Russell Andrew Johnson, former director of former Saxo Bank A/S IB Sonray Capital Markets has been committed to six years imprisonment as a result of the company's $46 million demise. The series of events which led to the final sentencing of Russell Johnson, former director of Sonray Capital Markets, by the Australian authorities has…
Read moreAfter seven years as Commissioner during a time of regulatory overhaul at the CFTC, Bart Chilton moves to pastures new Former Commodity Futures Trading Commission (CFTC) Commissioner Bart Chilton has joined international law firm DLA Piper in the capacity of Senior Policy Advisor, having commenced his duties on April 15. Mr. Chilton's tenure at the…
Read moreGAIN Capital's acquisitions policy continues as it acquires majority interest in Global Asset Advisors and Top Third AG Marketing The mergers and acquisitions activity among retail FX's large firms continues as GAIN Capital (NYSE:GCAP) has announced that it has completed the acquisition of two specialist firms. Last month, LeapRate reported that the company was to…
Read moreRisk management and proper practice has prevailed in one specific OTC derivatives asset class in Australia - the trading of wholesale electricity Australia is well recognized among OTC derivatives firms worldwide as being a highly efficient jurisdiction in which to do business, a reputation which has gained it acclaim among many of the large FX…
Read moreCySec commenced consultation on the exposure to company directors and shareholders recently. Advocate Tal Ron extrapolates the caveats to be considered by FX firms including the splitting of capital between bank accounts On April 10 this year, CySec issued a consultation paper which relating to the exposures to directors and shareholders. In order to ensure…
Read moreSubstantial increase in net revenues to $355 million demonstrates Interactive Brokers' assured place as one of America's most successful retail FX firms Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) yesterday reported its quarterly metrics for the first three months of 2014, depicting a very healthy start to the year for the company. Diluted earnings per…
Read moreA year and a half after its launch, Windsor Brokers' GWAZY platform gains an IB portal, an essential component for relationship-based client acquisition Introducing a proprietary trading platform to meet the requirements of a specific target market is a somewhat costly and resource-hungry task, however for Cyprus-based Windsor Brokers, continued investment in exactly that is…
Read moreFew electronic trading companies in history have demonstrated the tenacity of KCG, which has recovered from adversity in less than two years America's conglomerates are often extremely astute when it comes to restoring the status quo following an unpredicted spot of misfortune. In relative terms, one year and eight months is a very short time…
Read moreMediaGroup London's Bart Burggraaf looks at real-time bidding as a method by which FX brokers could efficiently fine-tune their cost model when purchasing advertising space for banner placements Much has been said about the different marketing tactics used by brokers. An average media mix consists of PPC advertising, SEO, Display advertising, email advertising, some print…
Read moreFollowing the recent implementation of new rulings by the New Zealand FMA, the gateway to the Asia Pacific region has widened further. Jake Amar, CEO and Co-founder of Mercer FX talks best execution, investment in bespoke solutions, client loyalty and the future of retail FX brokers as bona fide financial institutions The long and often…
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