The Dubai Gold & Commodities Exchange (DGCX) recorded a robust start to the year, with a total of 1,176,111 contracts traded in January, an increase of 22% over December 2014. The metals segment was the main driver of volume growth, growing 24% month-on-month with 55,661 contracts traded. DGCX’s flagship product, Gold Futures led the growth,…
Read moreThe Swiss Financial Market Supervisory Authority FINMA has opened a consultation on the draft revised version of the FINMA Anti-Money Laundering Ordinance. The revised ordinance reflects both the revised Anti-Money Laundering Act of 12 December 2014 and the revised Financial Action Task Force recommendations. The revised ordinance also includes insights gained from supervisory practice and…
Read moreAlpari Russia is having issues with illicit use of the “PAMM account” trademark, it became clear today, as the retail Forex broker published an open letter to Forex Trend, warning the company to stop using the well-known designation for its services. In the open letter Alpari stresses that the PAMM methodology was developed by its…
Read moreBMFN CEO Luis Sanchez, along with two senior colleagues, in a candid discussion with LeapRate's Andrew Saks-McLeod at the FXIC conference in Mexico City, elaborates on his firm's five year presence in Mexico, and what brokers should consider when approaching Latin America
Read moreCFH Head of Prime Brokerage and Clearing Solutions Nick Mortimer, CEO of Divisa Capital Mushegh Tovmasyan and BMFN VP of Service and Support Bernardo Martinez discuss the future of execution models, risk management, and relationships with prime brokerages and liquidity providers, whilst debating the A and B book conundrum at this year's FXIC Latin America conference in Mexico City today
Read moreLuis Marino of IPG Securities joined BelforFX executive Manfred Wagner, IKON Group's Mario Saudino, and Luis Sanchez, CEO of BMFN to discuss the intricate dynamics of the FX market in Latin America, the IB structure, how to manage and operate, and how to develop continental client base, live from today's FXIC conference in Mexico City
Read moreEntering 2015 on a high note, GAIN Capital's retail FX volumes increased to $279.6 billion in January, an 18.4% rise compared with December 2014, whilst the firm experienced an 11.2% increase in institutional trading activity which stood at $451.1 billion in January 2015
Read moreLatest round of Forex volatility proves fruitful for Digital Vega's options platform as FX option trading increasingly migrates to electronic trading channels
Read moreMichael Spencer, Group Chief Executive Officer of ICAP said: “After a challenging first half, we have witnessed welcome signs of improved market activity in a number of areas, notably in FX..."
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