Equities Turn Slightly Weaker Near The Top
Equity markets were seen trading rather flat for the third consecutive day. [...]
Company news
NFA fines FXCM $2 million for slippage malpractices, FXCM will credit clients back
Apparently Non Dealing Desk doesn’t mean you get the best execution – NFA has just announced that it heavily fined FXCM for slippage malpractices. FXCM will pay $2 million directly to NFA and will compensate all customers who suffered from this practice since June 2008. The details of this case are not much different from the similar fine of $459k whichNFA imposed on Gain Capital for using the Virtual Dealing plugin and similar slippage settings.
Thursday, 12 Jan, 2012 / 8:32
Trading news
Euro slips after ECB; stocks stage another comeback
Euro/dollar breaks lower as ECB is a touch more dovish than [...]
Coronavirus Stays in Spotlight; EUR Slides on ECB, EZ and UK PMIs in Focus
Most major EU indices traded in the red for another day, and while the US ones [...]
