Lifetime value of retail FX clients is of increasing importance to brokers, especially with retention costs at an all time high. Could FxPro's Infinite Card keep clients engaged and minimize withdrawals? FxPro has today announced the launch of its own branded prepaid card under the designation of FxPro Infinite Card. As the card is issued…
Read moreTransatlantic talent joins LCH.Clearnet in senior position, joining the board of directors on April 25, with additional responsibility as Chair of the firm's US division LCH.Clearnet today announced that Jill Considine has been appointed to the Board of Directors of LCH.Clearnet Group. Jill will join the Board on April 25, 2014. She will also serve…
Read moreSpotware Systems breaks into the American market with live and demo cTrader accounts now available at MB Trading The retail FX industry in North America has become a very poignant subject of discussion since the instigation of the Dodd-Frank Act and its extremely conservative associated rulings which stipulate that all FX brokers have at least…
Read moreThe independence of social trading continues as X Open Hub includes ZuluTrade in its broker solution The onset of opensource solutions with which FX brokers can select the modus operandi themselves prevailed last year, with many technology firms understanding that brokers need to differentiate their product ranges from those of their competitors. This applies also…
Read moreMergers and acquisitions within the FX industry continue as GAIN Capital acquires CFD advisory service Last year was a period during which many FX companies sought to broaden their horizons by acquiring specialist companies which operate in specific niches. Today, US stalwart GAIN Capital (NYSE:GCAP) has provided evidence that the need for firms to both diversify…
Read moreSentiment analysis ‘trending’ tools gaining traction in both Forex and Equity trading worlds Those of you who have recently visited popular financial portal MarketWatch.com, a Dow Jones / Wall Street Journal brand, may have noticed a new ‘Trending on Twitter’ bar at the bottom of their home page. Rather than reporting on the latest escapades…
Read moreFirst Derivatives, CQG and DirectFX partner to add OTC FX trading over the CQG network using First Derivatives technology British financial software and consulting firm First Derivatives (AIM:FDP.L) has today announced that OTC FX trading will become available via the company's Delta Flow trading platform over the CQG network. This addition to CQG's service is…
Read moreFCA-registered multi-asset electronic trading firm City Index embraces social trading as British authorities prepare to classify such systems as investment managers Social trading and copy trading networks gained extensive attention from all participants in the retail trading field last year, mainly due to their established presence and proven means of engaging customers and improving lifetime…
Read moreUS-based clients issued with notice that open positions will be liquidated on April 16 at market rate, overseas business to continue and US futures client base to be transferred to Advantage Futures US institutional FX broker and liquidity provider ILQ has announced that it is to cease its entire retail forex business in North America…
Read moreIEX aims to remove high frequency traders’ advantages by introducing 350 ms delay on all orders IEX is gaining momentum with equity traders. Will it also make its way to FX? Conservative risk management of order flow and David Einhorn may well be considered two polar opposites, however the billionaire hedge fund manager has purchased…
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