Weekly outlook: Bank of Canada, Bank of Japan, US GDP
Week gone by: China’s global influence grows, volatility falls You know [...]
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
EUR down, USD up as global PMIs disappoint; US housing starts
Market recap EUR fell on the weaker-than-expected Eurozone preliminary [...]
EUR Falls on Eurozone PMIs, USD Gains on Strong US Data
The euro came under selling interest yesterday, tumbling after another set of [...]
