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17:02 December 1st 2013 in Analysis, Industry

Alpari (UK) Names New CEO

Alpari (UK), an online FX trading provider, has appointed David Hodge as its new chief executive officer. He takes over from Daniel Skowronski, who resigned from the position earlier this month. Hodge will assume responsibility for the commercial and operational ...
The Australian Securities and Investments Commission (ASIC) has warned FX market participants not to dabble in FX trading unless they fully understand the risks involved, following the collapse of Sydney-based firm GTL TradeUp. ASIC is investigating the collapse and warned ...

17:00 December 1st 2013 in Analysis, Industry

Ross Joins IronFX London Office

Nick Ross has joined IronFX Global as an account manager as the London office expands its current reach. Ross joins from Everest Markets, where he spent the past five months as a senior account manager, following a two-year stint in ...
Newly founded firm TradeCrowd will be launching a new social trading platform, which brings together recreational traders and trading experts. Several other platforms offer similar initiatives, mainly through the provision of mirror trading support. The London-based initiative is partnering with ...
Andre Meyer has joined ACT Currency Partner to run what Profit & Loss understands will be a new FX product offering for the Swiss-based fund manager. A spokesperson confirmed Meyer’s appointment to partner, FX structured products and derivatives, with responsibility ...

16:53 December 1st 2013 in Analysis, Industry

Currency Managers Up in October

Currency managers were offered some welcome relief from a tough year in October as returns re-established themselves in positive territory for the month. The Parker FX Index is reporting a +0.32% return for October, in which 37 of the 39 programs in the ...

16:51 December 1st 2013 in Analysis, Industry

Newedge Under the Microscope

Newedge CEO Nicolas Breteau has resigned on the same day as Société Générale began talks with a view to taking over full ownership of the troubled broker. It has proposed a €275m asset swap with Crédit ...

16:50 December 1st 2013 in Analysis, Industry

AlphaMetrix Shutters...

Troubled CTA AlphaMetrix has been hit by a legal Complaint by the Commodity Futures Trading Commision (CFTC) just days after the firm said it would begin closing investment pools as part of an “orderly liquidation”. AlphaMetrix was warned by the ...
What is in store for the USD? Will we see the dollar eventually becoming the currency of choice once again, do we expect a paradigm shift away from the USD or can we expect the current levels to be the ...

16:45 December 1st 2013 in Analysis, Industry

Expecting Big Things from EMFX

Jon Vollemaere was never one to shy away from a challenge, but his latest venture with R5 FX takes him into uncharted territory. He talks to Nicola Tavendale about his plans to boost liquidity in emerging market currencies, not launching ...