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Tag Archives: FX Club

NFA Updates Enhancement Of FCM Monitoring and Increases Forex Capital Requirements

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The NFA has just announced that it has approved proposals for increased monitoring of FCM accounts that were proposed in its November 15th meeting. The new amendments will “require an FCM to instruct its depositories holding segregated, secured amount and …
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America loses another forex broker: Advanced Markets withdraws its RFED license

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Updated with Advanced Market’s official response, below. The number of US retail forex brokers keeps plummeting with Advanced Markets, aka AMIFX, becomes the latest to withdraw its retail (RFED) license. The firm was today put on what NFA calls a …
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Forex Club officially starts cooperating with FXCM on its retail clients base

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As we wrote back in August – Forex Club, which downgraded its US RFED license to FCM and is no longer able to take on retail clients, is now passing them to FXCM. Both firms wouldn’t confirm this back when …
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FXCM to partner with Forex Club on its US clients base

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While nothing is public yet and the deal may not have been even signed yet, it seems that FXCM is about to either partner or acquire Forex Club’s US clients base. Forex Club recently announced that it will downgrade its …
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America loses another retail forex broker – Forex Club to focus on institutional business

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Thanks to considerable regulatory efforts making it extremely difficult for forex brokers to operate in the US the number of forex brokers keeps going down. Forex Club today announced to its employees that it is going to downgrade its license …
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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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Forex Club is on the move – appoints a new US CEO Michael Klena

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Forex Club, one of the largest brokers in Eastern Europe, is in a restructuring and expansion frenzy – after taking a major investment from a private equity fund it announced the appointment of a new US CEO. Michael Klena (who was in fact …
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Forex Club sells minority stake to Quadro Capital Partners, plans an IPO

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Forex Club just announced that it sold a minority stake (believed to be in the region of 5-10%) to Quadro Capital Partners, a Moscow based private equity firm. Forex Club is one of the largest and oldest brokers in the …
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Regulation and consolidation in the US market – number of brokers offering retail forex trading plummets 50% in 4 years

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Having seen two US brokers go public in the last 12 months and many more withdraw and being bought it’s time to see what happened to US retail forex industry sinc regulation became more stringent. Bottom line is that since …
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FOREX CLUB announces new CEO appointment

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Forex Club has announced the appointment of Rafael Carrascosa is appointed as CEO of FOREX CLUB as of March 16th 2011. Forex Club is undergoing a major restructuring by consolidating all group’s activities under one umbrella and the new global CEO …
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Bitcoin

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What in the World are Bitcoins? Part 2: Security & Satoshi

In Part Two of 'What in the World are Bitcoins' we take a look at security, wallet types, 51% attacks, DDoS, and who is mystery...

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Living in the Future Today: BTC Global & BTC.UY

For BTC Global, bitcoins aren’t viewed as a new currency, but the technology of the future. In their world, digital currencies are swapped, goods are...

eToro Hosts First Israeli Bitcoin Hackathon

The first Israelie Bitcoin hackathon to be held later this month gets an interesting venue, as the event will be held at the Israel offices...

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FM Platform

Sneak Peak: Joel Kruger Launching First Macro

Sneak peak at Currency Strategist turned trader, Joel Kruger's startup and Trading Platform First Macro. First Macro is an FX trading platform that combines...

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Jason Gibson Joins Tradenext as Head of Trading

FCA regulated forex broker Tradenext appoints Jason Gibson as Head of Trading, a senior management position in which Mr Gibson will be responsible for the...

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Saxo Bank Launches Saxo TV – Hires Anchorman Owen Thomas

Saxo Bank has announced today the launch of Saxo TV. Led by former Bloomberg News Anchor Owen Thomas, Saxo TV will be providing on-demand trading...

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FM PlatformSneak Peak First Macro

Sneak Peak: Joel Kruger Launching First Macro

Sneak peak at Currency Strategist turned trader, Joel Kruger’s startup and Trading Platform First Macro. First Macro is an FX trading platform that combines technical and fundamental analysis and trading functionality within one interface.
Read more

Question_Mark_by_norbert79

What in the World are Bitcoins? Part 2: Security & Satoshi

In Part Two of ‘What in the World are Bitcoins’ we take a look at security, wallet types, 51% attacks, DDoS, and who is mystery creator Satoshi Nakamoto. Spoiler alert! We don’t have a clue who he is either.
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