US Retail Forex brokers saw client assets on deposit increase in July, the increased volatility in FX markets during summer trading sure played a role in the increased assets on record. This is a positive sign for USA based FCMs on the just-released data from the CFTC after a few months of steady decline. Overall, Retail FX…
Read moreOANDA ups its US capital levels by about $40 million after seeing a similar capital drop in January following the events of the Swiss Franc spike.
Read moreAs one of the most hectic months in the history of Forex draws to a close, LeapRate has decided to remind everyone that today witnesses an important change in the US regulations for funding of retail Forex and futures accounts. As of today – January 31, 2015, the ban on funding the accounts of retail…
Read moreLeapRate Exclusive... LeapRate has learned that retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) and its Forex.com unit have sent messages to clients (see example below) that they will not be required to repay negative client balances in their accounts. That marks a quick reversal for Forex.com. On Tuesday we reported that Forex.com (as well as…
Read moreGAIN Capital COO Jeffrey Scott sold 39,750 shares at a total value of $330,211, as well as exercising options, for which he paid $137,850, generating net proceeds of $192,361
Read moreLeapRate Exclusive... LeapRate has learned that some retail forex brokers are now going about the (very difficult) process of trying to get their clients to repay negative client balances. A lot of retail forex traders (which were short the Swiss Franc) lost on paper more than their money on deposit. A lot more. For example, a…
Read moreOn a day when several of its rivals lost (a lot) of money or got by with a manageable amount of losses, Gain Capital Holdings Inc (NYSE:GCAP) has put out a statement that they actually turned a profit when all was said and done yesterday. We believe that Gain put the statement out to counter any…
Read moreThursday's results? FXCM down 15%, Gain Capital down -8%, IG Group off 4%, Plus500 down 4%, Swissquote down 4%
Read moreUS retail forex isn't dead yet, as American traders joined the world trading wave as volatility peaked in Q4.
Read moreRetail OTC trading volume came to $236.1 billion, an increase of 6.8% from November 2014, whilst institutional activity dipped by 6% in December with an average daily GTX volume of $17.2 billion
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