Shift Forex hires FxPro and CMC Markets vet Wayne Roworth to head Liquidity Services office in London
Shift Forex makes the big announcement about a London presence in advance of its FXIC New York conference Friday.
Read moreReuters survey says...Renminbi sees first bullish bets in four months
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
Read moreUS Retail FX client assets drop to multi-year lows
CFTC data reveals that US Retail FX traders held less than $600M at regulated US brokers in April - their lowest level since records began being published in 2009
Read moreUnderpaid? Ex-Goldman Sachs trader sues former employer over $8.25 million bonus
Deeb Salem claims his bonus for 2010 should have been $13 million, and has engaged in an extensive lawsuit against Goldman Sachs with a total arbitration claim of $16 million.
Read moreEuronext spins off from ICE in $1.2 Billion IPO
Now independent, Euronext is continental Europe’s biggest exchange in terms of the capitalization of the firms listed on it.
Read moreAustralia jails ponzi scheme operators who promised high interest to investors
In a crime and punishment move within the financial industry, Australia's markets based regulator ASIC shows there is 'serious consequences for company directors who act dishonestly' within the jurisdiction. Australia has been attracting some of the best brands in FX and CFD trading, one of the reasons is the perceived safety in clients minds of…
Read moreThe ayondo Group successfully rebrands to focus on social trading
Professional social trading in the UK already holds great promise as it provides an innovative way for clients to invest their capital.
Read moreUtah federal court hands down $44 million in sanctions for fraud and misappropriation
CFTC cites Robert J. Andres of Houston, Texas, his company, Winsome Investment Trust, Robert L. Holloway of San Diego, California, and his company US Ventures LC, in civil monetary penalty of $32,370,000 and restitution for defrauded customers totaling $12 million.
Read moreCySEC Warning: Revokes CIF license from binary broker Cedar Finance
CySEC (Cyprus Securities and Exchange Commission) has dealt a blow to Cedar Finance, a binary option service provider. The official press release is below (translated from Greek to English as best as we can.) In previous announcements dated December 19, 2013 and February 21, 2014, the Commission announces that a meeting of dated June 16,…
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