Author Archives: Michael Greenberg

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

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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.
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FXCM Reports Record Retail Trading Volume in June 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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Gain Capital reports positive April 2013 results, institutional volume at all time high

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

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

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

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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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Alpari Russia withdraws from KROUFR

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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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Gerard Melia moves from IG Group to Think Investment Solutions

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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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Malcom Clark leaves Bloomberg to focus on new ventures

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

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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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Digital Currencies

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Startups & New products

Perianne Boring, Founder, Chamber of Digital Commerce

Bitcoin Picks: Negative Feedback to BitLicenses and Is Dogecoin Doomed?

Last week’s bitcoin news was headlined by an announcement from the New York Department of Financial Securities (NYDFS) that it had created proposed guidelines for...

Bitcoin Technical Analysis (BTC/USD): Prices Just Above $560 Support After Falling Below $600

Prices of bitcoin continue to fall today after breaking below the $600 barrier on Thursday.  Before Thursday’s move, prices had been in a tight range...

Kinsta Announces Bitcoin Accepted for WordPress Hosting

WordPress became the most widely known company at the end of 2012 when it announced that it would accept bitcoins for payments of WordPress.com upgrades....

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bart

Marketing: A Luxury Or Necessity?

When volumes are down, a lot of brokers stop spending on marketing. It makes some sense because when volumes are down, volatility is down, however...

mark

EMIR Q&A – Necessity Or Tool For Clarification?

Legislation would be even more verbose if it needed to include all of the practical advice, which firms need to develop an implementation plan. The...

rob

Is it Ethical to Make Trading Profits from Violence Around the World?

Yes, it’s fine. Right now, we’re facing renewed tensions in Palestine/Israel, and a new Cold War sits out there like a pending order in the...

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New Product Spotlight

Copy Trading Update: Tradency Integrates Mirror Trader with cTrader

cTrader continues its expansion into the copy trading space as only a few weeks after Myfxbook, Tradency comes to the fray, with full integration of the platform into its Mirror Trader social trading solution.
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ig labs api

IG Opens API to Public Development, Launches IG Labs

IG Group has been busy today as earlier they released the Full Year financial results to the public. Following the earlier news, they are also now launching IG Labs live today. IG Labs is a developer portal providing access to …
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