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Expert Insights
PAMM, LAMM, MAM....Are You Confused?
2014-10-01T02:01:07.000+02:00
There are several money-managing systems available on the FX market. PAMM, LAMM, MAM might all sound similar.
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Regulation
FSB Releases Final Report on FX Benchmarks, WMR Poised to Change?
2014-09-30T12:17:56.000+02:00
The Financial Stability Board (FSB) has released the final and latest version of its report dealing with FX benchmarks, along with supplemented recommendations for notable measures for reform for FX markets.
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Technology
Colt Launches FX Liquidity Access Service Consolidating Industry Nexuses
2014-09-30T10:58:14.000+02:00
Colt Technologies has launched its new FX Liquidity Access Service, which effectively bridges FX market participants from global hubs such as London, New York, and Tokyo.
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Analysis
AxiTrader Adds Hong Kong Dollar Pairs at the Most Geopolitically Opportune Time
2014-09-30T09:12:28.000+02:00
With growing public unrest in Hong Kong gyrating the HK dollar, AxiTrader makes several HKD pairs available to cater for traders looking to take advantage of changing geopolitical trends.
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Executive Moves
Citi’s Global Head of FX, Stephane Knauf Parts Ways with Bank
2014-09-30T07:44:11.000+02:00
Citigroup’s Global Head of FX Services and Products, Stephane Knauf has reportedly parted ways with the banking group, ending a multi year stint as Managing Director in London, where he oversaw CitiFX.
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Expert Insights
Why Are Binary Options Generally Seen in a Negative Light?
2014-09-30T02:01:27.000+02:00
I like to draw parallels to FX when talking about binary options and this is one of those questions where that can be done fairly easily.
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Executive Moves
Stefan Lucas Named Group Head of Marketing at TF Global Markets
2014-09-29T20:56:24.000+02:00
ThinkForex (TF) Global Markets has found itself a new Group Head of Marketing, naming Stefan Lucas as its newest London head, whose main tasks will entail the steering and development of the group’s global marketing ambitions.
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Analysis
UBS Announces Settlement Talks Over Forex Rate Manipulation
2014-09-29T14:31:55.000+02:00
Despite admissions that large banks colluded to manipulate FX rates, regulators are taking the view that it was only "conduct breaches" among rogue individuals rather than "deliberate manipulation" of the FX market.
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Interviews
Hello Markets’ Wassim Khateeb Talks Rebranding, Product Development
2014-09-29T11:16:01.000+02:00
Forex Magnates touched base with Hello Market’s Managing Director, Wassim Khateeb for his exclusive perspective on the firm’s rebranding.
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Executive Moves
Leverate’s Co-Founder Itai Damti Named Managing Director – APAC
2014-09-29T10:54:26.000+02:00
FX technology solutions provider Leverate has announced that the firm’s co-founder and former VP of Products Itai Damti has been relegated to the new role of Managing Director – Asia Pacific (APAC).
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Expert Insights
Recruiting Strategically Through Disruptive Change
2014-09-29T10:15:52.000+02:00
The current FX environment is marked by rapid changes on multiple levels and across diverse industry segments.
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Analysis
With a Healthy Holiday Spirit, easy-forex Dishes up a 61-Course Feast
2014-09-26T10:29:29.000+02:00
Easy-Forex has almost doubled its product range for Australian clients as the broker looks to adjust to changing client preferences and tectonic shifts in the global geo-political arena.
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Trending
Amercanex’s Steve Janjic Talks Cannabis, Coffee Poised to Soar?
2014-09-26T02:03:49.000+02:00
This week has seen a number of developments across the financial field, including the influx of commodities such as gold and coffee.
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Executive Moves
FXone Names Michael Bundy as Its CTO, Chief Architect
2014-09-26T02:01:11.000+02:00
FXone/Seabury Financial Solutions LLC, a subsidiary of Seabury Group, has appointed Michael Bundy as its newest Chief Technology Officer and Chief Architect, helping drive its FX platform’s development.
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Regulation
Key Industry Leaders Launch Foreign Exchange Professionals Association
2014-09-25T16:39:26.000+02:00
The FX industry has reached a precipice amidst regulatory scrutiny worldwide, prompting the coalescence of key industry leading officials to launch the Foreign Exchange Professionals Association (FXPA).
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Regulation
OANDA Joins with Australian CFD Forum in Bid to Promote Transparency
2014-09-25T15:32:08.000+02:00
OANDA, a global provider of FX and contract for difference (CFD) instruments, has announced its inclusion into the Australian CFD Forum, part of an initiative to fortify its regulatory standards.
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Executive Moves
Deutsche Bank Appoints Adam Vos as Head of FX for North America
2014-09-25T11:42:15.000+02:00
Deutsche Bank AG has reshuffled its Fixed Income and Currencies (FIC) executive team in New York, naming Adam Vos as the bank’s newest Head of FX for North America, replacing David Wayne, who is headed to London.
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Analysis
'Armada Markets' Set to Leave Polish Market under a Cloud of Suspicion
2014-09-25T09:12:21.000+02:00
In a further sign of regulatory arbitrage, an unregulated Estonian broker leaves the Polish market to "launch a new company providing a wider range of services". In the Wild Wild West it helps to have a spare horse.
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Executive Moves
Monex, Inc. Taps Ayumi Sato as New General Manager of Client Account Department
2014-09-24T09:03:45.000+02:00
Ayumi Sato, who until the just announced senior personal change served as the company's Executive Director, has now been reassigned as Executive Director, General Manager, Client Account Department.
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Expert Insights
Preventing Premature Stop Losses
2014-09-23T11:05:21.000+02:00
Preventing a premature stop loss is a very common problem to have and in trading whether in short or long term.
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Analysis
b-next Launches Compliance Tool Focusing on Manipulation of Benchmark Fixes
2014-09-22T16:41:31.000+02:00
B-Next launches 'CMC: Benchmark Fixing Analysis' in an attempt to assist financial intermediaries and regulators stamp out market manipulation and abuse in benchmark setting in FX and LIBOR.
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Analysis
Deutsche Bank Sails Safely into Port as Another FX Trader Walks the Plank
2014-09-22T07:27:35.000+02:00
As the FX market attracts increasing amounts of regulatory scrutiny due to manipulation allegations, a Deutsche FX trader is dismissed for misreporting currency trades worth over $5 million.
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Interviews
Amercanex’s Steve Janjic Outlines The Emergent Cannabis Industry
2014-09-22T02:04:01.000+02:00
Steve Janjic, CEO of Amercanex checked in with Forex Magnates for his exclusive perspective about the genesis of Amercanex.
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Executive Moves
Interactive Brokers Group Slated to Reveal Next President, CEO
2014-09-19T17:04:00.000+02:00
Interactive Brokers Group Inc. (IBKR) has finally clarified what investors were hoping for, announcing their new president and CEO to succeed Thomas Peterffy during the Q3 earnings call on October 13, 2014.
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Exchanges
SGX Adds Five New Asian FX Futures Contracts to Existing Offering
2014-09-19T08:15:30.000+02:00
The Singapore Exchange (SGX) is bolstering its existing FX offering by adding a series of new Asian FX futures contracts, including USD/CNH, CNY/USD, USD/JPY, and THB/USD.
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See more
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