Tag Archives: forex trading

IG Group reports 17% increase in trading revenue in 2011-2012

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The Group expects to report trading revenue of £366.8m excluding the discontinued Sport business (2011: £312.7m), representing growth of 17% over the comparative period. The UK had a strong quarter with revenue growth of 13%, primarily driven by growth in revenue …
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FXCM to acquire Lucid Markets for $176 million

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FXCM just made a huge move forward in its forray into the institutional forex market by acquiring Lucid Markets, the secretive institutional fx market maker. Lucid is considered to be one of the biggest market makers and feed providers in …
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IG Group storms the new domains market, bids for .forex .cfd and many others

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ICANN (Internet Corporation for Assigned Names and Numbers) has opened up new Internet domain names allowing anyone to buy generic domains such as .forex and others. IG Group was the most active broker by applying for no less than 7 …
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Turkish regulator to sue binary options brokers and block their websites

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Ever since Turkish regulator CMB (Capital Markets Board) blocked forex brokers from soliciting local clients without getting a local license many of them have simply shifted to offering binary options which they thought weren’t of interest to CMB. CMB however …
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OANDA to execute its one-billionth transaction, giving out bonuses

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Congratulations to OANDA for approaching a major milestone of executing more than 1,000,000,000 transactions. While the number doesn’t let us know what is the cumulative volume that OANDA has transacted we can try and estimate this. Average ticket in the …
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Integral make RUB liquidity available through its FX Cloud

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Russian Ruble (RUB) is an increasingly popular currency with Russian economy growing and attracting more investors/speculators. Local forex brokerage market is one of world’s largest being home to more than 50 forex brokers who too drive the interest in this …
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Saxo Bank renders CHF peg as risky, raises margin requirements

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Saxo Bank believes that one of the consequences of the Euro-zone (and Greek) drama is that the CHF may suddenly appreciate, causing it to being de-pegged and severely impact traders who have shorted this currency. Apparently Saxo Bank believes that the CHF potentially poses …
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New OANDA CEO K Duker: Asia is the future of FX

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This is not the first time we have witnessed a change of heads in one of forex’s leading players. However, it is crucial that the public understands the thinking and the underlying reasons for the change. Naturally, all eyes are …
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First Derivatives signs up Forex Club as its first client in Eastern Europe

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Forex Club is going to be the second retail forex broker utilizing First Derivatives’s technology, Real Forex being the first one. First Derivatives has one of the most sophisticated and advanced trading engines in the market having acquired Cognotec’s fx technology back …
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Concluding the IFXEXPO – it was awesome!

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After clearing the massive back-log of emails of leads and contacts made at the event we can now congratulate Google and ConversionPros for putting together the first IFXEXPO in Cyprus last week. From our point of view, and every participant’s …
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Want a Plane? Do You Have Bitcoins? BitPremier & BitPay Raising the Bar

After bringing to the bitcoin marketplace million dollar apartments and sports cars, luxury bitcoin retailer, BitPremier is offering what is most likely the first airplane...

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Sneak Peak: Crypto St, Blending Bitcoin & Forex Trading Together

Innovation in the bitcoin sector continues to take place. Forex Magnates takes a look at Crypto St, a soon to launch bitcoin trading platform...

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DHS, Dwolla, Google Wallet & Bitcoin Prices Still Strong

US Feds Attacking Bitcoin! Bitcoin Getting Shut Down Is this the End of Bitcoin There have been some strong titled headlines since Tuesday evening about...

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New Blood at Integral’s Top Level – A Further Two Senior Executives Appointed As David Faulkner and Thomas F Koslowske Assume Office

Integral's management team expands rapidly as part of growth plan to streamline go-to-market process and keep abreast of market share gain of open FX platform.
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Ian Doull Joins Integral in Global Product Role

Technology provider Integral has announced today that Ian Doull is joining them as Managing Director of Product Marketing. Integral stated that “In this newly created...

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Exclusive: OANDA Appoints Global Mobile Banking Head Citibank as New Head of Singapore

Management changes at OANDA continue with the appointment of Rajesh Yohannan as the new Managing Director & CEO, OANDA Asia Pacific, to be based in Singapore....

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Trading in the Cloud with cTrader & ChartIQ

The rise of mobile trading on tablets and smartphones has led brokers and technology providers to launch products that allow customers to access market data anywhere, and on any device. On this note, two cloud based products were released this week.
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Sneak Peak: Crypto St, Blending Bitcoin & Forex Trading Together

Innovation in the bitcoin sector continues to take place. Forex Magnates takes a look at Crypto St, a soon to launch bitcoin trading platform that combines elements of the forex trading brokerage model with digital currencies.
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