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Forex Industry News

Retail FX Broker Plus500 Announces First Half 2014 Interim Results

August 14, 2014 - by - Leave a Comment

Forex brokerage Plus500 saw its revenues in the first half of 2014 more than double to $106.2 million. This is outstanding considering that most FX companies have reported low volumes …

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Forex Industry News

Gain Capital Announces July’s Trading Metrics, Q2 Results

August 12, 2014 - by - Leave a Comment

Gain Capital released its monthly metrics for the month of July, which shows a decline of 10.52 percent MoM to $575 billion compared to $636 billion in June. Institutional volumes …

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Forex Industry News

FX News Mash-Up: Canada’s Regulator Warns Investors, BOCHK Extends Clearing House Operating Hours

August 12, 2014 - by - Leave a Comment

Canadian financial regulator Autorité des Marchés Financiers (AMF) warned investors in Quebec province about using binary and forex trading platform, listing some 24 firms that operate without authority in Canada. …

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Forex Industry News

How Important is LIBOR to Traders?

August 12, 2014 - by - Leave a Comment

Prior to the world economic crisis that started in 2008, most traders paid very little attention to the LIBOR rate. Then, the rate shot up and LIBOR made headlines around …

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Forex Industry News

MetaTrader makes it easier to sell signals – no test

August 11, 2014 - by - Leave a Comment

MetaQuotes, the company behind MetaTrader 4 and MetaTrader 5, has just removed the mandatory test period before providers can sell signals. Here is more information from their page: For providers’ convenience …

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Forex Industry News

India’s Forex Reserves Decline $573.5 Million to $319.99 Billion as of Aug. 1

August 10, 2014 - by - Leave a Comment

India’s foreign exchange reserves plunged by $573.5 million to close at $319.99 billion in the week through August 1 due to a sharp decline in currency assets, showed the Reserve …

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Forex Industry News

FX Industry News Roundup: SNB July FX Reserves and CLS Group July Trading Metrics

August 8, 2014 - by - Leave a Comment

The Swiss National Bank’s FX reserves increased in July, according to data released on Thursday. The central bank disclosed that it had 453.391 billion Swiss francs (US$499.55 billion) in FX …

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Forex Industry News

DFM Registers 5 New Margin Traders, GoldenSource Appoints Sales Chief

August 6, 2014 - by - Leave a Comment

Equity derivatives trading sector is poised to grow in Dubai after the Dubai Financial Market disclosed that it had assimilated five new margin trading brokers. This brings the total number …

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Forex Industry News

FX Mash-Up: Banks Set Up Compliance Units, FXStreet Recognized, EXNESS FX Volumes

August 5, 2014 - by - Leave a Comment

The ongoing investigations into the allegations of manipulations of forex market benchmarks has spurred most major banks to consider setting up compliance units in order to ensure that its FX …

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Forex Industry News

FX News Round-Up: Monex FX Volumes, EBS FX Figures, Liquid Markets Moves to London

August 5, 2014 - by - Leave a Comment

Japanese FX broker Monex Group Inc announced its global FX volumes for July, which indicated that volumes fell 7.9 percent compared to June. The July’s trading figures, at $29.0 billion, …

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