Tag Archives: FX

ICAP appoints new CEO for Traiana – Andy Coyne

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ICAP continues its HR shuffling by appointing Andy Coyne, ex Citi’s Head of FX Prime, to take over the position which was previously taken by Gil Mandelzis now the CEO of EBS. New York/London, 21 May 2012 – ICAP plc …
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Binary Options regulation is well underway in Cyprus

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Only 2 weeks passed since CySec’s dramatic announcement that it intends to start regulating Binary Options and we already have flurry of news that many brokers have applied for this registration and that registration firms have their hands full with …
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CFH Group’s view on the fx market – an interview with CEO Christian Frahm

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Today we launch a series of interviews with various market participants: brokers, developers, platform providers, liquidity providers, banks, exchanges, etc. You are welcomed to get in touch with us for an interview. CFH Group is a privately held company and …
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Alpari Launches Dukascopy’s JForex PAMM Solution

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Alpari US announces the launch of the JForex PAMM system powered by Dukascopy. Alpari US licensed Dukascopy JForex platform last year as due to Dodd-Frank rules Dukascopy was required to stop accepting US clients. Dukascopy had to decide what to …
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Saxo Bank appoints new Chairman – Dennis Malamatinas

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Saxo Bank, the online trading and investment specialist, announced today, after its board meeting, the Bank’s new Chairman of the Board. Dennis Malamatinas, currently Deputy Chairman of the Board, takes over from Kurt K. Larsen who has been chairman since …
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FXCM Officially Launches App Store for Traders

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We discussed this few weeks ago with Sameer Bhopale FXCM’s CMO. FXCM’s app store intends to provide traders with the most useful and popular applications as well as allowing and helping developers create their own apps and distribute them. The …
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ICAP reports preliminary 2011-2012 results, revenue down 3% profit up 1%

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Preliminary statement for the year ended 31 March 2012 Review of operations For the year ended 31 March 2012, the Group reported revenue of £1,681 million, 3% below the prior year. Uncertainty in the Eurozone and constraints on market liquidity …
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Interbank FX and Luis Rivas sued for allegedly defrauding clients

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In a case submitted to the United States district court for the eastern district of Tennessee the group of 12 Plaintiffs claims that it was defrauded by IBFX (now subsidiary of TradeStation) and a money manager named Luis H. Rivas for about $25 million. The Plaintiffs claim two things – that …
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Metaquotes integrates MT5 with Integral’s FX Grid

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Metaquotes continues its effort to plug Metatrader 5 platform into as many liquidity sources as possible. Latest were Currenex and CitiFX Pro. Connecting to Integral’s FX Grid will allow brokers with the right liquidity relationships to plug MT5 to liquidity pools they …
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HotSpot’s April 2012 volumes down 15.5%

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The decline in institutional forex volumes continued in April as all major brokers reported a further decline. Volumes hit historic lows in December 2011 and haven’t recovered since except what now seems a short-term spike in March 2012. HotSpot weathers …
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