Forex Market News
CySEC Orders Investment Firms to Freeze Assets of Ukrainian Officials
Mar 10 2014 06:32:12 Maria Nikolova in Market
The Cyprus Securities and Exchange Commission (CySEC) was the first watchdog in the European Union to act to implement the restrictive measures by the bloc against certain Ukrainian officials, involved in violating human rights and misappropriation of funds in the troubled country.
Malta's Watchdog Warns against Global Capital Markets FX
Mar 07 2014 11:26:58 Maria Nikolova in Market
The Malta Financial Services Authority (MFSA), the regulator responsible for the oversight of the Forex sector in the small country, today issued a warning against Global Capital Markets FX Ltd, a Forex broker that offers its services without having the authorization to do so.
Russian President Orders Govt to Develop Forex Regulation Mechanism
Mar 07 2014 09:01:25 Maria Nikolova in Market
The press service of Kremlin has just published a set of assignments of Russia's president Vladimir Putin to the government, following an official meeting on February 12, 2014.
SEC Acts against High-Frequency Trading Pyramid Scheme
Mar 06 2014 08:49:58 Maria Nikolova in Market
We haven't discussed high-frequency trading (HFT) since the summer of last year when it turned out that the UK authorities are mulling a tax on this type of market activity.
Italy's Consob Hits at Binary Options Brokers Again
Mar 04 2014 13:28:02 Maria Nikolova in Market
It has been nearly a year after Italy's regulator Consob (National Commission for Companies and the Stock Exchange) managed to obtain a judicial order blocking the websites of six binary options brokers.
Cypriot Forex Broker AFBFX Changes Brand to Orbex
Mar 04 2014 11:06:38 Maria Nikolova in Market
As the Spring of 2014 is just around the corner, the spirit of change is engulfing the Forex world too: at least this is what happened to AFBFX Ltd, the Cypriot Forex and CFD broker, which has rebranded as Orbex. The rebranded company comes along with a new website www.orbex.
Future Russian Forex Law to Restrict Leverage
Mar 04 2014 08:16:33 Maria Nikolova in Market
Monday brought a piece of exciting news for fans of Forex trading in Russia – the Russian parliament will discuss the proposed Forex bill on March 19, 2014: finally the regulators have scheduled the long-awaited second reading of this bit of legislation.
Forex Trading Volumes at Moscow Exchange Set New Record in Feb
Mar 03 2014 15:23:55 Maria Nikolova in Market
Moscow Exchange (MOEX), the biggest venue for trading currencies and stocks in Russia, today revealed a set of record operating metrics for February 2014, with new all-time highs hit by Forex trading volumes.
UK Forex Broker Monex Capital Rebrands as Valutrades
Mar 03 2014 08:27:34 Maria Nikolova in Market
Monex Capital, the UK business of Indonesian Forex broker Monex Investindo Futures, has just announced that it is rebranding into Valutrades Limited, with the change effective from February 28, 2014.
Misleading Forex Lessons Lead to Charges by CFTC
Feb 28 2014 07:51:00 Maria Nikolova in Market
The United States Commodity Futures Trading Commission (CFTC) definitely has an eye to detect scams in the Forex sector and its latest actions against a California citizen and her companies reiterate this ability of the regulator.
China's Yuan Ranks 7th amid World Payments Currencies
Feb 28 2014 06:34:42 Maria Nikolova in Market
China's Yuan (CNY) kept climbing the ladder of currencies for global payments in January, with the Chinese renminbi now taking the seventh spot in the ranking.
Financial Commission Reports 20 Successfully Solved Forex Disputes
Feb 26 2014 11:15:44 Maria Nikolova in Market
It was just six months ago that we reported the launch of the Financial Commission in Hong Kong and the dispute resolution body for the Forex sector already announced the first set of successfully solved disputes.
FXCM UK Settles with FCA over Trade Execution Issues
Feb 26 2014 09:41:22 Maria Nikolova in Market
FXCM UK, the British subsidiary of US-based Forex broker FXCM today announced that it had reached an agreement with the Financial Conduct Authority (FCA) over trade execution flaws.