Retail trading
US regulators fine forex trading companies $1.8m for fraudulent retail FX trading scheme
New York court fines three companies and bans them from trading in off-exchange market
Alpari registers in New Zealand, signalling pursuit for safe-haven markets
Retail brokers pushes out to New Zealand
FXCM revenues up; gets increase in credit facility
Margin forex broker sees revenues up despite fall in volumes
Australian regulators clamps down on leveraged forex trading
Australia joins global regulators to roll out rules protecting retail foreign exchange client assets
The platforms of 2012: Hotspot FX
Knight Capital, the parent company of Hotspot FX, has endured a torrid month following a software glitch on August 1 that cost it $440 million, but Hotspot appears to have weathered the storm. In the second of a series of articles assessing the…
Saxo boosts platform performance for Chinese users
The Danish investment bank has completed a programme of investment in its network to improve the SaxoTrader platform for users in China, cutting connection time by 60%
MAS tests new rules for margin FX trading
Singapore looks to reduce over-leveraging by retail FX traders
Oanda promotes Asia head to CEO
K Duker, head of Oanda's Asia-Pacific division, is to relocate to Toronto to succeed Michael Stumm as chief executive
Saxo appoints Malamatinas to chair board
Dennis Malamatinas has replaced Kurt Larsen as chair of the board of Saxo Bank
In the public interest?
British Virgin Islands-based foreign exchange brokerage InterForex received a permanent injunction from the CFTC last month for soliciting business from US clients as an unregistered dealer. But the injunction was not in the public interest of preventing…
Barx architects unveil MahiFX retail platform
David and Susan Cooney, who both worked on Barclays Capital’s flagship e-commerce platform in its early days, expect MahiFX to be available for trading later this month
The rise and rise of retail FX
Questions were raised in July when the Bank of England’s FX joint standing committee revealed a jaw-dropping 23% increase in UK turnover between October 2010 and April 2011. Among a number of drivers contributing to the increase, the most notable is the…
Knight Capital to launch Hotspot Private Label by end of the year
Private label offering includes administrative and risk management tools and full reporting capabilities
Spotlight on: Glenn Stevens, Gain Capital
The retail broker’s chief executive talks to Farah Khalique about the changing nature of retail foreign exchange, the advent of tighter leverage limits in the US and Japan, and Gain Capital’s recent acquisition of dbFX from Deutsche Bank
Best retail platform: Citi
Citi wins top spot in retail category, in recognition of the success and growth of CitiFX Pro since its launch in 2008
Oanda lands in London
Managing director Antony Broadbent tells of plans to continue a move into institutional FX
Social FX trading grows, brings more transparency to retail market
After the success of its 'trade leaders' programme, Currensee looks with interest at other asset classes
Retail FX poised for further growth in Asia, says Aite Group
Aite Group identified demographic trends, internet penetration and potential returns in financial turmoil as the key drivers for the strong performance of retail platforms
Global FX Division establishes FXPB
The Global FX Division (GFXD) of AFME/SIFMA/ASIFMA announced the formation of a working group to focus specifically on the challenges and issues surrounding global FX prime brokerage (FXPB) and to implement over-the-counter FX clearing for clients.
FXCM raises $50 million for acquisitions
Retail trading company FXCM raised $50 million in primary proceeds for acquisitions in the first day of trade on the New York Stock Exchange on December 2, said company chief executive Drew Niv, in New York.
JP Morgan offers streaming spot DXY
JP Morgan is pushing out streaming tradable spot prices for the US dollar index (DXY) over its electronic trading platform MorganDirect, with liquidity across a full forward curve and the ability to roll positions automatically.
Retail brokers slammed by NFA
Gain Capital and Ikon Global Markets have been fined by the US National Futures Association (NFA) for practices that put clients at a disadvantage.