Monday, March 23, 2015

FXCM’s Australian Entity Deploys Updated Negative Balance Rules

FXCM’s Australian Entity Deploys Updated Negative Balance Rules


FXCM’s Australian Entity Deploys Updated Negative Balance Rules

Posted: 23 Mar 2015 05:42 PM PDT

FXCM continues to amend its trading conditions post-SNB, the firm reported a revised policy for traders registered under its Australian regulated entity. The revisions will cover the first $50,000 of negative balances.
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The post FXCM’s Australian Entity Deploys Updated Negative Balance Rules appeared first on Forex Magnates.

Mobile Advertising on the Agenda for Gaming & FX Entrepreneur Teddy Sagi with Stake in glipsa

Posted: 23 Mar 2015 04:26 PM PDT

A prominent figure in the world of currency trading and online gaming, Teddy Sagi, has extended his portfolio of companies to include a mobile advertising firm. The entrepreneur has acquired a 75% stake in glipsa.
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The post Mobile Advertising on the Agenda for Gaming & FX Entrepreneur Teddy Sagi with Stake in glipsa appeared first on Forex Magnates.

[Snippet] Nasdaq to Provide Technology to Start-up Noble Markets for Bitcoin Exchange: WSJ

Posted: 23 Mar 2015 03:46 PM PDT

MCX Adopts New Name in Clean-Up Exercise – The Name’s, Exchange, Metropolitan Exchange of India

Posted: 23 Mar 2015 03:39 PM PDT

Indian multi-asset trading venue, MCX-SX changes name after gaining approval from Registrar of Companies, the exchange will continue to operate as the Metropolitan Stock Exchange of India Ltd.
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The post MCX Adopts New Name in Clean-Up Exercise – The Name's, Exchange, Metropolitan Exchange of India appeared first on Forex Magnates.

New LBMA Gold Price Fixing Still Leaves Only Six Market Makers

Posted: 23 Mar 2015 01:37 PM PDT

Despite the launch of the new benchmark LBMA gold price fixing and the transparency of an electronic market making process, the number of banks bidding in the auction remains disappointingly low.
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The post New LBMA Gold Price Fixing Still Leaves Only Six Market Makers appeared first on Forex Magnates.

Social Trading Network FX Stat Upgrades its FCA License

Posted: 23 Mar 2015 11:49 AM PDT

The changes make FX Stat fully compliant with updated FCA social trading regulations and license the firm to be providing STP execution services in forex, futures, commodities and spread betting contracts
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The post Social Trading Network FX Stat Upgrades its FCA License appeared first on Forex Magnates.

Discussing Design Based Data Messaging Integration with Volante Technologies

Posted: 23 Mar 2015 10:17 AM PDT

Wth the release of their latest messaging integration software, version 5.1, Forex Magnates spoke to Fiona Hamilton, VP Europe and Asia at Volante Technologies to learn more about the upgrade.
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The post Discussing Design Based Data Messaging Integration with Volante Technologies appeared first on Forex Magnates.

[Snippet] Eurex Exchange Launches Weekly Options for Euro Bond Futures

Posted: 23 Mar 2015 10:08 AM PDT

After SNB Boost, CLS Daily FX Volumes Went Back Down 16.5% in February

Posted: 23 Mar 2015 10:00 AM PDT

Last month, CLS revealed it experienced a 16% jump in volumes on the back of the SNB crisis. The new data shows that the FX market returned to normality in February without the extreme market volatility seen in January.
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The post After SNB Boost, CLS Daily FX Volumes Went Back Down 16.5% in February appeared first on Forex Magnates.

CWM FX Suspends Service after Leverate Cut All Ties to the Broker

Posted: 23 Mar 2015 09:52 AM PDT

Forex Magnates has learned that Leverate notified clients of CWM FX that the broker was switching liquidity providers and that they needed to withdraw funds and would be able to redeposit when a new platform launches.
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The post CWM FX Suspends Service after Leverate Cut All Ties to the Broker appeared first on Forex Magnates.

DMM FX Australia Goes against Higher Margin Requirements Trends

Posted: 23 Mar 2015 09:08 AM PDT

There has been an almost universal consensus across the industry that higher margin requirements are “the new normal” in the forex business in a post-Swiss National Bank world. One of the key players in the Asian retail markets has taken …
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The post DMM FX Australia Goes against Higher Margin Requirements Trends appeared first on Forex Magnates.

Rising Global Stock Indexes Plus Dollar Momentum Triggers Demand for Currency Hedging

Posted: 23 Mar 2015 06:57 AM PDT

Investors in Japanese and European stocks are benefiting from bull markets in those regions but the dollar's strength against the euro and yen is biting into gains. The solution, currency hedged funds.
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The post Rising Global Stock Indexes Plus Dollar Momentum Triggers Demand for Currency Hedging appeared first on Forex Magnates.

Skrill Bought by Rival Payments Provider Neteller for €1.1 Billion

Posted: 23 Mar 2015 05:29 AM PDT

Optimal Payments Plc (LSE: OPAY), the group behind the popular NETELLER payment solution, has just revealed it would buy rival Skrill Group for a sum of about €1.1 billion in order to expand its online services.
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The post Skrill Bought by Rival Payments Provider Neteller for €1.1 Billion appeared first on Forex Magnates.

The FOMC Nailed It, the Dollar That Is

Posted: 23 Mar 2015 04:36 AM PDT

With a new low made last week in GBP/USD as expected and the USD sell off post-FOMC, we will take a look at last week's price action and see what opportunities lie ahead in the coming week.
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The post The FOMC Nailed It, the Dollar That Is appeared first on Forex Magnates.

Australian Watchdog Chief Confirms Tightening of FX Regulations

Posted: 23 Mar 2015 03:24 AM PDT

The Chairman of the Australian Securities and Investments Commission (ASIC), Greg Medcraft, said his jurisdiction is being "picked off" by online forex brokers looking to offer excessive leverage.
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The post Australian Watchdog Chief Confirms Tightening of FX Regulations appeared first on Forex Magnates.

Insolvency Specialist Answers Alpari UK, LQD Markets Clients’ Questions

Posted: 23 Mar 2015 01:58 AM PDT

When will clients get their funds back, from whom should they claim and what fate awaits overseas traders? Forex Magnates provides all the answers by David Leibowitz, partner at Berwin Leighton Paisner LLP.
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The post Insolvency Specialist Answers Alpari UK, LQD Markets Clients’ Questions appeared first on Forex Magnates.

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