November 11, 2013 BY Gerald Segal

Hong Kong forex broker KVB Kunlun announced Q3 results, revenue down 42% Q/Q

Share prices rally 6.25% on dividend announcement Hong Kong listed medium sized brokerage KVB Kunlun (HKG:8077) has announced that during the third quarter of 2013 it has reported a marked decline in revenue numbers from last quarter. While being in line with the trend observed in the rest of the industry, the revenue numbers have declined a whopping 42% from…

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November 11, 2013 BY Gerald Segal

TradeSlide launches risk manager product – made for traders

The newest part of the platform makes risk management look simple The trading performance tracking website Tradeslide has implemented yet another tool into its powerful analyzing environment – the Tradeslide Risk Manager. The tool is aimed at helping traders keep track of their account equity curve, program certain simulations and in the end obtain better…

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November 11, 2013 BY Gerald Segal

The FT states: The Forex market is designed to encourage crime

Was the 4pm fix mechanism just inviting manipulation by greedy traders and banks? Last week, in an interesting piece called “The forex market is designed to encourage crime” the Financial Times newspaper picked up on an important issue. Written from a forex industry outsider's perspective (the author's first complaint was the 30% spread in buying or…

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November 10, 2013 BY Gerald Segal

iOption shut down?

Various media reports are that binary options broker iOption has shut down and laid off its employees, just days after formally receiving its CySEC CIF license. Israel business newspaper Calcalist has reported today that binary options broker iOption has shut down. The report would not be too unusual -- there simply isn't room for every…

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November 08, 2013 BY Gerald Segal

Swissquote to eliminate old AC Markets website

AC Markets and MIG Bank will soon redirect to Swissquote.com/fx. Leading Swiss forex broker Swissquote has sent a note to clients that it will soon eliminate the www.ac-markets.com website, which it has kept live since its acquisition of rival Swiss broker AC Markets three years ago. As most of Swissquote's eForex business was based on its…

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November 08, 2013 BY Gerald Segal

Ariel Partners with Gold-i to Offer iTrade Risk Suite for MT4

MT4 brokerages are getting an expanded series of platforms that they can use Financial trading software provider Ariel Communications has partnered with Gold-i to offer an integrated solution for MT4 brokers to offer their Ariel ITrade Dealer Suite. This starts an alternative for brokers who now have access to Ariel’s advanced Dealer suite without having…

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November 08, 2013 BY Gerald Segal

LeapRate Meets... interview with forex consulting firm Shift Forex

Shift Forex is hosting the first Latin America forex industry conference in Santiago Chile on December 3. LeapRate Meets is a series of interviews with interesting personalities in the forex world. If you would like to suggest an interviewee or topic, or if you would like to be interviewed, please contact us and provide details.…

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November 08, 2013 BY Gerald Segal

CME Group sees record Metals trading volumes in October

CME's Virtual Steel Mill of risk management products is gaining traction with both commercial and financial participants. CME Group ( NASDAQ:CME ), which runs the world's largest derivatives marketplace, announced it reached monthly volume records during October in multiple ferrous metals contracts -- specifically in U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index futures, and Iron…

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November 08, 2013 BY Gerald Segal

ICAP and Interactive Data Corporation collaborate for OTC data distribution

The alliance will bring more transparency and better liquidity provision in OTC transactions Interdealer broker ICAP (LON:IAP) has just announced that it is teaming up with Interactive Data Corporation, which is a top provider of low latency market data, to form an alliance aiming to ease and provide better access for risk-managers and institutional clients…

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