Wednesday, May 4, 2011

CFTC Charges Jeffrey Groendyke with Operating a Forex Ponzi Scheme

CFTC Charges Jeffrey Groendyke with Operating a Forex Ponzi Scheme


CFTC Charges Jeffrey Groendyke with Operating a Forex Ponzi Scheme

Posted: 04 May 2011 01:31 PM PDT

Federal court issues order freezing assets held in Groendyke's trading accounts and preserving books and records. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of an enforcement action charging Jeffrey L. Groendyke of Middleville, Mich., doing business as JG Forex Fund (JGF), with fraud and misappropriation in connection with [...]

MBT trials their new Web based platform

Posted: 04 May 2011 05:36 AM PDT

Aptly named MBT Web, their new platform will allow customers to access their account with their browser of choice. So if you’re a Firefox zealot, or a Chrome fan boy, then you can soon choose to do your trading from them. The easy-to-use interface provides all of the traditional features of MB Trading's Award-Winning software, [...]

Saxo Bank first to publish FX Options OTC market and client position data

Posted: 04 May 2011 02:06 AM PDT

Saxo Bank just announced that it is going to publish market data from the FX Options OTC market data and it’s interesting because FX Options market is still an unchartered territory for many traders. Publishing market data will surely attract lots of interest and probably lots of new clients to Saxo. Saxo will publish this [...]

Trading Symposium: Fundraising for NZ and Japan

Posted: 04 May 2011 01:19 AM PDT

Trading Symposium is raising funds for the 2011 earthquake victims in New Zealand and Japan and we at Forex Magnates are joining its efforts. Japanese Earthquake facts: On March 11th, 2011 – a 9.0 earthquake hit the North of Japan, causing huge waves of tsunami. The last time Japan was hit with such earthquake magnitude? [...]

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