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	<title>Forex Magnates &#187; retail volume</title>
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	<link>http://forexmagnates.com</link>
	<description>Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops</description>
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		<title>Federal Court Orders Charlotte, NC, Couple and Their Companies to Pay $24 Million for Defrauding Customers in Forex Ponzi Scheme</title>
		<link>http://forexmagnates.com/federal-court-orders-charlotte-nc-couple-companies-pay-24-million-defrauding-customers-forex-ponzi-scheme/</link>
		<comments>http://forexmagnates.com/federal-court-orders-charlotte-nc-couple-companies-pay-24-million-defrauding-customers-forex-ponzi-scheme/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 12:34:22 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Regulation]]></category>
		<category><![CDATA[brenda martin]]></category>
		<category><![CDATA[Brokers]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[charged]]></category>
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		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex fraud]]></category>
		<category><![CDATA[forex market]]></category>
		<category><![CDATA[forex ponzi]]></category>
		<category><![CDATA[forex scam]]></category>
		<category><![CDATA[forex scheme]]></category>
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		<category><![CDATA[gary martin]]></category>
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		<category><![CDATA[ponzi]]></category>
		<category><![CDATA[pyramid]]></category>
		<category><![CDATA[queen shoals]]></category>
		<category><![CDATA[queen shoals consultants]]></category>
		<category><![CDATA[queenshoals]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[sidney hanson]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=9157</guid>
		<description><![CDATA[Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced it obtained a federal court supplemental consent order requiring defendants Sidney S. Hanson, Charlotte M. Hanson, and their companies, Queen Shoals, LLC, Queen Shoals II, LLC, and Select Fund, LLC, to pay $24 million in restitution and civil monetary penalties for defrauding customers and misappropriating millions of dollars in a foreign currency (forex) Ponzi scheme (see CFTC Press Release 5689-09, August 7, 2009).<br/> <a href="http://forexmagnates.com/federal-court-orders-charlotte-nc-couple-companies-pay-24-million-defrauding-customers-forex-ponzi-scheme/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FXCM&#039;s August 2011 Monthly Metrics &#8211; Crazy August means volumes are up!</title>
		<link>http://forexmagnates.com/fxcms-august-2011-monthly-metrics-crazy-august-means-volumes-are-up/</link>
		<comments>http://forexmagnates.com/fxcms-august-2011-monthly-metrics-crazy-august-means-volumes-are-up/#comments</comments>
		<pubDate>Thu, 15 Sep 2011 21:11:18 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex industry report]]></category>
		<category><![CDATA[forex magnates]]></category>
		<category><![CDATA[forex magnates industry report]]></category>
		<category><![CDATA[forex magnates quarterly report]]></category>
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		<category><![CDATA[FX]]></category>
		<category><![CDATA[FXCM]]></category>
		<category><![CDATA[fxcm august 2011]]></category>
		<category><![CDATA[fxcm august 2011 monthly metrics]]></category>
		<category><![CDATA[fxcm institutional volume]]></category>
		<category><![CDATA[fxcm monthly metrics]]></category>
		<category><![CDATA[fxcm retail volume]]></category>
		<category><![CDATA[institutional volume]]></category>
		<category><![CDATA[retail forex industry report]]></category>
		<category><![CDATA[retail forex report]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=8490</guid>
		<description><![CDATA[As we already know August was one crazy (volatile) month. This means two things - brokers will report volumes higher than the average and many traders will have lost money. We'll see this reflected both in the public brokers' data, such as FXCM below, and in this quarter's profitability report (due in October). Not surprisingly FXCM shows a very strong growth in volumes, especially institutional ones, amid slow growth in number of accounts.<br/> <a href="http://forexmagnates.com/fxcms-august-2011-monthly-metrics-crazy-august-means-volumes-are-up/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Decline of $10 billion in average daily volume in spot transactions  &#8211; United States</title>
		<link>http://forexmagnates.com/decline-of-10-billion-in-average-daily-volume-in-spot-transactions-united-states/</link>
		<comments>http://forexmagnates.com/decline-of-10-billion-in-average-daily-volume-in-spot-transactions-united-states/#comments</comments>
		<pubDate>Tue, 26 Jul 2011 10:21:16 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Traders]]></category>
		<category><![CDATA[Brokers]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Foreign Exchange Committee]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex industry report]]></category>
		<category><![CDATA[forex magnates]]></category>
		<category><![CDATA[forex magnates industry report]]></category>
		<category><![CDATA[forex magnates quarterly report]]></category>
		<category><![CDATA[forex magnates report]]></category>
		<category><![CDATA[forex report]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[FX]]></category>
		<category><![CDATA[FXC]]></category>
		<category><![CDATA[retail forex industry report]]></category>
		<category><![CDATA[retail forex report]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[volume]]></category>
		<category><![CDATA[volume survey]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=7648</guid>
		<description><![CDATA[The Foreign Exchange Committee today released the results of its fourteenth Survey of North American Foreign Exchange Volume.  Here are the key points: - Average daily volume in total over-the-counter foreign exchange instruments (including spot, outright forward, foreign exchange swap, and &#8230;<br/> <a href="http://forexmagnates.com/decline-of-10-billion-in-average-daily-volume-in-spot-transactions-united-states/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FXCM Reports Monthly Metrics for June 2011 &#8211; Retail Customer Trading Volume of $938 billion for Q2/2011 -Highest in FXCM History</title>
		<link>http://forexmagnates.com/fxcm-monthly-metrics-june-2011/</link>
		<comments>http://forexmagnates.com/fxcm-monthly-metrics-june-2011/#comments</comments>
		<pubDate>Fri, 15 Jul 2011 01:20:17 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[clients]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex industry report]]></category>
		<category><![CDATA[forex magnates]]></category>
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		<category><![CDATA[FX]]></category>
		<category><![CDATA[FXCM]]></category>
		<category><![CDATA[fxcm active accounts]]></category>
		<category><![CDATA[fxcm monthly metrics]]></category>
		<category><![CDATA[fxcm operating metrics]]></category>
		<category><![CDATA[fxcm retail trades]]></category>
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		<category><![CDATA[NFa]]></category>
		<category><![CDATA[operating metrics]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail forex industry report]]></category>
		<category><![CDATA[retail forex report]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[trading metrics]]></category>
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		<category><![CDATA[volume]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=7485</guid>
		<description><![CDATA[Overall the June 2011 metrics were lower compared to May 2011 metrics but higher than June 2010 metrics. Normally brokers expect lower volume in the summer months due to lower volatility, but the ongoing Greek debt crisis caused an increase &#8230;<br/> <a href="http://forexmagnates.com/fxcm-monthly-metrics-june-2011/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US Forex brokers profitability report for Q2 2011</title>
		<link>http://forexmagnates.com/us-forex-brokers-profitability-report-for-q2-2011/</link>
		<comments>http://forexmagnates.com/us-forex-brokers-profitability-report-for-q2-2011/#comments</comments>
		<pubDate>Mon, 11 Jul 2011 19:35:34 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[account profitability]]></category>
		<category><![CDATA[advanced markets]]></category>
		<category><![CDATA[alpari]]></category>
		<category><![CDATA[CFTC]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers account profitability]]></category>
		<category><![CDATA[forex industry report]]></category>
		<category><![CDATA[forex magnates]]></category>
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		<category><![CDATA[FXCM]]></category>
		<category><![CDATA[FXDD]]></category>
		<category><![CDATA[FXDD account profitability]]></category>
		<category><![CDATA[gain capital]]></category>
		<category><![CDATA[GFT]]></category>
		<category><![CDATA[ibfx]]></category>
		<category><![CDATA[Interbank fx]]></category>
		<category><![CDATA[NFa]]></category>
		<category><![CDATA[Oanda]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail forex brokers profitability]]></category>
		<category><![CDATA[retail forex industry report]]></category>
		<category><![CDATA[retail forex report]]></category>
		<category><![CDATA[retail volume]]></category>
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		<category><![CDATA[US forex brokers account profitability]]></category>
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		<category><![CDATA[volume]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=7438</guid>
		<description><![CDATA[All brokers (except Tradestation) have updated their profitability numbers for the second quarter 2011. What clearly stands out is the drop in profitability experienced by clients of all brokers (with the exception of Advanced Markets - but its numbers are insignificant). On average clients' profitability dropped 4% since last quarter. When talking to brokers most of them stated the same reason for this - increased volatility during the quarter.<br/> <a href="http://forexmagnates.com/us-forex-brokers-profitability-report-for-q2-2011/" class="readmore">Read more</a>]]></description>
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		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>NFA issues complaint against CMS Forex</title>
		<link>http://forexmagnates.com/nfa-issues-complaint-against-cms-forex/</link>
		<comments>http://forexmagnates.com/nfa-issues-complaint-against-cms-forex/#comments</comments>
		<pubDate>Sun, 22 May 2011 10:35:06 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Traders]]></category>
		<category><![CDATA[CMS]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex industry report]]></category>
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		<category><![CDATA[FX]]></category>
		<category><![CDATA[gain capital]]></category>
		<category><![CDATA[NFa]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail forex industry report]]></category>
		<category><![CDATA[retail forex report]]></category>
		<category><![CDATA[retail volume]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=6929</guid>
		<description><![CDATA[CMS FX might have ceased being a forex broker and transferred clients to Gain Capital, but it’s not out completely. On May 19th, 2011, the NFA Business Conduct Committee charged CMS with failing to implement an adequate business continuity and &#8230;<br/> <a href="http://forexmagnates.com/nfa-issues-complaint-against-cms-forex/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FXCM&#039;s CEO Drew Niv on their new Dow Jones FXCM Dollar Index</title>
		<link>http://forexmagnates.com/interview-with-drew-niv-ceo-of-fxcm/</link>
		<comments>http://forexmagnates.com/interview-with-drew-niv-ceo-of-fxcm/#comments</comments>
		<pubDate>Sat, 14 May 2011 21:05:27 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[Drew Niv]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex market]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[FXCM]]></category>
		<category><![CDATA[leverage]]></category>
		<category><![CDATA[MetaTrader]]></category>
		<category><![CDATA[NFa]]></category>
		<category><![CDATA[Oanda]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[saxo]]></category>
		<category><![CDATA[volume]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=6747</guid>
		<description><![CDATA[I recently spoke with Drew Niv, CEO of FXCM Inc, the first publicly traded US forex broker (NYSE:FXCM). I had a chance to ask him about FXCM&#8217;s latest product: the Dow Jones FXCM Dollar index. We appreciate his comments and &#8230;<br/> <a href="http://forexmagnates.com/interview-with-drew-niv-ceo-of-fxcm/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Oanda adds more currency pairs</title>
		<link>http://forexmagnates.com/oanda-adds-more-currency-pairs/</link>
		<comments>http://forexmagnates.com/oanda-adds-more-currency-pairs/#comments</comments>
		<pubDate>Thu, 12 May 2011 14:50:40 +0000</pubDate>
		<dc:creator>Guest Author</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[foreign exchange]]></category>
		<category><![CDATA[Forex]]></category>
		<category><![CDATA[forex brokers]]></category>
		<category><![CDATA[forex market]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[FX]]></category>
		<category><![CDATA[FXCM]]></category>
		<category><![CDATA[Oanda]]></category>
		<category><![CDATA[retail brokers]]></category>
		<category><![CDATA[retail volume]]></category>
		<category><![CDATA[saxo]]></category>
		<category><![CDATA[Saxo Bank]]></category>
		<category><![CDATA[trading]]></category>

		<guid isPermaLink="false">http://forexmagnates.com/?p=6699</guid>
		<description><![CDATA[Oanda is the latest broker to offer new FX products after the introduction of the USD/BRL at Saxo and the Dow Jones FXCM Dollar index. Demand for emerging currencies from retail traders tends to peak during times of uncertainty which &#8230;<br/> <a href="http://forexmagnates.com/oanda-adds-more-currency-pairs/" class="readmore">Read more</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>E*Trade fined up to $300,000 by Dubai FSA for AML failings</title>
		<link>http://forexmagnates.com/etrade-fined-up-to-300000-by-dubai-fsa-for-aml-failings/</link>
		<comments>http://forexmagnates.com/etrade-fined-up-to-300000-by-dubai-fsa-for-aml-failings/#comments</comments>
		<pubDate>Tue, 03 May 2011 12:45:54 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Brokers]]></category>
		<category><![CDATA[Regulation]]></category>
		<category><![CDATA[censure]]></category>
		<category><![CDATA[charged]]></category>
		<category><![CDATA[DFSA]]></category>
		<category><![CDATA[dubai]]></category>
		<category><![CDATA[dubai financial services authority]]></category>
		<category><![CDATA[dubai fsa]]></category>
		<category><![CDATA[E*Trade]]></category>
		<category><![CDATA[fine]]></category>
		<category><![CDATA[foreign exchange]]></category>
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		<category><![CDATA[forex brokers]]></category>
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		<category><![CDATA[regulatory action]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=6529</guid>
		<description><![CDATA[Much like Saxo being &#8216;censured&#8216; by the Dubai FSA for similar procedural deficiencies DFSA just announced that it settled a case with E*TRADE which agreed to pay a $300k fine. It&#8217;s odd that both cases, though seemingly identical at first &#8230;<br/> <a href="http://forexmagnates.com/etrade-fined-up-to-300000-by-dubai-fsa-for-aml-failings/" class="readmore">Read more</a>]]></description>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>Interview with Metaquotes &#8211; Lenar Fatkhullin</title>
		<link>http://forexmagnates.com/interview-with-metaquotes-lenar-fatkhullin/</link>
		<comments>http://forexmagnates.com/interview-with-metaquotes-lenar-fatkhullin/#comments</comments>
		<pubDate>Fri, 29 Apr 2011 05:08:26 +0000</pubDate>
		<dc:creator>Michael Greenberg</dc:creator>
				<category><![CDATA[Software Developers]]></category>
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		<category><![CDATA[foreign exchange]]></category>
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		<category><![CDATA[lenar fatkhulin]]></category>
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		<category><![CDATA[metaquotes corporation]]></category>
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		<category><![CDATA[MetaTrader 5]]></category>
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		<category><![CDATA[mobile trading]]></category>
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		<guid isPermaLink="false">http://forexmagnates.com/?p=6313</guid>
		<description><![CDATA[I recently had a chance to interview Lenar Fatkhullin, the Marketing Manager of Metaquotes Corporation &#8211; the developer of world&#8217;s most popular forex trading platform. I wanted to discuss several things with Lenar &#8211; specifically the introduction of MT5 and its &#8230;<br/> <a href="http://forexmagnates.com/interview-with-metaquotes-lenar-fatkhullin/" class="readmore">Read more</a>]]></description>
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