FXCM
FXCM study underlines segregated pricing advantages
Retail clients gain better or equal prices than on interbank and futures platforms more than 90% of the time
FXCM investigates scope of hacking incident, maintains silence on details
Tightlipped about much of the details of the recent system breach, FXCM said it is investigating the scope of the cybersecurity incident with a leading cyersecurity firm
Cable decline pushes FXCM to top spot
The US-based broker forecasts a relatively tight range for EUR/USD and does not think the Fed will raise rates in September
FXCM fined $843,000 by CFTC
The CFTC says FXCM failed to report fraudulent activities of FX pool Revelation Forex Fund
Retail brokers take action amid concerns over Greece
Greek failure to make IMF payment sparks retail reaction on margin requirements
FXCM sells $36 million stake in business
The US firm sells its third non-core asset as it looks to pay back its $300 million loan by the end of the year
FXCM targets wholesale and prime of prime
The retail FX broker focuses its institutional business on wholesale and PoP, with other assets set to be sold
FXCM wins with euro capitulation call
Broker saw extreme moves calming after EUR/USD hit year's low
FXCM to sell Japanese business for $62m
Broker progresses with paying down its $300 million loan from Leucadia, aiming to wipe out the debt by the year end
FXCM discloses data for global market failure event
Retail broker blasts SNB and liquidity providers, highlighting lack of circuit breakers
FXCM issues not a US problem, says Massad
The US regulator points the finger of blame at affiliates outside US jurisdiction for making the retail broker's Swiss franc losses worse than they could have been
FXCM's Niv blames banks for extreme Swiss move and losses
The January 15 drop in EUR/CHF was a 'global market function failure' as banks failed to provide prices, Niv says
FastMatch volumes drop amid FXCM's difficulties
Institutional clients have become wary of trading on FastMatch following FXCM's $300 million bailout by Leucadia earlier this month
FXCM to forgive 90% of negative balances
US broker will not seek to recover client losses, but will look to recoup money from 10% of customers
CFTC wants Dodd-Frank regulation for retail FX
The US regulator has taken a tough stance on retail FX following the fallout from the SNB's currency floor removal on January 15
Bloomberg Tradebook halts RUB dealing
The Moscow Exchange and Saxo Bank hike collateral requirements; FXCM and Alpari pull out
Product launches, October 20, 2014
Swissquote unveils information portal, Caplin systems publishes white paper on mobile trading, and more
Volatility boosts Ficc revenues at banks as activity surges
US banks cite foreign exchange as source of success as volatility picks up, while trading platforms also report increased activity
New FXCM pricing model to publish ‘raw’ FX spreads
Spreads and commission costs to be separated for clients as FCA reviews brokerage pricing
FXCM hires FX prop trader
FX veteran joins FXCM in New York
FXCM scraps dealing desk following FCA review
Lack of demand and a recent FCA review into best execution has led FXCM to move away from its principal business since August 30
FXCM top with steady market view
US FX retail broker gets full marks for its July 14 forecast with near spot-on views for all currency pairs
FXCM goes on offensive after £4 million FCA fine
The retail FX broker has criticised other firms in the industry for not passing on price improvements to clients in the week it was fined by the FCA
FastMatch revamps matching engine to grab market share
Start-up platform has overhauled its matching engine to maximise fill rates and reduce response rates for clients as it seeks to grow volume