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North Korea to ban forex:
North Korea will ban the use of foreign currency from New Year’s Day in another move to reassert the communist regime’s control over the economy, South Korean officials and analysts said Thursday.
A government official, speaking on condition of anonymity, confirmed a report of the ban carried by China’s Xinhua news agency [...]

Looks like Global Investor Services, Inc. have hit a jackpot – it appears the company managed to score a huge distribution agreement with Questrade – a large stocks, options and forex broker.
I have seen many companies trying to score such an agreement with retail Forex broker, I believe all of them failed so far. I [...]

FXOpen, the first company to offer MT4 ECN trading solution is now offering this solution to potential White Label partners or even as a stand-alone solution. FXOpen’s innovation was later followed by MB Trading which also introduced its own MT4 ECN however FXOpen has managed to introduce both PAMM accounts and decimal lot trading which [...]

ForexYard, a fairly large Middle East broker, has just announced that it launched a Forex trading iPhone application.
It seems that the iPhone Forex trading market is becoming red hot with several Forex brokers and news providers lately introducing various types of iPhone Forex apps.
FXCM made its DailyFX portal available through iPhone and so did GFT, through [...]

To those who don’t remember: Crown Forex S.A. was a forex broker based in Switzerland. On 29/05/2009 FINMA closed Crown Forex S.A because of potential liquidity problems. FINMA is investigating the company and its executives.
A month later we learned that there was another scandal associated with this broker – a Twin Cities fund manager [...]

Alpari (US), LLC, a regulated Foreign Exchange company and global provider of online Forex trading announced today that it has launched the institutional trading platform, Alpari Direct Pro, powered by Currenex Technology®, a recognized and award-winning leader in the provision of innovative trading solutions to the active-trading segment of the Forex market.
New York (Vocus/PRWEB ) [...]

London 21 December, 2009 – FXCM has upgraded its trading station to offer Dynamic Trailing Stops. This exciting new feature allows traders to place a stop order that automatically optimizes to lock in potential profits if the market should move in the trader’s favor.
Dynamic Trailing Stops are accurate down to 1/10 of a pip and [...]

National Futures Association (NFA) has barred James C. Morton from acting as a principal of an NFA Member for a period of five years and also ordered him to pay a fine of $10,000 in the event that he reapplies for NFA membership or associate membership. Morton was a principal of GlobeFX Club Inc. (GlobeFX), [...]

National Futures Association (NFA) has permanently barred Wholesale Asset Management LLC (Wholesale Asset Management) and its sole principal and associated person, Jared D. Coad, from NFA membership. Wholesale Asset Management is a Commodity Trading Advisor located in Scottsdale, Arizona. The Decision, issued by NFA’s Business Conduct Committee, is based on an NFA Complaint filed in [...]

Icap last night announced a $25m (£15.5m) settlement with America’s Securities & Exchange Commission to see off charges that it displayed fake trades to encourage activity by customers. News of the settlement was released late yesterday after the UK stockmarket, on which Icap is listed, had closed. The settlement brings a four-year investigation – that had threatened [...]