Retail forex broker FXDD and the US National Futures Association (NFA) have agreed on a $500,000 settlement relating to administrative issues, as FXDD has been in process of exiting the US retail forex market making business to act as an introducing broker in the US. As we reported earlier, FXDD sold its US business to…
Read moreAs of January 31, 2015, retail FX customers in the United States will no longer be able to fund their accounts by credit card as the NFA's proposals have been accepted by the CFTC, with deposits by electronic methods such as Paypal also excluded.
Read more18 year established broker-neutral developer of algorithmic trading platforms for equities, foreign exchange and listed derivatives FlexTrade will provide its MaxxTrader system to ECN eFX broker Parabellum Markets to provide a turnkey front end
Read moreNorth American financial regulatory authority FINRA has conducted an extensive survey into consumer perspective toward the comprehensiveness of regulation for brokerages, with the majority having stated that they would welcome greater regulatory oversight
Read moreMONEX Group's total operating revenue decreased by 22%; decreased by 31% in Japan, decreased by 3% in China and increased by 1% in the U.S during the second quarter of the financial year ending March 31, 2015
Read moreWhilst many a firm has reported extremely healthy September volumes, Interactive Brokers net revenues in the three months to September 30, 2014 amounted to $171 million, down by 45% from the preceding quarter and down by 47.6% from the $326 million recorded in the same quarter a year ago
Read moreWhilst many retail FX firms have bowed out of the US market due to its ever increasing regulatory and operating costs and fierce competition from giants such as FXCM and GAIN Capital, Mirus Futures has applied for NFA membership
Read moreNew Forex Brokerage Service to Serve Needs of Professional and High-Net-Worth Investors
Read moreFollowing the election of Chairman Timothy Massad to the CFTC earlier this year, a series of senior appointments have been made. Yesterday, Commissioner Sharon Bowen announced the key personnel that will form the US regulatory authority's legal and policy team
Read moreThe ubiquitous MetaTrader 4 platform has been sidelined by US retail FX giant IBFX following its offloading of MetaTrader client base to FXCM. The trading platform of choice for the future at IBFX is its proprietary TradeStation
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