Phillip Capital Inc (PCI) has been forced to shelve its nascent retail FX business after the Securities and Exchange Commission (SEC) prohibited any SEC registered broker-dealer from offering retail FX services to customers, effective July 31.
Subsequently the firm, which is ...
Retail punters, especially Japanese, are
frequently contrarian traders in USD/JPY (aka Bill & Ben). So it is perhaps
not too surprising that clients of UK spread better and CFD provider IG appear
to be taking positions against the prevailing market ...
FXCM has released a study it conducted that claims that clients on its retail platforms are able to achieve better FX pricing than on either the futures or interbank markets.
Using the CME, EBS BrokerTec and Thomson Reuters FX platforms ...
Online FX broker FXCM says it is partnering with PF
Soft, a developer of multi-user professional trading software, to provide trade
execution and market data to the latter’s Protrader multi-asset solution through
PFsoft has integrated FXCM’s ...
Online FX broker FXCM announces its new partnership with
German broker FXFlat.
The partnership gives FXFlat’s customers access to FXCM’s
Trading Station and MetaTrader 4 platform, as well as the No Dealing Desk Forex
and Enhanced CFD execution models.
Capital Inc, a member of Singapore-based PhillipCapital Group, is now a member
of Financial Industry Regulatory Authority (FINRA). As a result, the firm
expands its product range from futures and FX to include self-clearing
corporate equity and debt securities.
Saxo Bank has released its annual set of ‘Outrageous
Predictions’ for the year ahead - 10 unlikely, yet perhaps underappreciated,
events that could have significant consequences on the financial landscape as
we head into 2016.
The firm says the predictions are meant ...
FX-broker Oanda says that it will offer clients an institutional algorithmic
testing and execution platform through its partnership with Seer Trading
Trading offers algorithmic trading features that it claims are not currently
available across retail focused platforms, ...
Oanda has surveyed its traders to uncover
what is most critical to their trading performance and provide tips for new
traders for 2016. The findings also challenge misconceptions about the risk
appetite of retail FX traders, the firm says.
When asked ...
M&A activity is continuing in the
FX market with Palamon Capital Partners and Corsair Capital agreeing to buy
Currencies Direct, a provider of FX and international payment solutions to private
and corporate clients, for over £200 million.Currencies Direct’s ...