A lot of news is coming out of US forex broker FXCM recently. The broker enjoyed a surge in customer activity during September both in retail and in institutional trading. The impressing numbers are in line with numbers from other brokers, such as FxPro. In the M&A front, FXCM completed the acquisition of Foreland, a broker … “FXCM Continues Strong Growth, Debuts Rates on NYSE, Completes”
Category: Forex industry
FxPro Enjoys 32.5% y/y Growth in Trading Volume in Q3
FxPro announces the operating metrics for Q3 and there are a few interesting numbers. Trading volume has reached $302 billion, a 32.5% rise since Q3 2010 and 3.2% above Q2 2011. Unsurprisingly, EUR/USD is the most traded pair, with GBP/USD in the second place. What’s more interesting is that AUD/USD took the third place. Given … “FxPro Enjoys 32.5% y/y Growth in Trading Volume in Q3”
FXCM Partners with Bourse Direct to White Label Forex
Bourse Direct, a French financial broker, will white label the Trading Station platform of US Forex broker FXCM. This partnership is another move that extends the activity of FXCM. Bourse Direct has over 50,000 registered account holders that will now have access to the capabilities that FXCM France account holders have. This expansion follows the … “FXCM Partners with Bourse Direct to White Label Forex”
MahiFX Launches in February 2012 – Provides Nice Inforgraphic
A new forex broker, MahiFX is getting ready to launch in February 2012 in Christchurch, New Zealand. Before they launch, they have provided a funny teaser comparing your annual income with that of John Paulson. Here are all the details, the press release is below. And here is another opinion about this campaign. High Tech Meets … “MahiFX Launches in February 2012 – Provides Nice Inforgraphic”
CFTC Charges $6 million more from FXCM on Failure to
The case of US broker FXCM and positive slippage has another twist: FXCM has been ordered to pay an additional sum of $6 million to the CFTC. According to the case settled by both sides, the company failed to provide an equal treatment to all customes regarding adjustments in prices. It also failed to seriously … “CFTC Charges $6 million more from FXCM on Failure to”
Forex Crunch Key Metrics September 2011
September marks a return of regular traders from their vacations, and this was reflected in more page views / visit and a higher time on site. The ongoing crisis in Europe and also Bernanke’s twist contributed to the peaks in traffic during the month. All in all, the bottom line of page views was almost … “Forex Crunch Key Metrics September 2011”
Report: Gain Capital To Buy IBFX
There is a report about a significant and interesting deal in the US: Gain Capital, who is behind the lucrative domain name forex.com is set to acquire Interbank FX (IBFX). Gain Capital went public and has the resources to act. Another public US forex broker, FXCM has been active in acquiring other firms. There are … “Report: Gain Capital To Buy IBFX”
Currensee Publishes Free eBook About Alternative Forex Investment
Currensee, the first forex social network, has published a new e-book from Forex analyst John Forman.The eBook is named “The Smarties’ Guide to Alternative Investing in the Foreign Exchange Market.” The e-book aims to help individual investors understand how the world currency market works and demonstrates the hidden opportunities many investors are missing by not taking … “Currensee Publishes Free eBook About Alternative Forex Investment”
FXCM Sponsors the CNBC Million Dollar Portfolio Challenge
US Forex Broker FXCM enhances the cooperation with CNBC and will now sponsor the One Million Dollar Portfolio Challenge – a virtual trading contest where each participant get 1 million virtual dollars and can trade currencies as well as stocks. FXCM already sponsors CNBC’s Money in Motion Currency Trading TV show. With current stock market performance, will … “FXCM Sponsors the CNBC Million Dollar Portfolio Challenge”
Leverate Introduces Improved Client Reporting Interface
Leverate, which provides tools for forex brokers, launches significant upgrades to the client interface integrated with MT4 and other platforms in their Private Label offerings. The company, which got an investment from Saxo Bank, continues to work hard to enahcne their products. Leverate hopes that this new interface will allow liquidity providers to become more … “Leverate Introduces Improved Client Reporting Interface”