Monday, December 1, 2014

Alleged Founder of Bankrupt MMCIS Konstantin Kondakov Speaks Out to Depositors

Alleged Founder of Bankrupt MMCIS Konstantin Kondakov Speaks Out to Depositors


Alleged Founder of Bankrupt MMCIS Konstantin Kondakov Speaks Out to Depositors

Posted: 01 Dec 2014 04:49 PM PST

Claiming that he is not the founder nor has ever been a manager of MMCIS, Mr Kondakov conveyed his thoughts about the bankrupt brokerage through his profile in Russian social media network VKontakte.
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The post Alleged Founder of Bankrupt MMCIS Konstantin Kondakov Speaks Out to Depositors appeared first on Forex Magnates.

Spanish Economy Retreats as Volumes in the Green – ETFs Up 131% YoY

Posted: 01 Dec 2014 03:08 PM PST

Trading volumes at Spain's financial trading bourse are showing signs that a positive flare is in the air for the debt stricken economy. Volumes were up at the Madrid-based exchange in November trading activity.
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[Snippet] TradeSmarter Introduces Bitcoin Binary Options Trading

Posted: 01 Dec 2014 02:08 PM PST

[Snippet] NFA Insists on 'Own' Funds for Futures & FX Trading - New Payment Laws in 2015

Posted: 01 Dec 2014 01:39 PM PST

Spot Gold Rallies Almost 5% After Failed Swiss Referendum

Posted: 01 Dec 2014 01:24 PM PST

Following an overwhelmingly negative vote on the Swiss gold initiative, the yellow metal's prices are rebounding from this morning's lows boosting the chances for a sharp reversal of precious metals prices.
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The post Spot Gold Rallies Almost 5% After Failed Swiss Referendum appeared first on Forex Magnates.

[Snippet] Reduced Volatility in November Sees VIX Futures Volumes Drop 57% MoM

Posted: 01 Dec 2014 01:15 PM PST

November Trading Activity Upbeat at Interactive Brokers – Client Equity Tops $57 Billion

Posted: 01 Dec 2014 12:35 PM PST

US broker-dealer, Interactive Brokers reports operating metrics for the month of November. The daily average revenue trades indicator dropped 15% on a month-on-month basis however client money jumps 28%.
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The post November Trading Activity Upbeat at Interactive Brokers – Client Equity Tops $57 Billion appeared first on Forex Magnates.

November FX Trading Volumes on Moscow Exchange Shed 14%

Posted: 01 Dec 2014 11:20 AM PST

Volumes on the MOEX FX market still marked a 52% increase over last year, while FX futures rose 370% YoY, however the recent ruble turmoil has not resulted in a new monthly record in November despite record volatility.
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November Forex Industry Review: FX Fines, Funding and Steady Volumes

Posted: 01 Dec 2014 10:46 AM PST

The cooling weather of November or the Turkey and the NFL of Thanksgiving didn't result in a slowdown of activity in the forex industry as the month saw the release of plenty of products, scandals, and funding.
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The post November Forex Industry Review: FX Fines, Funding and Steady Volumes appeared first on Forex Magnates.

Russian Politicians Pointing Fingers at Bank of Russia for the Ailing Ruble

Posted: 01 Dec 2014 10:21 AM PST

Several members of the Russian parliament have filed a complaint with the prosecutor's office, claiming that the Bank of Russia has failed to follow its mandate to defend the stability of the local currency.
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The post Russian Politicians Pointing Fingers at Bank of Russia for the Ailing Ruble appeared first on Forex Magnates.

Binarystation to Integrate Autochartist Trading Signals, Lionstone First to Launch

Posted: 01 Dec 2014 09:56 AM PST

It was announced today to Forex Magnates by Binaryware, that the developer completed the integration of the popular signals service from Autochartist with its platform for trading binary options, Binarystation.
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The post Binarystation to Integrate Autochartist Trading Signals, Lionstone First to Launch appeared first on Forex Magnates.

FinLeap Promises a One Stop Shop “Startup Factory” for Fintech

Posted: 01 Dec 2014 08:11 AM PST

The German online advertising and Big Data focused startups incubator Hitfox plans to launch between four to six new Fintech companies a year, in two designated hubs in San Francisco and Berlin.
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The post FinLeap Promises a One Stop Shop “Startup Factory” for Fintech appeared first on Forex Magnates.

KCG Holdings Inc Finalizes the Sale of its FCM KCG Futures to Wedbush Securities

Posted: 01 Dec 2014 08:08 AM PST

After announcing that it is looking for strategic options for KCG Hotspot, the company announces today that its Futures Commission Merchant has been sold for an undisclosed sum to a private investment company.
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The post KCG Holdings Inc Finalizes the Sale of its FCM KCG Futures to Wedbush Securities appeared first on Forex Magnates.

London Capital Group Holdings Employee Benefit Trust Buys 9 Mln Shares

Posted: 01 Dec 2014 06:29 AM PST

The trust purchased the shares from GLIO Holdings through an intracompany loan from London Capital Group Limited totaling £3,165,750, with the acquisition boosting EBT's company share to 22.4 per cent.
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The post London Capital Group Holdings Employee Benefit Trust Buys 9 Mln Shares appeared first on Forex Magnates.

Chinese Government Set to Insure Bank Deposits in Crucial Move Toward Financial Liberalization

Posted: 01 Dec 2014 05:24 AM PST

Setting up an FDIC like system will allow the People's Bank China to protect most local investors (up to ¥500,000) without having to rescue each Bank in case they will have solvency or liquidity problems.
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The post Chinese Government Set to Insure Bank Deposits in Crucial Move Toward Financial Liberalization appeared first on Forex Magnates.

Exclusive: ORE Launches Inaugural Native Solution For FX Options on MT4

Posted: 01 Dec 2014 03:01 AM PST

Options software technology firm, ORE has launched its first-ever comprehensive MT4 solution in a bid to expand its exposure in the options trading market, giving clients access to FX options.
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The post Exclusive: ORE Launches Inaugural Native Solution For FX Options on MT4 appeared first on Forex Magnates.

Click 365 Margin FX Trading Volume up 2.4% in November at the Tokyo Financial Exchange

Posted: 01 Dec 2014 01:03 AM PST

Margin FX trading volume at the TFX reached 4,145,938 In November 2014, a jump of 65.7% from the same month of the previous year. The volume of Equity Index Margin (Click kabu 365) dropped by 27.4% MoM.
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The post Click 365 Margin FX Trading Volume up 2.4% in November at the Tokyo Financial Exchange appeared first on Forex Magnates.

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