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Alpari UK Exiting from Binary Options, Cites Regulations
2014-02-05T12:32:09.000+02:00
Alpari UK has notified clients that it will no longer be offering binary options trading starting next week. The news comes shortly after they launched the product in September of 2013 using technology from SpotOption.
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Regulation
Alpari US Fined $50,000 by NFA for Insufficient Compliance with Fortress
2014-01-30T13:38:03.000+02:00
Failure to submit complete trade reports to the NFA's Forex Transaction Reporting Execution Surveillance System and failure to maintain required trade records, cost the former US retail broker $50,000.
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Alpari, FXCM and Plus500 Increased UK Market Share Despite Contraction in 2013
2014-01-01T15:41:16.000+02:00
A Leveraged Trading Report for 2013 by Investment Trends based on a study of 13,185 British investors, came up with interesting findings about the UK's Spread Betting, FX and CFD Markets for the past year.
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Alpari RU November Turnover $129.6 Billion Down 5.67% Month-over-Month
2013-12-27T11:01:41.000+02:00
Alpari Limited, domiciled in the West Indies, and operator the Alpari.ru website, has release metrics for its Russia and CIS region turnover from January though November that reached $1.469 Trillion and higher by %57 YoY.
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Brokers
Executive Interview: PAMM Pioneer Dmitry Orlov Unveils Strategy Store
2013-12-20T09:21:19.000+02:00
The technology which enables portfolio managers to operate PAMM accounts is largely attributable to the efforts of one man, Dmitry Orlov. In this week's Executive Interview, Mr. Orlov details his new venture.
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Alpari Posts Combined Trading Volumes Of $250 Billion For October 2013
2013-11-20T14:10:32.000+02:00
Alpari has today released its combined trading volumes for all of its divisions for the month of October 2013. At $250 billion, an overall decline has been experienced when compared with previous months.
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Reviewing FXCM's Q3 Financials and Business Trends
2013-11-19T16:38:26.000+02:00
Like in the past, today we are taking a closer look at FXCM’s Q3 2013 financials following the release of their SEC filed 10Q and earnings conference call. Issued earlier this month, FXCM reported a loss of $5.12 million.
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Alpari UK CEO Daniel Skowronski Resigns, David Hodge Assumes Post
2013-11-13T16:41:22.000+02:00
Alpari UK has today announced the appointment of David Hodge as CEO of the company's UK operations, whilst existing encumbent Daniel Skowronski tenders his resignation following a successful tenure at the top.
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Brokers
Exclusive: Q3 2013 US Retail Forex Broker Profitability Report, IB #1
2013-10-21T19:56:03.000+02:00
Forex Magnates is once again publishing US retail forex account profitability and active users. Overall, among reporting brokers, active account totaled 99,390, with weighted profitability at 34.2%, both below Q2 numbers.
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Analysis
Alpari Announces September Combined Volumes of $260 Billion Across its Global Companies
2013-10-14T14:34:18.000+02:00
Alpari publishes combined September volumes for the association of companies, showing a slight decline from the record high set in August.
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How Big is the Retail Forex Market?
2013-10-02T11:03:48.000+02:00
Continuing yesterday's Forex Industry Review, we take a look at the other events of the just concluded month. We begin the review with analysis of the BIS survey and calculations of the size of the retail market.
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Technology
Alpari Announces NDD ECN Technology Powering its MT4 Platform, Expects Trading to Increase
2013-10-01T17:21:18.000+02:00
The large global FX provider is optimistic about its new non-dealing desk electronic communications network technology that will be available to clients via MetaTrader4 and enable faster execution speeds.
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Brokers
September Forex Industry Review: Inside the Latest M&A Frenzy, More Deals Than Money?
2013-10-01T16:55:01.000+02:00
In this month's Forex Industry Review, we take a closer look at September's M&As. After a quiet summer, the market was hit with a flurry of deals in a two week span. Who made out well, and what were the real prices.
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Diversification On The Agenda - OANDA Purchases Social Trading Network Currensee
2013-09-25T00:00:56.000+02:00
OANDA, one the handful of retail FX firms still operating in America, has today announced that it is to purchase Currensee, alluding to a potential need for diversification of service offering to stay in the market.
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Exclusive: Alpari to Exit US Market
2013-09-20T16:51:37.000+02:00
Forex Magnates has learned that Alpari is exiting the US market and will be withdrawing its FCM registration with the NFA. According to sources, US accounts will be transferred to FXCM.
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Alpari US Customer Contraction Continues in July CFTC FCM Financials
2013-09-11T18:05:47.000+02:00
The CFTC has posted financials for US FCM’s for the month of July. Among forex firms, the data showed a decline in customer deposits. During the month, total Retail Forex Funds dropped 1.2% to $629.75 million.
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Brokers
Six In A Row! Alpari's August Volumes Set A Further Record
2013-09-10T19:58:01.000+02:00
Alpari has today announced its group volume figures for August 2013, which weighed in at over $280 billion, representing the sixth month of volume figures in a row.
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Anchors Aweigh! Financial Commission Unveils Its First 5 Members
2013-09-10T15:38:43.000+02:00
The new dispute resolution organization for the Forex market has announced the initial participating members of their organization. The goal: providing consumers with an alternative to legal or regulatory proceedings.
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Alpari Adds Binary Options To Its Offering Via Two Platforms Depending On Region
2013-09-03T11:48:40.000+02:00
Alpari today announces the introduction of binary options trading facilities to its clients. In Russia and the CIS region, the MarketsPulse platform will be offered, whereas in the United Kingdom, SpotOption provides the platform.
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US FX Brokers Feel the Summer Heat as Retail Assets Decline 1.4% MoM
2013-08-14T00:07:50.000+02:00
The gradual diminish of the US retail FX market is coming close to reality as brokers are experiencing declining metrics. Retail Forex assets held by brokers declined 1.4% from a month earlier in June 2013.
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Regulation
FCA Fines Nigerian Bank, GTB, for Lapsed Money Laundering Controls
2013-08-12T11:39:03.000+02:00
The UK's Financial Conduct Authority has fined Nigerian bank, Guaranty Trust Bank (UK) Ltd £525,000 for failures in its anti-money laundering control. GT Bank joins a growing list of foreign banks who have failed to meet UK standards.
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GAIN Capital Secures Deal To Sponsor Manchester City Football Club
2013-07-26T10:59:16.000+02:00
Interest in high profile, high budget sponsorship of British Premier League football teams is growing among FX companies around the world. Today, GAIN Capital announces its sponsorship of the UK's Manchester City FC.
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Alpari Posts Combined Monthly Totals For June - Slightly Down MoM But Still Demonstrates Strong Year So Far
2013-07-11T19:43:41.000+02:00
Alpari posts sound volume figures for June at in excess of $243 billion for the month, slightly down on May's record volumes but concurrent with the firm's strong performance into the middle of 2013.
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CFTC Posts May FCM Financials – Advanced Markets Out, Whotrades FX is In
2013-07-11T12:00:01.000+02:00
The CFTC has posted financials for FCMs as of the end of May. Total Retail Forex Funds were $644,593,164, a drop of $3,166,759 (-0.49%) from the end of April. The decline was mainly the result of a near $9 million drop at Oanda,
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June Forex Industry Review: Letters Reign - MQ, BdB, FCA, CFTC & M&A
2013-07-03T15:42:25.000+02:00
As we enter July, we have officially hit the summer months and their accompanying slow period. June was a quasi-period with the month being active at the start but news flow began to decrease as time went on.
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