Hackers, traders allegedly reaped more than $100 million of illegal profits
Day: August 11, 2015
“Customer trading activity in yuan-related currency pairs constitutes an immaterial part of our overall trading volume”, stated GAIN’s CEO Glenn Stevens.
The Forex broker saw monthly trading volumes tumble to their lowest level since February 2015, as the July 2015 result was $181 billion.
The result for July 2015 was $203.3 billion, lagging behind the achievements registered in the preceding three months.
Daily FX Spot volumes averaged humble $101 billion in July 2015, down 6.5% from June 2015, as Thomson Reuters’ Forex electronic platforms saw continued slowdown in trading activity last month.
Corsair Capital and Palamon Capital Partners have agreed to jointly acquire control of Forex and payment solutions provider Currencies Direct.
The average daily volumes of the new Forex futures: USD/CNH and USD/CNT, launched on July 20, 2015, reached 1,058 contracts and 5,787 contracts, respectively.
FXTF is adding Tradency’s new hedge funds automated strategies for its mirror trader service.
The Japanese Forex broker posted operating revenues of JPY 333 million ($2.68 million) in July 2015, down 12% from the result recorded in June 2015.
Great Trade, which shows signs of a high-yield investment program, misuses the data of MahiFX, including the names of the senior management of the Australian retail Forex broker.
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