The Financial Conduct Authority (FCA) considers that automated copy trading constitutes portfolio management and is defined as such under MiFID, therefore subject to regulation on that basis, however following signals and executing trades manually is not categorized as portfolio management
Read more"We will continue to consider the exchange-rate situation in our decisions and intervene in the foreign-exchange market if necessary" - Thomas Jordan, President, Swiss National Bank
Read moreAlex Talei of Price Markets Prime Brokerage UK shares a white paper below regarding the events on the 15th of January caused by the Swiss National Bank (SNB). The drastic move is causing people in the FX industry to think twice about the way they operate. Whether a Broker/Dealer, HFT or individual trader – everyone…
Read moreAxiTrader's Chairman and CEO Goran Drapac has issued a statement confirming that although some of AxiTrader's clients sustained losses greater than the balance of their accounts due to the gap in market pricing, the overall financial impact on AxiTrader has been limited
Read moreRetail FX traders from across the entire spectrum can now choose whichever account they wish from Alpari as the firm prepares to remove all minimum deposit requirements as of January 21
Read moreIt was not 'Black Thursday' for everyone in the Forex industry. In fact, for those companies such as ECNs which make their living solely off of volumes, it was a very good day. Hotspot FX has reported that FX trading volume metrics reached $61.7 billion last Thursday January 15 - its best ever day based…
Read moreLondon's technology-led MTF for FX, LMAX Exchange, establishes liquidity partnership with Z.com Trade, part of GMO Click Holdings
Read moreJapanese FX giant Invast Securities confirms business as usual following the Swiss Franc price volatility last week, and that the company remains well capitalized
Read moreBeing reported is a regulatory filing infringement from the directors of now defunct Global Markets NZ; Owners failed to disclose docs relating to audited financial statements for subsidiaries of foreign companies
Read moreA look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles… Sign up to our Daily Forex Industry Newsletter on the right. → Well, a simple weekly featured post review can not sum up the amount…
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