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Tag Archives: retail forex report

Ava FX offers online trading course via Groupon

Mar
9
2012
Posted by Michael Greenberg in Brokers
3 Comments

Now this is some brilliant marketing. Ava FX offers a 96% discount on its Online Trading Course making it probably the first fx offering on Groupon. This way Ava FX taps the large Groupon clients base and also reaches completely …
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London Stock Exchange acquires majority stake in LCH, values it at €813 million

Mar
9
2012
Posted by Michael Greenberg in Executing Venue,Technology
0 Comments

LCH recently reported healthy 2011 results with net revenues up 16% to €387.2 million (2010: €335.0 million). LCH launched the much awaited ForexClear service at the end of 2011. LCH offers the service on nine currency pairs for interbank trades in currency options. …
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Saxo Bank reports 2011 results, revenues up but volumes are down

Mar
8
2012
Posted by Michael Greenberg in Brokers
0 Comments

Saxo Bank showed continuance of its impressive results from 2010. Although net profit was down by 4% and volume decreased by 14% (comparing H2 2011 to same period in 2010) its overall revenue was 6% higher and client assets have …
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Alpari FS celebrates the opening of new office in Alpari Tower

Mar
8
2012
Posted by Michael Greenberg in Brokers
6 Comments

Alpari FS, the Cyprus based subsidiary of the Alpari Group, threw a large party last week celebrating the expansion into Cyprus and the opening of its new eponymous office building  - Alpari Tower. Alpari were kind enough to invite me …
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Forex Magnates launches Latin America forex industry report

Mar
8
2012
Posted by Forex Magnates in Brokers
0 Comments

Forex Magnates just officially launched its Latin America forex industry report. The report is 160 pages of information of everything you need to know about the Latin America forex market broken down by countries. The report includes: Latin America Region …
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Windsor Brokers becomes the latest broker to settle with CFTC for accepting US forex clients

Mar
7
2012
Posted by Michael Greenberg in Brokers
0 Comments

The list is getting longer and longer: On February 29th 2012 Enfinium settled with the CFTC, FXOpen and InterForex did the same earlier this year. It seems there’s a clear distinction now between two types of firms sued by the CFTC: …
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First 3 brokers obtain a full forex license by CMB in Turkey

Mar
6
2012
Posted by Michael Greenberg in Brokers
0 Comments

Finally 3 brokers were granted full forex license to operate in Turkey. In August 2011 Turkish forex regulator CMB suddenly announced that forex brokerages are no longer allowed to operate in Turkey without a license. Such license however wasn’t even …
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MahiFX goes live, offers attractive proprietary platform

Mar
5
2012
Posted by Michael Greenberg in Brokers
8 Comments

MahiFX which has done a very good job in preparing the market for its launch has now official gone live. I’ve had the chance to get a sneak preview of the platform with the founders David and Susan Cooney who …
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LMAX soft launches MT4

Mar
5
2012
Posted by Michael Greenberg in Brokers,Executing Venue
13 Comments

LMAX was established and is majority owned by Betfair, the world’s leading sports betting exchange. LMAX launched in October 2010 after nearly three years of development. Based in the UK, LMAX is authorised and regulated by the Financial Services Authority …
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Court dismisses the class action suit against FXDD

Mar
4
2012
Posted by Michael Greenberg in Brokers
1 Comments

A little over a year ago Morgan Business Trial Group has announced that it filed a class action suit against FXDD. In basis of the complaint is the allegedly aggressive and misleading marketing by FXDD as well as that it is …
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Is WebMoney the Next Liberty Reserve?

Since the seizure of Liberty Reserve’s operations last month, it has put all alternative payment providers in focus. Coming into the spotlight now is WebMoney,...

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Just in time for a massive sell off in bitcoin prices, social chart trading site, Tradingview has begun to offer market data and charting for...

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Ex-Price Waterhouse Coopers Senior Executive Tim Reilly Joins SS&C As VP of International Outsourcing

After 28 years of service at Price Waterhouse Coopers, technology provider SS&C yesterday appointed Tim Reilly as Vice President of International Outsourcing, based at the...

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Celoxica Hires Diance Saucier to Lead US Business Development

Celoxica, a provider of low latency market data, order entry and pre-trade risk solutions for automated trading firms and brokers, announced that it has hired...

Nicholas Stadel, Director of Sales and Marketing, Forest Park FX

Nicholas Stadel Joins Forest Park FX as Director of Sales and Marketing

Forest Park FX, a new CFTC registered Introducing Broker, announced that it has hired Nicholas Stadel as its Director of Sales and Marketing. (Forest Park...

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Connecting Via The Cloud: CFN Services Launches TradingHUB, Linking Market To International Venues with Single Connection

Managed services company CFN Services today launched its TradingHUB connectivity solution, based on cloud computing technology which is intended to connect global venues with a single connection.
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Tradition Launches Volatis, a New Volatility Futures Platform

Interdealer broker Tradition has announced the launch of Volatis, a new platform for trading volatility futures of CME Group listed and cleared products. Volatis offers traders a platform for managing volatility risk
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