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Forex Industry News

Forex Industry News

Bank of America Hires Former FXDD Executive, Tokyo Financial Exchange Releases Metrics

August 2, 2014 - by - Leave a Comment

The Bank of America has hired Sascha Szyfman as the Area Vice President in its Global Technology and Operations division. Previously, Szyfman worked for three years at FXDD, based in …

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Forex Industry News

Forex Crunch Key Metrics July 2014

August 1, 2014 - by - Leave a Comment

The second half of the year began with a positive change in traffic: stronger market volatility has a positive impact on all metrics, in comparison with the slower previous months. Hopefully this …

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Forex Industry News

FX Mash-Up: Norway’s Crown Won’t Be Sold, MetaTrader Market Report and JPMorgan Chase Appointments

July 31, 2014 - by - Leave a Comment

Norway’s central bank disclosed on Thursday that it has no plans to place any Norwegian crowns on sale this August in order to purchase foreign exchange for the nation’s sovereign …

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Forex Industry News

CME Group to Buy Derivatives Broker GFI Group as Expands Into FX and Energy Markets

July 30, 2014 - by - Leave a Comment

The world’s biggest futures exchange operator CME Group Inc plans to purchase derivatives brokerage GFI Group Inc as part of its expansion strategy into global FX and European energy markets. …

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Forex Industry News

Commerzbank to Lay off 450 Staff, FX Department Said to Be Unaffected

July 30, 2014 - by - Leave a Comment

Germany’s second largest bank Commerzbank AG Group plans to cut a further 450 jobs as it continues with its cost-cutting program that will ultimately see it slash a total of …

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Forex Industry News

MetaTrader Market in numbers [infographic]

July 30, 2014 - by - Leave a Comment

MetaTrader Market was launched back in February 2012 and has grown quite nicely since then. The infographic below, courtesy of MetaQuotes, gives us some idea about the number of products, …

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Forex Industry News

Beware of No Dealing Desk (NDD) Forex brokers

July 28, 2014 - by - Leave a Comment

You would have to be pretty ignorant not to notice that majority of retail Forex brokers are currently using a sales/promotion tactic which defines them as a ‘no dealing desk’ …

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Forex Industry News

Yahoo! Japan Launches Gulliver FX in London, Former Barclays Trader Heads to Credit Agricole

July 25, 2014 - by - Leave a Comment

Yahoo! Japan launched its new UK retail FX brokerage Gulliver FX which is registered and regulated by the Financial Conduct Authority. This isn’t the first time Yahoo! Japan is entering …

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Forex Industry News

FXBeat – an “always on” site for your forex trading

July 25, 2014 - by - Leave a Comment

FXBeat is a service for forex traders that want short, quick updates about news moving the markets as well as hard-to-find order data and quick, witty and swift analysis, all …

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Forex Industry News

UK Financial Regulator Launches Criminal Proceedings against Bogus FX Trader

July 24, 2014 - by - Leave a Comment

The UK financial regulator has commenced criminal charge proceedings against Philip Harold Boakes, a 54-year old broker from Stratford-Upon-Avon in Warwickshire after he swindled investors of their monies through his …

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