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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)
Market Wizard
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Premiums

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

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

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  #42 (permalink)
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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.

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GFT Markets


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  #43 (permalink)
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Mike

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  #44 (permalink)
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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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  #46 (permalink)
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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

Mike

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  #47 (permalink)
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ECB to start printing money to buy back their own Bonds

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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  #49 (permalink)
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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

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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  #50 (permalink)
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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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