Tag Archives: foreign exchange
This is the official announcement by BT regarding what was announced here last week: Boston Technologies prime brokerage arm BT Prime received an FSA license. BT is also renaming BT Prime to Boston Prime – definitely a more attractive name. The new license will allow BT to start accepting more established clients who’ll want to tap into its liquidity and thus increase its volume.
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CME is still very much focused on taking over the retail forex market (with the generous help of the CFTC) in the US and adding Traiana’s in due time may appeal to large forex trading clients and retail brokers like FXCM.
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This adds to Alpari’s ongoing sponsorship of the New York Knicks, New York Rangers and the Madison Square Garden. It seems Alpari are step by step increasing their presence and advertising in United States. It also seems that some brokers have a preference for certain types of sports and they invest most of their marketing budget in the same vertical
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Trust CFTC (and NFA) to kill any interesting initiative in the financial markets. Because if anything these political binaries are responsible for all the global financial problems, flash crash and greedy banks taking tax payers’ money to pay fat bonuses…
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This was one of the biggest news last year – CFTC sued 14 forex firms (and then 11 more) for various infringements of its laws including accepting US clients. Some firms (offshore ones) decided to ignore this all together and keep accepting American clients, some stopped accepting them but didn’t settle and some managed to settle the case.
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GFT just launched its iPad version of its trading platform and visually it looks great. As a matter of fact most of platforms look great on iPad simply because it has a much bigger screen than a smartphone allowing more flexibility and better design.
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Boston Technologies were just granted an official FSA license to its prime brokerage venture – Boston Prime. Boston’s BT Prime serves as a prime brokerage for its clients plugging them to liquidity of a dozen or so banks. This also is used as a feed to those brokers who require it.
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Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts, the highest ever annual volumes achieved by the Exchange since inception. The annual volumes represent a value of $185.13 billion.
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