Forex Market News
Searching for the Alpha
May 25 2014 08:45:55 Petar Momchev in Market
Alpha is generated by regressing the security or mutual/hedge fund`s excess return on the benchmark excess return.
In the times of deleverage, quantitative easing, geopolitical problems and general economic uncertainty the search for alpha is getting much harder.
FCA Fines Barclays £26M for Manipulating the London Gold Fixing
May 23 2014 13:53:44 Stanimir Zhelev in Market
The Financial Conduct Authority (FCA) has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to the Gold Fixing. These failures continued from 2004 to 2013.
Quotix adds Nordea Markets as a Liquidity Provider
May 09 2014 13:18:21 Stanimir Zhelev in Market
Quotix Ltd, an FX aggregation provider, has announced that it adds connectivity to Nordea Markets. Quotix is currently integrated with the Tier-1 makers such as Bank of America, Barclays, BNP Paribas, Citi, Commerzbank, Deusche Bank, Goldman Sachs, JPMorgan, Morgan Stanley, Nomura, RBS and UBS.
Forex Scam: Mauritius FSC Warns About FxLiveFx.com
May 08 2014 11:37:24 Stanimir Zhelev in Market
The company operating FxLiveFx.com is not regulited by Mauritius Financial Services Commission (FSC), warned the regulator in a press release.
According to the broker's website, FxLiveFx is regulated by FSC in Mauritius and ASIC in Australia:
ASIC Regulation No.
Binary Options and Forex Trading: Why This Just Might Be a Match Made in Heaven
May 07 2014 10:40:50 Stanimir Zhelev in Market
Forex is awesome, and expanding your portfolio is never a bad idea. If you’re looking for a way to change things up a bit, give Binary a shot. By pairing binary options with forex, you may enjoy a better return on investment.
ForexRazor.com Releases Customizable Home-Page Dashboard
Apr 30 2014 14:24:41 Stanimir Zhelev in Market
Built by traders for traders, Forexrazor.com – offering free trading tools with a focus on maximum precision and transparency – has released its industry-first, customizable home-page dashboard.
A very easy-to-use custom start page, ForexRazor.
Forex Scam: FCA UK Warns Against Euro Solutions - Esfx.co.uk
Apr 30 2014 11:30:55 Stanimir Zhelev in Market
FCA believes Euro Solutions (esfx.co.uk) has been providing financial services or products in the UK without authorisation.
Virtually all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by FCA.
US Forex Accounts Number Hit New Low in Q1 2014
Apr 29 2014 17:31:11 Stanimir Zhelev in Market
US retail Forex brokers have disclosed their client profitability and active account numbers for Q1 2014, Forex Magnates reports. During the first quarter, active forex accounts held with US brokers have fallen to 94 869, with 1718 less than in Q4 2013.
Forex Scam: FCA Warns of Mnfx.co.uk
Apr 23 2014 19:53:51 Stanimir Zhelev in Market
Fraudsters operating www.mnfx.co.uk have cloned the regulated firm MN Financial Services Ltd and have used its name to offer forex trading in UK. To make things even easier for the fraudsters, the cloned firm has no official website.
FXOpen Sets up New Office in Egypt
Apr 20 2014 08:30:57 Maria Nikolova in Market
FXOpen, the Forex broker originally based in New Zealand, has announced the launch of a new office in Egypt's capital Cairo. The new premises will be located on the 19th floor of the World Trade Center, a central venue in the Egyptian capital.
GAIN Capital's GTX Gets Temporary Registration as SEF
Apr 17 2014 19:53:10 Maria Nikolova in Market
Only a couple of hours ago, the Commodity Futures Trading Commission (CFTC), the big-teeth watchdog of the United States, announced that it had granted a temporary registration as a swap execution facility (SEF) to GTX, a subsidiary of Forex major GAIN Capital.
Binary Options Broker GFTrades Disappears after Regulatory Warning
Apr 17 2014 11:46:44 Maria Nikolova in Market
The website of binary options broker GFTrades has stopped functioning after Swedish financial regulator Finansinspektionen issued a warning regarding the company and its affiliates.
Director of Australian Bankrupt CFD Broker Sonray Goes to Jail
Apr 17 2014 06:01:36 Maria Nikolova in Market
An Australian court today issued a prison sentence to Russell Andrew Johnson, director of Sonray Capital Markets Pty Ltd (Sonray), an Australian broker that went bankrupt in 2010 in a major $46.7 million collapse.