Post Tagged with: "FXCM"
FXCM Announces Faster MT4 Offering
US forex broker FXCM launches a new version of its MetaTrader 4 offering. The new version eliminates third party bridge software, thus enabling faster execution and it claims that traders coming from other brokers will see a big difference. The new offering came after FXCM saw the high demand for this platform. FXCM enables EAs,
FXCM Receives a $75 Million Credit Line from Bank of America
US Forex broker FXCM announces a credit line of $75 million from Bank of America (BAC). This credit line could be doubled in the future, and will enable the company to expand its operations and perform further mergers and acquisitions. FXCM already had some M&A action following its IPO around a year ago and continues
FXCM Saw More Tradeable Accounts, Higher Retail Volume, Lower Institutional Volume
US forex broker FXCM released its trading metrics for the month of November 2011. This includes separate figures for retail and institutional clients. The number of retail tradeable accounts continued rising and reached 192,772. Also trading volume among retail customers continued rising and reached $345 billion. Regarding institutional trading, the broker saw a drop in
The US economy is in no state to support the global community
While recent indicators have been positive, the recent crisis in Europe is too strong for the world’s No. 1 economy. In the euro-zone, a rate cut seems likely, at least for easing the pressure for quantitative easing. John Kicklighter of DailyFX discusses the crisis, the US economy, the status of safe haven currencies and more
FOMC Disagreement Likely To Yield No Policy Changes
The ammunition that the Fed claims to have will likely stay in storage for now. David Rodriguez of DailyFX says that the disagreement within the members is likely to yield a unified message but no action. Mario Draghi will likely want to build credibility and skip a rate cut. And what about the credibility of
FXCM Continues Strong Growth, Debuts Rates on NYSE, Completes Japanese Acquisition
A lot of news is coming out of US forex broker FXCM recently. The broker enjoyed a surge in customer activity during September both in retail and in institutional trading. The impressing numbers are in line with numbers from other brokers, such as FxPro. In the M&A front, FXCM completed the acquisition of Foreland, a broker
FXCM Partners with Bourse Direct to White Label Forex Trading Platform in France
Bourse Direct, a French financial broker, will white label the Trading Station platform of US Forex broker FXCM. This partnership is another move that extends the activity of FXCM. Bourse Direct has over 50,000 registered account holders that will now have access to the capabilities that FXCM France account holders have. This expansion follows the
CFTC Charges $6 million more from FXCM on Failure to Maintain and Monitor Systems
The case of US broker FXCM and positive slippage has another twist: FXCM has been ordered to pay an additional sum of $6 million to the CFTC. According to the case settled by both sides, the company failed to provide an equal treatment to all customes regarding adjustments in prices. It also failed to seriously
FXCM Sponsors the CNBC Million Dollar Portfolio Challenge
US Forex Broker FXCM enhances the cooperation with CNBC and will now sponsor the One Million Dollar Portfolio Challenge – a virtual trading contest where each participant get 1 million virtual dollars and can trade currencies as well as stocks. FXCM already sponsors CNBC’s Money in Motion Currency Trading TV show. With current stock market performance, will
FXCM to Buy Foreland Forex – A Japanese Forex Broker
The publicly traded US forex broker FXCM continues to expand. Foreland has over 18,500 accounts in Japan, not far from 25,700 that FXCM has in this country. So, this move is a big boost to its business, making it one of the biggest brokers in Japan. FXCM More details in the official press release: NEW