FXCM Asia Limited, the Hong Kong-based subsidiary of FXCM Holdings LLC, has sent its clients emails, informing them of changes to their client agreements. The changes concern the sensitive issue of negative account balance protection: according to the revision, clients of the Forex broker will be made fully responsible for any debit balances on their…
Read moreEarlier today it became clear that Andrey Dashin, chairman of the Board of Directors of Alpari RU, has completed the deal for getting intellectual ownership rights over the brand. This means that he now has the intellectual property rights for the trademarks Alpari, the domain names, with these ownership rights spanning over 60 countries. The latter…
Read moreIntercontinental Exchange Inc (NYSE:ICE), a major network of exchanges and clearing houses, has reported a set of robust financial figures for the fourth quarter and full year 2014, with profits and revenues rising. The fresh data, released today, add to the positive message delivered by ICE yesterday when it reported some steady results in terms…
Read moreClients of retail Forex broker OANDA which trade on the firm's proprietary fxTrade platform will be happy to know that they can now make use of the FX Blue Publisher application and account sync service. The product, which is still in its beta version and works only on demo accounts for OANDA fxTrade, enables traders to post…
Read moreThe Financial Conduct Authority (FCA), the UK watchdog responsible for the supervision of investment companies, earlier today issued its official stance on the situation at Liquid Markets, the broker that stopped operations in the aftermath of Black Thursday. While the bulk of the information that the regulator provides in this FAQ-like announcement may seem trivial…
Read moreLiquid Markets, the UK Forex broker that was forced to halt operations in the aftermath of the events on “Black Thursday”, has just announced the appointment of special administrators from Baker Tilly Restructuring and Recovery LLP. Matthew Haw, Graham Bushby and Matthew Wild will act as Joint Special Administrators of the Forex broker under an order…
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR) has earlier today reported its operating metrics for January 2015, one of the most dynamic months in the history of Forex. Markets have been eager to know the data, as Interactive Brokers has been amid the companies to quantify the impact of the Swiss franc rise on “Black Thursday”, with…
Read moreRussian retail Forex traders are broadly unsupportive of the leverage cap of 1:50, outlined in the Forex law, a recent survey has shown. In December 2014, Russia's "Centre for Regulation in OTC Financial Instruments and Technologies" (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum…
Read moreAs one of the most hectic months in the history of Forex draws to a close, LeapRate has decided to remind everyone that today witnesses an important change in the US regulations for funding of retail Forex and futures accounts. As of today – January 31, 2015, the ban on funding the accounts of retail…
Read moreA landmark legal prosecution concluded today in the UK, as Alex Hope and his accomplice in investment fraudulent activities Raj Von Badlo (also known as Raj Shastri), were both sentenced to prison. Alex Hope will spend the next seven years in prison, the harshest punishment imposed following prosecution by the Financial Conduct Authority (FCA) or…
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