Tag Archives: FINMA

Galaxy to Launch FX MTF

0 Comments

Galaxy MTF, an organized multilateral trading facility (MTF) for European bonds, has received regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate as a foreign exchange in Switzerland, allowing local investors to access Galaxy.
Read more

TAGS: , , , , , , , , , , ,

Swissquote publishes H1 2011 results, forex volume slightly up

1 Comments

Swissquote, the Swiss Bank which recently acquired ACM, has just published its financial results for the first half year of 2011. The Bank improved in almost all metrics and its forex (what they call eForex) volume is up 5% from the first quarter. Swissquote’s average monthly volume is now 35 billion CHF – equal to $42.4 Billion.
Read more

TAGS: , , , , , , , , , , , , , , , , , , , , , ,

Dukascopy to close US retail forex traders' positions by July 15th, looking for US partners to offer its technology

6 Comments

Just as I reported over a month ago due to Dodd-Frank rules even Swiss forex brokers, which in fact are now banks and thus could continue accepting US clients even after October 2010, will have to stop accepting US retail …
Read more

TAGS: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

FINMA puts swiss pb in liquidation, second bust Swiss forex brokerage after Crown Forex

0 Comments

Just like with the notorious Crown Forex FINMA took over swiss pb’s website and put the following announcement there: “With an order dated March 25th, 2011 the Swiss Financial Supervisory Authority FINMA has adjudicated the bankruptcy of swiss pb AG …
Read more

TAGS: , , , , , , , , , , , , , , , , , , , , , , , , , ,
Mirror Trader Leverate

Note: Copyright © 2011 Forex Magnates. All rights reserved.

All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2011 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.