Interactive Brokers Group, Inc. (NASDAQ:IBKR) on Tuesday reported its financial and operating metrics for the full 2015, with the Swiss franc spike taking its toll on the results of the Electronic Brokerage segment. The company, which is one of the key participants in the US Forex market, said on January 15, 2015, due to the…
Read moreWe haven't gone back to the events from January 15, 2015, recently but a National Futures Association (NFA) complaint against US Forex broker IBFX, part of Monex Group, Inc. (TYO:8698), has just refreshed our memory of that moment and the consequences it had for numerous Forex brokers. In a complaint, dated November 2, 2015, the…
Read moreThe company, which started a bankruptcy procedure in June 2015, says it continues to return client money, with funds in Barclays Bank and payment system Skrill set to be unblocked.
Read moreFrom the 182 CySec regulated investment firms, 158 had no losses from the Swiss Franc move, and of the 24 which suffered losses, no capital adequacy issues were experienced, with CySec reporting a business increase due to problems experienced by firms in other regions
Read moreLeapRate Exclusive... LeapRate has learned that retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) and its Forex.com unit have sent messages to clients (see example below) that they will not be required to repay negative client balances in their accounts. That marks a quick reversal for Forex.com. On Tuesday we reported that Forex.com (as well as…
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