A new forex company has been created by Andrey Dashin, founder of Alpari. The company will soon begin operating as a forex broker. This is an interesting move by a founder that has already built a well know brand at his relatively young age. For more details, here is the official press release: New Forex broker … “ForexTime Receives CIF License by CySec”
Category: Forex industry
FXCM Sees Lower Retail Volume, Higher Institutional One in
US based Forex broker FXCM reported a drop in retail trading volume during October, in comparison to both October 2012 and November 2011. On the other hand, institutional activity continues being a strong growth source for the company in comparison with previous months, but not when looking at 2011. FXCM recently reported a Shelf Registration Filing … “FXCM Sees Lower Retail Volume, Higher Institutional One in”
Citi and Tradable Partner to offer FX liquidity
Tradable, which recently won a prize at the Forex Magnates Summit, is collaborating with CitiFX in order to provide liquidity in forex. The partnership enables brokers on Tradable’s platform to trade on the CitiFX TradeStream. More details are in the press release below. Tradable, the award-winning open trading platform, has announced a partnership with leading … “Citi and Tradable Partner to offer FX liquidity”
US GFT Clients Transferred to GAIN Capital
U.S. based forex broker GFT is closing its retail business in the U.S. Its clients will be transferred to GAIN Capital (forex.com), which has acquired the retail business of the company. The transfer happens on December 7th 2012. While consolidation is natural part of a maturing industry, the closure of GFT in the US is … “US GFT Clients Transferred to GAIN Capital”
December 2012 Monthly Outlook Available
The Forex monthly outlook for December 2012 is available for subscribers of the Forex Crunch newsletter. For the second time, it is available both on the site and in PDF format.. To download it for free, just join the mailing list below. Welcome to December monthly report from Forex Crunch. November was a relatively busy month that … “December 2012 Monthly Outlook Available”
Forex Spreads Matter
As traders gain some experience, they realize how much of every trade actually goes to the broker, and they are naturally interested in paying less, says Paul Hayward, Head of Sales, OANDA Europe. I had the chance to speak with Hayward and Courtney Gibson, Vice-President of Trading at OANDA. In the interview below, they discuss … “Forex Spreads Matter”
Tools for Forex Trading Hours
Following the article: Best hours to trade for those who hate surprises, I have received letters about two interesting tools related to this topic. They are listed and linked below. If there additional tools, I’ll be glad to add them: Market Omen From the founder: ” I’ve been able to predict the hours in which currency … “Tools for Forex Trading Hours”
Forex Crunch Key Metrics – November 2012
November was marginally weaker than October in terms of page views. The initial rush at the beginning of the month was followed by stability, together with the not enough volatile markets. Yet again, the figure in November 2012 exceeds November 2011, as did each month in 2011 so far. Here are the numbers: Page Views: … “Forex Crunch Key Metrics – November 2012”
FX Solutions Partners with Trading Central on Technical Analysis
US based Forex Broker FX Solutions introduces new capabilities to its clients. By teaming up with Trading Central, clients of FX Solutions clients access to chartist and mathematical analytics. The announcement follows a recent one about Capped Variable Spreads from 0.8 pips that FX Solutions offers. For more on this partnership, here is the official press release: … “FX Solutions Partners with Trading Central on Technical Analysis”
Forex Magnates Summit: OANDA Wins Best Forex Broker Award
OANDA won the “Best Forex Broker” award at the Forex Magnates Summit held in London on November 14th. A panel of 15 judges awarded OANDA, which competed against 13 other brokers. OANDA recently launched a Google Chrome extension that enables trading. High technology was one of the reasons for the prize. LONDON – 20 November, … “Forex Magnates Summit: OANDA Wins Best Forex Broker Award”