Thursday, April 2, 2015

Ex Commerzbank MD Beat Nussbaumer Lands at Bank of America

Ex Commerzbank MD Beat Nussbaumer Lands at Bank of America


Ex Commerzbank MD Beat Nussbaumer Lands at Bank of America

Posted: 02 Apr 2015 08:16 PM PDT

As first reported by Forex Magnates, Mr. Nussbaumer will join the US headquartered bank to assume a similar position to the one he held at Commerzbank, after the latter has transferred FX positions to Frankfurt.
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The post Ex Commerzbank MD Beat Nussbaumer Lands at Bank of America appeared first on Forex Magnates.

MOEX Reports March 2015 Volumes, Notches Consecutive Monthly Gain

Posted: 02 Apr 2015 12:17 PM PDT

The Moscow Exchange (MOEX) has just reported its trading volumes for the month ending March 2015, yielding $388.6 billion (RUB 22.0 trillion) in monthly FX market turnover.
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The post MOEX Reports March 2015 Volumes, Notches Consecutive Monthly Gain appeared first on Forex Magnates.

Evidence that the US Dollar is Starting Another Leg Higher

Posted: 02 Apr 2015 12:15 PM PDT

Our guest blogger Clive Lambert presents us a chart, that was very popular on Twitter and that shouldn't be missed.
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The post Evidence that the US Dollar is Starting Another Leg Higher appeared first on Forex Magnates.

Currency Mountain Holdings Acquires TraderMade Systems

Posted: 02 Apr 2015 10:21 AM PDT

Currency Mountain Holdings, LLC, the holding company behind FXDD, has acquired TraderMade Systems Ltd., a supplier of technical analysis solutions for the FX industry.
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The post Currency Mountain Holdings Acquires TraderMade Systems appeared first on Forex Magnates.

InstaForex Quits Self-Regulatory Body KROUFR After Just One Month

Posted: 02 Apr 2015 09:12 AM PDT

FinPotrebSoyuz, suggested by the broker to its clients, is not a very well-known body in the Russian forex industry and its ability to handle complex cases such as negative slippage or requotes is doubtful.
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The post InstaForex Quits Self-Regulatory Body KROUFR After Just One Month appeared first on Forex Magnates.

CME Group Foreign Exchange Trading Volumes Swell 27% in March

Posted: 02 Apr 2015 08:50 AM PDT

Increased G7 FX volatility has brought higher trading volumes to the Chicago Mercantile Exchange during the month of March, after shedding a fifth in February as range trading ensued across major pairs.
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The post CME Group Foreign Exchange Trading Volumes Swell 27% in March appeared first on Forex Magnates.

FXCM Inc Announces Repayment of Additional $54 Mln of Leucadia Loan

Posted: 02 Apr 2015 08:10 AM PDT

FXCM Inc will avoid the additional contingent financing fee totaling $30 million according to the terms of its agreement with Leucadia National and will be repaying another $12 million in the coming weeks.
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The post FXCM Inc Announces Repayment of Additional $54 Mln of Leucadia Loan appeared first on Forex Magnates.

UK Subsidiary of YJFX Gulliver FX to Shut Down Operations in May

Posted: 02 Apr 2015 07:27 AM PDT

YJFX subsidiary Gulliver FX has made a strategic decision to close its doors after less than a year of operating and will be shutting down its MT4 offering in May, after already suspending its own platform in December.
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The post UK Subsidiary of YJFX Gulliver FX to Shut Down Operations in May appeared first on Forex Magnates.

Greece Fails on Reforms, Buffet Says Grexit Not a ‘Bad Thing’ for Euro

Posted: 02 Apr 2015 04:47 AM PDT

Another round of discussions between Greece and its creditors failed to yield any results despite a revised reforms proposal package which the Greek government's representatives presented during a teleconference.
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The post Greece Fails on Reforms, Buffet Says Grexit Not a 'Bad Thing' for Euro appeared first on Forex Magnates.

Some Clients of Alpari UK Still Pending Access to Claims Portal

Posted: 02 Apr 2015 04:01 AM PDT

About 1,200 clients of Alpari UK who held trades in the CHF around the time of the black swan event on the 15th of January have yet to get pricing on their trades confirmed several months after the SNB move.
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The post Some Clients of Alpari UK Still Pending Access to Claims Portal appeared first on Forex Magnates.

Playtech Acquires Markets.com (TradeFX) for up to €458 Million

Posted: 02 Apr 2015 02:43 AM PDT

Playtech is acquiring TradeFX in a deal valued up to €458 million. TradeFX is the holding company behind the Markets.com brand and their forex and binary options trading technology.
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The post Playtech Acquires Markets.com (TradeFX) for up to €458 Million appeared first on Forex Magnates.

ASIC Suspends Licence of AGM Markets for Six Months

Posted: 02 Apr 2015 01:45 AM PDT

After AGM Markets stopped operating in May 2014, the Australian regulator took the decision to suspend its license despite the intentions by the brokerage to re-start servicing clients in April 2015.
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The post ASIC Suspends Licence of AGM Markets for Six Months appeared first on Forex Magnates.

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