Could be a great 2014 for CME Group, if a Greenwich Associates study is right According to a research paper by US strategic financial consulting firm Greenwich Associates, we are in for some changes to the structure which comprises the bulk of the foreign exchange market. Trading activity will shift to the futures markets and…
Read moreThe fraudster is found guilty of misappropriation, case against his company Financial Robotics continues It is a frequent occurrence in our LeapRate Forex Fraud Watch series to cover hefty misappropriations, but it’s a rarity to see a single investor entrust a rather big chunk of money to a fraudulent solicitor. That’s precisely what happened in…
Read moreRaaflaub oversaw the requirement of Swiss Forex brokers to receive a bank license, reshaping the industry. Switzerland's financial regulator FINMA has announced that its longtime CEO Patrick Raaflaub has resigned, and will be replaced on an interim basis by FINMA Deputy CEO Mark Branson. FINMA's Board of Directors has initiated a formal search for a new…
Read moreTotal volumes for last year higher by 17% over 2012 Volume metrics during the last month of the year at KCG Hotspot have remained somewhat subdued when compared to November’s release, however that shouldn't be a big surprise considering the broad industry slowdown during the holiday month, especially when it comes to institutional volumes. Overall…
Read moreThe access to the resource is free and it can be used by brokers and clients to settle transaction disputes Californian forex technology company Integral Development has now officially launched its earlier unveiled product aiming to bring more transparency to the forex market. While we haven’t tried the service yet, it can be a very…
Read morePlatform features are fully available for Japanese retail investors with a downloadable version The Japanese subsidiary of Monex Group, Inc. has released a press release announcing the launch of its own TradeStation platform for Japanese retail investors. Up until now it was available only to their clients of US based TradeStation Securities and TradeStation Technologies…
Read moreInternal investigation is suspecting benchmark manipulation of Argentinian Peso rates Deutsche Bank is the latest amongst heavyweight players in the foreign exchange industry that is parting with a trader on suspicion that benchmark forex rates have been manipulated. Sources close to the German daily newspaper die Welt have reported that the currency trader worked in…
Read moreNew World Holdings destroyed business records and failed to diligently supervise employees Chicago based introducing broker New World Holdings (NWH) has been imposed a fine by the US Commodity Futures trading commission as it failed to keep proper records of its customers and neglected employee supervision. The monetary penalty amounts to $50,000 while the court…
Read moreWe need a payment systems revolution and Bitcoin is part of the solution, Paypal could be jumping on the bandwagon Forget about copycats that are trying to take away the crown of Bitcoin amongst digital currencies – forget about the satiric ambitions of Dogecoin (yes, really...) and the daring Coinye (formerly Coinye West...). If you…
Read moreReal-time technical analysis to assist customers to make more and better trading decisions It has been less than a month since leading forex technology provider Leverate has introduced its advanced charting functionality for their Sirix platform. Now we are getting another feature that might get the interest of many existing and new clients of the…
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