Forex broker FxPro is celebrating one year to its launching of the agency model. For the first anniversary of this big change in the broker’s model, here is an article taking a look back in retrospective. It has been a year since FxPro transitioned to an Agency Model of order execution across all of our trading … “FxPro’s Agency Model – One Year On”
Category: Forex Bits
MahiFX presents new, simple trade view features
New Zealand based forex broker MahiFX launches new trading features. The new design is meant to simplify trading for forex traders. MahiFX recently won the Best Trading System at the FStech Awards. More details are available from the press release below: 07 June 2013 – Monitoring numerous open positions can be challenging for even the most … “MahiFX presents new, simple trade view features”
Stiglitz’s “Suicide Pact” to describe the EU austerity looks
In 2012, Nobel Prize Winner Joseph Stiglitz had a very strong view of the Eurozone austerity plan…He described it as a “suicide-pact.” Nobody listened to him at the time and nobody is listening to him now. He noted that imposing austerity on the citizens of the EU would do nothing more than lead to the … “Stiglitz’s “Suicide Pact” to describe the EU austerity looks”
Gigantic Stock Market Crash Coming?
With the Stock Markets at all-time highs, is Irrational Exuberance back on the cards? Are you ready for the next stock-market crash of the century? The Hindenburg Omen was spotted by eagle eyes on April 15th. It was confirmed by a sighting on May 29th. It points to a stock market crash. Such a crash … “Gigantic Stock Market Crash Coming?”
FXCM Exercises Option to Purchase Additional 2.25% Convertible Senior
The financial moves by FXCM continue in a busy week for the US based Forex broker. After announcing the Pricing of Private Offering of $150 Million of 2.25% Convertible Senior Notes, the company now announces that the Exercise of Option to Purchase Additional 2.25% Convertible Senior Notes due 2018. More details are available in the press release … “FXCM Exercises Option to Purchase Additional 2.25% Convertible Senior”
FXCM Announces Pricing of Private Offering of $150 Million
The new continue flowing from the large, publicly traded broker FXCM. After publishing that it intends to privately offer $125 million of Convertible Senior Notes, FXCM now announces the pricing of the private offering of $150 million of 2.25% Convertible Senior Notes due 2018. Things are moving fast. More details are in the press release below: … “FXCM Announces Pricing of Private Offering of $150 Million”
Panda TS Buys Polar IO – Enters Binary Options World
The news from Panda Trading Systems continue pouring in. After announcing that FxPro WebTrader will be powered by Panda Trading Systems, the Israeli software provider now announces that it is acquiring Polar IO Software, Ltd., a software company that specializes in development of front end interfaces for binary options, as well as pricing algorithms for various types … “Panda TS Buys Polar IO – Enters Binary Options World”
FXCM Intends to Privately Offer $125 Million of Convertible
US based Forex Broker FXCM announces that if market conditions (and other conditions) allow, it will offer $125 million in convertible senior notes, that are due in 2018. The money will be used for general corporate purposes and future acquisitions, among other uses. FXCM recently reported a record in revenue during Q1. For more on … “FXCM Intends to Privately Offer $125 Million of Convertible”
FxPro WebTrader Will Be Powered by Panda Trading Systems
Panda Trading Systems, a provider of online trading software systems, will power the brand new MetaTrader 4 trading platform launched by FxPro. When FxPro announced the closing of the Australian offices, it talked about focusing on new products, and we now get one of the fruits. For more details, here is the press release: Panda … “FxPro WebTrader Will Be Powered by Panda Trading Systems”
Morning Commentary- May 27, 2013
With the U.K. and United States both observing bank holiday’s today, volumes will most likely be light and therefore could make for some interesting trading patterns and volatility. Data flow has been almost non-existent, although the overnight session did kick off with the release of the minutes from the Bank of Japan’s (BoJ) latest monetary … “Morning Commentary- May 27, 2013”