Top Stories of the day June 30
June 30th, 2015
1. S&P has downgraded Greece‘s credit rating from CCC to CCC-, and says there is a 50 per cent chance it will leave the Euro. It made the change because it feels that, unless circumstances change, Athens will probably ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
FxPro Group May Hold London IPO as Soon as Next Year, CEO Says
June 4th, 2015
FxPro Group Ltd. may hold an initial public offering in the U.K. as soon as next year as the online currency broker considers making acquisitions and expanding into new markets. The privately held company, which in 2010 canceled an ...
Top news of the day, May 29
May 29th, 2015
1. China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it easier for individuals and companies to invest overseas. The latest initiative, expected to be ...
Playtech seals deal for online trading platform AvaTrade
May 14th, 2015
Israeli billionaire Teddy Sagi’s Playtech, a provider of online gaming and sports-betting software, has bought currency trading platform AvaTrade, a source with knowledge of the deal said on Wednesday. The purchase exercises an option held a month ago when ...
NinjaTrader Launches Forex Brokerage Services
April 7th, 2015
NinjaTrader Group, LLC has announced the addition of forex trading to the services available through NinjaTrader Brokerage. Users of the awardwinning NinjaTrader platform can now access the world’s largest and most liquid market directly through a NinjaTrader Brokerage trading ...
The tiny broker who won on the Swiss Franc shock
March 25th, 2015
Some of the big guys lost on the Swiss franc. Turns out, one of the little guys won. While the likes of Citigroup Inc. and Saxo Bank A/S got stung when Switzerland abruptly let the franc soar in mid-January, ...
Citibank Sues Two Former Goldman Sachs Partners Over $29 Million Swiss Franc Margin Call
March 19th, 2015
The sharp and unexpected rise of the Swiss franc in January resulted in big losses for hedge funds, investment banks and other currency speculators, even causing some hedge funds to shut down. Now, there is a lawsuit over a ...
Swiss Franc’s Leap Lifts Some FX Brokers
January 26th, 2015
Even as some foreign-exchange brokers that focus on serving retail customers were getting hammered by the surprise surge in the Swiss franc earlier this month, other firms that deal mostly with big banks, hedge funds and other large clients ...
Swiss banks try to calm scared shareholders
January 21st, 2015
SWISS financial institutions and firms that trade with them yesterday tried to reassure investors who had been walloped by the soaring franc last week, after the central bank removed the currency’s peg with the euro. The Swiss National Bank ...
