The Russian parliament has just passed the first Russian forex regulation bill on the second reading turning it into law. It is now official –…
Posts published in December 2014
Managed investment services are a key product for many brokers, but do come with their own set of difficulties. Mutual funds, which comprise the lion’s share of…
Mango Pay Partners with Avra to Turn Kiosks into Bitcoin ATMs, Bring Digital Currency to Dominican Republic
Mango Pay, a payment processing and money transfer business based in the Dominican Republic, has partnered with Avra Inc. to bring Bitcoin to its kiosks.…
Canada-based Vogogo has added another two bitcoin exchanges for payments support, QuadrigaCX and BitMEX. Vogogo aims to take on the load of risk management, compliance and security…
Dutch Financial Watchdog Warns about Ftradition, a Suspected Seychelles Boiler Room Scam
The Netherlands Authority for the Financial Markets (AFM) has issued a warning today against the unlicensed broker, Ftradition Ltd. The name of the company also sounds a…
A California man, Ethan Burnside, has been fined a total of $58,387.07 by the Securities and Exchange Commission (SEC) for breaching securities regulations through his operation of…
IronFX Rumored to Plan a US-Based IPO – the Questions to Be Asked
Q4 2014 is certainly spiking with rumored IPO activity. Last month, Forex Magnates published that as fast as it had rolled them out. Anyoption, which …
Canadian Self-Regulatory Organization Revises FX Margin Requirements
The Canadian FX regulatory environment is one of the strictest in the world and has a very unique structure. Aside from the various provincial regulatory…
Crypto Markets Deep in the Red, Bitcoin Dives to $340
Crypto markets fell sharply on Tuesday, putting a damper on hopes that the recent momentum is a precursor to a larger recovery. Interestingly, the declines are simultaneous…
Euro Gets a Temporary Boost
Euro is heading higher today, gaining ground against most of its major counterparts, as commodities gain and as Forex traders consolidate previous positions. Earlier, the euro had reached a two-year low…