2009-07-28: Forex Magnates Daily Updates

Currensee Inc. (www.currensee.com), the first Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading social network where traders collaborate based on real trades, today announced the appointment of David Lemont (https://www.currensee.com/about-us/management-team#dave), successful CEO and go-to-market strategist, as full-time CEO for the company

https://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/07-27-2009/0005066320&EDATE=

Alpari (US), a regulated Foreign Exchange company and global provider of online Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term, announced today that it will be maintaining full compliance with the new NFA Rule 2-43 (b), which requires orders be executed on a First In, First Out (FIFO) basis when multiple positions are held in the same currency pair. This means that the position which was first opened will be the first to be closed, but stop-loss and limit orders will still be able to be placed on Alpari (US) accounts.

https://www.prweb.com/releases/2009/07/prweb2682724.htm

GAIN Capital, a global provider of online foreign exchange (forex) trading services, is opening an office in Seoul, allowing GAIN to explore new business development opportunities in Korea's fast-growing margin forex trading industry. The strategic South Korea location will also further expand GAIN's footprint in the region.

https://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/07-27-2009/0005066820&EDATE=

Philippines ease forex rules

https://www.iflr.com/Article/2117393/Foreign-exchange-transactions.html

Barclays Capital, the investment banking arm of Barclays PLC (BARC.L), has appointed former Royal Bank of Scotland (RBS.L) banker Ivan Ferraroni as the head of Asia Pacific foreign exchange bank sales.

https://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSSIN46613020090728

Overview and interview with Zecco - Gain's white Label

https://www.examiner.com/x-4836-SF-Personal-Finance-Examiner~y2009m7d27-Zecco-Youre-in-the-money

The Securities and Exchange Commission on Monday said it was examining “flash” orders – trades made at lightning speeds on electronic systems – after calls by a US senator to ban the practice.

https://www.ft.com/cms/s/0/039fc8f6-7a11-11de-b86f-00144feabdc0.html?nclick_check=1

• Currensee Inc., the first Forex trading social network where traders collaborate based on real trades, today announced the appointment of David Lemont, successful CEO and go-to-market strategist, as full-time CEO for the company

• Alpari (US), which already announced this on the pages of this blog last Thursday, yesterday announced that it will be maintaining full compliance with the new NFA Rule 2-43 (b), which requires orders be executed on a First In, First Out (FIFO) basis when multiple positions are held in the same currency pair. This means that the position which was first opened will be the first to be closed, but stop-loss and limit orders will still be able to be placed on Alpari (US) accounts.

• GAIN Capital, a global provider of online foreign exchange (forex) trading services, is opening an office in Seoul, allowing GAIN to explore new business development opportunities in Korea's fast-growing margin forex trading industry. The strategic South Korea location will also further expand GAIN's footprint in the region.

• Looks like GAIN works in blasts: it was quiet in the past few weeks but then it announced a new White Label in New Zealand and Australia and now this. I hope they read this post about South Korea cracking down on Forex.

• Philippines eases forex rules, follows China's steps.

• Barclays Capital, the investment banking arm of Barclays PLC (BARC.L), has appointed former Royal Bank of Scotland (RBS.L) banker Ivan Ferraroni as the head of Asia Pacific foreign exchange bank sales.

• Overview and interview with Zecco - Gain's white Label

• The Securities and Exchange Commission on Monday said it was examining “flash” orders – trades made at lightning speeds on electronic systems – after calls by a US senator to ban the practice. Forex scalpers are next?