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Analysis
Invast Upgrades MT4 Server Functionality With Solid State Drive Technology
2014-10-21T10:46:08.000+02:00
An SSD upgrade is expected to deliver fast execution times, lower latency and better reliability. By introducing state-of-the-art technology, Invast hopes to compete among the world's best.
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Analysis
Yet Another Pyramid Scheme? The ForexInn House of Cards Has Fallen
2014-10-21T10:41:44.000+02:00
As first published by Forex Magnates Russia the broker’s website is no longer operational, amid growing complaints by clients regarding "payment issues" reported both on social media and self regulatory body KROUFR.
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Regulation
Regulatory Authorities Nearing FX Manipulation Charges, Fines Approaching $41B?
2014-10-21T10:33:21.000+02:00
Following a yearlong investigation by a number of global regulators alleging FX manipulation by many of the world’s leading banks, the potential costs associated with fines are starting to be weighed.
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Regulation
MFSA Tightens Financial Licensing Rules and Raises Capital Requirement
2014-10-20T14:37:18.000+02:00
Effective October 20th, all new foreign exchange brokers must adhere to a €730,000 initial minimum capital requirement in Malta alongside a range of other conditions designed to toughen financial regulation.
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Analysis
Blackwell Global Chooses FlexTrade as Technology Partner, MaxxTrader As Front-End Platform
2014-10-20T09:15:40.000+02:00
Blackwell picks MaxxTrader as its trading platform for foreign exchange and precious metals. With the platform offering advanced TCA features, Blackwell hopes to enrich the retail market with institutional delights.
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Analysis
US Banks Lean On FX as Volatility Sparks Revenues
2014-10-17T14:17:29.000+02:00
Nearly two months ago the FX industry was engulfed in historically tranquil volumes, however the past couple months have seen an explosion of trading activity that has sparked an uptick in revenues.
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Brokers
“Meet The Experts” Welcomes Its Newest Contributor, Karl Montevirgen
2014-10-17T10:56:58.000+02:00
Forex Magnates’ “Meet the Experts” platform is happy to announce its newest contributing expert, Karl Montevirgen, an independent consultant and Executive Recruiter, specializing in FX markets.
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Trending
CySEC License Granted For Plus500, Alexandre Beliakov Checks In
2014-10-17T02:10:26.000+02:00
The past week underwent a series of developments, none more large than Plus500’s granting of a CySEC license via Map S.Platis.
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Executive Moves
Fortress Appoints FX Veteran Jim Conklin As Managing Director
2014-10-16T15:55:36.000+02:00
Fortress Investment Group has appointed Jim Conklin as its newest Managing Director of its Singapore branch, following his departure from QFS Asset Management this past March.
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Analysis
South Korea's Financial Regulator Intensifies Monitoring of Forex Trading
2014-10-16T09:41:24.000+02:00
In yet another example of the FX market coming under more scrutiny from regulators globally, Forex Magnates reports on South Korea's plans to make Forex brokers more transparent and traders more accountable.
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Expert Insights
Ichimoku Indicator – What’s Best Time Frame to Use It?
2014-10-16T02:01:47.000+02:00
In my opinion, Ichimoku works best for visual traders – just like any other indicator.
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Analysis
Alpari Russia Reports Mild Volumes Increase While Industry Peers Enjoy Volumes Bonanza
2014-10-15T12:00:14.000+02:00
The broker reports a 14% rise in monthly volumes and an 18% year-on-year decline. As the FX market left hibernation in September, market conditions provided a mild harvest for Alpari compared to a glut for most other trading venues.
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Analysis
FFAJ Reports Sharply Better Forex Trading Volumes Alongside Slower Binary Flow
2014-10-15T08:19:23.000+02:00
Cumulatively, Japanese retail brokers report a 93% improvement in forex trading volumes in September with a 42% improvement YoY. Binary Options volumes suffered a 16% fall although existing and active accounts continued to rise.
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Executive Moves
GAIN Capital Names Tom Marano Managing Director of GTX
2014-10-15T02:06:19.000+02:00
GAIN Capital has made a key appointment at the executive level, naming Tom Marano as its newest Managing Director of GTX.
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Executive Moves
360T Restructures APAC Team, Adding Jamie Salamon, Robert Coughlan
2014-10-14T18:18:01.000+02:00
Multi-asset over-the-counter (OTC) trading specialist 360T has announced an additional round of expansion to its Asia-Pacific (APAC) executive team, adding Jamie Salamon and Robert Coughlan to its Singapore headquarters.
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Executive Moves
JPMorgan’s Chief Currency Trader Richard Usher Parts Ways With Bank
2014-10-14T14:52:01.000+02:00
JPMorgan’s executive shuffle continues, with the bank opening up a key vacancy – its Chief Currency Trader in London, Richard Usher has reportedly parted ways with the bank, amidst a yearlong suspension.
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Exchanges
CLS Group’s Submitted Average Daily Volume Jumps 37% MoM in September
2014-10-14T14:00:51.000+02:00
FX trading volumes submitted to the CLS Group’s settlement and aggregation service continued its monthly ascent, with the average daily volume (ADV) surging 37% MoM in September 2014 to 1,419,102.
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Executive Moves
UBS Promotes John Newman to Global Head of FX Options
2014-10-14T02:05:50.000+02:00
UBS has promoted John Newman, Head of Foreign Exchange Options for Europe, to its Global Head of FX Options, following the void of UBS’ Tony Hall who relocated earlier this year.
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Analysis
AMF Publishes Four-Year FX Study, 89% of Investors Experiencing Losses
2014-10-13T13:56:51.000+02:00
Autorité des marchés financiers (AMF) has issued an announcement warning investors of the potential dangers of trading FX, following a mounting number of complaints from investors.
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Executive Moves
HSBC Continues APAC Restructuring, Adds Madhuri Desai to FX Sales Team
2014-10-13T09:43:17.000+02:00
HSBC has continued revamping its FX sales personnel, tapping veteran Madhuri Desai as the newest member of its FX sales team – she will be based out of Singapore where she will help develop the bank’s sales.
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Expert Insights
Slippage and Re-quotes? Futures and Options better Than FX Trading?
2014-10-13T02:01:46.000+02:00
As someone who has traded Forex extensively, I certainly have had to ask these questions to myself.
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Regulation
Monolith-Invest, Personal-Trader.RU Blacklisted by CRFIN
2014-10-10T19:08:23.000+02:00
The Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) has blacklisted a fraudulent organization under the alias Monolith-Invest, citing unrealistic expectations and misleading guarantees.
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Technology
Equinix Initiates Phase Two of AM3 Data Center in Amsterdam to Meet Rising Demand
2014-10-10T17:18:00.000+02:00
Global interconnection and data center firm, Equinix, Inc. has announced the inception of phase two of its Amsterdam data nexus, tapped AM3 at Science Park, on the heels of heightened demand for collocation space.
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Expert Insights
Forex Magnates’ Experts Site Celebrates One-Year Launch
2014-10-10T02:06:39.000+02:00
Forex Magnates’ “Meet The Experts” celebrates its one-year launch today, capping off what has been a productive and dynamic year.
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Trending
GAIN Capital Partners with Spotware, Interactive Brokers Talks Growth
2014-10-10T02:05:14.000+02:00
A variety of executive shakeups continued to revamp the FX and Binary Options industry.
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See more
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