Succumbing to the requirement of appealing to international clients, British electronic trading firm goes the MetaTrader 4 route, following in the footsteps of peers IG Group and ETX Capital
Read moreVelocimetrics' business performance solution provides independent monitoring of City Index’s equities price production infrastructure and market data quality
Read moreMr. Velenski has left his position of Managing Director at City Index Israel...
Read moreFCA-registered multi-asset electronic trading firm City Index embraces social trading as British authorities prepare to classify such systems as investment managers Social trading and copy trading networks gained extensive attention from all participants in the retail trading field last year, mainly due to their established presence and proven means of engaging customers and improving lifetime…
Read moreRegular explanatory seminars for prospective clients held at City Index Israel generates 50 to 70% acquisition rate and encourages long lifetime value A great deal of consideration is given toward the most effective method of attracting clients and maintaining their loyalty within retail FX companies, a factor which is critical due to not only the…
Read moreUK spreadbetting brokers look to expand into traditional retail Forex trading. Just two weeks after we reported that IG Group -- with its newly-branded and launched website IG.com -- had announced plans to launch MT4 trading for its clients later this summer, comes news that its UK spreadbetting rival City Index has beaten IG to…
Read moreMark Slade buys 200,000 LCG shares for about $114,000, to hold about 0.5% of the company. It wasn't a very large investment in terms of total cost, but with new London Capital Group CEO Mark Slade reporting that he was buying shares, investors on the LSE followed and bid up LCG's share price by 6%…
Read moreFollows ASIC review of City Index Australia involving weaknesses in handling client money. Australia's financial regulator ASIC has announced that it is requiring City Index Australia to appoint an independent expert to review its business and develop a plan to rectify certain deficiencies. The independent expert will report regularly directly to ASIC for the next 18…
Read moreCity Index was apparently the last to withdraw from takeover talks. UK financial spreadbetting firm London Capital Group (or "LCG") announced today that it is no longer holding active talks with other parties regarding a takeover of the company. Previously, on February 12, LCG had stated that it had received approaches from several firms including…
Read moreCity Index, owner of FX Solutions, is the latest major FX firm to abandon the U.S. It should come as no surprise to those who follow our blog, or the FX industry generally, that yet another international FX firm has decided that their capital is better deployed somewhere other than the U.S. After recently seeing…
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