Wednesday, March 25, 2015

Chelsea FC Removes CWM FX from Sponsors List

Chelsea FC Removes CWM FX from Sponsors List


Chelsea FC Removes CWM FX from Sponsors List

Posted: 25 Mar 2015 05:01 PM PDT

The leading football club has declined comment earlier today about the future of the relationship with the troubled broker, but an update of the sponsors page can be understood as the club's response.
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The post Chelsea FC Removes CWM FX from Sponsors List appeared first on Forex Magnates.

CFTC Revokes Altamont Global’s License to Prevent ‘Any More Fraud’

Posted: 25 Mar 2015 04:05 PM PDT

The CFTC, has retracted Altamont Global's license, the firm that was found guilty of committing fraud relating to margin FX. CFTC hopes that the firm and its associated person John Wilkins, are unable to commit future wrong doings.
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The post CFTC Revokes Altamont Global's License to Prevent 'Any More Fraud' appeared first on Forex Magnates.

UK Lists First Money Market ETF Quoted in Renminbi as it Steps-Up Offshore Chinese Trading

Posted: 25 Mar 2015 02:25 PM PDT

London continues to position itself as the future for overseas China financial trading as the LSE lists the first money market ETF, denominated in RMB, with the new instrument giving access to the Chinese economy.
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The post UK Lists First Money Market ETF Quoted in Renminbi as it Steps-Up Offshore Chinese Trading appeared first on Forex Magnates.

Breaking: CWM Responds to City of London Police Investigation

Posted: 25 Mar 2015 12:32 PM PDT

The Chelsea FC sponsor claims that there might be a coordinated effort to tarnish the group's reputation as CWM have made an offer to the City of London Police to ring fence client funds to allay any general concerns.
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The post Breaking: CWM Responds to City of London Police Investigation appeared first on Forex Magnates.

[Snippet] LCG's CEO Charles-Henri Sabet Increases His Stake to 9.22% in the Company

Posted: 25 Mar 2015 11:29 AM PDT

Alpari FX Volume down 15% MoM in Russia and the CIS Countries

Posted: 25 Mar 2015 09:41 AM PDT

Alpari Russia has released its February 2015 turnover in Russia and the CIS countries. Coming in at just $74.7 billion, the figures is 15% lower than January as volatility post-SNB decision has decreased.
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The post Alpari FX Volume down 15% MoM in Russia and the CIS Countries appeared first on Forex Magnates.

FCA Warns against GMT Markets Limited and LCG Clone Tradignition

Posted: 25 Mar 2015 09:16 AM PDT

The UK financial regulatory body has issued a couple of warnings against unauthorized firms providing broking services without authorization, with Tradeignition imposting as LCG when soliciting clients.
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The post FCA Warns against GMT Markets Limited and LCG Clone Tradignition appeared first on Forex Magnates.

Catching up with London Capital Group’s Charles-Henri Sabet

Posted: 25 Mar 2015 08:46 AM PDT

Gaining a better understanding of LCG's restructuring and their strategies for 2015 and beyond, Forex Magnates spoke with CEO Charles-Henri Sabet about expansion, technology, their B2B business and more.
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The post Catching up with London Capital Group's Charles-Henri Sabet appeared first on Forex Magnates.

Breaking: FXCM Inc to Sell Its FXCM Japan Unit to Rakuten Securities

Posted: 25 Mar 2015 07:09 AM PDT

The deal is worth $62 million, with the sale of the Japanese unit of FXCM resulting in the recovery of cash held at the company most likely as a regulatory capital requirement totaling $22 million.
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The post Breaking: FXCM Inc to Sell Its FXCM Japan Unit to Rakuten Securities appeared first on Forex Magnates.

XTB Warns about Forex Double Trading Robot

Posted: 25 Mar 2015 06:51 AM PDT

XTB is warning against Forex Double and its trading robot, stating it isn't authorized to display its name in advertisements and that it is providing false information.
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The post XTB Warns about Forex Double Trading Robot appeared first on Forex Magnates.

Breaking: Chelsea FC Partners CWM Were Target of Police Heron Tower Raid

Posted: 25 Mar 2015 04:15 AM PDT

The City police is urging anyone who has invested in CWM's managed funds offering 5% interest per month to get in contact. The 13 arrests this month were meant to "stop what we believe was an ongoing criminality".
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The post Breaking: Chelsea FC Partners CWM Were Target of Police Heron Tower Raid appeared first on Forex Magnates.

[Snippet] Tickmill lowers Leverage on Exotic FX pairs to 1:10

Posted: 25 Mar 2015 03:52 AM PDT

O-SYSTEMS to Open a Tokyo Office as Part of Asian Expansion in 2015

Posted: 25 Mar 2015 03:44 AM PDT

Boutique binary options platform developer, O-SYSTEMS, reports extensive growth in 2015. The technology provider announces its plans to continue the growth with new additions to its technology and global expansion.
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The post O-SYSTEMS to Open a Tokyo Office as Part of Asian Expansion in 2015 appeared first on Forex Magnates.

LCG Spread Betting and CFDs Revenue down 7% YoY, Sabet Turned CEO

Posted: 25 Mar 2015 03:01 AM PDT

Alongside its final results statement released this morning, London Capital Group announced a change to the board of directors. Charles-Henri Sabet, currently executive chairman, will assume the role of Group CEO.
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The post LCG Spread Betting and CFDs Revenue down 7% YoY, Sabet Turned CEO appeared first on Forex Magnates.

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