1,250,000 in fines from the NFA, as charges are raised against FXDD and its CEO, Joseph Botkie.
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Interviews
Soft-FX's Max Faust Talks Next Generation FX Liquidity Solutions
2014-09-04T02:03:35.000+02:00
Forex Magnates reached out to Max Faust, the Chief Executive of Soft-FX for an exclusive in-depth look into technologically-driven FX brokerage solutions that are seemingly taking the industry by storm.
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Executive Moves
Torben Kaaber Parts Ways with Saxo Bank, Successor Chosen
2014-09-03T16:18:07.000+02:00
Longtime CEO and executive Torben Kaaber has parted ways with Saxo Bank, ending a lengthy tenure of over 16 years – the vacancy was immediately filled in a recent announcement, culminating in the succession of Anthony Belchambers.
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Payments
SmartTrade updates its Order Management System
2014-09-03T15:23:36.000+02:00
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Analysis
A Partnership with OANDA Brings Trading Platform MotiveWave to OANDA Marketplace
2014-09-02T15:10:26.000+02:00
OANDA's Marketplace gains access to an advanced technical analysis solution providing expanded backtesting capabilities and clever analysis tools catering to an expanded variety of forex and CFD traders.
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Analysis
Exclusive: Saxo Bank Raises Margin Requirements on Swiss Franc Trading
2014-09-02T02:40:55.000+02:00
Increasing geopolitical risks coupled with the shift of monetary policy of the European Central Bank are risking a test of the Swiss National Bank's resolve to maintain the EURCHF "floor" level at 1.20.
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Interviews
Forex Nation’s Danielle Lehrer on Financial Markets: Greed Is Dead
2014-09-02T02:02:49.000+02:00
Forex Magnates reached out to Danielle Lehrer for an exclusive interview on the company’s unique and transparent business model.
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George Tchetvertakov
Expert Insights
Four Things to Watch for This Fall
2014-09-01T02:15:44.000+02:00
Global markets look poised to emerge out of a historic lull this fall, with several brokers and investors eying critical earnings calls.
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Regulation
CFTC Launches Charges against Ralph Metters for Forex Fraud
2014-08-29T20:10:18.000+02:00
The U.S. Commodity Futures Trading Commission (CFTC) has announced the enforcement of an emergency order against Ralph Metters, freezing his assets for his involvement in a forex scandal.
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Executive Moves
UniCredit Names Peter Billington, Senior FX Options, Exotics Trader
2014-08-29T19:38:13.000+02:00
Peter Billington, a former Global Head of Forex Flow Options at Commerzbank, has just been appointed as the newest Senior FX Options Trader and Exotics Trading Manager at UniCredit, following a brief absence from the market.
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Executive Moves
Last One out Turn off the Lights: Marex Spectron Closes FX Business
2014-08-29T16:55:06.000+02:00
Marex Spectron, the multi-asset brokerage house has decided to terminate its FX operations, following a rut of underwhelming revenues and volumes and an exodus of key executive personnel to GAIN Capital.
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Executive Moves
Standard Chartered Names Priyen Shah as Director, FX Options Trading
2014-08-29T15:27:22.000+02:00
In the wake of diminishing revenues, Standard Chartered has appointed Priyen Shah as its newest Director, FX Options Trading, in a bid to help shakeup the bank’s moribund FX metrics this year.
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Jeff Patterson
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Analysis
Video: Dallas FED Chairman, Richard Fisher, Takes on the Ice Bucket Challenge
2014-08-29T13:12:45.000+02:00
It is time for the financial industry to pay up in donations and raise awareness about Lou Gehrig's disease after a round of major tech companies CEO's made the ice bucket challenge truly viral in August.
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