Search Results for: forex
QuantX and its owner ordered to pay more than $1 Million for Forex Fraud
August 4th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Jonathan A. Parker and QuantX Capital, LLC (QuantX), both of Marietta, Georgia, jointly and severally to pay a $680,000 civil monetary penalty and restitution totaling $341,500 and imposing permanent trading and ...
A Limassol forex company employee arrested for trying to sell client personal data to competitors
July 29th, 2016
Police on Thursday arrested a 36-year-old woman, a Limassol forex company employee, in connection with trying to sell client personal data to competitors. The case was reported to police by the company’s manager after the suspect’s computer had been ...
National Association of Forex Dealers accepts XTRADE
July 28th, 2016
The Board of Directors of the National Association of forex dealers (NAFD, the former name – CRFIN) in Russia has issued an announcement to inform that it decided to accept XTRADE Group operating under the brand XTRADE, in the ...
Nigeria: Attracting foreign investors to the forex market
July 25th, 2016
Feelers from last week’s foreign investment road-show by Central Bank of Nigeria (CBN) indicated that Nigeria’s finances and the economy as a whole may be headed to its worst external sector positions. The foreign investors have told the apex ...
Two top HSBC currency traders charged in forex probe
July 21st, 2016
A top HSBC executive has been charged with fraud in the US. Mark Johnson, HSBC’s global head of foreign exchange trading was arrested on Tuesday night. A former colleague, Stuart Scott, has also been charged. The two traders are ...
RoboTrade changed its name to RoboForex
July 18th, 2016
RoboTrade Ltd has issued an announcement to inform that the name of RoboTrade Ltd company licensed under IFSC/60/271/TS/16 was changed on RoboForex Ltd. According to the company’s announcement, the purpose of this change was the unification of the names ...
FCA UK regulated forex trading provider IKON restructures to MEX Group
July 11th, 2016
Mr. Naser Taher, the Chairman of MultiBank Exchange Group, announced the restructuring of the Group under a new trademark name of “MultiBank Exchange Group” (“MEX Group”), with a new holding company based in California, USA. As part of the ...
TeleTradeBel, MTBank pass requirements for forex trading software, MTBank to apply for forex broker registration
July 4th, 2016
TeleTradeBel, the Belarusian arm of forex brokerage TeleTrade Group, and lender MTBank have become the first entities to pass the requirements of the Belarusian Currency Stock Exchange (BCSE) regarding financial software for forex trading on the over-the-counter (OTC) market, according to a ...
ForexClub changes its trading terms because of Brexit referendum
June 22nd, 2016
On June 23 of 2016 Great Britain will vote on its membership in European Union. This event, also known as Brexit referendum, may cause significant volatility increase and liquidity problems in the market that can result in spreads widening ...
FMA is investigating Forex trading provider
June 6th, 2016
The Financial Markets Authority (FMA) is investigating a complaint received in relation to Morgan Cooper Limited (MCL) and a Mr Rodney McCall (aka Rodney Crichton) for potential contraventions of financial markets legislation. MCL purports to offer foreign exchange currency ...
