Forex Market News
Mt Gox Bitcoin Exchange Goes under Administration, Payments Frozen
Apr 16 2014 10:24:12 Maria Nikolova in Market
Fans of virtual currencies suffered a heavy blow today, as Tokyo-based Mt. Gox, the leading Bitcoin exchange, officially announced that it had went under provisional administration.
Moscow Exchange Introduces New Volatility Index
Apr 15 2014 13:48:24 Maria Nikolova in Market
Lately, whenever the talk is about on-exchange or over-the-counter trading in Russia, one key word pops up: “Volatility”.
Belgium's Regulator Cautions about Broker BFXOption
Apr 15 2014 07:59:49 Maria Nikolova in Market
It has been nearly a month since Belgium's Financial Services and Markets Authority (FSMA) has not issued a warning against a binary options broker but the watchdog has just broken the silence with an alert against BFXOption.
Russia Cuts Capital Requirements for Forex Brokers
Apr 13 2014 18:44:53 Maria Nikolova in Market
Over the past six months or so, we have grown accustomed to hearing gloomy news about the upcoming Forex regulation in Russia – the second reading of the Forex bill was postponed a number of times, while senior officials like Sergey Shvetsov have been racing to pledge restrictions.
Broker Magline Investments Pulls Back its Cypriot License
Apr 11 2014 10:26:05 Maria Nikolova in Market
Cyprus is an island that keeps a tight lid on binary options trading, with the Cyprus Securities and Exchange Commission (CySEC) famous for its strict measures against unregulated brokers active in this sector.
Maltese Regulator Warns Against FX Direct Dealer, Sky Forex
Apr 09 2014 06:47:15 Maria Nikolova in Market
The Malta Financial Services Authority (MFSA) on Tuesday issued a warning against two Forex brokers – FX Direct Dealer and Sky Forex.
Canadian Watchdog Issues Alert about Risks of Virtual Currencies
Apr 08 2014 10:03:50 Maria Nikolova in Market
One of the most active and rigid financial regulators – the Ontario Securities Commission (OSC), has issued an alert about the real risks of virtual currencies, adding to the growing chorus of warnings against Bitcoin and its alternatives.
CFTC Slaps $275,000 Penalty on CMS Forex over Capitalization Flaws
Apr 08 2014 06:10:20 Maria Nikolova in Market
The United States Commodity Futures Trading Commission (CFTC) on Monday imposed a $275,000 penalty on Forex broker Capital Market Services, LLC (CMS) over failures to meet requirements for the capitalization of Futures Commission Merchants (FCM), Retail Foreign Exchange Dealers (RFED) and FDMs.
Forex Newbie 24FX Gets Its First Regulatory Warning
Apr 07 2014 06:44:19 Maria Nikolova in Market
It was less than two weeks ago that we reported about 24FX – a new Forex broker, having emerged in Cyprus.
MF Global Ordered to Repay $1.2B to Customers
Apr 04 2014 10:30:00 Maria Nikolova in Market
In case you are interested in the history of financial firms' bankruptcies, you could not have missed the story of MF Global, the US-based futures commission merchant (FCM) which went insolvent in October 2011, leaving all of its customers with substantial losses.
Ukrainian Forex is Still Alive: IronFX Joins UCRFIN
Apr 02 2014 10:43:38 Maria Nikolova in Market
Given the complicated situation in Ukraine, many of us must have slapped a label “out of order” on this spot on the map: but the Forex industry in the country appears to be alive and kicking, or at least this is what the activity of local Forex brokers shows.
Moscow Exchange Sees Another Forex Turnover Record in March
Apr 01 2014 18:07:25 Maria Nikolova in Market
Moscow Exchange (MOEX), the biggest marketplace in Russia for trading stocks and Forex, earlier today announced the metrics for March 2014, with the month witnessing one more record in terms of FX turnover for the group. The average daily Forex turnover last month reached massive RUB 1.
New Zealand's FMA Has More Powers, New Rules Come into Effect
Apr 01 2014 06:53:07 Maria Nikolova in Market
We are not certain about the source of love of regulators for making decisive moves on April Fools' Day but the reality is that radical changes in financial regulation tend to happen precisely on this day.