trading
FXAll (FX Alliance) files for an IPO
- FX Alliance Inc. ("FXall"), today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock.
Monday, 19/09/2011 | 17:01 GMT by
Michael Greenberg
Integral Releases First Hosted FX ECN Aggregator
- Integral has just seriously stepped up its game and is presenting a serious threat to other aggregators such as Currenex and EBS with the launch of its fully hosted FX ECN aggregator. Add to that zero upfront costs and you have quite an attractive offering.
Monday, 19/09/2011 | 07:00 GMT by
Michael Greenberg
EU Commission wants more scrutiny on High Frequency Trading
- High frequency trading firms have been bought to regulators attention as the European Commission is pressing on stricter regulation to avoid market manipulation. This could be the second blow European trading firms will face after France's Sarkozy is planning a 'special' tax on financial transactions. These moves could put continued pressure on the Euro zone being a un-favoured location by financial markets professionals.
Friday, 16/09/2011 | 11:42 GMT by
Adil Siddiqui
Hotspot FX volume jumps 130% year on year but only 1.5% month on month
- Unlike FXCM who yesterday reported double digit volumes growth month-on-month and year-on-year Hotspot FX posted only a moderate month on month growth for August but more than impressive year on year growth.
Friday, 16/09/2011 | 10:04 GMT by
Michael Greenberg
FXCM's August 2011 Monthly Metrics - Crazy August means volumes are up!
- As we already know August was one crazy (volatile) month. This means two things - brokers will report volumes higher than the average and many traders will have lost money. We'll see this reflected both in the public brokers' data, such as FXCM below, and in this quarter's profitability report (due in October). Not surprisingly FXCM shows a very strong growth in volumes, especially institutional ones, amid slow growth in number of accounts.
Thursday, 15/09/2011 | 21:11 GMT by
Michael Greenberg
FXCM to Acquire Japanese Forex Broker Foreland Forex Co., Ltd.
- FXCM has just annouced that its fully owned subsidiary FXCM Japan has agreed to acquire another Japanese broker named Foreland Forex (https://www.foreland.co.jp/). Details of the transaction were not disclosed at this point but we show see more in the next FXCM's quarterly report.
Wednesday, 14/09/2011 | 18:33 GMT by
Michael Greenberg
WSJ: BNY Mellon Forex Trades Cost Pensions
- WSJ continues its zealous coverage of the BNY Mellon investigation. With Bank of New York Mellon Corp. under growing scrutiny by regulators for its trading practices on behalf of pension funds, a Wall Street Journal analysis shows that the bank executed some currency transactions for two large public pension funds in a way that could trigger higher costs.
Wednesday, 14/09/2011 | 08:06 GMT by
Michael Greenberg
ForexPros partners with MetaQuotes to offer forex news over MetaTrader platforms
- Looks like IBTimes's integration with MetaQuotes was just a start and perhaps this signals a bigger change for MetaQuotes: ForexPros becomes the second news provider to integrate with MetaQuotes and will now be able to offer its news service on the Metatrader terminals (both 4 and 5).
Tuesday, 13/09/2011 | 14:31 GMT by
Michael Greenberg
Saxo Bank announces new offshore Renminbi CNH trading facility
- Saxo Bank just announced that it will now allow offshore renminbi trading against the USD. Saxo thus is joining the likes of HSBC and BMO who already allow this type of trading. As we already mentioned few times, it may be a sign of China opening up for retail forex trading in the near future. FX Options and swaps can already be traded onshore.
Tuesday, 13/09/2011 | 08:17 GMT by
Michael Greenberg
A new US retail forex broker is born - OptionsXpress registers as an RFED
- As expected OptionXpress has registered as an RFED with the CFTC and will soon become open for retail forex business. XPRESSTRADE, LLC (www.xtfx.com) is capitalized at $22,841,980 and already has $17,720 in retail forex customers obligations. OptionsXpress is the second 'traditional' broker to start offering retail foreign exchange after TradeStation.
Monday, 12/09/2011 | 12:43 GMT by
Michael Greenberg
CFTC Charges Jeffrey Liskov and EagleEye Asset Management with Committing a $3 Million Forex Fraud
Friday, 09/09/2011 | 04:07 GMT by
Michael Greenberg
CFTC sues 11 more firms for accepting US retail forex clients
Thursday, 08/09/2011 | 17:56 GMT by
Michael Greenberg
Tradency's Mirror Trader now allows users to share their trading results
- Stats publishing is certainly the latest trend sweeping the forex world: ever since myfxbook came out many other sites started offering stats publishing. eToro, Zulutrade and Currensee are the other trade following platforms that allow stats publishing.
Tuesday, 06/09/2011 | 17:44 GMT by
Michael Greenberg
SpotOption Adds New Feature to Portfolio - Trading from charts
- SpotOption Ltd. announces the latest addition to their portfolio of offerings – "ProTrader." SpotOption recognized the demand of professional traders for a platform that allows the simple trading of Binary Options in a graph format. Trading straight on the graph itself enables professionals to utilize their expertise in market trends. The enlarged graph is interactive, and allows an extended view of the asset history.
Monday, 05/09/2011 | 06:55 GMT by
Michael Greenberg
TradoLogic Proud to Announce Launch of New Brand XPmarkets
- XPmarkets is the newest brand launched by TradoLogic, the world's leading binary options platform provider. The new trading platform will primarily target the French market, aiming to teach end-users to become professional traders.
Wednesday, 31/08/2011 | 14:00 GMT by
Michael Greenberg
ActForex will now offer integrated Binary Options in its platform
- Binary Options market is developing quite nicely lately with about 50-60 brands using software solutions from 5-6 development firms now live and looking to make a quick buck in this relatively new and unexploited market. For now new operators would have to turn to binary options software development firms who provided a complete solution for binaries, but not for forex. If they also wanted to offer forex they'd have to do quite a lot of customization for their offering and CRMs.
Tuesday, 30/08/2011 | 11:22 GMT by
Michael Greenberg
TPG Capital buys 30% of Saxo Bank valuing it at $1.87 Billion
- TPG Capital, the private equity firm started by David Bonderman, bought a 30 percent stake in Denmark’s Saxo Bank A/S, and plans to expand the asset manager and online trader in emerging markets, Bloomberg reports.
Friday, 26/08/2011 | 08:23 GMT by
Michael Greenberg
CFTC Charges Douglas Elsworth Wilson in Multi-Million Dollar Commodity Futures and Forex Scheme
- Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) today announced that on August 18, 2011 a federal court in California entered an order freezing the assets of defendants Douglas Elsworth Wilson of Poway, Calif., and three California companies that he controls and manages, Elsworth Berg Capital Management LLC (EBCM), Elsworth Berg Inc., and Elsworth Berg FX LLC (collectively, Elsworth Berg). The order also prohibits the destruction of their books and records.
Tuesday, 23/08/2011 | 06:37 GMT by
Michael Greenberg
OANDA acquires a Japanese broker and establishes OANDA Japan
Monday, 22/08/2011 | 09:00 GMT by
Michael Greenberg
Saxo Bank announces H1 2011 results - revenue steady, average monthly volume $232 Billion
Thursday, 18/08/2011 | 12:28 GMT by
Michael Greenberg
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