Category: News

May 28, 2013 BY Gerald Segal

PFSOFT integrates ACTIV Financial market data

ACTIV's European market data with integrate with PFSOFT's Protrader Multi-Asset Trading Platform. Data provider ACTIV Financial has announced that trading platform company PFSOFT will now offer ACTIV's European equities, options and futures market data through PFSOFT's multi-asset trading platform, Protrader. PFSOFT's move comes as brokers increasingly look to broaden their electronic trading capabilities beyond FX…

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May 27, 2013 BY Gerald Segal

Bitcoin world dealt another blow as Liberty Reserve shut down

Payment processor Liberty Mutual owner Arthur Budovsky arrested in Spain in a money laundering investigation. Things keep getting murkier in Bitcoin land. After the US government froze a mobile payments account associated with leading Bitcoin exchange Mt. Gox, and the CFTC indicated it is looking at regulating Bitcoin trading, now comes word that payment processor Liberty Mutual has been shut down,…

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May 24, 2013 BY Gerald Segal

Westpac takes Broadway Technology platform for FX

Australia's leading commercial banks outsources FX trading platform across its global franchise. US-based technology provider Broadway Technology has announced that the latest client for its FX platform is Australia's Westpac. Broadway cited its expectation that currency flows (and trading) in AUD and NZD pairs will increase five-fold over the next three years, as a reason…

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May 23, 2013 BY Gerald Segal

Ariel Communications targets Asia FX clients with IFIS

IFIS will provide Ariel Communications with localized product development, project management and on-site second line support. Ariel Communications, a full service, bespoke software development house whose main product is Ariel iTrade – a complete multi-asset FX, CFD and Financial Spread Betting trading platform – has announced that it has entered into a distribution agreement with Singapore-based financial…

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May 22, 2013 BY Gerald Segal

China increasing Forex investments to keep the Yuan in check

China opens a new US Forex office to diversify away from US Treasuries. One of they key themes we've been following lately has been China relaxing its rules governing Forex movements and trading, which has been a key catalyst behind the rapid growth of retail FX trading among Chinese retail FX traders. (We even posited…

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May 22, 2013 BY Gerald Segal

FxPro introduces Quant EAs, and new MT4 webtrader

FxPro IT people have a busy week, and introduce two significant trading technology upgrades. FxPro, a member of LeapRate's Approved List of global regulated FX brokers, separately introduced this week two upgrades to their portfolio of trading tools for clients: FxPro Quant — a new tool, which enables traders to develop and build their own Expert Advisors…

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May 21, 2013 BY Gerald Segal

ZuluTrade deal with Institutional Liquidity adds.... liquidity

Institutional Liquidity is the 'unknown' US-based, NFA-regulated retail FX broker. Autotrading platform provider Zulutrade announced a 'partnership' with Institutional Liquidity, an NFA-regulated broker, to "bring B2B level liquidity and services to retail customers". Institutional Liquidity shows up technically as a regulated retail FX broker in the US, holding formally about $12 million of US retail client…

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May 21, 2013 BY Gerald Segal

Saxo TV, coming to a channel near you

Forex brokers increasingly distributing content (FX research, education, training) via video. Saxo Bank, a member of LeapRate's Approved List of global regulated FX brokers, announced today the launch of Saxo TV. Saxo Bank has hired an all-star team of three to be the face of Saxo TV -- led by former Bloomberg TV News anchor…

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May 21, 2013 BY Gerald Segal

IronFX has a new promotion – free Vegas trip

Is splashing Las Vegas across your home page the right kind of promotion for a serious retail FX broker? The past while -- as retail FX trading volumes have heated up again in 2013, as has competition in the industry -- we've been noticing new and innovative marketing campaigns by FX brokers, looking to give…

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May 21, 2013 BY Gerald Segal

Big get bigger, small get smaller in US Retail FX in March

CFTC March data shows US Retail FX is becoming more concentrated among largest six FX brokers. U.S. Retail Forex assets data for March is now out, courtesy of the CFTC, and it shows a few interesting things -- all leading to the conclusion that the US Retail FX industry is becoming increasingly concentrated -- and the…

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