forex
Caveat Emptor! New Zealand FMA Warns About Attempt To Dupe Clients
- New Zealand's FMA has today issued a warning concerning what it considers to be unrealistic and misrepresenting claims regarding the potential attainable returns from investing in Phoenix Forex's Oak FX system.
Thursday, 29/08/2013 | 09:04 GMT by
Andrew Saks McLeod
Eurex Derivatives Exchange Suffers Outage Due To Glitch In Time Synchronization
Tuesday, 27/08/2013 | 12:52 GMT by
Andrew Saks McLeod
Ex NYSE LIFFE Executive Joins HKEx As CEO Of LME, Whilst Deputy Resigns
- HKEx has today announced the appointment of Garry Jones as CEO of the London Metal Exchange division of the group, whilst Diarmuid O'Hegarty, LME's Deputy Chief Executive tenders his resignation.
Tuesday, 27/08/2013 | 10:07 GMT by
Andrew Saks McLeod
US Authorities Ban PFG Auditor Permanently One Year After Firm Failure
- The US Commodity Futures Trading Commission has today announced that it has issued a permanent ban against Jeannie Veraja-Snelling, an external auditor and accountant acting for PFG at the time of its demise in July 2012.
Monday, 26/08/2013 | 19:14 GMT by
Andrew Saks McLeod
Tradition Releases H1 2013 Financials - 66.6% Increase In Net Profit YoY
- Compagnie Financiere Tradition has today announced its financial results for the first half of 2013. Whilst profit is up 66.6% YoY, non-IFRS revenue took a downturn of 4.4% over last year's figure.
Monday, 26/08/2013 | 16:52 GMT by
Andrew Saks McLeod
BIS Report on OTC Derivatives: Just How Much Does Market Reform Cost?
- A group of 29 institutions and authorities published a report on the effects of regulatory steps on the centralized clearing market, and sent reassuring signals about the collaterals needed to fund them.
Monday, 26/08/2013 | 12:26 GMT by
Andrew Saks McLeod
Manage Your Risks, Mate! RocoForex Forced To Submit To Additional Conditions By ASIC
- Australia's regulatory authorities continue reap value from its surveillance systems in unearthing compliance irregularities. Today, ASIC imposed additional license conditions onto RocoForex for risk management inadequacy.
Monday, 26/08/2013 | 07:50 GMT by
Andrew Saks McLeod
Executive Interview: Nick Sproule, Head of Business Development, think IS
- In this week's Forex Magnates Executive Interview, think IS Head of Business Development Nick Sproule details important points to consider relating to providing a fully customizable technology solution to retail brokers.
Friday, 23/08/2013 | 09:58 GMT by
Andrew Saks McLeod
eToro Places Emphasis On Mobile Social Trading, Launches New iPhone Application
- eToro announced the release of its new iPhone social trading application, which is a complete redesign of the company's OpenBook desktop application. The company aims for 80% mobile usage among users.
Thursday, 22/08/2013 | 10:25 GMT by
Andrew Saks McLeod
ASIC Releases Sixth Supervision Report - Surveillance On The Agenda
- Australian financial markets regulator ASIC has released its sixth market supervision report today, further demonstrating its continued efforts to apply strict rulings to all firms which operate under its jurisdiction.
Wednesday, 21/08/2013 | 09:44 GMT by
Andrew Saks McLeod
Passing The Milestone: MarkitSERV Sends 600,000 Trades For Clearing Since March
- Since the introduction of the new Dodd-Frank Act compliant OTC derivatives clearing rulings in March this year, MarkitSERV has announced the sending of over 600,000 trades to clearing between then and the end of July.
Tuesday, 20/08/2013 | 14:49 GMT by
Andrew Saks McLeod
FIX Protocol Undergoes Rebranding To Reflect Its Recent Expansion Of Resources
- As the need for bringing buy and sell-side firms together in the quest for standardization of trade messaging, FIX Protocol Ltd has today announced a name change to FIX Trading Community and a new website.
Monday, 19/08/2013 | 12:41 GMT by
Andrew Saks McLeod
The Dangers Of Social Interaction: cTrader Accused of Alleged Copyright Infringement
- US financial technology company Modulus Financial Engineering has today announced the application of a successful DMCA take-down of source code on cTrader's cTDN community for alleged breach of copyright.
Monday, 19/08/2013 | 10:45 GMT by
Andrew Saks McLeod
Executive Interview: Stan Stalnaker, Hub Culture Goes In Depth On Digital Currency
- In this week's Forex Magnates Executive Interview, Hub Culture's Global Strategic Head speaks about the Ven digital currency, and the increasing move toward mainstream use for digital currencies.
Thursday, 15/08/2013 | 11:05 GMT by
Andrew Saks McLeod
$72 Million Ponzi Scheme Lands Gregory McKnight With 15 Year Jail Sentence
- The US Securities and Exchange Commission announced yesterday that Gregory McKnight has been sentenced to 15 years and 8 months in jail for operating a $72 million Ponzi scheme and operating without regulatory approval.
Wednesday, 14/08/2013 | 08:36 GMT by
Andrew Saks McLeod
Bitcoin Exposed to Theft Due To Innate Mobile Operating System Flaw
- Following a proposed measure by the New York banking regulator aimed at protecting consumers with regard to virtual currency, it has been discovered that Android's mobile OS leaves users vulnerable to theft.
Tuesday, 13/08/2013 | 08:46 GMT by
Andrew Saks McLeod
Ladies At The Top: SEC Elects Kara M. Stein As Commissioner
- The US Securities and Exchange Commission elected Kara M. Stein as Commissioner on Friday last week, superceding Elisse B. Walter. Serving under incumbent Chair Mary Jo White, this represents a highly senior position.
Sunday, 11/08/2013 | 09:16 GMT by
Andrew Saks McLeod
Executive Interview - Mikhail Berman, Business Development Director At Devexperts
- In this week's Forex Magnates Executive Interview, software development company Devexperts' Business Development Director Mikhail Berman discusses customization and efficiency of solutions required by brokers.
Friday, 09/08/2013 | 05:20 GMT by
Andrew Saks McLeod
360 Consulting Director Costas Constantinides Assumes Senior Position At Boudica Group Following Acquisition
- FX and binary options consultancy firm 360 Consulting's Founder and Director Costas Constantinides has been elected to the board of directors of Cypriot fiduciary service provider Boudica Group.
Thursday, 08/08/2013 | 15:47 GMT by
Andrew Saks McLeod
Case Closed: NFA and IKON Global Markets Settle
- The US National Futures Association has entered into a settlement with IKON Global Markets and a senior director of the firm, following a complaint filed in April for non-cooperation. Permanent ban administered.
Thursday, 08/08/2013 | 11:46 GMT by
Andrew Saks McLeod
GAIN Capital Announces Results For Q2 Of 2013 - Record Net Revenue of $73 Million
- In line with the general dynamic within the retail FX industry segment this year, GAIN Capital's metrics for the second quarter of 2013, announced today, demonstrate a significant increase over last year.
Wednesday, 07/08/2013 | 21:01 GMT by
Andrew Saks McLeod
ConvergEx Group Subsidiary LiquidPoint Launches Market Data Service
- Brokerage and trading software conglomerate ConvergEx has today announced that its LiquidPoint division has launched a market data service which can be connected via a single LiquidPoint API.
Wednesday, 07/08/2013 | 15:20 GMT by
Andrew Saks McLeod
The Case Continues: BNY Mellon Faces Ongoing FX Fraud Case Once Again
- The latest development in the State of New York's lawsuit against financial giant BNY Mellon was heard by the Supreme Court on Monday this week, ruling that the fraud claims brought against the bank can proceed.
Wednesday, 07/08/2013 | 11:56 GMT by
Andrew Saks McLeod
Trading Firm Akuna Capital Selects Solace Systems For Messaging And Data Distribution
- Solace Systems yesterday announced that it is to provide Chicago-based derivatives trading house Akuna Capital with its appliance-based messaging system to distribute data within Akuna's trading system.
Wednesday, 07/08/2013 | 10:11 GMT by
Andrew Saks McLeod
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}