CySEC regulated Orbex has released an infographic showing a timeline of the anatomy of the CHF shock of last month when the Swissy was depegged from the 1.20 Euro floor. The collapse of the EUR/CHF cap caused a massive appreciation spike in the Franc which disrupted the FX trading and investment industry looking towards the…
Read moreUS citizen Walter Michaelson has filed a lawsuit against UBS in a federal court in Florida, which has led to an investigation by the US Department of Justice, which is examining whether UBS traders deliberately overcharged investors such as Mr. Michaelson by carrying out the currency trades needed to execute its V10 Enhanced FX Carry Strategy, with Mr Michaelson claiming that he did not ask for this complex product which lost him $100,000
Read moreLondon-based Alex Maslin joins CMC Markets as Institutional Sales Manager as the latest executive appointment in his 6 year career in the FX industry
Read moreThe Foreign Exchange Professionals Association (FXPA) held elections last Friday, February 10th for it's first permanent Board of Directors and Officers. The new FXPA Executive Committee includes: Chair Eric Busay, Portfolio Manager, CalPERS; Vice Chair Adam Cooper, Senior Managing Director and Chief Legal Officer of Citadel LLC; Treasurer Sean Tully, Senior Managing Director, Financial and…
Read moreSubsequent to the release of virtual hosting for MetaTrader 4 in October last year, MetaQuotes has now announced the introduction of virtual hosting to its MetaTrader 5 platform
Read moreChinese virtual currency exchange BTER has suspended operations and withdrawals in the aftermath of a hack which has resulted in $1.75 million worth of Bitcoins being stolen
Read moreLeapRate is keeping you up to date with all of the latest regulatory developments across the globe, with a piece of positive news coming from Russia these days. About a month and a half after Vladimir Putin signed the Forex law, the actual work on implementing all of the new rules has begun. On February…
Read moreIn addition to the £2.2 million paid to Travers Smith, Lord Grabiner was paid £401,000 for his efforts, whilst Adam Rushworth, an Essex Court junior who supported him was remunerated £106,000. US legal and consultancy firm Huron Legal was paid £107,115
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