Francesc Riverola's Blog – April 2011 Archive (70)

FXstreet Launches Portuguese Site

Hi everyone


I'm delighted to announce here today the launching of the Portuguese version of

The language offering of now includes English, Spanish, Chinese Simplified, Japanese, Arabic, Russian, French, Italian, Indonesian, German and Portuguese.




Added by Francesc Riverola on April 29, 2011 at 9:11am — No Comments

Beginners Corner To Offer First Weekly Webinar For Forex Newbies Tomorrow With Valeria Bednarik

Hi everyone

As I already announced here, we launched a few days ago the Beginners Corner, a place built for all the newbies in the Forex Market and on With this page, we hope beginners traders won't get lost in this world.

Besides the pre-recorded ABC videos and a list of recommended to-dos, the BC includes…


Added by Francesc Riverola on April 28, 2011 at 1:55pm — No Comments

Barça Wins Semi-Finals First Leg Against Madrid... Once Again Someone Can Not Admit His Own Failures

Barça won 0-2 vs. Madrid in the first leg of European Champions League Semi-final yesterday night in Madrid.

As always, Madrid's coach cried cried and cried blaming the referee and everyone of their defeat but himself.




There still is a second leg to play and Madrid has an extraordinary team that can beat any team in the world, but…


Added by Francesc Riverola on April 28, 2011 at 8:30am — No Comments

Forex Fraud - NFA Takes Enforcement Action Against Fin FX LLC And Its Principal

NFA takes emergency enforcement action against Texas Commodity Trading Advisor FIN FX LLC and its principal
April 26, Chicago - National Futures Association (NFA) announced today that it has taken an emergency enforcement action against FIN FX LLC (FINFX) and its principal, Leon L. Wolmarans. FINFX is a Commodity Trading Advisor located in Carrolton, Texas.

Added by Francesc Riverola on April 28, 2011 at 8:24am — No Comments

OptionsXpress Prepares To Enter Into Retail Forex

OptionsXpress Plans Retail Foreign Exchange Offering


OptionsXpress Holdings Inc. (OXPS) is developing a new currency-trading offering that will give the derivatives-focused online brokerage an entry point to the $313 billion per day retail foreign exchange market.

The move makes the Chicago-based firm the latest major retail… Continue

Added by Francesc Riverola on April 28, 2011 at 8:21am — No Comments

Forex Magnates Releases A Must Read Quarterly Retail Forex Industry Report

Hi everyone


To celebrate the second anniversary of Forex Magnates, Michael Greenberg is releasing what it probably become the key report for knowing who is who in the Retail Forex Industry.

I've had the opportunity to read it already and I recommend it to everyone interested in knowing this industry in detail.

A read publication for any participant of the Retail Forex industry.

Well done Michael!





Added by Francesc Riverola on April 27, 2011 at 8:11am — No Comments

CitiFX Expands Into New Markets To Gain The Market Share Left By dbFX

Just a few days after Deutsche Bank announcing  that they are withdrawing from Retail Forex and Citi makes a move to consolidate to fill in the vacancy and become the major "sole" interbank broker in the retail industry, with the permission of Barclays that has not make any significant move since its launching yet.

The announcement of Citi expanding into new markets is then a logical step, taken first to make sure that everyone gets that they are here to be an important actor and…


Added by Francesc Riverola on April 26, 2011 at 7:30pm — 1 Comment

US Visits To Grow 25% and Australia 50% in April 2011

Hi everyone


After a few months of languishing as a consequence of a mix of tighter regulation, economic difficulties and market consolidation, it seems that the US market is once again gaining steam as we can see from comparing our traffic stats from April 1st to 25th vs. same period last year.


The US market grew an outstanding 26 percent from 249k visits to 314k, while Australia showed the most spectacular growth  to post an unprecedent 50 percent growth from…


Added by Francesc Riverola on April 26, 2011 at 11:38am — No Comments

March 2011 Traffic Stats - FXstreet Network Breaks 10M Page Views

Hi everyone


If it had not been for the huge earthquake in Japan, followed by a devastating tsunami and culminated by the nuclear disaster of Fuckushima, I would be now a happy man after breaking for the first time ever the 10 million page views mark... but the truth is that I'm not.


Apologies also for the delay in publishing the numbers for March, but I was not really interested in them as I knew Japan's tragedy had had a big impact in…


Added by Francesc Riverola on April 26, 2011 at 9:44am — No Comments Launches a Forex Beginners Corner To Learn The ABC Of Forex Trading

Hi everyone


If you have visited home you have already probably noticed this announcement:


We are happy to present you the BEGINNERS CORNER!

The first educational section in FXstreet with the ABC to…


Added by Francesc Riverola on April 22, 2011 at 11:43am — 2 Comments

High-Speed Trading Growing Fast Into Forex Trading Business, WSJ Reports

High-Speed Traders Dive Into Foreign Exchange Despite Doubts


NEW YORK -(Dow Jones)- In a quiet office in suburban Greenwich, Conn., 45 minutes from bustling Wall Street, a little-known firm called Timber Hill LLC is trying to grab a bigger share of the world's… Continue

Added by Francesc Riverola on April 22, 2011 at 9:42am — No Comments

dbFX Sale Day After - Deutsche Bank Rathers To Sell Before Pouring More Money Into A Tiny Business

Deutsche Bank To Sell Retail FX Platform To Gain Capital

By Chana R. Schoenberger and Drew FitzGerald Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--The world's largest foreign-exchange bank, Deutsche Bank AG (DB, DBK.XE), agreed to sell its retail foreign-exchange trading unit to Gain Capital Holdings Inc. (GCAP) for an undisclosed sum. The move allows Deutsche Bank to… Continue

Added by Francesc Riverola on April 22, 2011 at 9:33am — No Comments

Real's Sergio Ramos drops Copa del Rey under bus... He is the Man!

Sergio Ramos... He is known for his lack of.... well you can imagine it with his last one.. just read:

After beating Barcelona in the Copa del Rey final, Real Madrid players partied on the streets of the Spanish capital on an open-top bus and players took it in turns to show-off the trophy. But the excitement got the better of defender Sergio Ramos. As he balanced the giant piece of silverware on his head, he lost his grip and accidentally dropped the cup beneath the…


Added by Francesc Riverola on April 21, 2011 at 6:00pm — No Comments

Retail Forex Consolidation In Western Countries While New Players Coming In The Middle East

ADS Securities... This is the first time I heard about them but something is telling me that it won't be the last.

Any feed-back about them?


ADS Securities Named 'Fastest Newcomer' at Middle East Forex Awards 2011

ABU DHABI: 21 April 2011 - ADS Securities, the leading Abu Dhabi-based brokerage and trade services provider, was named the "Fastest… Continue

Added by Francesc Riverola on April 21, 2011 at 5:39pm — No Comments

Institutional Forex Keeps Expanding - Knight Capital To Triple Its Forex Activities In Coming Years

Knight Capital Aims To Build Its Muscle In Trading Currencies


Knight Capital Group Inc. (KCG) intends to double or triple its currency-trading activities in the coming years as the company pushes further into foreign exchange and derivatives markets, according to its chief executive.

Knight intends to add staff and beef up… Continue

Added by Francesc Riverola on April 21, 2011 at 5:30pm — No Comments

While Deutsche Bank Sales Its Retail Forex Division... Japan Monex Group Buys TradeStation

busy day today...

Got started with this: Deutsche Bank Sells Forex Retail Division dbFX to Gain Capital

And now TradeStation acquisition by Monex Group.. What's next?


Is this our homework for the Easter break?


TradeStation to be acquired by…


Added by Francesc Riverola on April 21, 2011 at 5:04pm — No Comments

Deutsche Bank Sells Forex Retail Division dbFX to Gain Capital

A couple of months ago I was told by an industry member that some dbFX people in the US were looking for a job as they were about to be acquired. My believe back then was that dbFX would probably sell US operations and withdraw from the US as others have done in the last few months due new regulation requirements, but to surprise to me dbFX has sold the whole thing to Gain Capital.


The move raises questions about what many of us believed - among them myself -…


Added by Francesc Riverola on April 21, 2011 at 4:28pm — No Comments

Women In Forex - Interviews with Jane Foley and Triffany Hammond at FX Trader Magazine

Hi all,

As you might remember, our Women in Forex series of interview is being published in the FX Trader Magazine, winner of the Forex Best Awards 2011 in the "Best Magazine" category.

In every issue, two interviews are featured. This month, for the April-June issue, Jane Foley and Triffany Hammond are the two women that talk about their career in trading and their perceptions of the Forex world.

You… Continue

Added by Francesc Riverola on April 21, 2011 at 10:46am — 1 Comment

Congratulations to the Winner Real Madrid... See You Next week in Champions

Hi everyone


As you know I'm a BIG FC Barcelona fan but I must recognize that Madrid played very well yesterday in King's Cup final and they deserved to win as much as Barça.


Congratulations to the winner... but next week in Champions things will be different :)





Added by Francesc Riverola on April 21, 2011 at 9:25am — 2 Comments

Saxo Bank Soon To Be Sold

Saxo Bank may soon be sold

By Business,dk

U.S. equity funds are ready to pay five billion dollars for a third of Saxo Bank, but if price is right, the whole bank be sold before… Continue

Added by Francesc Riverola on April 20, 2011 at 9:15am — No Comments

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