September 07, 2014 BY Andrew Saks-McLeod
September 06, 2014 BY Gerald Segal
CySEC Chairman Demetra Kalogirou hit by mysterious SMS hacker
Apparently someone has it in for CySEC Chairman Demetra Kalogirou. The following announcement went out via CySEC's website on Friday (original in Greek, edited Google Translate follows): The Chairman of the SEC Ms. Demetra Kalogirou complained to Police today, regarding the spreading of malicious phone messages (SMS) which seems to refer to her as the sender. Ms.…
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September 05, 2014 BY Mike Fox
FXCM further transitions away from dealing desk
FX Week is reporting lack of demand and a recent FCA review into best execution has led FXCM to move away from its principal business since August 30th
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September 05, 2014 BY Mike Fox
CME Group shatters four year old FX options volume record yesterday!
CME Group, the world's leading and most diverse derivatives marketplace, announced a record volume trading day for yesterday, September 4th, in its Foreign Exchange options complex. FX options reached $32.4 billion in notional value (231,307 contracts) surpassing the previous record of $26.1 billion (174,941 contracts) set on May 5, 2010. 94% of the options, or…
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September 05, 2014 BY Gerald Segal
FXCM expands in Asia, buying IBFX's MT4 Retail Forex accounts in the US and Australia
Lots of Forex M&A in the news lately. After buying both FXDD's and Alpari's US operations, leading retail forex broker FXCM (NYSE:FXCM) has now closed on a deal to buy IBFX's US and Australia clients. IBFX is a subsidiary of Japan's Monex Group. FXCM will be acquiring approximately $63 million in client equity and 13,000…
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September 05, 2014 BY Gerald Segal
Draghi = Volumes: KCG Hotspot reports its best day in months
We're still in the midst of reporting August FX trading volumes, however in a few weeks we should see a major improvement from the so-far-slow 2014 when September figures roll around. As expected, yesterday's surprise ECB rate cut caused not just a 1%+ drop in the Euro against major currencies, but also engendered a spike…
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September 05, 2014 BY Mike Fox
September 5th Weekly Westpac Foreign Exchange Video News
AUD to struggle to break through the 94 cent mark? Sean Callow, Senior Currency Strategist of Westpac gives us the Aussie dollar's latest forecast
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September 05, 2014 BY Mike Fox
Swissquote Daily Technical Report: EUR/USD hit hard by ECB - what's next?
In Swissquote’s Friday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and USD/JPY. To view and download the entire report, click here (PDF). EUR/USD hit hard by ECB • EUR/USD has crushed its key support at 1.3105 (06/09/2013 low) following…
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September 05, 2014 BY Gerald Segal
LeapRate Exclusive - AxiTrader launches Forextell social trading community
Australia's leading retail forex broker joins the ranks of those offering interactive services to its clients. Phil Horner, Axi's Sales & Marketing Manager, explains.
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September 05, 2014 BY Gerald Segal
Breaking News - ICE to acquire SuperDerivatives for $350 million
Both the Financial Times and Israel business news source Calcalist are reporting this morning that transatlantic exchange and clearing house operator ICE (or IntercontinentalExchange, NYSE:ICE) has agreed in principle to acquire SuperDerivatives, an Israeli-based financial data and analytics provider. SuperDerivatives provides data and analytics on OTC derivatives, but also has a chat platform similar to the one…
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