Wednesday, December 10, 2014

UK Brokers CMC & IG Mark Their Lengthy Existence with an Upbeat Spend in Advertising

UK Brokers CMC & IG Mark Their Lengthy Existence with an Upbeat Spend in Advertising


UK Brokers CMC & IG Mark Their Lengthy Existence with an Upbeat Spend in Advertising

Posted: 10 Dec 2014 06:28 PM PST

2014 was a special occasion for two of the UK's most established CFD brokers, with it advertising spend increased dramatically despite the festive-slowdown period. CMC turned 25 and IG turned 40 & they're not keeping quiet about it.
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Saxo Bank Outrageous Predictions To Rock the Markets in 2015, Or Will They?

Posted: 10 Dec 2014 06:00 PM PST

Russia defaults again, Japanese inflation hits 5%, Draghi quits the ECB, China devalues the Yuan 20% and the UK housing market crashes - which one of these can really happen we leave up to you in the comments below.
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Intl FCStone Reports Promising Results in its Quarterly Earnings Net Income in the Green

Posted: 10 Dec 2014 05:02 PM PST

US financial services specialist firm, INTL FCStone reports quarterly and annual operating revenues. Overall the group was in the green with net income rising on a quarterly level, year-to-date income was $19.3 million.
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The post Intl FCStone Reports Promising Results in its Quarterly Earnings Net Income in the Green appeared first on Forex Magnates.

[Snippet] US Futures Exchange CME Announces Variable Dividend of $2 per share

Posted: 10 Dec 2014 04:30 PM PST

CFTC Issues IBFX with $600,000 Penalty for Failure to Meet Minimum Net Capital Requirements

Posted: 10 Dec 2014 02:01 PM PST

The CFTC requires IBFX to pay a $600,000 monetary penalty and to develop an automated system that will enable the real-time monitoring of its exposure, and adopt risk management procedures regarding 24-hour monitoring.
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The post CFTC Issues IBFX with $600,000 Penalty for Failure to Meet Minimum Net Capital Requirements appeared first on Forex Magnates.

American Watchdog Hits FXDD with Another $500,000 Fine, Limits It to Operate Only as IB

Posted: 10 Dec 2014 01:13 PM PST

The company behind the U.S entity of FXDD, New York based FXDirectDealer LLC, has settled to pay another $500,000 for inadequate anti-money laundering program and failure to supervise operations and employees.
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The post American Watchdog Hits FXDD with Another $500,000 Fine, Limits It to Operate Only as IB appeared first on Forex Magnates.

[Snippet] Eurex to Bolster EURIBOR Futures Volumes with 4-Month Fee Waiver

Posted: 10 Dec 2014 12:57 PM PST

US Retail Forex Market Stabilized, CFTC October FCM Data Shows

Posted: 10 Dec 2014 11:35 AM PST

The CFTC's monthly report of October FCM financials is showing the size of the US retail forex industry remained flat with only a 0.2% drop in customer assets. The market shares of the firm have not changed as well.
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The post US Retail Forex Market Stabilized, CFTC October FCM Data Shows appeared first on Forex Magnates.

[Snippet] LCG Executive Chairman Henri-Sabet Purchased a Million Shares Reaching 3%

Posted: 10 Dec 2014 09:59 AM PST

Exclusive: Commerzbank Winding down FXPB Services as It Reallocates Resources

Posted: 10 Dec 2014 09:18 AM PST

Commerzbank's FXPB unit gets winded down as the bank aims for 'addition by subtraction' in its Market Services business which includes clearing, custody, collateral solutions, and trade repository services.
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The post Exclusive: Commerzbank Winding down FXPB Services as It Reallocates Resources appeared first on Forex Magnates.

Average Daily Retail OTC Trading Volumes at GAIN Capital Drop 7% in November

Posted: 10 Dec 2014 06:46 AM PST

GAIN Capital Holdings Inc. (NYSE:GAIN) has just released its latest monthly trading volumes figures for the month of November. Retail OTC trading volume totalled $221 billion, which in nominal terms is lower by 19.2% when compared to last month but …
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The post Average Daily Retail OTC Trading Volumes at GAIN Capital Drop 7% in November appeared first on Forex Magnates.

Forex Trading in Singapore Tanks Lower, While CFDs Remain on Track

Posted: 10 Dec 2014 05:42 AM PST

It's been a tumultuous year for the industry with the first eight months of 2014 bringing a number of challenges for clients and providers of forex and CFD trading services. The lack of volatility across multiple asset classes has been …
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The post Forex Trading in Singapore Tanks Lower, While CFDs Remain on Track appeared first on Forex Magnates.

FastMatch Releases Spot FX and Metals Daily Institutional Trading Volumes for the First Time

Posted: 10 Dec 2014 05:30 AM PST

For the first time ever, anyone can see all trades executed via the FastMatch platform on a ticker tape such as that of stocks. In the FX spot industry this is something that has not existed for the general public.
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The post FastMatch Releases Spot FX and Metals Daily Institutional Trading Volumes for the First Time appeared first on Forex Magnates.

[Snippet] Retail FX Trading Volumes Down 20% in November at GAIN Capital

Posted: 10 Dec 2014 04:35 AM PST

Exgate, Bitreserve and JSC Caufex Partner to Bring Settlement and Clearing to Bitcoin Trading

Posted: 10 Dec 2014 03:31 AM PST

Bringing cross participation settlement to bitcoin and other cryptocurrency trading, Exgate, Bitreserve, and JSC Caufex have partnered in a collaboration of their technologies.
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The post Exgate, Bitreserve and JSC Caufex Partner to Bring Settlement and Clearing to Bitcoin Trading appeared first on Forex Magnates.

[Snippet] HSBC Holdings dismisses London Head of FX Trading: WSJ

Posted: 10 Dec 2014 03:00 AM PST

SafeCharge Gets Approval for Issuing Activity by MasterCard Europe

Posted: 10 Dec 2014 02:22 AM PST

MasterCard Europe granted the company the ability to issue pre-paid MasterCard products opening the doors for the firm to expand its range of services to its clients and seek new growth opportunities.
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The post SafeCharge Gets Approval for Issuing Activity by MasterCard Europe appeared first on Forex Magnates.

eToro Confirms $27 Million Funding Round with Ping An Ventures and SBT Venture Capital

Posted: 10 Dec 2014 02:17 AM PST

Chinese Ping An Ventures and Russian SBT Venture Capital come aboard as new equity shareholders for eToro as the broker announces a new $27 million founding round to accelerate its global expansion.
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The post eToro Confirms $27 Million Funding Round with Ping An Ventures and SBT Venture Capital appeared first on Forex Magnates.

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