Tag Archives: software

US forex brokers regulatory capital report for February 2011

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Updated: inserted 40% of inactive accounts factoring element to better calculate the average US account balance size. As every month US forex brokers publish their regulatory capital report as well as their clients’ capital figures. Results for February 2011 versus …
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IG Markets is exiting the US market, will keep presence through NADEX

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IG Markets, the large British forex and spread betting broker, is about to publicly announce its withdrawal from the US market. IG Markets opted to completely withdraw from the United States following latest regulatory and will thus not continue to be registered …
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Alpari re-enters Japan with a bang – acquires CMS Japan K.K.

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I have to say this caught me off guard as this is quite a bold move by Alpari. It is also quite a strange announcement as only three months ago Alpari itself announced its intention to withdraw from the Japanese market – …
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Industry updates: Gain Capital, Penson, PFSoft and InterTrader

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GAIN Capital Opens Singapore Office as Part of Asian Expansion Effort for GAIN GTX, its Institutional ECN GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, today announced that it has opened an office in Singapore …
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EBS volumes up 5% in March to $157.3 Billion

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March was a fantastic month for most forex brokers who reported a significant increase in trading volumes. Unfortunately this happened amid the Japanese crisis and the Middle Eastern unrest, and hence for the wrong reasons… Markets were indeed hectic all …
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More GCI/FXCM acquisition details, interview with Drew Niv

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I just had an opportunity to talk to Drew Niv, FXCM’s CEO, about their acquisition of GCI Japan. FXCM acquired its Japanese franchise GCI Capital a few days ago thus receiving over 17,000 accounts and client equity of $110 million. FXCM will …
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FxPro launches cTrader – an ECN platform

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You read first in my Linkedin group couple of weeks ago and today FxPro have publicly announced that it launched an ECN trading platform called cTrader. cTrader is a new platform by a company based in Cyprus and potentially with …
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US Forex Brokers – Ikon GM out, Tradestation Forex in

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And then there were thirteen… Actually twelve as CMS Forex is phasing out. Ikon GM is out (since October 2010, Francesc thanks for the tip) and Tradestation formed a new entity – Tradestation Forex which received an RFED status in January …
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Saxo Bank to fully acquire the EuroInvestor portal

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Saxo Bank, which in 2009 acquired about 30% of EuroInvestor, has now announced that it completed an acquisition of  additional 41% of the leading European share and financial trading portal. This will trigger a full acquisition offer for the remaining …
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GFT soft launches MT4

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GFT is the latest broker to succumb to MT4′s overwhelming popularity. GFT hasn’t officially announced this but it has quietly launched the MT4 platform powered by Boston Technologies, as some of you heard on the Forex Magnates Linkedin group almost …
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