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Fx
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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OnePrime’s Jerry Khargi on Infrastructure and the Future of
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Hello cTrader! Myfxbook Integrates Social Trading and Analytics Tools With Spotware's Platform
2013-07-16T15:58:20.000+02:00
As demand for a diverse range of platforms has grown, trading analytics firm Myfxbook has today announced the integration of its entire services with Spotware's c-Trader platform.
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Trading
Want To Invest In Real And Virtual Gold? US Commodities Dealer Accepts Bitcoins As Payment
2013-07-16T09:37:18.000+02:00
US commodities dealer Agora Commodities this week took a bold step in offering the purchase of precious metal commodities in exchange for payment by Bitcoin. Virtual currencies, it seems, are now a powerful tool.
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Exchanges
CFN Services Releases Pricing Model - Connectivity at $202 Per Month, But Distances Itself From Latency Race
2013-07-16T08:28:13.000+02:00
Whilst financial markets infrastructure providers invest large sums in enterprise projects aimed at reducing latency, CFN Services eschews points of presence and space-hungry methods, offering enterprise connectivity for $202 per month.
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Exchanges
Hotspot FX Announces Record Volumes For June 2013
2013-07-15T17:42:10.000+02:00
The latest company to produce record volume figures for June is Hotspot FX. The firm set new corporate records for ADV for the month, and for the second quarter of 2013 as a whole, 18% up YoY.
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Technology
Capital Calculations: Markit's Updated Front Office System Allows Single-Application Calculation Of Capital Resources
2013-07-15T11:47:19.000+02:00
As the regulatory structure in North America and Europe evolves in relation to capital resources and funding, Markit upgrades its front office analytics system to allow calculations of trades in one applicaiton.
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Brokers
Ex-Saxo Bank Executive Launches Advisory Services Company For FX and CFD Firms
2013-07-15T10:56:27.000+02:00
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.
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Brokers
Alpari Posts Combined Monthly Totals For June - Slightly Down MoM But Still Demonstrates Strong Year So Far
2013-07-11T19:43:41.000+02:00
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.
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Exchanges
ICAP Delivers Interim Management Statement – Encouraging Mood
2013-07-10T09:19:47.000+02:00
Ahead of today’s Annual General Meeting, UK interdealer, ICAP, has issued its Interim Management Statement for the period of April 1st to July 10th 2013. Following a tumultuous 2012 the mood at ICAP has decidedly changed.
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Brokers
FX Industry Welcomes New Global Dispute Resolution Committee: Financial Commission
2013-07-09T14:04:15.000+02:00
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Executive Interview: Daniel Abrahams Elaborates On Institutional FX, Bitcoins and Entrepreneurship
2013-07-05T09:21:13.000+02:00
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.
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Brokers
US Court Dismisses Class Action Against JP Morgan Chase For FX Rate Manipulation
2013-07-04T09:33:59.000+02:00
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.
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Brokers
Hantec Markets Signs an Agreement with Gold-i To Provide Greater Access To Liquidity
2013-07-04T07:55:56.000+02:00
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
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Execution
Western Union, Eastern Direction: Payments Firm Adopts FENICS System To Extend Range Of FX Products To European Clients
2013-07-02T14:25:02.000+02:00
Western Union Business Solutions has today entered into an alliance with US risk management and STP component provider FENICS Software in order to further develop its range of FX products and services in Europe.
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Regulation
Madison Dean Inc. Served Second Order in Two Years By CFTC For FX Fraud
2013-07-01T18:51:20.000+02:00
New York FX CEO Laurence Dodge has been served an order to pay restitution of almost $250,000 to customers and a further civil monetary penalty for fraudulently soliciting clients to invest in managed FX accounts.
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Execution
The Dodd-Frank Debate - Senior Industry Executives Debate Responsibilities On Trade Reporting During London Discussion Panel
2013-06-30T11:54:01.000+02:00
Senior FX and technology executives gathered on Thursday to debate the forthcoming challenges associated with introducing compliant trade reporting solutions in the advent of the Dodd-Frank Act.
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Regulation
Cypriot Regulator CySEC Grants Four CIF Licenses To New Arrivals In Cyprus
2013-06-26T12:06:08.000+02:00
Cypriot law firm MAP S. Platis has today confirmed that four FX firms have been granted CIF licenses by Cypriot regulator CySEC, further alluding to the island's attractiveness to firms wishing to enter the European market.
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Regulation
Israel's FX Industry Leaders Continue To Speak Out On ISA's Regulatory Proposals
2013-06-25T14:10:18.000+02:00
Following yesterday's report that Israel's financial markets regulator the ISA is finalizing its new regulatory structure , senior industry executives provide their view to Forex Magnates on potential effect.
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Technology
Expansion On The Agenda - Fair Trading Technology Recruits CHRO To Select Talent To Move The Firm Forward
2013-06-24T16:22:41.000+02:00
As the retail forex sector evolves, technology providers look to expand their scope. Fair Trading Technology is no exception and plans a recruitment drive headed by newly appointed CHRO Lisa Bogden.
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Regulation
LQD Markets Required to Pay €80,000 by CySEC; Comes To Mutually Agreeable Settlement
2013-06-24T11:47:48.000+02:00
Cypriot regulator CySEC has today entered into a settlement with LQD Markets following the company's exclusive announcement to Forex Magnates regarding CySEC's issue of an €80,000 fine as rules tighten.
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Regulation
Exclusive: Israel's Finance Committee Receives Stringent New Proposals From National Regulator On OTC Markets
2013-06-24T08:11:06.000+02:00
In an exclusive report by Forex Magnates, the State of Israel's Knesset Finance Committee has been presented with a set of detailed procedures for reforming regulations in Israel, relating to leverage, client funds and suitability of products to clients.
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Regulation
Westward Ho! Admiral Markets Gains FCA Regulation; Seeks UK and European Client Base
2013-06-17T17:01:38.000+02:00
Estonian forex broker Admiral Markets today announced that the United Kingdom's Financial Conduct Authority has granted a license to the company, allowing expansion into Britain and Western Europe.
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Regulation
Gotcha! Singapore's MAS Cites 133 FX Traders for Attempts To Manipulate Regulatory Benchmarks
2013-06-17T11:56:49.000+02:00
Singapore's MAS identified 133 traders engaging in what the regulator describes as intentionally influencing the financial benchmarks after a year-long review of the industry. Strict adherence to new benchmarks required.
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Technology
ICAP Volumes Take A Turn In May - ADVs Out Of The Doldrums With Increase of 11% Year on Year
2013-06-05T14:52:29.000+02:00
After a relatively lengthy period of stagnation, the UK's interdealer ICAP displayed a return to form during May, with an 11% increase in ADVs over the same month last year, completing the month 9% up on April.
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Analysis
Financial Liberty Currently Reserved. Payment Methods Called Into Question
2013-05-27T15:54:30.000+02:00
The impending demise of Liberty Reserve has resulted in a degree of nervousness from industry participants and clients alike as speculation regarding the outcome of such payment methods is called into question.
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Brokers
The Jet Set Comes to Forex - Tune Group Signs MOU With ADS Securities to Launch FX Platform
2013-05-27T10:27:15.000+02:00
Asian entertainment and leisure giant Tune Group demonstrated its intention to enter the FX industry in signing a Memorandum of Understanding with Abu Dhabi based ADS Securities. New platform set to launch in September.
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