Friday, February 27, 2015

NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu

NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu


NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu

Posted: 27 Feb 2015 02:01 PM PST

The National Futures Association (NFA) has permanently barred Chazon QTA Quantitative Trading Artists LLC (Chazon), an NFA Member commodity pool operator (CPO), from NFA membership. Two weeks ago, the NFA published a Complaint settlement with Global Futures Exchange & Trading …
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The post NFA Issues Permanent Ban on Chazon QTA Trading Artists, Lawrence Fejokwu appeared first on Forex Magnates.

Over 100,000 Alpari UK Clients to Gain Access To Claims Portal

Posted: 27 Feb 2015 12:24 PM PST

The failed UK broker's special administrator KPMG will begin accepting claims by customers of Alpari UK in a couple of waves, due to the excessively large numbers of client claims which are likely to arise.
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The post Over 100,000 Alpari UK Clients to Gain Access To Claims Portal appeared first on Forex Magnates.

MGT Capital Investments Enters into Shareholder Agreement with Tera Group

Posted: 27 Feb 2015 11:53 AM PST

MGT Capital Investments, Inc. has formally entered into a Letter of Intent (LOI) with Tera Group, Inc., the owner of regulated Swap Execution Facility (SEF), TeraExchange, LLC. Back in October, TeraExchange, under the authorization of the US derivatives watchdog, the …
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The post MGT Capital Investments Enters into Shareholder Agreement with Tera Group appeared first on Forex Magnates.

KCG and BATS Obtain All Approvals for Hotspot Transaction

Posted: 27 Feb 2015 11:17 AM PST

As communicated by BATS Global Markets' CEO Chris Concannon to Forex Magnates earlier this month, the change of ownership of KCG's former FX unit Hotspot will not affect clients nor employees of the unit.
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Saxo Bank Launches 21 New Stock and ETF Options

Posted: 27 Feb 2015 11:05 AM PST

Saxo Bank has launched new stock and ETF options for its clients, fortifying its existing suite of options amidst a period of US equity indices operating at all-time highs.
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The post Saxo Bank Launches 21 New Stock and ETF Options appeared first on Forex Magnates.

Breaking: FXCM Inc on Track with Repayment Of Leucadia Loan

Posted: 27 Feb 2015 09:24 AM PST

According to Leucadia National's quarterly earnings report, the firm is expecting to receive over $75 million of its loan to FXCM within three months from the date of the agreement closure with the broker.
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The post Breaking: FXCM Inc on Track with Repayment Of Leucadia Loan appeared first on Forex Magnates.

TickCom to Deliver a Copy and Social Trading Alternative to the Market

Posted: 27 Feb 2015 06:44 AM PST

The firm is delivering retail brokers a new product designed to provide an alternative solution for automated trading, giving full strategy development control to the end clients without requiring coding skills.
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The post TickCom to Deliver a Copy and Social Trading Alternative to the Market appeared first on Forex Magnates.

BGC Partners Successfully Acquires 56.3% of GFI Group Shares

Posted: 27 Feb 2015 05:20 AM PST

The independent board members of GFI Group have resigned as BGC appoints 6 out of 8 directors on the new expanded board of the target firm after a takeover battle stretching for over 6 months.

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The post BGC Partners Successfully Acquires 56.3% of GFI Group Shares appeared first on Forex Magnates.

Average OTC Margin Forex Account Size in Japan Totals $14,000

Posted: 27 Feb 2015 04:26 AM PST

Japanese OTC FX margin volume skyrocketed 132% in the fiscal third quarter of 2014, marking a new all time high and reaffirming an ever-growing risk appetite by Japanese traders to engage in forex trading.
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The post Average OTC Margin Forex Account Size in Japan Totals $14,000 appeared first on Forex Magnates.

What’s Going on down Under?

Posted: 27 Feb 2015 03:00 AM PST

With all eyes on the Cricket World Cup in Australia, Matthew Clark asks if it is the time to focus on the Aussies.

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The post What's Going on down Under? appeared first on Forex Magnates.

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