Tag Archives: tradestation

More Tradestation Interbank FX acquisition details

7 Comments

The announcement of the Tradestation – IBFX acquisition deal obviously generated much interest and discussions in the industry. Main question was whether indeed the price was a mere $17 million. Several of my sources mentioned that Gain may have eventually withdrawn from the deal I announced 2 months ago because there is a pending NFA fine against Interbank FX. Apparently IBFX may be soon fined for some execution flaws – however this has not been announced by the NFA yet so we have no way of knowing whether this will eventually happen.
Read more

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

A new US retail forex broker is born – OptionsXpress registers as an RFED

0 Comments

As expected OptionXpress has registered as an RFED with the CFTC and will soon become open for retail forex business. XPRESSTRADE, LLC (www.xtfx.com) is capitalized at $22,841,980 and already has $17,720 in retail forex customers obligations. OptionsXpress is the second ‘traditional’ broker to start offering retail foreign exchange after TradeStation.
Read more

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

Regulation and consolidation in the US market – number of brokers offering retail forex trading plummets 50% in 4 years

0 Comments

Having seen two US brokers go public in the last 12 months and many more withdraw and being bought it’s time to see what happened to US retail forex industry sinc regulation became more stringent. Bottom line is that since …
Read more

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

FINRA approves Monex Group's bid for TradeStation

0 Comments

On April 21 2011, Japanese Monex Group announced that it submitted a tender offer to acquire TradeStation Securities for about $411 million. Acquiring a financial business in most countries requires a regulatory approval and yesterday it was finally given to …
Read more

TAGS: , , , , , , , , , , , , , , , , , , , , , , , , , ,
zulu trade ava fx

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.