Brokers

Swissquote reports results for 2011 – net profit up 48.5%, forex volume down in Q4

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In November 2011 Swissquote continued its see healthy growth in its results. Swissquote fulled merged ACM operationally and into its books and as expected it fuels its growth. Swissquote’s eForex numbers are up on all parameters. Swissquote’s volume is up …
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Cease Trade Order Issued Against UFX Bank, Mike Lane and Amy Walsh

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February 23, 2012 – Saskatchewan Financial Services Commission (SFSC) issued a Cease Trade Order on February 22, 2012, against UFX Bank, Mike Lane and Amy Walsh. SFSC has information that UFX Bank and the individuals named, through their website www.ufxbank.com, …
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Swissquote bank integrates ACM on new website

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Switzerland leading FX bank has enhanced its website to highlight its retail brokerage acquisition ACM Markets. ACM Markets was a leader in retail FX with international offices. The Swiss banking laws made room for Swissquote Bank to acquire ACM. Switzerland’s …
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Metaquotes and CitiFX Pro integration – an interview, Citi to launch TradeStream offering

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Metaquotes recently integrated its MT5 platform with CitiFX Pro meaning that now MT5 brokers would be able to easily plug into Citi’s liquidity (pending an agreement with Citi of course) and it was a good chance to catch up with …
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Direct FX Announces the Acquisition of ODL Australia and Other Major Developments

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If anyone needs any more affirmation that the Australian forex market is booming then this announcement by Direct FX that they are launching in Australia after acquiring ODL Australia’s license should suffice. ODL went through the licensing process and were awarded …
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E*TRADE to white label FXCM’s Trading Station II platform, enters retail forex market

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In another major sign that traditional broker dealers such as TradeStation and OptionsXpress are entering the forex space, E*Trade just announced a similar step by white labelling FXCM‘s Trading Station II platform. MF Global and dbFX were the biggest white labels of …
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Overview of the Chinese forex market

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China has a relatively long history in forex compared to many developing markets and regions, especially when considering the mighty BRIC nations. However, the regulators have not made the exact regulations clear on the status of margin FX as a tradable asset class for …
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Saxo Bank showcases forex mobile trading Anytime, Anywhere through a BASE jump

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BASE jumping, also sometimes written as B.A.S.E jumping, is an activity that employs an initially packed parachute to jump from fixed objects. “BASE” is an acronym that stands for four categories of fixed objects from which one can jump: buildings, …
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IG’s New Insight – Trade with Information at your finger tips

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IG Markets the worlds largest spread betting firm have launched their brand new research service for CFD and spread betting traders. The group established for over 35 years have been pioneers in derivatives trading for retail clients and have now made …
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The increase of Margin level and its effects on FX market in Korea

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On December 1st, Korea Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced drastic measures on the FX margin product for the purpose of leading a sound investment environment in the retail sector. The main point is to discourage individual trading …
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