Forex trading Q1 summary - industry reshaped by Swiss Franc spike
Brokers, traders and regulators are each reexamining the dangers of excessive leverage as the forex industry continues to consolidate and adapt to a new environment.
Read moreBrokers, traders and regulators are each reexamining the dangers of excessive leverage as the forex industry continues to consolidate and adapt to a new environment.
Read moreIG Group Holdings plc (LON:IGG) has made it official – it is about to launch a dedicated trading app for Apple Watch. The UK CFD and stockbroking expert is planning to roll out the new solution as soon as the latest Apple's product is out there. This means the new solution by IG, called IG…
Read moreNadex, the Chicago-based derivatives exchange designed for the retail trader and regulated by the CFTC (Commodity Futures Trading Commission) is now available for global clientele. Part of IG Group Holdings plc (LON:IGG), Nadex is the only United States based regulated trading venue that specifically covers Forex, commodities and stock indices markets with Nadex's derivative binary and spread contracts.…
Read moreIG Group Holdings plc (LON:IGG), a global leader in online trading, announced today it will launch a Sunday trading offering, allowing clients to trade a selection of markets out of normal trading hours. IG’s new offering, which reflects the business’s aim of offering market-leading functionality to investors, allows clients to respond immediately to weekend events,…
Read moreIG Group Holdings plc (LON:IGG) has released its complete financial results for the first half of fiscal 2015 (IG has a May 31 year end). The results follow, and can also be seen here. We already reported that IG said the results will include record quarterly revenues for its fiscal Q2 (ended November 30, 2014).…
Read moreLeapRate Exclusive... LeapRate has learned from industry sources that leading UK spreadbetting broker IG Group Holdings plc (LON:IGG) is looking to buy forex brokers and/or their client lists in the wake of yesterday's heavy losses suffered by many in the industry. IG itself reported £30 million in Swiss Franc trading related trading losses with clients. A…
Read moreThursday's results? FXCM down 15%, Gain Capital down -8%, IG Group off 4%, Plus500 down 4%, Swissquote down 4%
Read moreThe Financial Times is reporting that global brokerage house IG Group said that it could face a hit of up to £30m ($45m) after the Swiss franc shot up near 30% and settled near parity with the euro following the Swiss National Bank's decision to remove its longstanding exchange rate peg of 1.20 EUR/CHF. An…
Read moreMaturing its new stock broking platform infrastructure, IG Group appoints new joint broker in Barclays Bank to provide further execution services to IG clients alongside Numis Securities.
Read moreIt has been quite a year in the forex industry in 2014. We're exiting the year with near-record volatility in key currency pairs such as the EURUSD and EURCHF, as well as Yen and Ruble pairs. The USD is at multi-year highs, while Crude Oil is at multi-year lows. Valuations of publicly traded forex brokers…
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