Tag: Australia FX brokers

February 05, 2013 BY Gerald Segal

CFTC sues Australia's Halifax Investment Services

Claims Halifax has taken U.S. retail FX traders – the CFTC wants penalties, and wants trades undone. The CFTC has filed a complaint (in the U.S. District Court for the Northern District of Illinois) against Australia's Halifax Investment Services, claiming that the Australian broker has solicited U.S. retail FX clients, and has taken on U.S. clients.  The CFTC wants monetary…

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January 16, 2013 BY Gerald Segal

New Australian FX firm IFM gets ASIC license

Focus to be on assisted and automated trading for retail clients. Australia's financial regulator ASIC has granted a license to newly-formed FX and CFDs brokerage Intelligent Financial Markets (or "IFM"). IFM is beginning operations this month as an ECN / STP broker, with a focus on assisted trading and expert-driven automated trading, all using its own…

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April 26, 2012 BY Gerald Segal

Australia FX report issued by Investment Trends

Research firm Investment Trends issued a detailed report on the Australian Forex and CFD market (see text of theire news release below). Among the key findings were that Australia is already a larger FX market, relative to the country's size, than most other countries, yet the prospects for growth are still high. The report also…

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