After a surprising 7% (or $41 million) rise in July, client assets held by regulated US retail forex brokers continued their slow but steady decline in August, shedding 2%, or $12.3 million. Total client assets held now sit at $619.7 million, as at August 31, 2014. The industry remains fairly concentrated, with the 'big three'…
Read moreCFTC monthly November data show a further 4% decline in client assets held by US forex brokers. (Over-) regulation continues to take its toll in the US retail FX business. CFTC's just-released November data showed continued erosion of assets held by US retail FX traders at their brokers. This wasn't a case of clients migrating…
Read moreVery little money changed hands, for FXCM to acquire Alpari US's $10 million in client assets. As we predicted would happen, all but the largest US retail forex brokers are one by one deciding to exit the US market, and focus their efforts elsewhere. The problem has nothing to do with the true dynamics of…
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