Leading forex broker Exness is pleased to announce that its UK entity, Exness Europe Limited, has received regulatory approval from the Financial Conduct Authority (FCA), under Register number 730729. With its newly acquired FCA license, Exness, an international broker whose main client base is currently in Asia, the Middle East, and Africa, is set on…
Read moreContinuing the slow month of August FX volumes trend we have seen from a number of both retail and institutional eFX platforms, interdealer broker ICAP plc (LON:IAP) has reported that Forex volumes at its EBS subsidiary were down 17.5% MoM from July’s $83 billion to average $68.4 billion per day in August. This now marks the…
Read moreFXCM Inc. (NYSE:FXCM), a global online provider of forex trading, Contract for Difference (CFD), and related services, announces today the launch of the Forex Market Depth Indicator exclusively for its flagship Trading Station platform. The Forex Market Depth Indicator allows FXCM clients to see up to five levels of liquidity and depth for 17 of the…
Read moreLeapRate caught up with the CEO of NZ based Forex broker FXPIG Kevin Murcko, discussing the industry from his point of view and how he runs his brokerage, which you can read all about in the following Q and A. Kevin is one of the most transparent CEO's in the Forex Industry you will ever…
Read moreMarkets operator Deutsche Borse has announced that its Deutsche Börse Venture Network will launch its Venture Match service at the end of September. Venture Match will facilitate financing rounds involving investors and growth companies. The service will leverage the Venture Network platform launched in June 2015, which currently connects just under 200 international investors with more…
Read moreMatching volume declines we have seen across the board at leading Retail and Institutional eFX platforms in what seems to be a very slow summer trading season, Denmark-based multi-asset broker Saxo Bank has reported that August volumes came in at $221 billion, or $9.6 billion per trading day during the month. The $221 billion figure was…
Read moreGTX, the institutional foreign exchange trading arm of Gain Capital Holdings Inc (NYSE:GCAP), announced today it has hired Eduard Poltavsky as Director, e-FX Sales. Poltavsky specializes in Russian ruble and other eastern European currency pairs. Before joining GTX, Poltavsky was Director of FX Sales at the Hotspot FX unit of Bats Global Markets Inc (BATS:BATS). This marks…
Read moreEurope based brokerage Admiral Markets has announced an update to their CFD offering on indices of the world's largest exchanges, as follows: decreasing spreads and margin rates, expanding the list of instruments, adding special features, such as extended trading hours and fixed in-hour spreads. Also an improvement in the offering, Admiral Markets is offering the…
Read moreThe FCA warning follows a similar warning issued against CMS in February in Canada.
Read moreThere are quite a lot of parallel between the Forex sector and other heavily regulated industries. And that includes how they go about marketing in jurisdictions where marketing is either not formally allowed, or is heavily restricted. What can Forex brokers do in these situations? What lessons are there to be learned from other regulated…
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