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Tag Archives: IKON GM

IG Markets is exiting the US market, will keep presence through NADEX

Apr
8
2011
Posted by Michael Greenberg in Brokers,Regulation
1 Comments

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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US Forex Brokers – Ikon GM out, Tradestation Forex in

Apr
5
2011
Posted by Michael Greenberg in Brokers
10 Comments

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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Ikon Global Markets sues CFTC for fining it for implementing the anti-hedging rule!

Jan
28
2011
Posted by Michael Greenberg in Brokers
18 Comments

The folks at Law360 have done a good work by uncovering this story. Unfortunately I wasn’t able to get ahold of the court documents myself so I’ll bring a short excerpt from Law360′s story below. If this wasn’t sad it …
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IKON fined $320,000 for Virtual Dealer

Oct
29
2010
Posted by Michael Greenberg in Brokers
7 Comments

It seems most forex brokers with the MT4 platform have been using this plug-in in a huge conflict of interest and disadvantage to their clients. Gain Capital was fined half a million for usage of same plug-in as well. October …
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