MT4 systems integrator Gold-i has announced the launch of Matrix 2.0, what it is calling its 'most significant product' since the company's inception. Gold-i reports that Matrix 2.0 has cost £1 million ($1.45 million) to bring to market. The company describes it as a super-fast and flexible modular liquidity management system which helps MT4 / MT5…
Read moreOutsourced FX connectivity services provider FXecosystem has announced enhanced network monitoring capabilities through a new partnership with Metamako, a leading specialist in deterministic network devices for some of the world’s leading financial institutions. Metamako’s network devices give FXecosystem’s clients the ability to ‘tap’ any in or outbound traffic across their entire network. They provide clients…
Read moreWe learned over the weekend that Axiory Global Ltd, an FX brokerage authorised and regulated by the IFSC (International Financial Services Commission) of Belize has brought aboard Spotware Systems cTrader platform. This platform announcement comes on the heels of the brokerage adding MT4 WebTrader from Fortex back in February. Axiory gears their brokerage towards professional traders looking for reliable technology…
Read moreA war has been brewing the past few weeks between some of the Philippines' largest forex brokers and the country's largest bank and financial institution, Metrobank. Philippines newspaper Inquirer is reporting that amid a clampdown by Philippines banks on their ties with money changers and remittance firms, a group representing local foreign exchange dealers is…
Read moreForex industry news at LeapRate this past week certainly had an Australian feel to it, with a number of key news items from down under in a region where the Forex sector continues to rapidly change - despite (or maybe in part because) the local regulator ASIC hasn't approved a new license to a Forex…
Read moreThe Foreign Exchange Professionals Association (FXPA) submitted written comments yesterday in response to the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) meeting held to look at how well the derivatives markets are functioning. The MRAC meeting focused on the impact and implications of the evolving structure of derivatives markets on the movement of…
Read moreCharting software and trading community TradingView announced yesterday the Chicago HQ'd company will start to enable trading of Forex and CFDs through FXCM, the largest U.S. retail and globally regulated Forex broker. Here’s their profile page on TradingView. TradingView announced that eventually it will support trading of more asset classes through a variety of different brokers. Further to this announcement,…
Read moreDMM FX Australia Pty Ltd (DMM FX) today informed clients that the company has made a business decision to cease its current operations in Australia. DMM FX is part of The DMM Group, a global provider of online trading services, known as one of largest FX providers based and regulated out of Japan. Clients are requested to close all…
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Google earns tens, if not hundreds of millions of dollars a year in ad revenue from Retail Forex (and other) brokers. However Google's recent ban on ads from PayDay Loan lenders clearly shows that Google is willing to forego ad revenue in favor of principle. Bart Burggraaf, Managing Partner at MediaGroup Worldwide takes an interesting…
Read moreFurther to our earlier report whereby CySEC ordered all regulated CIF firms to investigate any links to Mossack Fonseca, a Directive has been issued by Cyprus' anti money laundering unit MOKAS, clarifying Regulated Entities’ reporting obligations in relation to the publicly available list of persons which are included into the documents of Mossack Fonseca, referred to commonly as the…
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