The following post is based on research from Arnaud Masset, Market Analyst at Swissquote Group Holding SA (SWX:SQN). For more of Arnaud's research see Swissquote Research. The Swiss National Bank reported a profit of CHF 1.2 billion for the first half of 2017, compared to CHF 7.9 billion for the first quarter. The sharp appreciation of the…
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Retail forex broker FXCM Inc. (NASDAQ:FXCM) has announced for the quarter ended September 30, 2016, U.S. GAAP trading revenue from continuing operations was $57.8 million, compared to $56.2 million for the quarter ended September 30, 2015. U.S. GAAP net loss attributable to FXCM Inc. from continuing operations was $35.8 million (including a $27.0 million net…
Read more... and this is not going to stop.
Read moreThere is no happy piece of news for ex-clients of New Zealand Forex broker LQD Markets Limited, which was placed into liquidation shortly after Liquid Markets UK halted its operations following the steep Swiss franc spike on January 15, 2015. The joint liquidators of the New Zealand broker have just published their six-month report – for…
Read moreThe following commentary on the monetary policy decision by the European Central Bank is courtesy of Laurent Bakhtiari, Market Analyst at IG Switzerland. [divide] As suggested in our previous comment, the ECB decreased its main refinancing rate to 0.00%. However, the ECB did not decide to act solely on this rate, it also cut the…
Read moreThe company reported a net loss of DKK 484.6 million ($73.3 million) for the first half of 2015, reflecting the impact of the snap decision of the SNB on January 15, 2015.
Read moreWindsor Brokers, one of the inaugural pioneers of the Cyprus FX industry, has produced a comprehensive report on its capitalization, ending 2014 at 44%, which is nearly 10% higher than in 2013, and currently five times the minimum required by law and a Tier 1 Equity 19.4% higher than last year
Read moreThe EUR managed to recover some losses against the USD and CHF this morning, with the move attributed to an overnight intervention by the Swiss National Bank.
Read moreThe latest victim of the snap SNB decision from January 15, 2015, is Russia-focused Forex broker RVD Markets.
Read moreEntering her tenth year in the FX industry which spans companies including CMC Markets, London Capital Group and Alpari UK, marketing executive Hannah Hill has joined eToro to head the company's global branding
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