The Australian Securities & Investment Commission (ASIC) announced today that it has banned a former Sydney trader, Jeremy Kaviraj Nambiar for a period of 8 years…
Posts published in May 2014
One of largest financial services firm is withdrawing its offering from the brokerage sector. IDM Brokerage, the country’s first listed broker-dealer will be co-operating with…
FX and CFD brokerage solutions provider and platform developer X Open Hub announced today its addition of a Multi Account Management (MAM) and Introducing Broker…
Global Futures & Forex Ltd (GFT) to Pay $200K Fine by CFTC to Settle Capital Violation Charges
The U.S. Commodity Futures Trading Commission (CFTC) has just issued an order which simultaneously settled charges against over a failure to comply with minimum financial…
Week That Should Be Important for British Currency
The Great Britain pound experienced weakness last week, faltering after an impressive rally versus the US dollar. This week is full of important events and may determine the performance of the sterling in the near…
A top European Central Bank (ECB) official, Yves Mersch, that many are unaware of Bitcoin’s risks and that the cryptocurrency faces legal uncertainty. His views were…
As the industry is increasingly nearing a saturation point, a new player is demonstrating its versatile solution to this problem. While weather forecasts are widely…
On Friday, after Forex Magnates brought to the attention of our readers that the CFH Group is to acquire 50% of Boston Technologies pending due diligence,…
CLS Member Daily Values Drop 10.5% in April to $4.79 Trillion down $560 billion from March
Foreign Exchange trading volumes submitted to CLS Group’s settlement and aggregation service have just been released for the month of April 2014, showing a dip…
Euro Recovers with No Help from Fundamentals
The general market sentiment and domestic fundamentals were not supportive for the euro at all. And this makes it very surprising to see the shared 18-nation currency relatively strong today, rising against some…