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March 2009
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News Archives - October 2008
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27-10-2008

The new 5 decimal price feed will come into effect for all clients from next year.

25-10-2008

CMS Forex, a worldwide leader in online retail Forex trading, is pleased to announce that Sean Carr, Sam Burke, Jacob Plattner, and Francisco Odriozola, formerly of IFX Markets, Inc., have joined the CMS Forex team. This culminates in the creation of a new office in Boston to cater to our burgeoning institutional business, which includes introducing brokers, white-label partners, registered CTAs and hedge funds. Capital Market Services and its affiliates now have offices in New York, Boston, Saint Petersburg, Tokyo, and Shanghai.

25-10-2008

Due to major liquidity issues in all financial markets it has become essential for Alpari to temporarily widen our spreads in some currency pairs with immediate effect. This is an attempt to replicate the widened spreads that we are currently receiving from our liquidity providers. We hope you understand that extreme measures are sometimes required during these extreme times. The new spreads listed below will be fixed during normal market conditions only, but can be widened during data releases, news announcements and other highly volatile periods.


22-10-2008

As you may already know, the current global economic situation is one of uncertainty and is especially trying on the banking industry, both in the United States and abroad. We rely on the banks for accurate pricing and liquidity to enable our traders to take positions based on the interbank market. Consequently, this unpredictable economic climate has created limited liquidity and may have an effect on the spreads and interest rates we provide to our valued traders.


20-10-2008

We have responded decisively to numerous requests for higher leverage for those clients that wish to utilise it. We are introducing "Floating Leverage" which will automatically apply higher leverage on a trade-by-trade basis depending on the client’s trade volume. Floating leverage will come into effect on the 2nd of November for Live accounts.


19-10-2008

Rosenthal Collins Group, LLC (RCG), a leading independent futures clearing firm, and MG Financial LLC, a leading provider of online trading services in the foreign exchange (FX) market, announced that they have successfully completed an exchange of equity interests in the two companies today. The transaction resulted in MG Financial becoming a wholly owned subsidiary of RCG.

19-10-2008

From the feedback we have received from our active demo clients, we have taken a decision to postpone the introduction of the new pricing format (with 5 decimal places) until October 26th as an OPTIONAL change.

13-10-2008

GAIN Capital Group, a leading provider of foreign exchange (forex) services for individual and institutional investors, today announced that its FOREX.com division is now offering forex trading on the popular MetaTrader 4 platform. MetaTrader 4 users can sign up for trading services at www.forex.com/metatrader.

13-10-2008

When asked about the effect of the current financial crisis on currency markets, ACM Chief Market Analyst sounded very positive. From a trading perspective the "current crisis is actually bolstering our online trading activities" said Rosenstreich. "We are seeing a significant migration of investors , leaving the stock market and investing in the most appealing market of the moment; the Foreign Exchange Market.

13-10-2008

The management of Saxo Bank has decided to join the Danish Sector Fund (Det Private Beredskab). As such Saxo Bank will be encompassed in the two-year guarantee for all deposits with and unsecured claims against Danish financial institutions, provided by the Danish government. The guarantee, which is managed by the Sector Fund, runs for two years, and may be prolonged if required to maintain financial stability.


 
Announcements
GFX Group SA is not related to GFX Capital Markets
16-02-2009

We would like to inform and reassure our clients that GFX Group SA is not related in any way to GFX Capital Markets, a currency fund based in London currently undergoing an investigation for alleged fraud.

IBFX Announces Three New Customer Rewards Programs
08-02-2009

Incentives for opening a new account with IBFX include a customer rewards program in which new customers can earn up to $2,500 dollars in rewards

GFX - Reduced overnight charges result in lower costs
14-11-2008

We are pleased to inform our clients that overnight charges have been updated on all available products. This review corresponds to a decrease in the majority of cases, thus reflecting the current context of the market.


CMS Forex - new institutional sales office in Boston.
07-11-2008

CMS Forex has recently expanded further by opening a new institutional sales office in Boston. Four new employees, formerly of IFX Markets, Inc., have recently joined the CMS Forex team: Sean Carr, Sam Burke, Jacob Plattner, and Francisco Odriozola.

Floating leverage is now available
07-11-2008

Alpari (UK) is proud to announce that Floating Leverage is now available to all clients.


GFX offers Forex News in multiple languages
20-10-2008

To continue to service its ever-growing multilingual client base, GFX now offers Forex News in various languages. Please refer to the ‘Forex News’ section in any language.