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Expert Insights
EMIR Mark to Market – August A Game Changer?
2014-05-13T07:04:08.000+02:00
The EMIR exposure reporting due to commence in August 2014 holds no terrors at first glance.
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Mark Kelly
Exchanges
Numerix Unveils Expansionary Plans for Brazilian Office
2014-05-12T16:59:13.000+02:00
Numerix, a leading provider of structured products across several asset-classes, has announced its expansion into South America, culminating in a new office in one of the region’s financial hubs, São Paulo, Brazil.
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Regulation
Last Call Today for Comments on European Commission's FX Instruments Consultation
2014-05-09T12:52:01.000+02:00
The applicability of EMIR reporting for certain FX instruments revealed inconsistency of local definitions, and resulted in needed clarification, a 30 day public comment period was given, and comes to an end today.
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Brokers
Executive Interview: Juan Jutgla, Founder and CEO of Better Way FX Consulting Services
2014-05-09T11:53:07.000+02:00
Forex Magnates reached out to Juan Jutgla, who has launched his FX and binary options consultancy business Better Way FX Consulting and is about to launch an assembled start-your-own-brokerage solution.
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Regulation
ABS Staffer Leaked Data to NAB AUD/USD Trader, Both Nabbed for Insider Trading
2014-05-09T11:35:46.000+02:00
A junior officer at the Australian Bureau of Statistics (ABS) allegedly gave data to a National Australia Bank (NAB) trader, enabling insider trading that exploited a $7M profit, and got both men arrested today.
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Brokers
"What Really Matters? Executives Talk," Preview of Forex Magnates QIR1 2014 Research
2014-05-09T08:49:39.000+02:00
We met with several executives at their New York offices to talk about what really matters to them, this sneak-peek into Forex Magnates Quarterly Industry Report (QIR) for first quarter of 2014 reveals their views.
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Brokers
Gain Capital Q1 Net Revenue $75.8M -8.6% over Q4, yet Trading Volumes Stronger
2014-05-08T22:10:29.000+02:00
GCAP first quarter earnings just released, after the close of the market which saw the firms stock price sell off by 3% ahead of that closing. A conference is set for 5pm EDT to discuss the metrics just released.
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Brokers
CySEC Warns about Binary Options Firm CallandPut.com as Not Authorized in Cyprus
2014-05-08T15:41:14.000+02:00
The Cyprus Securities & Exchange Commission has warned of an unauthorized firm within the Republic that lists its transactions between its clients as taking place in Cyprus where its servers are principally located.
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Expert Insights
Build A Great Company Culture – Hire ROCK STARS
2014-05-08T07:05:19.000+02:00
A company is built by the people you have employed – not marketing strategies, not by replicating what the forex company next door does.
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Analysis
Analysis: Markit Converging Towards IPO Amidst Transparency Measures
2014-05-07T13:31:58.000+02:00
Markit, a leading global provider of financial services across OTC and derivatives has announced the F-1 filing with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).
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Brokers
BGC Partners Earns Chinese License, Facilitating FX Offering
2014-05-07T09:53:24.000+02:00
BGC Partners, a global brokerage company specializing in fx, announced that its subsidiary China Credit BGC Money Broking Company Ltd (CCTBGC) has been granted a State license to deal fx options in China.
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Expert Insights
Innovation Through Collaboration
2014-05-06T05:23:11.000+02:00
The term ‘innovation’ is one that has been thrown around and used in many different contexts in recent years.
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Exchanges
MOEX FX Volumes Plunge During April, down -19.1% MoM Following Strong March
2014-05-05T17:44:36.000+02:00
The Moscow Exchange (MOEX) has announced its trading volumes for the month of April, highlighted by a massive downturn in forex volume on the heels of a stout March, according to a MOEX statement.
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Regulation
A Brief Look at QIR1 Article on Digital Currencies: Is Cryptocurrency Trading the Future?
2014-05-05T09:00:53.000+02:00
Digital currencies have been thrown into a state of flux on the heels of the collapse of the largest Bitcoin exchange MtGox, however the industry has remained remarkably resilient in the face of ongoing challenges.
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Analysis
Cyprus Counting Down to iFX EXPO, the FX Industry’s Must See B2B Event
2014-05-05T08:00:19.000+02:00
Cyprus is slated to host the upcoming iFX EXPO at the end of May, tapped as the upcoming premier installment for B2B forex industry leaders, held at the exclusive Grand Resort Hotel in the city of Limassol.
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Jeff Patterson
Brokers
FXOpen Launches Gold & Cryptocurrency-Denominated Accounts, BTC-Based in Millibitcoins
2014-05-02T16:01:36.000+02:00
The broker has announced margin accounts based in Bitcoin or Litecoin for clients that choose a Crypto account, and Gold denominated accounts for ECN and STP accounts, as account balances take on new meaning.
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Expert Insights
Prop-Trading Firms – A New Trend For IB's, White Labels
2014-05-01T06:58:14.000+02:00
Do the same thing better. Coffee shops around the world would sell coffee for 25 cents and give you free refills in the 1970's and 80's.
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Brokers
IronFX Announces New Rep Office in Greece, as Global Operations Spree Continues
2014-04-30T18:09:57.000+02:00
The company has been on a fast track of setting up new offices around the world with its latest in the country's capital Athens, and bringing the total number of its offices worldwide to 55 as per its latest update.
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Regulation
ASIC Mandate Necessitates DTCC Extension of Trade Reporting Service
2014-04-29T15:29:33.000+02:00
The Depository Trust & Clearing Corporation (DTCC) has launched an extended Global Trade Repository (GTR) service to market participants for OTC derivatives, with provisions for further asset-class expansion.
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Brokers
“Meet The Experts” Announces Its Newest Contributing Expert, Tim Furey
2014-04-28T18:58:26.000+02:00
The Forex Magnates Experts forum is pleased to introduce its newest contributing expert, Tim Furey, founder and CEO of Tradeview Ltd., bringing with him an understanding across white labels and brokerage.
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Expert Insights
Should I Be Using MetaTrader5 Over MetaTrader4?
2014-04-28T07:07:03.000+02:00
Here is what is ABSOLUTELY AMAZING about MT5. NOTHING.
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Rob Booker
Regulation
Russian Government: Forex Regulation Bill Needs More Work
2014-04-25T14:13:29.000+02:00
A vote on the second reading of the forex bill has not materialised as scheduled as the Economic Ministry views the bill to be lacking a clearly defined regulation subject, Finance Ministry says more work necessary.
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Expert Insights
What Are The Factors In Choosing A Foreign Exchange Broker?
2014-04-24T13:04:19.000+02:00
With foreign exchange brokers located all around the globe, the complexity of choosing the right FX broker for you may feel daunting.
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Regulation
FCA Crushes Hope, Rules On Fraudulent FX Scheme Worth $9.4 Million
2014-04-23T20:47:44.000+02:00
The Financial Conduct Authority is presently arbitrating a case against London resident, Alex Hope, orchestrator of a fraudulent forex scheme that is estimated to have duped clients out of approximately $9.4 million.
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ADVERTISEMENT
Executive Moves
James Reilly Joins Cantor Fitzgerald As Head Global FX Sales
2014-04-23T17:21:56.000+02:00
Cantor Fitzgerald, a leading financial services firm specializing in several asset-classes, has announced the appointment of James Reilly
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Next
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