Blog Archives

The Forex Magnates Awards Dilemma: If, How and Who. A 300 GBP Question

Posted on October 15, 2013
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Our yearly London Summit is just one month away, and with it comes the annual awards debate. Since we receive massive feedback on the matter, we’ve decided to share our thoughts and opinions with you.

Posted in Brokers

FXCM Reports Record Retail Trading Volume in June 2013

Posted on July 16, 2013
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Along with most of the industry FXCM too has been reporting record trading volume almost every month and June 2013 was no different with another retail forex volume record broken, FXCM reaching $396 billion mark.

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Posted in Brokers

Gain Capital reports positive April 2013 results, institutional volume at all time high

Posted on May 17, 2013
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Gain Capital continued the positive trend of retail and institutional forex brokers reporting peak volumes since the start of 2013. Client assets are nearing half a billion dollars while institutional volumes are at all time high.

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Posted in Brokers

Hotspot FX posts 12% gain in volume in April 2013, gap between retail and institutional brokers narrows

Posted on May 14, 2013
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Hotspot FX was back growing in April 2013 while leading retail forex brokerages were getting closer and even above some of the institutional broker volume levels showing that gap between retail and institutional broking is narrowing.

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Posted in Breaking News, Brokers, Electronic Trading

Exclusive: OANDA Appoints Global Mobile Banking Head Citibank as New Head of Singapore

Posted on May 2, 2013
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Management changes at OANDA continue with the appointment of Rajesh Yohannan as the new Managing Director & CEO, OANDA Asia Pacific, to be based in Singapore. Previously this position was manned by K Duker who then went ahead to become the global

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Posted in Brokers, Executive Moves

Paxton Powers, VP Technology at Interbank FX, leaves the company to join former CIO

Posted on May 2, 2013
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  Paxton Powers is moving to company called Domo (not forex related) to join former Interbank FX CIO Daren Thayne who is now Domo’s CTO.

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Posted in Executive Moves

Alpari Russia withdraws from KROUFR

Posted on April 30, 2013
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Alpari Russia has just officially announced that it withdrew its KROUFR membership, one of the Russian forex market’s Self Regulatory Organizations (SRO). This comes 10 years from the establishment of this organization. We were pessimistic back then about the prospects of such association as

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Posted in Brokers

Gerard Melia moves from IG Group to Think Investment Solutions

Posted on April 11, 2013
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Gerard Melia was Institutional Sales & Relationship Manager at IG Group since 2011 and recently left to be appointed as Head of Client Services & Delivery at Think Investment Solutions. We wrote about the company a while ago: Think IS’ HQ allows brokers

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Posted in Executive Moves

Malcom Clark leaves Bloomberg to focus on new ventures

Posted on April 10, 2013
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Malcolm was CEE Sales and Business Development and covered financial markets from the London office together with Mark Durrant. Malcom will now be focusing on: The Blades aerobatic display Team, comprising 4 ex-Red Arrow pilots, is the world’s first globally-accredited aerobatic airline

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Posted in Executive Moves

CFTC Puts an End to Forex Global Solutions (Barry Sendach, and Joshua Kershner) Fraud Making Them Pay $750,000

Posted on April 9, 2013
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Forex Global Solutions managed by Barry Sendach and Joshua Kerschner for the past few years was marketing, and in my case harassing, to scores of people trying to force them into investing with them. Finally CFTC put an end to

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Posted in Regulation