Comments for Forex Magnates http://forexmagnates.com Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops Fri, 10 Feb 2012 11:44:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on FXall successfully completes IPO, priced well below the range, rises 14.5% by Ron Finberg http://forexmagnates.com/fxall-successfully-completes-ipo-priced-well-below-the-range-rises-14-5/#comment-7534 Ron Finberg Fri, 10 Feb 2012 11:44:58 +0000 http://forexmagnates.com/?p=10462#comment-7534 I think the big bank shareholder were just willing to get whatever they could for their shares. Their real money is making markets within FXAll's ECN. It will be interesting to see if the new shareholders push for higher fees from their liquidity providers now that they are FXalls clients rather than partners. I think the big bank shareholder were just willing to get whatever they could for their shares. Their real money is making markets within FXAll’s ECN. It will be interesting to see if the new shareholders push for higher fees from their liquidity providers now that they are FXalls clients rather than partners.

]]> Comment on Metaquotes announces integration of its Metatrader 5 platform and CitiFX Pro’s liquidity by Michael Greenberg http://forexmagnates.com/metaquotes-announces-integration-of-its-metatrader-5-platform-and-citifx-pros-liquidity/#comment-7533 Michael Greenberg Fri, 10 Feb 2012 07:19:11 +0000 http://forexmagnates.com/?p=10459#comment-7533 call it technology leasing, not white label and it makes more sense call it technology leasing, not white label and it makes more sense

]]> Comment on Metaquotes announces integration of its Metatrader 5 platform and CitiFX Pro’s liquidity by Gasman http://forexmagnates.com/metaquotes-announces-integration-of-its-metatrader-5-platform-and-citifx-pros-liquidity/#comment-7532 Gasman Fri, 10 Feb 2012 01:39:21 +0000 http://forexmagnates.com/?p=10459#comment-7532 Confirmed, CitiFX Pro uses Citi's own liquidity not Saxo's. Not a normal white label arrangement. Confirmed, CitiFX Pro uses Citi’s own liquidity not Saxo’s. Not a normal white label arrangement.

]]> Comment on Metaquotes announces integration of its Metatrader 5 platform and CitiFX Pro’s liquidity by Michael Greenberg http://forexmagnates.com/metaquotes-announces-integration-of-its-metatrader-5-platform-and-citifx-pros-liquidity/#comment-7531 Michael Greenberg Thu, 09 Feb 2012 21:32:11 +0000 http://forexmagnates.com/?p=10459#comment-7531 not necessarily correct. Citi has more than enough of its own liquidity, just because it takes technology from Saxo doesn't necessarily mean it also takes liquidity. not necessarily correct. Citi has more than enough of its own liquidity, just because it takes technology from Saxo doesn’t necessarily mean it also takes liquidity.

]]> Comment on Metaquotes announces integration of its Metatrader 5 platform and CitiFX Pro’s liquidity by FXTrader http://forexmagnates.com/metaquotes-announces-integration-of-its-metatrader-5-platform-and-citifx-pros-liquidity/#comment-7530 FXTrader Thu, 09 Feb 2012 20:34:03 +0000 http://forexmagnates.com/?p=10459#comment-7530 Meaning liquidity from Saxo Bank, as CitiFXPro is a whitelabel of Saxo Meaning liquidity from Saxo Bank, as CitiFXPro is a whitelabel of Saxo

]]> Comment on Media Forex Websites Traffic Survey: Q4 2011 by Francesc Riverola http://forexmagnates.com/media-forex-websites-traffic-survey-q4-2011/#comment-7529 Francesc Riverola Thu, 09 Feb 2012 18:55:38 +0000 http://forexmagnates.com/?p=10422#comment-7529 Hi Michael I will tell you in public what I've already told you in private. Your aggregated data is distorted and it is not representative of the real performance of the media in the retail forex market industry because there is a site that some time ago decided to become a financial site. It is not a Forex site anymore. To put us together is like comparing apples with pears and I think it is unfair for sites like FF, DailyFX or ourselves FXstreet. The biggest FX site is FF and all the rest are behind because of its forum format and a great job done for many years. Neither DailyFX nor us can't dream to get FF numbers. Fastest growing FX site, I'm pretty sure it is MyFXbook... A nice surprise that will gain a lot of steam, new FXbootcamp. That's my view Francesc Hi Michael
I will tell you in public what I’ve already told you in private. Your aggregated data is distorted and it is not representative of the real performance of the media in the retail forex market industry because there is a site that some time ago decided to become a financial site. It is not a Forex site anymore.
To put us together is like comparing apples with pears and I think it is unfair for sites like FF, DailyFX or ourselves FXstreet.

The biggest FX site is FF and all the rest are behind because of its forum format and a great job done for many years. Neither DailyFX nor us can’t dream to get FF numbers.

Fastest growing FX site, I’m pretty sure it is MyFXbook… A nice surprise that will gain a lot of steam, new FXbootcamp.

That’s my view

Francesc

]]> Comment on AlgoMetrix Asset Management to launch new Algorithic FX fund by Andy http://forexmagnates.com/algometrix-asset-management-to-launch-new-algorithic-fx-fund/#comment-7528 Andy Thu, 09 Feb 2012 17:30:46 +0000 http://forexmagnates.com/?p=10438#comment-7528 So someone did a backtest.. So someone did a backtest..

]]> Comment on NFA fines PFG $700,000; bars it from accepting new IBs for two years for deficient IB practices by Michael Greenberg http://forexmagnates.com/nfa-fines-pfg-700000-bars-it-from-accepting-new-ibs-for-two-years-for-deficient-ib-practices/#comment-7525 Michael Greenberg Thu, 09 Feb 2012 11:05:45 +0000 http://forexmagnates.com/?p=10442#comment-7525 yep nothing new but this time NFA didn't just fine the IB but also the broker, NFA is sending a message here which i finally can relate to... yep nothing new but this time NFA didn’t just fine the IB but also the broker, NFA is sending a message here which i finally can relate to…

]]> Comment on NFA fines PFG $700,000; bars it from accepting new IBs for two years for deficient IB practices by Ron Finberg http://forexmagnates.com/nfa-fines-pfg-700000-bars-it-from-accepting-new-ibs-for-two-years-for-deficient-ib-practices/#comment-7524 Ron Finberg Thu, 09 Feb 2012 10:30:19 +0000 http://forexmagnates.com/?p=10442#comment-7524 It may be a business killer,but it is nothing new. Churning customer accounts and and getting paid on commisions regardless of performance was allready being flagged by the SEC in the early 2000's for equity accounts. It just took a while for forex to get noticed. It may be a business killer,but it is nothing new. Churning customer accounts and and getting paid on commisions regardless of performance was allready being flagged by the SEC in the early 2000′s for equity accounts. It just took a while for forex to get noticed.

]]> Comment on UK Forex volumes down by Martin http://forexmagnates.com/uk-forex-volumes-down/#comment-7523 Martin Thu, 09 Feb 2012 06:21:20 +0000 http://forexmagnates.com/?p=10434#comment-7523 Hi, Could you please explain how FX Swaps work? Are they financial derivates for short-term interest rate differential between two currencies? Hi,

Could you please explain how FX Swaps work? Are they financial derivates for short-term interest rate differential between two currencies?

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