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GAIN Capital’s Forex.com sees June FX trading volumes down 12% to $214 billion

GAIN Capital’s Forex.com sees June FX trading volumes down 12% to $214 billion

Continuing a string of fairly anemic volume reports we have seen for the month of June 2018 from leading Retail and Institutional FX platforms, Gain Capital Holdings Inc (NYSE:GCAP) has reported that retail volumes – consisting mainly of activity at its FOREX.com unit, as well as City Index – declined by 12% from May, coming inRead more about GAIN Capital’s Forex.com sees June FX trading volumes down 12% to $214 billion[…]

IronFX fined €2,000 by CySEC for late filing of financials

IronFX fined €2,000 by CySEC for late filing of financials

Second announcement from CySEC today, as the Board of the Cyprus Securities and Exchange Commission (CySEC) has informed the public that, at the meeting held on 4th December 2017, decided to impose an administrative fine of €2,000 to the CIF Iron FX Global Ltd (now known as Notesco Financial Services Ltd). The fine is for non-complianceRead more about IronFX fined €2,000 by CySEC for late filing of financials[…]

SEC charges investment professional in $8 million scam

SEC charges investment professional in $8 million scam

The Securities and Exchange Commission (SEC) has informed the public that it has charged a former registered representative with defrauding long-standing brokerage customers in an $8 million investment scam. According to the SEC’s complaint, Steven Pagartanis, who was affiliated with a registered broker-dealer, told some investors – including retirees who had been Pagartanis’s customers forRead more about SEC charges investment professional in $8 million scam[…]