News/Retail
Rise in fraud prompts system upgrades for retail brokers
Brokers with weak anti-fraud protection in place risk a detrimental impact on the rest of the industry, participants warn
IG to roll out MetaTrader 4 alongside proprietary platform
New platform is to be implemented with a pilot group of clients next month and then rolled out fully in August, says chief executive Tim Howkins
Retail FX volume leverages the volatility boom
Growth in retail volume this year is not just a return from low volume in 2012, but a long-term trend, say market participants
FXCM hits record trading volumes
Return of volatility brings traders back to market
MIG Bank launches subsidiary in Hong Kong under MIG Capital Asia
Online broker targets rapid growth in foreign exchange trading in Asia with the establishment of a licensed office in Hong Kong
CFTC files complaint against Banc de Binary for breaching off-exchange options trading ban
Regulator gets tough on online brokers of off-exchange options brokers
GKFX backs Rising Sum
Retail broker expands into equity-linked contracts-for-differences with new trading tool
Fair Trading Technology appoints four board members
Singh, Maasland, Vollemaere and Pounds join board of retail trading technology company
Haitong Futures deploys FlexFutures trading platform
Chinese broker moves to match demand for local futures by qualified foreign institutional investors
FCStone fined $1.5 million for risk controls failings
Futures broker suffers $127 million in losses following risk management failing in client account
Sucden Financial live with liquidity on tradable
Open-source front end trading platform adds to liquidity pool and enters agreement with software developer MT4i
Tradenext hires head of trading
Online broker makes senior hire from rival broker GKFX
Alpari New Zealand registers in St Vincent as new rules come into force
Retail broker changes jurisdiction to retain trading terms as new rules come into effect in New Zealand
Japan to drive 36% rise in retail foreign exchange volumes in 2013
Yen volatility to drive $380 million a day in global retail FX and CFD market in 2013
CVC-Betfair deal collapses
CVC’s potential takeover of gambling group Betfair has collapsed, with both sides unable to agree on financial terms.
FXCM and Gain Capital report sharp rise in Q1 revenues
Margin foreign exchange brokers signal a recovery in activity with a sharp rise in first quarter revenues
Monex to launch tradable in Japan
Trading app platform enters largest retail FX trading market
CFTC investigates breaches of 60-second clearing rule
Commissioner O'Malia says agency has requested data from FCMs – Risk reported last month that some firms had broken rule 1.74
Gold ETFs can weather latest turmoil as speculative selling eases, say providers
The crash in the gold price in mid-April had dramatic effects on gold ETFs, but some providers say investors' allocations are holding firm
MetaTrader 5 live with Warsaw Stock Exchange (WSE)
Margin foreign exchange broking system adds Polish listed securities
Interdin targets 25% share of Spanish retail foreign exchange market
More brokers look to rapid growth in retail margin foreign exchange trading in Spain
FXCM launches unregulated FXCM Markets
Margin foreign exchange broker targets traders outside of US, Canada, UK, France, Germany, Australia and Japan
Betfair rejects CVC-led £912m takeover bid
A £912m takeover offer led by CVC Capital Partners has been rejected by UK–based online gambling business Betfair
Gain rejects FXCM, buys GFT for $107 million
FXCM's $195 million offer has been rejected, and Gain instead seals an acquisition deal with GFT