December 05, 2014 BY Andrew Saks-McLeod
December 05, 2014 BY Andrew Saks-McLeod
Moscow Exchange opens up to overseas FX clearing members
From December 1, appropriately regulated FX Market brokers are able to become General Clearing Members on Moscow Exchange's FX market.
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December 05, 2014 BY Andrew Saks-McLeod
Pepperstone launches MetaTrader 4 for Apple Mac OSX
Australian FX company Pepperstone has introduced a native Mac OSX compatible version of MetaTrader 4, thus eliminating the need for Windows emulators, whilst appealing to users of EAs in the APAC region
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December 05, 2014 BY Andrew Saks-McLeod
Former Moody's analyst and associate guilty of insider trading of CFDs
Daniel Joffe and Nathan Stromer admit that 10 and 14 November 2006 inside information was received relating to a proposed takeover of AIH by Alinta Limited, with one party passing it to the other who acquired 962,000 CFDs in AIH.
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December 04, 2014 BY Andrew Saks-McLeod
NFA CEO Dan Roth details regulatory position on credit card deposit ban
"Forex and futures markets are both high-risk and volatile, and individuals who wish to participate should use only risk capital to fund their accounts. Allowing customers to fund accounts with credit cards encourages them to trade with borrowed money." - Dan Roth, President and CEO, NFA
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December 04, 2014 BY Mike Fox
FXCM director Eric LeGoff cashes in his FXCM shares for 2014, nets over $165k
FXCM (NYSE:FXCM) director Mr. Eric LeGoff, who has been a director at FXCM since 2010 and was appointed to the Board of Directors in connection with the IPO has sold 10,000 shares of his FXCM stock according to a filing with the SEC today. According to company website, Mr. LeGoff is co-founder, president and COO…
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December 04, 2014 BY Andrew Saks-McLeod
ICAP to combine EBS and BrokerTec businesses
Michael Spencer, ICAP Group Chief Executive, will become Chairman of EBS-BrokerTec. Gil Mandelzis, founder of Traiana and current CEO of EBS, will become CEO of the new EBS-BrokerTec business
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December 04, 2014 BY Andrew Saks-McLeod
CFTC sends Paul Greenwood to jail for $1.3 billion fraud
North American commodity pool operator Paul Greenwood's fraudulent scheme had such high value that the receiver’s efforts to marshal assets to date have resulted in the recovery of over $900 million dollars, with the perpetrator facing 10 years in jail
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December 04, 2014 BY Andrew Saks-McLeod
New version of Russia's FX bill released, capital and software rules remain controversial
Further bureaucracy has been completed by the Russian government in the latest release of the Forex bill, with leverage being suggested at 1:50 and the previously proposed aspect of brokers having to own their own technology having been removed
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December 04, 2014 BY Andrew Saks-McLeod
Trading Central creates comprehensive trading app for X Open Hub platform
X Open Hub and Trading Central have entered into a strategic partnership to offer a combination of TC Feed, TC Indicator and XOH trading capabilities in one application.
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