Tag Archives: forex magnates industry report
DMM, the second largest Japanese forex broker, reported September figures and its consolidated volume surged thanks both to the improved volatility and due to including Gaitame Japan’s numbers. PLANEX recently sold its Gaitame Japan brokerage as well as its FX consulting business …
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FXCM files shelf registration statement – may raise up to $125m, more acquisitions ahead?
4
2012
FXCM just announced it filed a shelf registration statement allowing it to offer and sell, from time to time, up to $125 million of securities such as its Class A common stock, preferred stock, senior, subordinated or convertible debt securities, depositary …
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Glimpse into MIG Bank and Dukascopy financials – Swiss forex profitability is low
3
2012
MIG Bank and Dukascopy’s financials recently became available and we can take a look and see what they looked like in H1 2012. It seems that MIG is double the size of Dukascopy (balance sheet) however experienced a severe slow …
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September (at least the first 2-3 weeks of the month) was much better for the industry than August and July, most brokers will report improved figures. GMO Click Securities is Japan’s largest forex broker and is world’s largest brokers in …
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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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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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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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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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