Forex Industry News

Mark Slade buys 200,000 LCG shares for about $114,000, to hold about 0.5% of the company.

Follows ASIC review of City Index Australia involving weaknesses in handling client money.

City Index was apparently the last to withdraw from takeover talks.

City Index, owner of FX Solutions, is the latest major FX firm to abandon the U.S.

Cantor Fitzgerald, Gain Capital (Forex.com), and City Index have made "preliminary approaches" to LCG.

Forex brokerages enhancing info flow to clients.

Aims to establish standards for those offering retail CFD trading.

FSA unable to sell WorldSpreads, will return cash to clients.

FSA and KPMG have teams in on the weekend.