Leading CySEC and FCA regulated broker FxPro today announced key execution statistics registered during the months of April, May and June 2016. The statistics show a slight increase in positive slippage and a drop in requotes. The second quarter of 2016 was yet another busy period for FxPro with many developments taking place, including the…
Read moreFxPro has reported positive slippage rate of 44.9%, an at quote slippage rate of 34.4% and a negative slippage rate of 20.7% for the second quarter of 2015
Read moreFXPRIMUS has reported 71.2% execution at clients requested price, and 15.1% executions with positive slippage, with average latency for the month of May standing at 242 milliseconds
Read moreRetail Forex broker FxPro, which is amid the handful of online trading companies committed to providing regular detailed reports on their operating statistics, today revealed some trading metrics for March 2015. The metrics showed the company remains devoted to beefing up its execution technologies and the overall trading experience for its clients. A piece of…
Read moreThe SEC alleges that former ConvergEx CEO ordered staff to suspend 'take profit' when customers were monitoring execution prices.
Read moreWill other UK brokers face similar action for asymmetric slippage? As we reported earlier, the UK arm of FXCM (NYSE:FXCM) has entered into a settlement agreement with UK's Financial Conduct Authority (FCA). The agreement is concluding and old issue for the company related to order execution practices (asymmetric slippage) between August 2006 and December 2010.…
Read morePress release follows. Full details and background coming soon at LeapRate.... The Financial Conduct Authority fines FXCM UK £4 million for making 'unfair profits' and not being open with the FCA The Financial Conduct Authority (FCA) has fined Forex Capital Markets Ltd and FXCM Securities Ltd ("FXCM UK") £4,000,000 for allowing the US based FXCM…
Read moreLesson learned? Don't fight your regulator, even if you think you're right. The CFTC (and NFA) seems to have it in for FXDD, unless this is just a coincidence (which we believe it is not). For the second time in just two weeks, the CFTC has announced fines against the leading forex broker for two…
Read moreNFA using clear bully tactics against FXDD. The NFA has announced what it is calling "emergency enforcement action" against FXDD, forcing the retail Forex dealer (and U.S.-regulated NFA member) to place $3.3 million in escrow pending the outcome of NFA charges surrounding (mainly) price slippage. Some background -- beginning last year, the NFA went after…
Read moreSlippage settings must now be uniform and symmetrical.
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