The companies are sued under the 2008 Farm Bill, the Dodd-Frank Act and the CFTC’s regulations. The 11 new lawsuits join 14 previous ones, making the total number 25. Some of the firms are based in the US, while others are from the British Virgin Islands, Belize, the UK, Australia and Cyprus. Here are their names: … “CFTC Sues 11 More Forex Companies”
Category: Forex industry
Leverate Introduces Economic Calendar and Live News Feed
Leverate, a software provider for forex brokers, launches a real time news feed and calendar in its products. The feed is available in 13 languages and can be integrated to all type of trading platforms. The calendar is updated in real time, without a need to refresh the page, and is available in 17 languages at … “Leverate Introduces Economic Calendar and Live News Feed”
Forex Crunch Key Metrics August 2011
August is usually a month of vacation for many people and a slowdown in the markets. This August was quite crazy, and this is reflected in the site stats. The beginning of the month saw a new daily record, around the credit rating downgrade of the US. Things eased towards the end of the month. … “Forex Crunch Key Metrics August 2011”
Oanda Japan Launched
US forex broker Oanda launches its operation in Japan, aimed at both institutional and retail traders. This follows the acquisition of a majority stake in Japanese broker MyGaika made last year. Oanda Japan, which is regulated by the local FSA, is diving into a big yet challenging market. Leverage is limited to 25:1 in Japan, … “Oanda Japan Launched”
Leverate Private Label Offering Empowered with New Tools
Leverate, which provides solutions for forex brokers announces enhancements to its offering – tools that help in attracting traders and maintaining them. Marketing, SEO assistance and forex tutorial videos can be integrated in their systems now. Leverate also offers tools for brokers to deal with traders: a behavioral analysis tool to dive into the traders’ actions and … “Leverate Private Label Offering Empowered with New Tools”
FXCM Announces Dividend, Reports Q2 Financials and July Metrics
US forex broker FXCM declared a quarterly dividend of $0.06 per share of Class A common stock, alongside reporting its financial operations for Q2 and July’s monthly metrics. FXCM’s revenue passed the $100 million mark and reached $103.4 million in Q2. Client equity has risen to $839.0 million — up 97% from a year ago and up … “FXCM Announces Dividend, Reports Q2 Financials and July Metrics”
Forex Scams: Things Can Get Really Ugly
Valeria Bednarik, Chief Analyst at FXstreet.com has been a victim of identity stealing. An unknown individual opened up an email account that resembles her name, and is using it to sell forex signals. That’s ugly. Not only is this person benefiting off somebody Bednarik’s reputation, but he is also damaging it: Bednarik doesn’t sell signals. So if you … “Forex Scams: Things Can Get Really Ugly”
Forex Crunch Key Metrics July 2011
Another month came to an end and a new one began. And this one definitely looks better. July saw better numbers in all parameters: better than June and better than May. The ongoing debt crisis in Europe (and a little bit in the US) had its contribution to the rise, despite the slower summer trading. … “Forex Crunch Key Metrics July 2011”
Saxo Bank Acquires 25% of Leverate
Leverate provides various software solutions for forex brokers, received a significant investment from Danish forex broker Saxo Bank. This partnership will also enable Saxo Bank to offer Leverate’s tools to banks and brokers. Leverate made some nice achievements in the past. I have previously written about their MT4 binary options tool, as well as MetaTrader for … “Saxo Bank Acquires 25% of Leverate”
Currensee Trade Leaders Program Launched in China
Currensee steps into China. With a jump in trading volume and prospects for more in the economic giant, Currensee dips into this huge market, also with a new website. The first social network and alternative investment company offers investors to invest their money into forex trading the same way they do with mutual funds. The … “Currensee Trade Leaders Program Launched in China”