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



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


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Big Mike with 10 posts (16 thanks)
    2. looks_two GFIs1 with 8 posts (13 thanks)
    3. looks_3 Fat Tails with 4 posts (23 thanks)
    4. looks_4 choke35 with 3 posts (3 thanks)
      Best Posters
    1. looks_one kbit with 13 thanks per post
    2. looks_two Fat Tails with 5.8 thanks per post
    3. looks_3 Big Mike with 1.6 thanks per post
    4. looks_4 GFIs1 with 1.6 thanks per post
    1. trending_up 14,717 views
    2. thumb_up 102 thanks given
    3. group 16 followers
    1. forum 53 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

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

(login for full post details)
  #41 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
 
Posts: 2,668 since Feb 2013
Thanks: 5,100 given, 6,557 received

Cool premiums for playing the fire department ... if it works out ...

FXCM Provides Further Details on Financing With Leucadia National Corporation (NYSE:FXCM)

Reply With Quote

Can you help answer these questions
from other members on futures io?
IKYP - How I solved email troubles on VPS
NinjaTrader
Reaching Customer Service
NinjaTrader
CME 2023 Fee Increases (MES +16%!)
Traders Hideout
Asking Wall Street Billionaire for Investment Advice
Psychology and Money Management
 
 
(login for full post details)
  #42 (permalink)
 Abde 
Germany
 
Experience: Intermediate
Platform: FlatTrader
Broker: GFT and Interactive Brokers
Trading: ES, DAX
 
Posts: 533 since Aug 2010
Thanks: 2,141 given, 726 received

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


Reply With Quote
The following 3 users say Thank You to Abde for this post:
 
(login for full post details)
  #43 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,183 since Jun 2009
Thanks: 32,682 given, 99,711 received




Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #44 (permalink)
 Fat Tails 
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,878 since Mar 2010
Thanks: 4,238 given, 26,936 received

Probably easier to understand, if you do not speak German.


Big Mike View Post


Mike


Reply With Quote
The following 4 users say Thank You to Fat Tails for this post:
 
(login for full post details)
  #45 (permalink)
 Fat Tails 
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,878 since Mar 2010
Thanks: 4,238 given, 26,936 received

SNBomb ? Reactions from 67 forex brokers | Forex Crunch

Reply With Quote
The following user says Thank You to Fat Tails for this post:
 
(login for full post details)
  #46 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,183 since Jun 2009
Thanks: 32,682 given, 99,711 received


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

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #47 (permalink)
 zxxaxz 
Springfield
 
Experience: Intermediate
Platform: Ninjatrader, TOS
Trading: eMicros
 
zxxaxz's Avatar
 
Posts: 125 since Sep 2009
Thanks: 10 given, 80 received

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

Reply With Quote
 
(login for full post details)
  #48 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,183 since Jun 2009
Thanks: 32,682 given, 99,711 received

How The Swiss National Bank Almost Crushed George Soros | Zero Hedge

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 3 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #49 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,183 since Jun 2009
Thanks: 32,682 given, 99,711 received

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

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #50 (permalink)
 skoa 
Wolfsburg, Germany
 
Experience: Intermediate
Platform: Python
Broker: InteractiveBrokers
Trading: ALL the futures (and options)
 
Posts: 82 since Sep 2014
Thanks: 353 given, 52 received


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)

Reply With Quote
The following 2 users say Thank You to skoa for this post:


futures io Trading Community Trading Reviews and Vendors Brokers > 2 FX Brokers Suffer "Significant Losses" After SNB Surprise, "In Breach Of Regulatory


Last Updated on February 6, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2022 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts