Four years after banning Gold trading floors, Vietnam similarly bans Forex trading floors Since the realization by a large number of FX firms that there was a land of opportunity in the Far East, substantial volume has been generated among the retail participants from what has now become an established network of introducing brokers and…
Read moreThe upcoming New Zealand registered brokerage maintains its solid drive Volume numbers at New Zealand registered and CySEC regulated upcoming brokerage have dipped slightly lower in February by 7% to $140.8 million. When compared to recently reporting companies, this seems to be a rather negligible drop, especially when put in context to the month of…
Read moreOpening of MIG Capital Asia Limited comes more than a year after we reported MIG opening a Hong Kong rep office. Leading Swiss Retail FX brokerage MIG BANK, a member of LeapRate's Approved List of global regulated FX brokers, announced that it has formally launched its Hong Kong subsidiary, MIG Capital Asia Limited, and a new office…
Read moreExpansion of Yuan trading range band should increase Yuan volatility, and bring out more Chinese retail FX traders. China is a hot and much-sought after market for retail FX brokers (part of the reason we posited for the FXCM-Gain acquisition) -- and it is likely to heat up even more. Bloomberg News has reported, quoting UBS…
Read moreLeverate hires ex Saxo Bank and FXCM exec to head Asia. Forex software platform provider Leverate announced today that it is opening a Hong Kong office next month, to be headed by ex Saxo Bank and FXCM exec Arthur Le. (Note that Saxo Bank is an investor in Leverate). Leverate's Sirix social platform has been…
Read moreLeading Australian Forex firm AxiTrader crosses $50B-per-month threshold.
Read moreAlpari U.S. to provide liquidity to top-5 Korean FX firm.
Read moreLeading Australian Forex firm AxiTrader crosses $50B-per-month threshold.
Read moreAsia expansion continues for Europe's leading Forex brokerage firms.
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