Brokers
Britain’s ICAP Plc (IAP.L), the world’s biggest interdealer broker, said revenue in its latest quarter was up over 10 percent from the year before, aided by rising bond issuance and active commodities markets. Profit is slightly down. SEC requests copy …
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A few weeks ago I covered the FXOpen’s ECN platform and was a bit skeptical because I had experienced problems with my Windows XP software (unrelated) and because I questioned who the liquidity providers were for execution. A few days …
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Jim from Trading Gurus keeps backtesting Forex Megadroid and finds some ‘inconsistencies’. Ex FXCM’s Managing Director releases and unimpressive three-pager about the Forex market and Forex brokers. I’m not really sure what the purpose of this document is. Forex.com (Gain) promotes …
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Every month I’ll be preparing a report with a volume survey of as many retail forex brokers as possible. The report I released in May estimated the total daily volume at over $105B. June’s report estimates it at $128B, the …
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Every month, if new information is released, Forex Magnates will be announcing the monthly retail Forex volume survey results. Tomorrow is June’s time. In the meanwhile check out May’s results.
The Securities and Exchange Commission today charged New York-based broker-dealer Sky Capital LLC and six individuals involved in a fraudulent boiler room scheme that raised millions of dollars from U.S. and UK investors who were then restricted from selling their …
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A few days ago an interview with GFT’s CEO Gary Tilkin appeared on the GFT company’s website. The content was standard: we comply with the NFA’s new requirements but what was interesting to me in particular were a few lines …
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Forex.com (Gain) announces that FIFO rule will not affect their customers so they will be able to keep using stops and limit orders when trading with Forex.com NFA’s wrath: COMPLAINT: On December 22, 2008, NFA issued a Complaint charging Vanguard and Gordon …
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Goldman’s secret sauce stolen? While most in the US were celebrating the 4th of July, a Russian immigrant living in New Jersey was being held on federal charges of stealing top-secret computer trading codes from a major New York-based financial institution—that …
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I’m sure that when a book on retail Forex will be written a few years from now one of the biggest flops mentioned will be Saxo Bank. Saxo Bank, as I have extensively covered and claimed in the past, should …
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