Tag Archives: annual report

Saxo Bank’s 2013 Annual Report: The Details


The company has unveiled a negative adjustment during the fourth quarter of almost 46$ million, caused by a delay within the Bank’s stop-out procedures related to risk exposure at one of its white labels
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KVB Kunlun Reports Detailed Annual Metrics – 2013 Is Solid


The Hong Kong based company has separated its leveraged foreign exchange business reporting from cash dealing operations and other income for the first time since it started announcing quarterly figures.
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Plus500 Unveils Mobile Trading Accounted for 50% of Revenues in 2013


Publicly listed Plus500 Ltd has revealed details on their impressive performance last year, as the company unveiled the final version of their 2013 Annual Report. The main takeaway? Traders going mobile!
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CME Uncertain about Success of OTC Clearing Business, According to SEC Filing


The Chicago Mercantile Exchange filed its annual report to the Securities and Exchange Commission today. Average Daily Volume of FX contracts was 886,000 in 2013 at the CME, up 4.9% thanks to Yen and GBP.
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City Index Reports Loss for FY 2013 on Falling Volumes


City Index has recently reported its 2013 results, for the period ending March 31, 2013. According to filing, bottom line losses for the period amounted to £2,600,000, compared to a profit of £589,000 in FY2012.
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NFA Ignores Independent Audit Criticism and Pats Themselves On The Back During Board Meeting


The NFA yesterday held a board meeting to discuss results of an independent audit by Berkeley Research Group (BRG) in response to the PFG Best fraud. The BRG provided a list of recommendations for the NFA to implement to prevent …
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Digital Currencies

Executive Moves

Startups & New products

LMAX Exchanges Investigates Bitcoin Trading While FXOpen Goes ‘All In’

Stating that they "believe digital currencies are here to stay", LMAX Exchange COO, Scott Moffat provided an update on his firm's interest in bitcoins and...

LTC/USD Technical Analysis – 23rd April 2014

Litecoin has been heading down since the 20th of this month, initiated by some strong bearish candlestick price action, but that might be about to...

LTC/BTC Technical Analysis – 23rd April 2014

Since the Litecoin vs Bitcoin’s highs reached in late March, we’ve seen a huge retrace, with price coming back down to as low as 0.0224....

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Executive Vice President Joseph Wald Leaves GTX, GAIN Capital’s Institutional Division

Brought in only over a year ago to to lead the institutional business of GAIN Capital and "achieve our goal of becoming a market leading...


Kantox Partners with FX Industry Veterans to Form European Advisory Board, CEO Comments

Among recent trends in the foreign exchange payment field, Forex Magnates has witnessed steady growth of new entrants coming to market with alternative transaction services....

Michael Quirk, Ariel, Head of Global Software

Michael Quirk Joins Ariel As Head of Global Software Sales

Michael joins Ariel from X Open Hub where he was Manager of Institutional Sales for over a year. Prior to that, he spent four years...

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New Product Spotlight


IG Markets the Latest Broker to Launch Web TV After Dukascopy and Saxo TV

Former Bloomberg and BBC presenters Jeremy Naylor and Sara Walker, will be the faces behind IG’s newest marketing initiative as it challenges other well known players in the field of broker-run web TV.
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OANDA Launches Retail FX Tools Marketplace, Forex Magnates Reviews

OANDA opens a Marketplace featuring apps, training, and MT4 plugins developed by the broker and its partners to provide its clients with vetted tools and services. Forex Magnates reviewed the new offering.
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