September 18, 2013 BY Gerald Segal

MarketsPulse upgrades its CRM for binary options brokers

MarketsPulse CRM v2 now updates sales and retention teams in real-time on more actions traders make. Binary options platform provider MarketsPulse has announced a major upgrade to its Customer Relationship Management (CRM) software package for binary options brokers. The new CRM version now tracks a trader's demo-money and real-money account activity and finances in real-time. This upgrade…

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September 17, 2013 BY Gerald Segal

Gain Capital August forex volumes drop 20%

... however year-on-year Gain Capital's volume metrics remain more than 50% ahead of last year. We should first remind people (after getting many inquiries) that Gain Capital's reported volumes still do not yet include GFT volumes. Gain's announced acquisition of GFT has not yet closed, although it should close at some point before the end…

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September 17, 2013 BY Gerald Segal

BitPay hits 10,000 merchants using its Bitcoin payment services

VC-backed Bitcoin payments solutions company is making tracks to make Bitcoin a 'real' currency. Everyone understands that a currency must be something we actually use to buy things. For a while, the hype surrounding Bitcoin was all about who is investing in it (the Winklevoss twins), and who was making it available to trade (several…

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September 16, 2013 BY Gerald Segal

Gain Capital hires KCG's Jason Emerson as its new CFO

Jason Emerson becomes Gain Capital's third CFO since its IPO in 2010. Forex broker Gain Capital, which operates the retail Forex.com and institutional Gain GTX brands, announced today the hiring of James Emerson as its new CFO. James Emerson was most recently Managing Director and Business Manager of KCG's Global Execution Services division, responsible for…

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September 14, 2013 BY Gerald Segal

SEF licenses approved for State Street, GFI, and MarketAxess

State Street, GFI, and MarketAxess join Tradeweb and Bloomberg as the first SEFs granted. The CFTC has announced the granting of three more SEF licenses to State Street (via subsidiary SwapEx LLC), GFI, and MarketAxess. The three new licensees join Tradeweb Global (which actually received two separate licenses), and Bloomberg, as the only firms to successfully receive…

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September 13, 2013 BY Gerald Segal

Twitter IPO can already be traded – at ETX Capital

UK Spreadbetting company ETX sets up Twitter greymarket with $10.5-$11.5 billion valuation spread. LeapRate Exclusive... Forex and spreadbetting traders are very familiar with the power of social networking, so it is no surprise that Forex brokers are going to harness the popularity surrounding Twitter's just-announced IPO to attract traders. The first? UK spreadbetting firm ETX…

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September 13, 2013 BY Gerald Segal

Alpari sets volume record in August at $280 billion

The majority of Alpari Group's trading volumes come from Russia. So far, August volume metrics reported by both retail forex brokers and institutional forex trading venues seem to be very hit and miss. By that, we mean that some firms are seeing the typical summer-break slowdown in forex trading, while others are (somewhat surprisingly) seeing…

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September 12, 2013 BY Gerald Segal

ForexTime targets Indonesia forex traders with local online payment company

Deal with Forex Online Changer will allow locals to deposit Indonesian Rupiah and trade in US$. Cyprus forex broker ForexTime (also known as FXTM) has announced a deal with local Indonesian online payments company Forex Online Changer, which will allow Indonesian traders to deposit IDR (Indonesian Rupiah) and trade in USD. The service will be commission…

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