Category: News

FXall offering likely postponed until Q1-2012 at the earliest.

Gain Capital’s just-filed quarterly 10-Q report has shed some more light on its recent acquisition of dbFX. And as we speculated when the deal was announced back in April, very little money changed hands.

Specifically, Gain’s Q2 reveals that:

US Retail Forex Volumes are down significantly from 2010 levels.

FXCM today reported its third quarter results for 2011.

Ilgar Rustamov to join Philip Morris. 

Forex software provider Boston Technologies (see them in LeapRate's Forex Industry Report) today announced the addition of an FX options trading solution, developed in partnership with FX Bridge. It certainly seems as though Forex brokerage firms, as well as those leading software companies which serve them, are banking on increased FX options trading in the future.…

eForex Volumes up 7%

Leading Swiss online trading firm Swissquote (a member of LeapRate's Approved List of Forex firms) reported today strong results for the third quarter of 2011 with:

Per Felix Shipkevich at his CFTCLaw blog, the NFA has finalized several proposed amendments to rules governing forex dealer members ("FDM"s), including new rules on daily, monthly and quarterly reports whcih FDMs must now make to the NFA. For more details see https://www.cftclaw.com/2011/10/nfa-finalizes-forex-amendments/.

Gain Capital (Forex.com) announced its Q3 results late last week, confirming what we have seen from other firms such as FXCM and FxPro – trading volumes were way, way up during Q3, in the wake of tremendous volatility in both the FX and equity markets. However, Gain's Q3 report did include some surprises, including:

... also a new website, and launch of the Forex Yellow Pages and Forex Exec Search

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