Forex Brokers

ETRADE Acquires OptionsHouse For $725m and Acquires $3.5b in Client Assets In The Process

2016 07 27

E*TRADE Financial Corporation has decided to pay $725m for OptionsHouse in a landmark acquisition deal that will also see it get $3.6 billion in customer assets; $1.4 billion of which will be in form of cash. However, E*TRADE did not buy OptionsHouse directly. The financial company purchased Aperture New Holdings, Inc., OptionsHouse’s holding company. The […]

Currency Mountain Holdings Trying To Acquire IronFX Through Nukkleus, Its Subsidiary

2016 06 10

Currency Mountain Holdings now controls over 80 percent of Nukkleus, a company that will be used to control several retail forex brands on its behalf. In fact, Nukkleus is in the process of acquiring IronFX Australia as part of a broader strategy to control more forex brands. Emil Assentato, who controls 80 percent of Currency […]

Plus500 Experiences A 20% Revenue Growth In 2015

2016 02 29

According to the recently released Pus500 full year results, 2015 was a great year for the forex and CFDs broker. The company was able to achieve a 20% growth in its revenues, although its operating margin took a 15% dip. The Average Revenue Per User has also gone down. In 2014, this figure was $2,160, […]

Forex and CFDs Brokers Thought they were Exempt from Reporting Rules, ASIC Does Not

2016 01 14

It turns out that some brokers offering CFDs and margin Forex trading in Australia think that they are exempt from OTC Trade Reporting Rules because, apparently, the two financial products are not outrightly listed as financial derivatives in need of such reporting standards in the relevant legislation. The news initially came to public attention after […]

Algo Trading Spreading To Binary Options From Forex Trading

2016 01 05

For a while, algo trading has been the preserve of the forex markets, but this is changing. Lately, binary option brokers have been offering algo trading as well. In fact, financial watchdogs are starting to recognize algo trading in the binary options markets. Algo Trading In Israel Still A Challenge On 31st, an Israeli forex […]

More Information Emerges On The IronFX Troubles With Its Clients

2015 12 25

IronFX seemed to have developed a business model that was successful in getting the company high trading volumes. But then, all hell broke lose with its Chinese clients storming its offices demanding their money back. However, even before the newsworthy event, the company was battling allegations that it was keeping client withdrawals pending for too […]

Yuan To Become A Global Reserve Currency From 2016, U.S. Preparing For The Development

2015 12 03

According to a recent statement by the IMF, the Chinese currency, the Yuan (also referred to as RMB, CHN, and renminbi) has met all the criteria needed to become a global reserve currency. In fact, beginning October 1, 2016, the yuan will join the U.S. dollar (USD), the euro (EUR), the Japanese yen (JPY), and […]

Forex To Binary Options Crossover Now Easier And More Lucrative Than Ever

2015 11 27

Forex was well established long before binary options became a mainstream trading service. The two were quite different at the time, and brokers, whether startups or established companies, had to decide whether to offer binary options trading or its older cousin, forex trading. But now, these companies are faced with the attractive option of not […]

October 2015 Revenues The Lowest For Invast Securities For The Financial Year

2015 11 18

Operating revenues for Invast Securities fell from $2.70 million (¥331 million) in September 2015 to $2.31 million (¥283 million) in October of 2015. This is quite a significant drop in financial performance for a company that was trying to make a comeback after a previous slump in revenues. Actually, according to the company, the October […]

Weekly Bitcoin Trading Volumes Reach Highest Levels in History

2015 11 10

Bitcoin trading volumes hit their highest levels ever last week. In total, 14.4 million units (worth $5 billion) of this virtual currency were traded. This is almost equal to the number of bitcoins currently in circulation. The report was released by bitcoinity.org. As is typically the case with such a notable spike in an asset’s […]