January 09, 2014 BY Gerald Segal

Moscow Exchange FX volumes spike to a record RUB 16.9 trillion

 The month of December concludes a record setting year for the Russian forex marketplace The FX market turnover on the Moscow Exchange has staged an impressive rebound to conclude a record setting year in terms of forex volumes. The month of December ended the year deep in the green marking a rise by 37% on…

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January 09, 2014 BY Gerald Segal

Volumes at Thomson Reuters lowest in four years, down 11.5%

FXall marking a smaller, 7% drop in the final month of 2013, concluding a very strong year The next batch of institutional volume numbers is here – Thomson Reuters and subsidiary FXall have announced lower volumes for the final month of 2013. The theme of the last 12 months has been of FXall slowly catching…

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January 08, 2014 BY Gerald Segal

iOption update – CySEC license (finally) revoked, website still up

...however most importantly, it seems as though not all clients of the binary options broker have received their money back. Following up our earlier exclusive story about binary options broker iOption closed down – the real story from November... CySEC has finally, two months after the fact, made an announcement that the CIF license issued to…

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January 08, 2014 BY Gerald Segal

JP Morgan fined $2.6 billion for failing to anticipate Madoff’s Scheme

The megabank adds yet another lawsuit to its growing settlements list The never-ending story of banking industry heavyweights getting hefty fines goes on with yet another twist. First it was the uncovering of mortgage fraud, then the Libor scandal, followed by the London Whale and now we still have an ongoing investigation surrounding the 4pm London…

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January 08, 2014 BY Gerald Segal

FxPro SuperTrader update – 53% of its copy traders profitable

 That’s down from 65% last month, but still better than average Following last month’s coverage we continue to track the performance of FxPro’s in-house social and copy trading platform SuperTrader since its launch back in October. The company is a member of LeapRate’s Approved List of global regulated forex firms and we are keen to inform our readers…

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January 08, 2014 BY Gerald Segal

Monex Group reports December volumes taking off, up 27%

Familiar Japanese Yen volatility theme leads to the best month for the second half of 2013 Monex Group has announced in a press release a substantial rebound in volume metrics, cementing the yen volatility story that we brought up with the release of GMO Click’s numbers yesterday. The company reports volumes rose by 27% over…

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January 07, 2014 BY Gerald Segal

SpotOption brings social trading to binary options

SpotFollow enables social binary trading. One of the top players in the binary options platform space, SpotOption, has announced its latest platform addition that is about to revolutionize the industry with a ground breaking feature. Have you ever thought about binary options social trading? Well thanks to the company, it is about to become a…

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January 07, 2014 BY Gerald Segal

Dukascopy white labels its JForex platform to new UK broker Atom8

Atom8 is bringing JForex unique features both to high-net-worth and institutional investors as well as retail traders interested in an ECN platform Dukascopy Bank has announced a new white label partnership with UK based brokerage Atom8 Financial Services LLP. The brokerage is aiming at providing ECN true services for individual and institutional clients. Liquidity will…

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January 07, 2014 BY Gerald Segal

GMO Click volumes up nicely by 13% in December

With Japanese brokerages, Yen volatility is the theme for volume growth in 2014 The first of the Japanese forex brokerage powerhouses – GMO Click has announced its volume metrics for the final month of 2013 and we are in for a very positive number. During the month of December the company reported volumes out at 59.21…

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