If you were thinking into attending New York's FXIC on March 20th 2013, here you have some last call information for you.
Next week on March 20th FXIC 2013 will take place in NYC. Over 300 industry professionals have confirmed their attendance including 60+ buy side hedge funds. Keynote speakers will include Jim Trott, the former Chief Dealer at…Continue
Added by Francesc Riverola on March 13, 2013 at 12:51pm — No Comments
Interesting read for those in the retail FX industry... it does not say anything we did not already know but it is good to get a confirmation...
The 2013 Integral Retail Forex Survey
2012 was a tough year for the majority of retail FX brokers, so we asked what they thought would be the biggest opportunities and challenges for them in 2013.
Added by Francesc Riverola on February 20, 2013 at 4:15pm — No Comments
Our friends over at Shift Forex are hosting a global FX event for industry professionals and executives on March 20th in NYC. Keynote speaker is Jim Trott, the former Chief Dealer at the Bank of England. Other notables are C-Level executives from FXCM, GAIN Capital, FX Concepts, TradeStation and Traiana. If…Continue
Added by Francesc Riverola on February 6, 2013 at 10:27am — No Comments
I must take my hatt off before Gal Ron and Michael Greenberg. Gal Ron is Conversionpros.com CEO and co-founder, organizer of the very succesful Google @ iFXEXPO Forex B2B Expo that took place last May in Cyprus, while Michael Greenberg is the CEO and Founder of ForexMagnates.com, organizer of the greatest London Summit that took place in London a few weeks ago. They have now partnered to bring us the iFXExpo Asia, that will take place in Macau at the end of January 2013.
My people was…Continue
No good news at all.... :(
Q3 2012 US forex traders profitability report: number of US accounts keeps plummeting, CitiFX Pro on topby Michael Greenberg at Forex Magnates
Despite the less than volatile Q3 2012 the number of accounts didn’t grow as expected and neither did the…
CFTC Orders Interactive Brokers LLC, a Registered Futures Commission Merchant, to Pay $700,000 for Large Trader Reporting and Supervision Violations
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against Interactive Brokers LLC (Interactive), a futures commission merchant based in Greenwich, Conn., for filing…
Added by Francesc Riverola on July 26, 2012 at 7:04am — No Comments
OANDA appoints Tim Smart as CFO
OANDA Corporation has appointed Tim Smart as Chief Financial Officer. This appointment was part of the planned management transition that occurred in May 2012. Reporting to OANDA’s CEO K Duker, Tim is part of the executive team responsible for setting the company’s strategic direction and measuring results to ensure growth targets are achieved.
Tim has more than 20 years of experience in corporate finance, planning, and reporting, as…
Added by Francesc Riverola on July 16, 2012 at 9:35pm — No Comments
FXCM Reports Monthly Metrics
NEW YORK, NY, July 16, 2012 – FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for June 2012 for its retail and institutional foreign exchange business. Monthly activities included:
Retail Trading Metrics
· Retail customer trading volume(1) of $317 billion in June 2012, 4% higher than May 2012 and flat with June 2011. Volume from indirect sources was 44% of total…
Added by Francesc Riverola on July 16, 2012 at 9:31pm — No Comments
NFA shuts PFG down, puts it in liquidation only status, founder attempted a suicide
by Michael Greenberg at Forex Magnates
Another MF Global incident may be looming in the horizon. PFG Best just released this dramatic statement to its clients:
“Due to a recent emergency involving Russell R. Wasendorf, Sr., a suicide…
Added by Francesc Riverola on July 9, 2012 at 9:27pm — No Comments
Today FxPro has completed the move to agency model in all their jurisdictions (not just UK) and in both cTrader ECN and MT4... very interesting move guys!
FxPro Group Announces Move to Agency Model - A No Conflict Model
London, 9 July 2012: FxPro Group Ltd (FxPro), a leading global forex broker…
Added by Francesc Riverola on July 9, 2012 at 1:30pm — No Comments
FX Trading-System Boom Fuels Liquidity Concerns
By EVA SZALAY at Dow Jones
In the engine rooms of the foreign-exchange market, it's back to 2001.
New trading systems with big ambitions are springing up at the fastest clip in a decade. The aim: to reset the ways that banks trade with each other, and with the fast-growing high-speed FX traders that…
Added by Francesc Riverola on July 6, 2012 at 8:03pm — No Comments
a promising market indeed...
Retail FX Trading in Turkey Gets Boost from Unconventional Source
By Joe Parkinson and Yeliz Candemir at Dow Jones
ISTANBUL-In the rough-and-tumble world of Turkey's currency markets, foreign-exchange brokers are hailing an unusual boost to the bottom line: government…
Added by Francesc Riverola on July 6, 2012 at 1:55pm — No Comments
Once again, MahiFX.com doing a great job with infographics.... this company has brought fresh air to the Retail Forex industry with its informal way of doing things but at the same time extremely modern design.... this infographic shows different kind of trading styles and talks about a famous trader for each style covered .... as I said.... refreshing.
Charles-Henri Sabet, founder of Synthesis Bank and acquired by Saxo Bank, is now leading this new Retail Forex Broker and he knows the industry extremely good, so be prepared to hear more about this firm: JFX.com.
JFX.com‐ Jiffix Markets Ltd. In Cyprus strengthens its capital base and its Board of Directors.
Charles‐Henri Sabet, the founder of Synthesis Bank Geneva, at the…
Added by Francesc Riverola on June 28, 2012 at 5:30pm — No Comments
FxPro Announces a Major Development in its Global Operations
London, 25th June 2012: FxPro Financial Services Ltd (FxPro), a leading FX broker today announced a major development in its global business– FxPro UK Ltd is now open for business and will be operating an agency model.
FxPro UK Ltd’s clients will benefit from a true no-dealing desk…
Added by Francesc Riverola on June 25, 2012 at 6:09pm — No Comments
FXCM Leads The Way In Forex
by Max G at SeekingAlpha
Forex refers to the market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world. The market is open 24 hours a day and currencies are traded worldwide. When…
Added by Francesc Riverola on June 21, 2012 at 8:50am — No Comments
is this true?
HSBC Teams Up With Oanda To Launch Retail Margin FX Trading In Hong Kong
HSBC Holdings PLC (HBC) said Monday it has entered into a strategic relationship with Oanda Corp., an online currency-trading platform, to…
Added by Francesc Riverola on April 23, 2012 at 3:53pm — No Comments
Japanese Retail FX Update: Life After Leverage Reduction
by Javier Paz at Trade-IQ
Trading activity in the Japanese retail FX market remains remarkably resilient despite two rounds of leverage reduction. The estimated US$ 71 billion in daily trading volume of December 2011 is just shy of the US$75 billion daily volume seen three years earlier.…
Added by Francesc Riverola on February 27, 2012 at 2:44pm — No Comments
MahiFX Unveils New FX Trading Platform at City of London Launch
MahiFX vision, values, technology and functionality combine to offer retail FX investors enhanced trading experience.
LONDON, ENGLAND – MahiFX, the new proprietary-built foreign exchange (FX) trading platform, was officially unveiled at a launch held on the 2nd February at…
Added by Francesc Riverola on February 9, 2012 at 6:35pm — No Comments
Retail FX Traders Going Mobile In Droves
By Erin McCarthy Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)--There's a long-standing rule in Jared Johnson's household: no smartphones, iPads or foreign-exchange trading at the dinner table.
Johnson, an Indianapolis-based financial services broker who trades currencies on the side, is one of a rapidly growing number of retail…
Added by Francesc Riverola on January 30, 2012 at 12:31pm — No Comments