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2 FX Brokers Suffer "Significant Losses" After SNB Surprise, "In Breach Of Regulatory


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2 FX Brokers Suffer "Significant Losses" After SNB Surprise, "In Breach Of Regulatory

  #41 (permalink)
 choke35 
Germany
 
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Cool premiums for playing the fire department ... if it works out ...

FXCM Provides Further Details on Financing With Leucadia National Corporation ([AUTOLINK]NYSE[/AUTOLINK]:FXCM)

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  #42 (permalink)
 Abde 
Stuttgart / Germany
 
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I received this e-mail today from GFT:



Quoting 
In light of last Thursday’s extraordinary market events, we are forgiving all negative balances incurred by GFT Markets retail clients on 15 January, 2015 where permitted by regulation. Affected clients will be notified by email and we expect all credits to be completed and posted to clients’ trading accounts by 5pm ET on Thursday, 22 January, 2015.

Your continued trust and loyalty drive every decision we make. We will continue to challenge ourselves to provide you with the best tools and resources to help you succeed in the markets, along with the level of service and support you expect from a global market leader.

Thank you for trading with us.

GFT Markets


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  #43 (permalink)
 
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 Big Mike 
Manta, Ecuador
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  #44 (permalink)
 
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 Fat Tails 
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Probably easier to understand, if you do not speak German.


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Mike


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  #45 (permalink)
 
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 Fat Tails 
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SNBomb ? Reactions from 67 forex brokers | Forex Crunch

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  #46 (permalink)
 
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 Big Mike 
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Fat Tails View Post
Probably easier to understand, if you do not speak German.

LOL, I can see how that would be confusing. Maybe on mute or very low volume

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  #47 (permalink)
 
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 zxxaxz 
Springfield
 
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If this sounds crazy, the U.S. has been doing this since 2009, it's the only reason the stock market stays up

ECB launches 1 trillion euro rescue plan to revive euro economy | Reuters

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  #48 (permalink)
 
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 Big Mike 
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How The Swiss National Bank Almost Crushed George [AUTOLINK]Soros[/AUTOLINK] | Zero Hedge

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  #49 (permalink)
 
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 Big Mike 
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FXCM letter to clients to repay negative balances | LeapRate

FXCM-2013.12.31-10K


Quoting 
Our policy is generally not to pursue claims for negative equity against our customers

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  #50 (permalink)
 skoa 
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So if I understand this correctly, Saxo is in deep trouble as well: Wie ernst steht es um Saxo? - Inside Paradeplatz (link is in German)

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Last Updated on February 6, 2015


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