March 26, 2015 BY Andrew Saks-McLeod
FxPro slashes commission on futures by 30%
Following the reduction of commission by 30% on market execution accounts, FxPro has followed suit with futures products
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March 26, 2015 BY Andrew Saks-McLeod
Three Gain Capital executives sell further stock in the firm
General Counsel Diego Rotsztain, Chief Financial Officer Jason Emerson and Chief Marketing Officer Samantha Roady have all sold further shares in Gain Capital on March 25
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March 26, 2015 BY Maria Nikolova
Blackwell Global introduces new prime of prime offering
Blackwell Global, the Cyprus-based company which has been providing various brokerage solutions since 2010, today reiterated its commitment to cutting-edge Forex services via a duo-launch aimed at institutional clients. The newly launched Blackwell Prime Solutions, accompanied by an award-winning institutional platform, the Blackwell Trader Pro, provides enhanced liquidity and highly efficient trading opportunities to institutional…
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March 26, 2015 BY Mike Fox
Alpari UK (in special administration) completes sale of client data to ETX Capital
BREAKING: Richard Heis, Joint Special Administrator of the Company and partner at KPMG, commented: “Following substantial initial interest in the Alpari (UK) client list, we are pleased to have now concluded a sale, as we continue to work to seek ways to maximise the level and speed of return to clients and creditors in accordance with our statutory duties.”
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March 26, 2015 BY Maria Nikolova
Russian Forex experts discuss problems related to nominee accounts
Russia's Forex law is a newborn piece of legislation, which was signed by Vladimir Putin not that long ago – in the end of December 2014. Since then, the actual work on implementing the law has started and this involves developing relevant subordinate legislation, a process that is at least as cumbersome and complex as the…
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March 26, 2015 BY Mike Fox
BitPay partners with NETELLER merchants for Bitcoin integration
This makes Optimal Payments one of the first major financial institutions to facilitate digital currency transactions on a global scale.
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March 26, 2015 BY Maria Nikolova
Cypriot regulator imposes EUR 10,000 fine on WGM Services
Cyprus Securities and Exchange Commission (CySEC) today announced its decision to impose an administrative penalty on WGM Services Ltd, a investment firm that owns binary options brand EZTrader and forex broker EZInvest. The administrative measure consists of a EUR 10,000 fine. The regulator said the penalty reflected the fact that WGM Services' websites www.ezinvest.com and…
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March 26, 2015 BY Maria Nikolova
Deutsche Bank takes its stake in Plus500 below reportable threshold
Another transaction with shares in Plus500 Ltd (LON:PLUS), the CFD broker, was announced today. A filing with the London Stock Exchange shows that investment banking giant Deutsche Bank AG (FRA:DBK) has taken its shareholding in Plus500 below reportable threshold. The transaction took place on March 18, 2015. The latest change in Deutsche Bank's holding in…
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March 26, 2015 BY Maria Nikolova
London Capital Group shares rise 11% after results on positive outlook
London Capital Group Holdings plc (LON:LCG), the provider of spread betting and CFD trading services, saw its shares rise 11% after reporting its final financial metrics for 2014. The 2014 results themselves were far from strong, showing a drop in profits and revenues, but markets were obviously disregarding these and focusing on the 2015 forecast by…
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