Proposal To Allow Post Only Orders on Complex Orders Given by C2
C2 plans on allowing Post Only order instructions within its complex order market. The broker believes that it will encourage market participants to increase the…
Author Archive
SEC Partly Granted Permission To Reopen Case Against Ponzi Scammer
Lorna G. Schofield, a Judge from the New York Southern District Court, has partly granted a motion put forward by the US Securities and Exchange…
One Stop Money Manager Limited Forced To Halt Operations by FCA
The United Kingdom’s Financial Conduct Authority (FCA) has provided information to customers of One Stop Money Manager Limited in regard to the company ceasing operations….
Trading Volumes Between Banks Dropping Due To Low Volatilities
The Bank of International Settlements (BIS) has recently given out its quarterly report. Within it, the BIS stated that turnovers for the world’s largest FX…
Interactive Brokers Suffers 30% Retail FX Fund Loss Within Four Months
According to the US Securities regulator, October has been a bit of a dry spell for Interactive Brokers. The firm’s data shows that it’s lost…
Robinhood Goes Past 10 Million User Mark, Challenging Old Giants
Robinhood, the app that started the commission-free trend in US exchanges, has exploded in users and has surpassed the 10 million mark. The startup, only…
NFA Passes Amendment That Sees Reduction of Fees for Forex Dealer Members
The US-bound National Futures Association (NFA) has recently sent a rule submission letter to the Commodity Futures Trading Commission (CFTC). Sent on the 29th of…
Brazil’s Broker Firm, XP, Has Potential to Raise $2.1 Billion in NASDAQ IPO
XP Inc. holds the title of being one of the largest stockbrokers within Brazil. The large company will start its initial public offering (IPO) on…