Brokers

GFT lets more people go, company’s restructuring

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Back in July we interviewed GFT’s CEO Gary Tilkin who was speaking about navigating his brokerage through turbulent times. Well by all indications the turbulent times are already here  - the industry is suffering from extremely low volumes which directly …
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Barclays Stockbrokers Partners with FXCM for Retail Forex Offering

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FXCM Inc. and Barclays Stockbrokers have joined forces as Barclays launches Barclays Margin FX, a unique retail forex trading offering. The partnership will leverage the expertise of Barclays, with over 300 years of history and expertise in banking as one …
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And the Winner Is.. Forex Magnates Awards, Help Us Decide

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As some of you already know we decided that at our Forex Magnates Summit in London we will be granting awards to top firms in their categories. The main issues we are dealing with of course are – what categories …
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Saxo Bank Officially Opens in Poland

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Saxo Bank, the online trading and investment specialist, today announced the opening of its newest branch in Warsaw. Saxo Bank Poland will provide Polish investors with access to international financial markets by enabling them to trade multiple asset classes across …
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South African FX Immigration Continues, Markets.com Gains FSB License

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In a recent announcement, Markets.com joined the growing list of brokers receiving regulation from South Africa’s Financial Services Board (FSB). The new license for Markets.com (part of Cypriot SafeCap Securities) marks a trend among forex brokers to be fully regulated …
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Leverate Launches Affiliate Marketing Network for Broker Clients

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In an interesting move, Leverate is launching FXPN, an affiliate network for its client brands. FXPN (officially FX Partner Networks) is an affiliate marketing network for Leverate’s broker clients. Marketers using the network will be able to advertise multiple brokerage …
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Estonian FSA warns the public about Armada Markets, NetStock and MyTrade

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Information on Armada Markets AS Finantsinspektsioon (the Estonian Financial Supervisory Authority) would like to inform investors that Armada Markets AS (commercial registry code 12189652) does not hold an activity licence for the provision of investment services and therefore Armada Markets …
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Eye on Latvia: An Interview With Renesource Capital

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Strategically sitting in between Russia, Scandinavia, and Germany, Latvia has historically been a trading hub between the different points. As such, it is no surprise that the country boosts a healthy foreign exchange industry that caters to local and foreign …
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FXCM launches its venture capital division – FXCM Ventures

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Although forex market has a large turnover and is very profitable (most of the time) for forex brokers and technology firms we see little independent innovation, if any. Most of the innovation is coming from forex brokers themselves (who can …
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FXCM August Trade Metrics – volumes lower

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Listed FX broker dealer FXCM has posted its monthly metrics for the month of August. Figures are in line with the market in general and the snow ball effect of reduced trading activity is evident in the retail segment. Monthly …
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Bitcoin

Executive Moves

Startups & New products

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Is WebMoney the Next Liberty Reserve?

Since the seizure of Liberty Reserve’s operations last month, it has put all alternative payment providers in focus. Coming into the spotlight now is WebMoney,...

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TradeRush Launches Bitcoin Binary Options

Binary options broker, TradeRush, has announced the launch of bitcoin binary option contracts for trading. The Cyprus broker becomes the second largest binary firm to...

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Tradingview Adds Bitcoin Charts

Just in time for a massive sell off in bitcoin prices, social chart trading site, Tradingview has begun to offer market data and charting for...

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Ex-Price Waterhouse Coopers Senior Executive Tim Reilly Joins SS&C As VP of International Outsourcing

After 28 years of service at Price Waterhouse Coopers, technology provider SS&C yesterday appointed Tim Reilly as Vice President of International Outsourcing, based at the...

Diane Saucier, Head of US Business Development, Celoxica

Celoxica Hires Diance Saucier to Lead US Business Development

Celoxica, a provider of low latency market data, order entry and pre-trade risk solutions for automated trading firms and brokers, announced that it has hired...

Nicholas Stadel, Director of Sales and Marketing, Forest Park FX

Nicholas Stadel Joins Forest Park FX as Director of Sales and Marketing

Forest Park FX, a new CFTC registered Introducing Broker, announced that it has hired Nicholas Stadel as its Director of Sales and Marketing. (Forest Park...

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New Product Spotlight

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Connecting Via The Cloud: CFN Services Launches TradingHUB, Linking Market To International Venues with Single Connection

Managed services company CFN Services today launched its TradingHUB connectivity solution, based on cloud computing technology which is intended to connect global venues with a single connection.
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Tradition Launches Volatis, a New Volatility Futures Platform

Interdealer broker Tradition has announced the launch of Volatis, a new platform for trading volatility futures of CME Group listed and cleared products. Volatis offers traders a platform for managing volatility risk
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