Forex Trading News - Page 3
XM to Migrate Accounts to New Platform Trading.com
Trading Point Group, which operates forex and CFD broker XM, plans to move the trading accounts of its clients to Trading.com, a new platform that is scheduled for launch in mid-July of this year. The UK-regulated broker announces the migration plan through email letters to customers.... Read more.
IC Markets Gives up on Migrating Non-Australian Accounts
IC Markets, the largest forex and CFD broker in Australia, gave up its earlier decision to migrate the trading accounts of overseas clients. Last week... Read more.
Forex Broker Argentex Eyes IPO on £120M Valuation
Argentex, a London-based foreign exchange (forex) broker aimed at institutional clients and high-net-worth individuals (HNWIs), announced on Thursday ... Read more.
Citi Merges Two Forex Units Amid Major Restructuring
US-based banking giant Citigroup intends to merge two of its key units in sales and trading, according to an internal memo seen by Business Insider. T... Read more.
Forex Industry Needs More Automation, SWIFT Report Says
The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, released a report on Wednesday, encouraging the players of the... Read more.
CLS Group, Saxo Bank Saw Weak FX Trading Volumes in May
On Monday, Danish Saxo Bank and US-based CLS Group reported weak Forex trading volumes in May, which slightly contradicts the general trend. Other bro... Read more.
Standard Chartered to Create FX e-Trading Engine in Singapore
London-based bank Standard Chartered intends to develop a Forex electronic trading and pricing engine in Singapore, a project that is also supported b... Read more.
FX & CFD Broker FXCM UK Records £5M Loss in 2018
Forex and contracts-for-difference (CFD) broker Forex Capital Markets Limited (FXCM) lost more than 5 million pounds last year in the UK alone, accord... Read more.
FX Settler CLS Group Appoints New CEO
US-based CLS Group, a company that offers risk mitigation and settlement services for Forex dealers and firms, announced on Wednesday that it had name... Read more.
Dukascopy Performed Poorly in 2018
Swiss-based retail Forex broker Dukascopy published its financial results for 2018. According to the report, the company recorded lower revenue as it ... Read more.
Cboe Worst FX Monthly ADV in 2 Years
Chicago-based Cboe, which operates the largest options exchange in the US, reported that April had seen the lowest monthly average daily volume (ADV) ... Read more.
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