Forex Market News
Investors in the UK most interested in binary options
Feb 27 2017 10:15:01 Jonathan Smith in Market
It looks like the largest part of UK investors seek information and advice on binary options. Enquiries on binary options make up 17% of all enquiries on investment products at FCA Consumer Contact Centre, while those on forex account for 13%.
Israel drafts a law prohibiting the marketing of binary options abroad
Feb 23 2017 12:52:44 Jonathan Smith in Market
The Israel Securities Authority has drafted a law that would ban locally-licensed brokers from marketing and advertising binary options outside of the country, online media Finance Magnates reported on Thursday.
Dutch financial regulator seeks to cap leverage to 1:10 and ban advertising of FX, CFDs and binary options
Feb 21 2017 12:58:27 Jonathan Smith in Market
The next EU member state about to introduce stricter regulation of binary options, FX and CFDs is the Netherlands.
Turkey's regulator caps leverage to 1:10, sets minimum deposit of TRY 50 000
Feb 10 2017 11:26:00 Jonathan Smith in Market
Turkey's financial markets regulator, the Capital Markets Board (SPK), has introduced a new set of restrictions on the forex market, lowering further the maximum leverage and setting a minimum security deposit requirement to open a forex trading account.
Forecast of Trump’s Impact on the Forex Markets
Feb 06 2017 17:53:45 Stanimir Zhelev in Market
Donald Trump’s victory in the 2016 U.S presidential elections came as a great shock to many people. The world was simply not prepared for it. Well, the reality is that Donald Trump is the 45th president of the U.S. If he is true to his words, not only the residents of the U.
European regulators grill ISA over binary options fraud
Feb 06 2017 13:49:55 Jonathan Smith in Market
Representatives of some of the European financial markets regulators have asked their Israeli counterpart to explain what measures it is taking to tackle the largely fraudulent binary options industry that is operating mainly out of Israel.
IG’s Nadex ends 2016 with record-high trading volumes
Jan 12 2017 08:41:45 Jonathan Smith in Market
The North America Derivatives Exchange (Nadex), one of only two US-regulated binary options exchanges, announced this week that its trading volumes in December have set a new all-time record.
US forex traders to have greater transparency with respect to execution data
Jan 06 2017 08:34:24 Jonathan Smith in Market
The National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said its new rules on disclosure of transaction data have been approved by the Commodity Futures Trading Commission (CFTC) and will come into effect as of March 31, 2017.
FXCM’s stock price ended the year on a low note
Jan 03 2017 09:15:49 Jonathan Smith in Market
The stock price of major forex brokerage FXCM (NASDAQ:FXCM) hit a 52-week low on Friday (30 Dec), its shares closing down at $7.05. The figure represents a drop by more than 55%, compared to a year earlier – on Jan 4, 2016 the broker’s stock traded for $15.77 apiece.
Germany's BaFin to ban margin trading in CFDs for retail investors?
Dec 09 2016 15:05:21 Jonathan Smith in Market
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) announced its intentions to “limit the marketing, distribution and sale of financial contracts for difference (CFDs) with an additional payments obligation” to retail c...
FCA UK bans forex bonuses, capping leverage to 1:25
Dec 06 2016 09:44:07 Stanimir Zhelev in Market
It is hardly a surprise that the Financial Conduct Authority (FCA) intends to cap leverage to 1:25 for inexperienced traders and prevent forex brokers from offering any form of trading bonuses or benefits to promote risky CFD products.
NFA orders US forex brokers to raise margin requirements for GBPUSD
Nov 07 2016 15:27:54 Stanimir Zhelev in Market
The US National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said it is raising the required minimum security deposit for transactions with the GBP from 2% to 5%.
Canada's NSSC warns of binary options robot Canuck Method
Oct 21 2016 14:22:58 Stanimir Zhelev in Market
One of the latest warnings against companies engaged in binary options trading comes from Nova Scotia’s Securities Commission (NSSC).