Check out the latest breaking news from the dynamic world of forex trading. Maintain your edge with up-to-the-minute coverage of the latest regulatory changes, industry conferences, broker developments and more.
Most Recent
Chris Capre is the founder of 2nd Skies Forex. Chris sat down with Huzefa Hamid from DailyForex to discuss his journey into the markets from Yoga, to working for FXCM and then a hedge fund, and now running his own fund and providing educational tools for traders.
The European bloc's finance ministers and central bankers signaled a rethink after talks conducted by the Group of Seven policy makers over the weekend and conveyed a willingness to consider new ways to revive Europe's ailing economy in the wake of increased U.S. pressure to act.
Despite the buzz throughout the Forex world about the Gain Capital on April 8. Differing news releases indicate that either Gain Capital rejected the proposed acquisition as "?significantly" low or that FXCM withdrew its offer because Gain has gone ahead and purchased GFT, the trade name for Global Futures & Forex Ltd.
Top Forex Brokers
AvaFX has taken on a new name and has donned a fresh face. The pioneering Forex and CFD broker Ava Group is now
Finance ministers and central bankers from around the globe gathered in Washington last week for the semiannual meetings of the International Monetary Fund and World Bank. They were joined by finance officials from the Group of 20 nations.
Cantor Fitzgerald is a worldwide capital markets investment bank whose name became legendary on September 11, 2001 when the company's corporate headquarters was demolished when the World Trade Center was struck. Though the company faced many financial setbacks since that time, the company's founders remained dedicated to rebuilding, and they were able to do so with the help of satellite offices throughout the world including those in London, Dublin, Cork and Limerick. Cantor Fitzgerald now possesses one of the largest institutional sales forces serving over 5,000 clients worldwide in 33 locations.
UK's main regulatory body has seen its last days. The Financial Services Authority (FSA) which has been the main body responsible for the regulation of the financial services industry in the United Kingdom for over 28 years has ceased to exist. The FSA board, appointed by the Treasury in 1985, has operated independently of the government since its inception. Its main office was based in Canary Wharf, London, with another office in Edinburgh. As of this week, the FSA is no longer a regulatory agency. It has been replaced by the Bank of England; consumer arbitration will be handled by an all-new organization called the Financial Conduct Authority (FCA).
Following Italy's ban of Cyprus-based binary options brokers, the Financial Markets Authority (FMA) and Prudential Supervisory Authority (ACP) market and bank regulators have banned seven more Forex trading websites from operating in France.