FX retail
Almost $1 billion in MF Global UK client assets recovered
Findings of six-monthly progress report published by special administrator of defunct broker
GKFX selects Gold-i Gate Bridge to connect to liquidity providers
Online broker expands product coverage with new connectivity to liquidity providers
NFA takes enforcement action against KS Global Strategies and Khaled Salama
Retail regulator continues to crack down on fraudulent activity
Saxo Bank cuts 266 jobs
Danish bank becomes latest victim of tighter regulatory controls on margin and contracts-for-difference trading
FircoSoft expands its solutions within India through its new partner Peocit
Transaction monitoring technology gains traction in India
Alpari registers in New Zealand, signalling pursuit for safe-haven markets
Retail brokers pushes out to New Zealand
Report blames Corzine’s strategy for MF Global collapse
Chief executive of collapsed broker at fault for risky strategy that destroyed company, House subcommittee says
Thomson Reuters targets retail market with niche data and analytics product
Market data vendor responds to speculation that it is extending its flagship Eikon platform to retail traders
Citi offers liquidity to Spotware’s cTrader and cAlgo Platforms
Citi extends liquidity offer to margin trading system
PFSoft launches white label solution for FX brokers
Technology vendor ties up with Lmax to offer liquidity to retail market
Sucden Financial builds up Gold service
Institutional broker extends gold trading size to enable hedging in size
FXCM revenues up; gets increase in credit facility
Margin forex broker sees revenues up despite fall in volumes
GVC Gaesco white-labels FXCM platforms
Spanish broker signs up FXCM for retail forex and CFDs
Gain Capital revenues down as retail volumes halve
Margin forex broker takes hit from fall in retail forex volumes but aims to build institutional business.
Banks suspend dual-currency deposit sales in Japan to re-document under new regulation
Returns on dual-currency and structured deposits will not be covered by state insurance scheme, Japanese FSA decides
AML under the spotlight at FXDD
Retail broker slammed by industry regulator for compliance failures, signalling continued threat of abuse at retail forex brokers
UK FSA issues £250,000 in fines for reporting failures
Regulator clamps down on reporting failures. Fines are the first under new FSA penalties policy.
Advanced Markets exits US retail market
Margin forex brokers continue to exit US market to focus on institutional business
Saxo creates new client office after two key departures
Saxo Bank has opened a new department focused on products and services, following the departure of its heads of marketing and platforms
Oanda's European head departs
Antony Broadbent has left Oanda Europe, just over a year after the company opened its London office
Training traders
What role does emotion play in the decision-making process of traders, and can they be trained to better manage their emotions? Saxo Bank believes they can, and is developing a process to support that training. Robert Mackenzie Smith reports
FXCM rolls out dealing desk to fight price war
The retail brokerage has launched a principal-based execution option to create tighter spreads for smaller clients, but will continue to advocate its preference for the agency model
Technology key for Saxo at 20
Saxo Bank celebrated its 20th birthday last month by flying its staff out to Egypt for a celebration in front of the Pyramids, hosted by co-founders Kim Fournais and Lars Seier Christensen. Robert Mackenzie Smith meets them in Copenhagen