The National Futures Association has ordered lower leverage for U.S FDMs including retail forex brokers in Swiss Franc, Swedish krona and Norwegian krone. These increases are effective as of 5 p.m. (CST) on January 22, 2015.
Read moreDavid Puth, CEO of FX settlement company CLS said overall global trading volumes after the Swiss National Bank's move last Thursday reached $9.2 trillion, almost doubling the average turnover of around $5.3 trillion.
Read moreA number of law firms specializing in securities class action lawsuits are 'investigating FXCM' and searching for FXCM shareholders to hire them.
Read moreFXCM believes, at this time, there is a high level of uncertainty in the currency markets that could destabilize markets throughout 2015, therefore has increased margin requirements globally on FX instruments, as well as gold in overseas jurisdictions
Read moreThe Wolf of Wall Street's poor relation? British fraudster Daniel Burgoyne solicited clients for investments in alternative commodities but blew £56,000 of client funds on nouveau-riche lifestyle trappings including champagne, Swiss watches, cigars and a convertible performance car. He was caught after showing off his sudden wealth via social media sites
Read moreHaving won the hearts and minds of the mainstream, San Francisco based Bitcoin technology company Coinbase has attracted $75 million in Series C funding from large financial veterans, including NYSE
Read moreOn 22nd January, 2015 in connection with the European Central bank meeting, margin requirements for Alpari RU standard.mt4, ecn.mt4, pro.mt4 and pamm.mt4 accounts can be increased by up to 5 times on 22 instruments
Read moreIs this the end of Swiss commitment to purchasing Euro? FXTM Chief Market Analyst Jameel Ahmad looks in that direction
Read moreIn the aftermath of the market volatility last Thursday as a result of the Swiss National Bank's removal of the 1.20 floor on EURCHF, the NFA is looking to amend its rulings on leverage
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