Retail trading
IBFX launches in Australia
Retail foreign exchange trading company Interbank FX (IBFX) has opened a subsidiary office in Sydney, it announces today (October 25).
Larger brokers hit by retail regulations
It turns out that the sweeping regulations hitting the retail forex market are singling out not only the smaller shops, but also the larger players, such as Swiss broker Advanced Currency Markets (ACM).
Fixi selects Integral to support expansion into institutional FX
LONDON - Foreign exchange broker Fixi has signed Integral as the technology vendor to support plans to target the institutional FX market, officials say.
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).
Retail brokers win US leverage battle
The US Commodity Futures Trading Commission (CFTC) buckled to pressure from retail traders by abandoning a proposal to reduce leverage to 10:1 from 100:1, in new rules published last night (August 30).
Gain responds to NFA complaint
BEDMINSTER, NJ - Glenn Stevens, chief executive at New York-based Gain Capital, sent a letter to partners in response to extensive complaints filed against him and the company by US industry regulator the National Futures Association (NFA).
Retail brokers build up product range amid regulatory change
SYDNEY & TOKYO - Retail trading companies are diversifying the range of products tradable via contracts-for-difference (CFDs) as regulators continue to crack down on retail forex margin trading globally.