Another opportunity for the UK to solidify its position as the European financial center As a coalition of 11 Euro Zone member countries is struggling to introduce a new levy on financial products transactions and it is becoming increasingly clear that the division on the issue is more widespread than originally thought. While The Netherlands, UK, Sweden…
Read more51% of account logins at the leading Canadian brokerage are coming from mobile devices Leading Canadian pioneering brokerage Oanda has announced last week the Chinese localization of its mobile trading platform fxTrade Mobile across iOS and Android. The platform is already established as one of the best in the mobile trading space providing an intuitive…
Read moreThe company will hold seminars in Shanghai and Beijing to further expand its presence in mainland China Leading broker technology provider Leverate has issued a press release outlining recent developments for the company on the Chinese market. Leverate’s Head of Marketing Remy Rosenbaum states that since the opening of the firm’s office in Hong Kong…
Read morePost Silk Road closure rebound levels are the new normal… at least on the Japanese exchange Yesterday’s vague statement by Mt Gox that has fully discouraged Bitcoin traders on the Japanese exchange has triggered somewhat of a capitulation on the Bitcoin market. Prices have tanked just above post Silk Road closure levels around $91.50 and…
Read moreFX liquidity aggregator FXOne and a binary options platform have already tested the company’s offering Last April a team of 11 engineers, alongside with Jacob Loveless have parted with their former employer Cantor Fitzgerald to form a new enterprise – Lucera. The team was responsible for the high-frequency trading division at the private investment bank…
Read moreVeruus Wealth Management registration suspended, Arista LLC and Abdul Walji are next According to a CFTC press release the regulator has revoked registration of Colorado-based forex company Veruus Wealth Management LLC as it confirmed that the company engaged in civil theft and conversion of investments in a managed forex trading account. A Denver court has…
Read moreThe goal: more profitable traders and increased revenue per client Leading Ireland-based forex broker AvaTrade, a member of LeapRate's list of approved FX firms, has announced the launch of its new website www.hushtrade.com. The project is aiming to introduce educational content for existing and novice traders related to the various quirks of the financial markets.…
Read moreThe regulatory action comes as the company failed to maintain adequate capital and tried to cover it up New York based independent introducing brokerage iFinix Futures is in trouble after the latest press release by the US CFTC details that the regulator is looking to suspend the firm’s license. The company has already been fined…
Read moreFCA unlikely to go public with its investigation findings before 2015 The Royal Bank of Scotland has announced the suspension of yet another forex trader and unsurprisingly, it is most likely related to the ongoing 4 pm fix investigation. The FX fixings scandal that has engulfed the forex market in recent months is taking another…
Read moreFraudsters solicited $2.3 million for forex trading from 11 individuals The CFTC has issued a press release detailing their latest enforcement action against Ron Earl McCullough and David Christopher Mayhew. The complaint filed by the regulator alleges that both have fraudulently solicited about $2.3 million from 11 investors and have subsequently misappropriated $1.6 million of…
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