FastMatch more than doubled its average daily volume for December in one day during the sharp changes in the market caused by the Swiss National Bank's removal of the 1.20 peg on EURCHF, whilst FXCM looks to offload its 32% share in the company
Read moreCopenhagen based retail forex broker Saxo Bank has issued an update on Swiss Franc Black Thursday, and how trading that day may affect the company's financial reports. Saxo Bank reports that due mainly to negative client balances on which it may not be able to collect, the bank may be forced to take a loss…
Read moreEXNESS will cover negative balances caused by the recent black swan event concerning the Swiss franc. The firm's statement confirms that balances affected will be compensated so as to bring Equity to $0. EXNESS also confirms that it always automatically compensates for negative balances in client accounts
Read moreCME Group's emergency action allows its Global Command Center to modify the amount of a price limit expansion, remove price limits at any time, determine whether a specified trading halt will be observed, and determine the products considered a Primary Futures Contract for purposes of expanding price limits
Read moreThe Malta Financial Services Authority is requesting that any license holder affected by the Swiss franc market event should inform the regulator immediately without undue delay. In the affirmative, the EU regulator states to kindly provide them with the following: 1. your comments regarding the materiality of any losses (whether realized or unrealized) vis-à-vis the…
Read moreIn the aftermath of the market volatility last Thursday as a result of the Swiss National Bank's removal of the 1.20 floor on EURCHF, the NFA is looking to amend its rulings on leverage
Read moreFurther to last Thursday's extreme volatility caused by the Swiss National Bank's removal of the 1.20 floor on the EURCHF currency pair, FxPro will reinstate trading on CHF crosses at 14.00 GMT, with leverage set at 1:10 in order to protect the interests of clients
Read moreSpotOption Chairman Pini Peter speaks to LeapRate about why binary options brokerages and traders were relatively immune to the effects of last week's drastic moves, and what it means for the future of the Binary industry.
Read moreFollowing a temporary suspension of payment to certain FX brokerages at the end of last week resulting from the market volatility caused by the Swiss National Bank's removal of the 1.20 floor on EURCHF, Skrill has begun reinstating payments to brokerages
Read moreEXNESS has reinstated trading with pairs which include the Swiss franc and Russian ruble, however the company has adopted conservative leverage limits
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