US Introducing Brokers form their own coalition to oppose proposed CFTC rules
Looks like the opposition to the CFTC rules is picking up: Following the creation of Forex Dealers Coalition (www.fxdc.org) by most of US forex brokers, Introducing Brokers, who are expected to be severely hit by the new rules as well, are forming a coalition of their own.
Today, a group of leading Forex Introducing Brokers (IBs) announced the [...]
NFA submits amendments to Compliance Rule 2- 30 regarding customer information and risk disclosure
NFA and CFTC are working to ensure a much more strict compliance is enacted upon traders. As a part of this process NFA would like to make sure that more information is collected about traders and that it is updated frequently.
While not in particularly interesting (just like any regulatory document) this is still something worth [...]
IG Markets Adds BATS to Deliver Market Depth
IG Markets, the leading Contract for Difference (CFD) provider, has announced that its Smart Order Routing technology will now be extended to incorporate liquidity from BATS Europe, the operator of an innovative and technology-leading European Multilateral Trading Facility (MTF).
We were the first company of our kind to start working with the MTFs last November, and [...]
FXCM now offers Trading Station II for Mobile phones
FXCM, one of the world’s largest online forex brokers, has introduced a beta version of its mobile trading platform. Available for i-phone, Blackberry, and Windows Mobile phones, FXCM’s mobile Trading Station II provides forex trading anytime and anywhere.*
FXCM Mobile TSII gives traders the ability to keep track of their account (balance, equity, and margin), [...]
StreamBase and Gain Capital team on forex high-frequency trading
StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced a new partnership with Gain Capital, a global provider of online foreign exchange services, to offer a complete solution for their mutual clients to quickly deploy FX high-frequency trading algorithms.
The deal combines StreamBase’s award-winning CEP platform and with direct adapter to GAIN [...]
IKON GM fined $20,000 by NFA
On November 17, 2009, NFA issued a Complaint charging IKON with failure to observe high standards of commercial honor and just and equitable principles of trade; and failure to adopt enhanced supervisory procedures.
ANSWER:
On December 21, 2009, IKON filed an Answer to the Complaint in which it denied the material allegations contained therein.
Decision:
On March 4, 2010, [...]
One World Capital Group Ordered to Pay $520,000 in Sanctions
Those who are a few years in this market should remember One World Capital Group which was even registered with the NFA at the time but was shut down as under-capitalized and following numerous complaints.
One World owned the 1world-forex.com domain and was barred by the NFA in early 2009 for failing to cooperate with an investigation for a Complaint [...]
IG Markets Launches Improved Advanced Trading Charts
CFD Trading company, IG Markets is happy to launch an extensive upgrade to its advanced charting package that provides clients access to an array of new professional-grade charting tools and enhanced CFD & forex trading functionality.
Key Facts
New advanced charts include a huge range of professional features
Enhanced features include new indicators, dynamic colour zones and more
Open [...]
Interview with Todd Crossland – Interbank FX’s Chairman and President
Interbank FX, is a major US broker, and it is lately growing very nicely outside of the US as well. What I find in particularly appealing in this broker is its emphasis on transparency and social elements in Forex – such as the performance page which shows Interbank FX’s real time performance allowing traders to see actual [...]
Currensee now supports Oanda
Currensee, Inc., the first Forex trading social network connecting traders from around the world based on real-time trades, today announced the first of its kind, real-time support for OANDA utilizing the OANDA API. This secure, automatic connection enables OANDA traders from around the world to join Currensee for free and link their live, OANDA brokerage [...]

