Tag Archives: CFTC

Your Best IRS Audit Repellant? File as a Flow-Through Entity

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Forex Magnates has partnered with TradingViews – The Interactive Network for Serious Traders and from time to time I’ll post some of the most interesting posts here. Were the mosquitoes and “no-see-’ems” bad where you live last summer? If you …
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FXCM acquires ODL Group to form world's largest Forex broker (Updated)

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Following months of rumors about a potential acquisition I now got a word that the acquisition was finally completed. FXCM is about to acquire ODL (pending due diligence and regulatory approval) and this merger will form world’s largest retail Forex …
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TD Ameritrade integrates a social media network

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Continuing the wave of social networks for traders TD Ameritrade, a large equities broker who bought thinkorswim a while ago, is now integrating access to MyTrade a free social media website. While not directly Forex related this is still an …
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FXCM Balance Sheet as of February 2010

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FXCM Holdings LLC has released its latest balance sheet. The numbers reflect FXCM’s financial strength and status as of February 28, 2010. Highlights include: $137,870,045 Million in Capital (Assets Minus Liabilities) – an increase of over $20 million since the …
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GAIN Capital Launches Forex.com in Australia

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NEW YORK; LONDON; SYDNEY, April 28 /PRNewswire/ — GAIN Capital Holdings, Inc., a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), today announced the launch of a new service in …
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Trevor Cook to sue himself? Why not

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As Francesc points out today, Trevor Crook Cook, who is charged with bilking investors out of at least $190 millions, says he filed a claim against Crown Forex, S.A. for $67 million in investor funds that he claims were being …
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NFA bars AVS Carter, no surprise there

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No surprise there for me. A person called Shahid sent me an email probably to try and get me being AVS’s IB but the wording itself as well as the company’s website (www.avscarter.com) just looked as something that I shouldn’t even deal …
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Currensee expands round B, adds new investor

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Currensee just announced the expansion of its round B, which was announced couple of months ago to $8.8 million from previously announced $8 million, and that a new investor joined the team. Company says that the funds will serve to accelerate global …
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Russia to crack down on Forex firms. Again.

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Every few months you can find alarming reports in the Russian press about the Russian Federal government regulation authorities who aim to put a stop to Forex trading. A regulatory body called Federal Service for Financial Markets (FSFM) is threatning …
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CMS Forex Faces Patent Suit Over Trading Software

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Online foreign exchange brokerage CMS Forex has been hit with a suit claiming that its VT Trader 2.0 software infringes a pair of patents for technology that automatically resizes images to fit into an end-user’s device, LAW360 reports. Seattle-based Broadband …
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