Almost a year after Cyprus lifted restrictions on domestic deposits, capital control rules relating to international deposits in Cyprus will follow on April 6, signaling the end of the measures taken in March 2013 when Laiki Bank and Bank of Cyprus became insolvent resulting in a depositor bail-in
Read moreThree months after receiving $1.3 million worth of GAIN Capital shares after a series of Restricted Stock Units vested, GAIN Capital Director Christopher Calhoun has sold 25,000 shares, at a cash value of $240,000
Read moreBrokers, traders and regulators are each reexamining the dangers of excessive leverage as the forex industry continues to consolidate and adapt to a new environment.
Read moreRetail Forex broker EXNESS has earlier today published key operating metrics for March 2015, with the month turning out to be the second strongest in the history of the company in terms of Forex volumes, lagging only behind the record highs seen in October 2014. The company, which has its trading metrics audited by independent…
Read moreFXCM Japan Securities Co., Ltd today addressed its customers to officially confirm that it is now a subsidiary of Rakuten Securities, arm of Rakuten Inc (TYO:4755). The announcement said the deal that saw Rakuten Securities pay $62 million to acquire the Japanese operations of US Forex broker FXCM Inc (NYSE:FXCM) was successfully completed on April 1,…
Read moreLeading Japanese online forex broker GMO Click reported March metrics today. Total margin spot FX trading at GMO Click's FX Neo for March 2015 clocked in at $969 billion (¥116 trillion) a 1.95% increase compared to the $962 billion (¥113 trillion) reported in February. The uptick in MoM volumes from February is now being seen across the board across many trading…
Read moreThe US authorities are expecting to gain a criminal conviction against Citigroup for FX rate manipulation
Read moreMonex Group, Inc. (TYO:8698), the Japan-headquartered group of retail FX brokers, has just announced its operating metrics for March 2015, with global Forex volumes recording a double-digit rise against February 2015. Thus, Monex has joined the raft of online trading companies that seem to have benefited from improved volatility in the FX markets in March.…
Read more