Alpari, an international forex broker with registered offices in Belize and Saint Vincent and the Grenadines, yesterday announced that it has cut the interest rates on forex account to 8%.
Online forex broker GMO Click Securities, part of GMO Click Holdings plans to start offering from 30 November demo trading on FX Neo, an over-the-counter forex trading platform, online financial media LeapRate reported on Tuesday, quoting official company data. Limassol-based forex broker RoboForex has decided to stop supporting the Currenex Viking Trader forex trading platform and Viking ECN-Pro NDD accounts, starting 30 November, 2015, finance online media LeapRate reported, quoting data from the broker. Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against Interactive Brokers LLC (Interactive), a futures commission merchant based in Greenwich, Conn., for filing inaccurate large trader reports and failing to diligently supervise the handling and reporting of accounts.
The CFTC requires futures commission merchants, such as Interactive, to submit Form 102s identifying account holders and entities excising trading control over certain accounts in order to evaluate potential market risks. Moreover, Interactive failed to take reasonable steps to correct its automated system after it learned that the system was repeatedly failing to identify and aggregate related accounts, the order finds.
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