Retail
Best liquidity distribution system: Saxo Bank
Saxo wins liquidity distribution award after adopting a prudent approach to sourcing the best liquidity for its white-label offering
Best retail platform: Citi
Citi wins top spot in retail category, in recognition of the success and growth of CitiFX Pro since its launch in 2008
Saxo takes stake in Leverate
UK-based Leverate will retain its independence but benefit from Saxo's capabilities
Spotlight on: Lars Seier Christensen, Saxo Bank
Saxo’s co-founder and chief executive talks to Joel Clark about the Danish bank’s growth over the past 19 years, the challenges of retail foreign exchange and the importance of strong technology
Oanda lands in London
Managing director Antony Broadbent tells of plans to continue a move into institutional FX
Alior’s new ECN off to a flying start in Poland
Alior Trader already seeing daily turnover of $100 million per day
Saxo targets new traders with ForexTrading.com
Danish bank says it wants to cater for 'more self-driven' clients
Social FX trading grows, brings more transparency to retail market
After the success of its 'trade leaders' programme, Currensee looks with interest at other asset classes
Citi goes live with Fix API
Bank announces first customer for spot FX pricing plug-in
Saxo steps up options pricing on SaxoTrader
Danish investment bank reduced spreads on FX options in mid-May and created new standardised account structure
Retail FX poised for further growth in Asia, says Aite Group
Aite Group identified demographic trends, internet penetration and potential returns in financial turmoil as the key drivers for the strong performance of retail platforms
Retail FX platforms braced for further consolidation
The FDIC last week unveiled proposed margin requirements for retail FX transactions in the US in the latest sign of a clampdown on the retail segment of the industry. How is regulation changing the shape of retail FX? Farah Khalique reports
Saxo Bank rolls out options market data to web portal
Danish bank launched new service for retail investors on May 4
Deutsche Bank sells dbFX to Gain Capital
German bank says further growth of the retail trading business requires a specialist like Gain Capital as it sells the dbFX offering it has built up since 2006
Saxo reports record 2010 with strong FX volumes
FX made up 70% of the bank's income last year, but 2011 strategy is to diversify into other asset classes
Global FX Division establishes FXPB
The Global FX Division (GFXD) of AFME/SIFMA/ASIFMA announced the formation of a working group to focus specifically on the challenges and issues surrounding global FX prime brokerage (FXPB) and to implement over-the-counter FX clearing for clients.
FXCM raises $50 million for acquisitions
Retail trading company FXCM raised $50 million in primary proceeds for acquisitions in the first day of trade on the New York Stock Exchange on December 2, said company chief executive Drew Niv, in New York.
Retail brokers slammed by NFA
Gain Capital and Ikon Global Markets have been fined by the US National Futures Association (NFA) for practices that put clients at a disadvantage.
IBFX launches in Australia
Retail foreign exchange trading company Interbank FX (IBFX) has opened a subsidiary office in Sydney, it announces today (October 25).
Gain acquires CMS retail business as new rules come into force
NEW YORK - Capital Market Services (CMS) has sold its retail forex business to Gain Capital, making it the latest online trading company to exit the market in light of rising costs from increased regulation.
Savi Asset Management launches in October
LONDON - Proprietary trading company Savi Trading (Savi) will launch a managed account service for FX and equity traders in October under the banner Savi Asset Management (SAM).
IG up despite Japan retail leverage cap
LONDON - IG Group reported a 16% rise in revenues for the third quarter, to £79 million, versus the same period last year, despite new caps on leverage for retail traders in Japan.
Retail brokers evolve to meet regulation
NEW YORK - Retail brokers in the US continue to shape up internal business practices to abide by best practices introduced by industry regulator the National Futures Association (NFA).