fx
The Average Daily Volume Submitted to CLS Rebounded 11.9% in August
- 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.
Monday, 08/09/2014 | 14:33 GMT by
Victor Golovtchenko
Monex Arrests Decline in Monthly Forex Trading Volumes, While YoY FX Volumes Decline 42%
- Monex results reveal a halt to 6 consecutive month-on-month declines in FX volumes. With stock brokerage performance showing only marginal improvement, the broker continues its struggle with market conditions.
Thursday, 04/09/2014 | 03:52 GMT by
George Tchetvertakov
Soft-FX's Max Faust Talks Next Generation FX Liquidity Solutions
- 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.
Thursday, 04/09/2014 | 00:03 GMT by
Jeff Patterson
Torben Kaaber Parts Ways with Saxo Bank, Successor Chosen
- 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.
Wednesday, 03/09/2014 | 14:18 GMT by
Jeff Patterson
Forex Nation’s Danielle Lehrer on Financial Markets: Greed Is Dead
- Forex Magnates reached out to Danielle Lehrer for an exclusive interview on the company’s unique and transparent business model.
Tuesday, 02/09/2014 | 00:02 GMT by
George Tchetvertakov
KCG Hotspot Forex Trading Volumes Rise 20.5% MoM
- Preliminary results signal an increase in average daily FX volumes for KCG Hotspot, reaching $606.9 billion total for August 2014. From a broader perspective, the summer lull continues when taking all factors into account.
Monday, 01/09/2014 | 06:43 GMT by
George Tchetvertakov
UniCredit Names Peter Billington, Senior FX Options, Exotics Trader
- 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.
Friday, 29/08/2014 | 17:38 GMT by
Jeff Patterson
Last One out Turn off the Lights: Marex Spectron Closes FX Business
- 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.
Friday, 29/08/2014 | 14:55 GMT by
Jeff Patterson
Standard Chartered Names Priyen Shah as Director, FX Options Trading
- 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.
Friday, 29/08/2014 | 13:27 GMT by
Jeff Patterson
Senior FX Trader, Thomas Richards, Parts Ways with Credit Suisse
- Credit Suisse has a key vacancy on its hands, following the recent departure of veteran Thomas Richards, Director and Senior FX Options and Exotics Trader, ending his four-year stint with the group.
Thursday, 28/08/2014 | 15:30 GMT by
Jeff Patterson
Aaron Chan Named as Director of Retail Sales at ADS Securities
- ADS Securities has filled a key vacancy in its forex division, naming Aaron Chan as Director of Retail Sales in Hong Kong, following a number of key executive roles across leading firms in the industry.
Thursday, 28/08/2014 | 14:39 GMT by
Jeff Patterson
Breaking: ETX Capital Focuses on Technology by Acquiring Ariel Communications
- ETX Capital's global spread betting, leveraged forex and CFD trading business is focusing on in-house technology to develop a unique offering aiming to deliver a more targeted solution to its client base.
Thursday, 28/08/2014 | 14:38 GMT by
Victor Golovtchenko
Top Banks Scramble to Restore Forex Revenues as Regulatory Impacts Bite Bottom Line
- As falling volumes cut into banking revenues, FX activity at banks is falling at its fastest rate since 2008. Low volatility combined with internal restructuring is further complicated by regulatory challenges.
Thursday, 28/08/2014 | 04:50 GMT by
George Tchetvertakov
Forex Nation Looks to Break the Mould by Offering Customers Good Cause to Trade
- In the vast and sometimes brutal jungle of currency trading, an Australian Nonprofit broker wants to apply social responsibility to its core business model. Is giving back compatible with competitive market goals?
Wednesday, 27/08/2014 | 12:48 GMT by
George Tchetvertakov
FCA Sharpens Teeth, Defends Increasing Use of Attestations
- As the wounds of recent scandals across the financial industry remain fresh, some have questioned the UK’s Financial Conduct Authority (FCA) quick and decisive use of changes mandated by the British regulator.
Tuesday, 26/08/2014 | 18:03 GMT by
Jeff Patterson
Monex Hambrecht Undergoes Executive Shuffle in-House
- Monex Hambrecht, Inc., a subsidiary of Monex Group, has announced a duality of promotions, elevating Yuko Seimei and Junya Matsuoka to the respective role of Chairman Representative Director and Representative Director.
Tuesday, 26/08/2014 | 03:39 GMT by
Jeff Patterson
Cantor Fitzgerald Adds Samir Hussein as Its Newest NY Head
- American financial services provider, Cantor Fitzgerald, has named Samir Hussein as its newest Head of Internet and Media Investment Banking in a bid to garner greater exposure into digital media sectors across financial markets.
Monday, 25/08/2014 | 14:57 GMT by
Jeff Patterson
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