The administrators from KPMG, who have been in charge of Alpari UK after the FX broker filed for insolvency less than two weeks ago, today issued a rather disappointing update for the clients of troubled company. In the announcement, dated January 30, 2015, the administrators say they are still in the process of analysing the…
Read moreChina's CITIC has agreed to buy Li Zhi Da's 60% stake in KVB. Next - an offer for the public shareholders.
Read moreAlpari has emerged as the leader in the Russian retail Forex market in 2014, according to the latest comprehensive study provided by Interfax-CEA. The broker has managed to win the first place amid all retail Forex companies active in the Russian market both in terms of clients and in terms of volumes. According to the…
Read moreThe Financial Futures Association of Japan (FFAJ) has joined the lineup of regulators to have quantified the impact “Black Thursday” events have had on the national financial industry. The matter is sensitive for Japan, a historical fortress for Forex trading. We saw some troublesome developments in the Land of the Rising Sun over the past…
Read moreAfter close communication with the FCA, it was determined the only step forward for FX provider Liquid Markets is to cease carrying on any business that involves the carrying on of any regulated activities.
Read moreMonex Group, Inc. (TYO:8698), the international group of Forex brokers, earlier today announced the financial metrics for the third quarter of its fiscal year. The three months until the end of December 2014 saw a drastic turn in the group's fortunes, as the corporate income swung back into black, following a gloomy second quarter marked…
Read moreRussia's Forex broker Alpari has earlier today unveiled a new functionality for its platform for binary options trading OptionTrader. Clients of the broker who are fans of these instruments will be able to make use of One Сlick Trading, a function known to many from the traditional Forex trading. The new feature is set to…
Read moreMarkets are now looking at Interactive Brokers (NASDAQ GS: IBKR), the Greenwich-based online trading group, which today released its financial and operating metrics for the final quarter and full year 2014. After the US group reported a drop in revenues and profits in the third quarter of 2014, with market making weighing on the fortunes…
Read moreCustomers of Alpari UK, the retail Forex broker that has just entered administration, can now make use of detailed information on the matter provided by the Financial Conduct Authority (FCA). Earlier today the UK financial watchdog published a FAQ section, addressed at Alpari UK's clients many of whom are now puzzled about what to do,…
Read moreFinland has been in the European Union since 1995 but only recently has it become one of the countries to offer licenses to Forex brokers at a national level. Amid the first to apply for such a license was FinFX, a retail Forex broker, which is well known outside of Finland too, thanks to the…
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