For traders who live by the economic calendar and for anybody trading the markets, it’s important to get the news fast. And almost all retail traders cannot afford a Bloomberg Terminal or any other high end system. An interesting offering has recently joined the scene, and it aims to offer accurate, curated, quick and attention grabbing breaking … “NewsImpact’s Real Time News keeps it simple and quick”
Category: Forex industry
How’s your broker’s spread in March? Detailed data for
TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade execution against other members’ brokers. TradeProofer release monthly reports on broker spreads to summarize how the community saw brokers’ spreads. This time we focus on March. The charts show spread distribution of each broker for a selection of 10 currency … “How’s your broker’s spread in March? Detailed data for”
Interview with FXStreet President Francesc Riverola on the industry,
This week we feature an interview with Francesc Riverola, the founder and president of FXStreet – one of the largest forex portals. We discuss trends in the forex industry, Francesc’s observation about the SNBomb, the future of forex as an asset class and lots more. You are welcome to listen, subscribe and provide feedback. After a … “Interview with FXStreet President Francesc Riverola on the industry,”
Forex Crunch Key Metrics March 2015
March saw an upswing in site metrics after a relative slowdown in February (after the SNBomb influenced January). Page views are up more than 15% in comparison to February and 75% in comparison to March 2014. What will we see in the April? Hopefully volatility will extend into the second quarter and beyond. Website: Page Views: 812,686. … “Forex Crunch Key Metrics March 2015”
FXStreet and FxPro kick off a new advertisement model
A beginning of a new era in forex advertising? Leading forex portal FXStreet reached an agreement with FxPro, a large forex broker, on a new advertisement model. FXStreet is beginning to implement the new vision on how to engage with partners and users. The portal aims to experiment with new placements and formats, generating new synergies … “FXStreet and FxPro kick off a new advertisement model”
How’s your broker’s spread in February? Detailed data for
TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade execution against other members’ brokers. TradeProofer release monthly reports on broker spreads to summarize how the community saw brokers’ spreads. This time we focus on February. The charts show spread distribution of each broker for a selection of 10 currency pairs. … “How’s your broker’s spread in February? Detailed data for”
Forex Crunch Key Metrics February 2015
The second month of the year was the second best month ever for Forex Crunch and a 65% y/y rise in page views, but in comparison to the amazing levels seen in January (featuring the SNBomb among other events), it represents a big fall. What will the ides of March carry? Hopefully a resumption of elevated volatility. … “Forex Crunch Key Metrics February 2015”
Saxo Bank: Potential class action lawsuit against the firm
A group of Saxo Bank clients that traded the Swiss franc and were hit hard by the SNBomb, have come together and contracted a law firm to represent them. Andersen Partners, a Danish firm that also has an office in Germany, is currently examining the documents of Danish and other Saxo clients for a potential class action lawsuit. … “Saxo Bank: Potential class action lawsuit against the firm”
Negative balances: warning the clients just isn’t enough
4 weeks after the SNBomb and some brokers are still going after negative balances of traders that went short on the franc and are now required to pay more than they deposited. Saxo Bank, which was heavily scrutinized a bit too harshly by the Wall Street Journal for taking a hard line against clients with negative balances, … “Negative balances: warning the clients just isn’t enough”
10 brokers still going after negative balances
While we are almost a month away from the SNBomb, the aftershocks are still felt. The sudden leap in the Swiss franc’s value left quite a few clients that shorted CHF in a case of a negative equity. Most forex brokers did forgive negative balances: accepted the liquidation of the clients’ accounts and didn’t demand them … “10 brokers still going after negative balances”