Thursday, February 19, 2015

$3.9 Mln Penalty and 8-Year Jail Term for Fraudster Behind Revelation Forex Fund

$3.9 Mln Penalty and 8-Year Jail Term for Fraudster Behind Revelation Forex Fund


$3.9 Mln Penalty and 8-Year Jail Term for Fraudster Behind Revelation Forex Fund

Posted: 19 Feb 2015 05:21 PM PST

A US judge has handed out a lengthy sentence to Kevin White of KGW Capital for operating a fraudulent currency fund. The fraudster will face a 97 month jail sentence and is to y $3.9 million in restitution.
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Spanish Traders to Benefit from Additional Leveraged IBEX 35 Benchmark Indices

Posted: 19 Feb 2015 03:14 PM PST

The Bolsas y Mercados EspaƱoles, (BME), the largest financial cash and derivatives trading venue in Spain, has extended the number of instruments linked to the popular IBEX 35 derivatives contract. The firm reported that it will be launching two instruments …
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[Snippet] ICE Benchmark to Commence Administration of LBMA Gold Price from 20th March

Posted: 19 Feb 2015 11:46 AM PST

Social Trading Network eToro Introduces New Trader Incentives

Posted: 19 Feb 2015 11:00 AM PST

The social trading network revamped its reward program back in December and after a positive response from trade leaders has further increased the attractiveness of its offering as it partnered with Telecitygroup.
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The post Social Trading Network eToro Introduces New Trader Incentives appeared first on Forex Magnates.

CySEC Cautions Investors about Talanto Capital Markets

Posted: 19 Feb 2015 09:44 AM PST

The Cyprus Securities and Exchange Commission issued a statement today informing investors that the company Talento Capital Markets (Cyprus) is not permitted to provide investment and ancillary services in the country.
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Germany Rejects Greek Proposal, S&P Dismisses Grexit Spillover Risks

Posted: 19 Feb 2015 07:58 AM PST

As speculated by Forex Magnates, the leader amongst creditor nations delivering the Greek bailout package has been quick to dismiss the proposal made by the government in Athens due to lack of any real commitments.
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The post Germany Rejects Greek Proposal, S&P Dismisses Grexit Spillover Risks appeared first on Forex Magnates.

CySEC Cuts License of UFS Capital, Firm Targeting Individual Investors

Posted: 19 Feb 2015 06:34 AM PST

The company has been targeting high-net worth individuals. However, according to CySEC it hasn't been diligent enough in complying with reporting of certain data to the Cypriot watchdog in a timely manner.
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The post CySEC Cuts License of UFS Capital, Firm Targeting Individual Investors appeared first on Forex Magnates.

iFX EXPO International, Forex Magnates 2015 Summits Dates Announced

Posted: 19 Feb 2015 06:22 AM PST

iFX EXPO international will take place on May 26-28, while Forex Magnates Tokyo and London Summits are scheduled for July and November. Save the dates and stay tuned for the industry's best content and networking opportunities.
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The post iFX EXPO International, Forex Magnates 2015 Summits Dates Announced appeared first on Forex Magnates.

Greek Government Submits Request for a Bailout Extension, Remains Stubborn

Posted: 19 Feb 2015 05:51 AM PST

The euro has given back its gains in London morning trading as the proposal by Greek officials to the Eurogroup maintains a tone which is unlikely to yield any concessions with the country's creditors.
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The post Greek Government Submits Request for a Bailout Extension, Remains Stubborn appeared first on Forex Magnates.

Commodities Corner (Part 5): Lumber – Asset Influencing the New York Times

Posted: 19 Feb 2015 05:34 AM PST

Vladimir Petropoljac surveys the factors which affect price fluctuations in the commodity that print publications are heavily dependent on. Read more facts about lumber and timber in this week's commodities corner.
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The post Commodities Corner (Part 5): Lumber – Asset Influencing the New York Times appeared first on Forex Magnates.

FCA Investigating Competition in Wholesale Banking, Investment Sector

Posted: 19 Feb 2015 05:02 AM PST

The British regulator has determined it worthwhile following the publication of its review into competition in the sector and will also consider undertaking a market study into asset management and related services.
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The post FCA Investigating Competition in Wholesale Banking, Investment Sector appeared first on Forex Magnates.

FxPro Upgrades Its Automated Strategy Creation Tool FxPro Quant

Posted: 19 Feb 2015 01:28 AM PST

The new version will be able to export strategies as both MT4 EAs and cTrader robots, while delivering the FxPro Quant portal for free to all traders regardless of whether they have an account with the brokerage or not.
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