Monday, March 12, 2012

City Credit Capital settles with the CFTC for accepting US forex clients

City Credit Capital settles with the CFTC for accepting US forex clients

City Credit Capital settles with the CFTC for accepting US forex clients

Posted: 12 Mar 2012 02:04 PM PDT

City Credit Capital (CCC) became now the latest broker to settle with the CFTC for accepting US clients. On March 2012 Windsor Brokers settled, preceded by Enfinium, FXOpen and InterForex.

Federal Court in Illinois Orders City Credit Capital, (UK) Ltd. to Pay … [visit site to read more]

CBI raids Indian FX ponzi scheme

Posted: 12 Mar 2012 11:07 AM PDT

India’s finanial crime unit have raided the residence of a senior police official in connection with the multi-crore (million) Pazee Forex Trading case scam.

CBI sleuths raided the residence of Pramod Kumar, Inspector General of Police (Armed) at the SAF Games Village in Koyambedu for his alleged involvement in the multi-crore Pazee Forex Trading case scam, agency sources … [visit site to read more]

DGCX keeps growing – February volumes up 147%

Posted: 12 Mar 2012 04:39 AM PDT

  • Overall monthly volumes on the Exchange total 519,222 contracts, valued at $21.92 billion
  • DGCX registers highest ever overall daily volume of 39,034 contracts on 29 February
  • Indian Rupee futures set monthly and daily volume records

Dubai Gold and Commodities Exchange (DGCX) built on its excellent start to the year with a 147% year-on-year rise in monthly volumes in February. Total monthly volumes on the Exchange in February touched 519,222 … [visit site to read more]

Metaquotes update causes havoc over the weekend

Posted: 12 Mar 2012 04:08 AM PDT

Metaquotes made an automatic update to its Manager API over the weekend, although the change was scheduled for June 1st, which caused havoc to Metatrader brokers and providers worldwide.

Any provider/broker who was using the old Manager API or who managed to override the Server API through client terminal protocol is now experiencing severe problems and must update its code.

Providers who asked not to be named report that what was in particularly affected is the reporting functionality … [visit site to read more]

2 more Turkish brokers obtain full forex license

Posted: 12 Mar 2012 01:49 AM PDT

Last week three Turkish brokers obtained the first ever full forex license granted by the CMB:

  • Integral Securities (former Ulukartal Forex)
  • İş Yatırım (İş Bank owned broker)
  • Turkish Yatırım (Turkish Bank owned broker)

Two more now have obtained such as  license as well bringing the total number of authorized Turkish forex … [visit site to read more]
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