Banks abandon Pure FX – their joint forex platform |
- Banks abandon Pure FX – their joint forex platform
- An investigation into FXCM turns into a full scale class action suit
- Saxo Bank shareholder General Atlantic looking to cash in on the investment
| Banks abandon Pure FX – their joint forex platform Posted: 07 Mar 2011 09:09 AM PST A group of top currency-dealing banks has delayed plans to launch a new banks-only trading system, opting to wait until the regulatory environment for foreign exchange becomes clearer in the coming months, two people familiar with the matter told Dow Jones Newswires. According to Dow Jones, citing sources, the banks had planned to announce FXPure [...] |
| An investigation into FXCM turns into a full scale class action suit Posted: 07 Mar 2011 12:35 AM PST Two weeks ago I reported that two different lawfirms are investigating FXCM to determine whether it has violated federal securities laws by issuing false and misleading statements to its shareholders. Only 3 months passed from the Company's IPO, shares of FXCM closed down 13% today – to a low of $12.05 on heavy volume – [...] |
| Saxo Bank shareholder General Atlantic looking to cash in on the investment Posted: 07 Mar 2011 12:00 AM PST General Atlantic, a major Saxo Bank shareholder with 22% of the company, is looking to cash in on the investment amid more than positive climate for this. Saxo Bank last week reported that it tripled its net profit in 2010 comparing with the same period in 2009. Saxo Bank has also been cleared of any [...] |
| You are subscribed to email updates from Forex Magnates To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment