trading
Interbank FX releases a Future of Algorithmic Trading infographic
- Interbank FX releases a Future of Algorithmic Trading infographic
Thursday, 13/10/2011 | 17:48 GMT by
Michael Greenberg
FxPro releases Q3 2011 forex metrics - volume is slightly up
- FxPro Financial Services Ltd (FxPro) a leading global forex broker today announced its operating metrics for the third quarter of 2011. FxPro started releasing its opearting metrics (even though it's not a public company) in the previous quarter. FxPro has since shown that it improved in any possible metric since the IPO data which was released by Forex Magnates back December 2010.
Thursday, 13/10/2011 | 17:33 GMT by
Michael Greenberg
CFTC releases August 2011 financial data - total US forex deposits up $19 million
- Every month or so CFTC releases financial data for its members. In the past year or so CFTC also releases the total amount of retail forex obligations for retail forex brokers (under FCMRFD and RFED statuses) which shows us how much 'retail money' is held by US forex brokers.
Tuesday, 11/10/2011 | 22:25 GMT by
Michael Greenberg
Ray White and CRW Management to pay over $19 million in forex fraud case
- Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) obtained federal court consent orders resolving its remaining claims against defendants Ray M. White and CRW Management LP (CRW) and relief defendants Christopher R. White and Hurricane Motorsports, LLC, all of Mansfield, Texas.
Tuesday, 11/10/2011 | 22:01 GMT by
Michael Greenberg
CFTC Obtains Default Judgment against Barki LLC in a $38 Million Forex Ponzi Scheme
- Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Western District of North Carolina entered an order of default judgment and permanent injunction against Barki, LLC of Mint Hill, N.C.
Tuesday, 11/10/2011 | 21:54 GMT by
Michael Greenberg
Capital Markets Board of Turkey threatens to sue 32 forex websites - but some of them are not even operational
- Capital Markets Board of Turkey, announced that they are going to file a criminal complaint for the 32 forex websites, which are still active after 31 August 2011 after they have released communiqué.
Monday, 10/10/2011 | 11:35 GMT by
Guest Contributors
New fx broker MahiFX launching - an interesting teaser
- A new FX brokers looking to launch fx trading is always concerned with how to attract new clients. Most wait till they are fully ready and then splash the cash on Google and banners. Others decide to invest in a pre-launch teaser strategy such as what MahiFX did below
Monday, 10/10/2011 | 08:02 GMT by
Michael Greenberg
Forex Brokers on YouTube
- This article is part of a series of in-depth discussions of Social Marketing in the FX Broker Industry by Media Group London, a full-service marketing agency specializing in the online trading industry. Previous articles include discussions of FX Brokers on Facebook and Twitter.
Wednesday, 05/10/2011 | 21:41 GMT by
FMAdmin Someone
SpotOption and ConversionPros announce collaboration
- SpotOption is the largest binary options software provider - as seen in the upcoming Q3 Forex Magnates Quarterly Report. ConversionPros is a relatively fresh forex marketing agency however it is managed by execs with dozens of years of marketing experience from broker like Easy Forex, markets.com, etc. This paves way for a potentially successful venture for both companies - and more benefits for clients.
Wednesday, 05/10/2011 | 21:27 GMT by
Michael Greenberg
DGCX records 486,710 contracts, up 211%, in September as Indian Rupee Options listed for trading
- The Dubai Gold and Commodities Exchange (DGCX) clocked volumes of 486,710 contracts, valued at $ 21.3 billion, in September, an increase of 211% compared to the same month last year.
Wednesday, 05/10/2011 | 06:37 GMT by
Michael Greenberg
BNY Mellon hit with $2 Billion suit over forex rates
- BNY Mellon is now being sued for $2 billion by the New York Attorney General over forex transaction prices. Trust the magic of Wall Street however to make wonders as the stock price has only dropped 3% amid these news.
Tuesday, 04/10/2011 | 21:29 GMT by
Michael Greenberg
LMAX to launch MultiCharts - a charting and autotrading platform
- LMAX, the first FSA authorised CFDs trading MTF (multilateral trading facility), has posted a short message on its blog that it is about to soon launch MultiCharts - a charting and autotrading platform that uses the TradeStation EasyLanguage.
Monday, 03/10/2011 | 18:21 GMT by
Michael Greenberg
FXCM ordered to pay $6 million more by the CFTC to settle allegations of failure to monitor and maintain its trading systems
- In total FXCM will pay over $16.2 million to settle NFA and CFTC's charges. This is the continuation of the NFA's fine back in August which charged FXCM with retaining gains derived from positive price slippage; failing to adopt or carry out adequate procedures to ensure the efficient execution of all customer orders; failing to treat all customers equally when giving price adjustments; and failing to adequately investigate suspicious activity in all customers’ accounts. The Complaint charged FXCM and Niv with failing to supervise.
Monday, 03/10/2011 | 18:04 GMT by
Michael Greenberg
Son of forex fraudster to pay over dad's forex ponzi scheme
- A Texas race car driver whose career was subsidized by his imprisoned father's $10.9 million Ponzi scheme agreed to give up $322,000 in ill-gotten gains on Tuesday in a suit brought by securities regulators over the scam.
Sunday, 02/10/2011 | 17:09 GMT by
Michael Greenberg
Gain Capital to acquire Interbank FX
- Forex Magnates sources reveal that Gain Capital is about to seal the deal with Interbank FX. No information is yet known and neither company confirmed the information - naturally because Gain is a public company.
Tuesday, 27/09/2011 | 14:21 GMT by
Michael Greenberg
Forex Magnates is now available in Japanese
- As part of an ongoing Forex Magnates network expansion Forex Magnates is now available in the Japanese language - jp.site13.miydim.com. Along with the recently launched Chinese Forex Magnates and the quarterly retail forex report (Q3 will become available in about 2 weeks) this is one of many more upcoming changes. I hope this will help my many Japanese readers access the Forex Magnates information more easily.
Tuesday, 27/09/2011 | 10:51 GMT by
Michael Greenberg
CFTC Charges Accounting Firm McGladrey & Pullen, LLP, and Partner David Shane with Failure to Properly Audit One World Capital Group
- It's extremely interesting to see CFTC taking the oversight of its members one step further by going after not only its member firms but even after their auditors - if those failed to do their job. CFTC just charged an accounting firm and one of its partners for failing to properly audit One World Capital Group - a former forex broker which ceased its operations in 2007. This adds to CFTC's aggressive pursuit of even completely foreign firms which it perceives as breaking its rules.
Friday, 23/09/2011 | 03:56 GMT by
Michael Greenberg
FXDD acquires Irish Forex Broker Frontier FX
- This is one of the first acquisitions for FXDD who until now hasn't made many. Frontier FX's acquisition for FXDD is probably a way to quickly access an advanced multi-bank electronic trading platform rather than gain a list of retail forex clients
Wednesday, 21/09/2011 | 12:30 GMT by
Michael Greenberg
TradoLogic Revamps Business Structure, Unveils Component-Based Solution
- TradoLogic, the world's leading binary options platform provider, has publicly revealed its new and improved licensee infrastructure. The fully integrated solution is offered in an all-in-one package, allowing operators to quickly launch their platform using readily available, pre-integrated components. The modular business structure now includes company-wide features such as fraud prevention, billing, analysis, reporting and a CMS system, while existing components such as risk management and the trading interface have been vastly improved.
Tuesday, 20/09/2011 | 20:17 GMT by
Michael Greenberg
Leverate Further Improves Client Reporting Interface
- Leverate, the premium Forex broker solutions provider, announces major upgrades to their proprietary Client Reporting Interface, integrated with the MT4 Client, CRM and Risk Management systems. The web-based Client Reporting Interface is offered as a part of Leverate's Private Label to provide brokers with sophisticated and customizable reports, assisting them with assessing their businesses from a user-friendly and comprehensive system.
Tuesday, 20/09/2011 | 20:14 GMT by
Michael Greenberg
FXDD Announces Four New Currency Pairs for Retail Traders including USD/CNH
- FXDD, a leader in online Forex trading and education, today announced the addition of four new currency pairs available to all retail currency traders: United States Dollar/Offshore Renminbi (USD/CNH)
Tuesday, 20/09/2011 | 20:04 GMT by
Michael Greenberg
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