CFTC monthly November data show a further 4% decline in client assets held by US forex brokers. (Over-) regulation continues to take its toll in the US retail FX business. CFTC's just-released November data showed continued erosion of assets held by US retail FX traders at their brokers. This wasn't a case of clients migrating…
Read moreOverall, FXCM retail volumes were up 14% and institutional volumes 72% (!!) in 2013. Leading retail forex broker FXCM closed the books on a very strong 2013 with (not unexpectedly) weaker December volumes metrics. Seasonally slow December came in at $272 billion retail volumes (down 12% from November) and $146 billion institutional volumes (down 24%).…
Read moreAlpari Russia binary options traders can now tailor their own expiry times Alpari Russia has issued a brief press release outlining the introduction of a new feature for its binary options trading module. The technology provider of the Russian arm of the major forex brokerage has made available a fresh addition to its platform by…
Read moreWarning includes RBOptions, 24options.com, GOoptions.com and TradeRush.com Binary options brokerages are coming under scrutiny under one of the ten Canadian regulators as the British Colombia Securities Commission (BCSC) has issued a warning to investors about binary options trading platforms. The particular firm under the crosshair of the regulator is called RBOptions and claims to be…
Read moreTaylor will focus on research after keeping FX Concepts’ newsletter and ‘research process’ As most of our readers know, the foreign exchange markets are a very tough and sometimes unforgiving industry. Partly this is what makes it very hard to quit too – it took John Taylor, founder of one of the biggest currency hedge…
Read moreThe central government wants a piece (or rather, a big chunk) of the reserve currency pie Over the weekend China’s forex regulator State Administration of Foreign Exchange said in a statement that acceleration of the Renminbi convertibility is one of the major goals for authorities. With the Shanghai Free Trade Zone being the test bed…
Read moreApparently the company failed to provide evidence of professional qualifications of the main shareholder as the law requires Last Friday the CySEC has issued a statement clarifying that it has rejected the application of ShortOption for a CIF license due to a questionable shareholder within Stardor Limited, which is the company behind the binary options…
Read moreBarclays Margin FX clients being encouraged to move to FXCM. LeapRate Exclusive: LeapRate has learned that UK bank Barclays (LON:BARC, NYSE:BCS) has decided to shut down its retail / margin FX business, Barclays Margin FX. Barclays has operated its margin FX business as a white label of FXCM, with FXCM winning Barclay's business back in…
Read moreMonthly declines are attributed to the holidays break and subdued volatility in most FX markets GAIN Capital Holdings (NYSE:GCAP) has just released a press release about its December volume metrics and we are observing some consolidation following last month’s record institutional numbers. Not a big surprise considering that the rest of the big players are reporting…
Read moreThe company has never been regulated under the jurisdiction and doesn’t claim to be In its usual vague tone the Cypriot regulator has added another name to the list of binary options companies it issued a warning against. The brokerage is LBinary.com and according to the website the company operating it - Live Binary Ltd…
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