New York―May 4, 2009―Forex Capital Markets LLC (www.fxcm.com) today announced it has reached an agreement to acquire the U.S. and international retail forex clients of i-Trade FX. Subject to regulatory approval, accounts are expected to be transferred from i-Trade FX to FXCM on May 8, 2009.
Like several other forex firms, i-Trade FX has decided to cease offering service to US retail clients. Other firms that have decided to exit the U.S. retail business include ODL Securities, Hotspot FX, and CMC Markets. To offer retail forex trading services under NFA rules, Forex Dealer Members (FDMs) will be required to have a minimum of $20 Million in firm capital as of May 16, 2009. Full Story
It may not be news that FXCM trades against you, but you may find this interesting anyway. FXCM posted a job opening on linkedin for a fx trader. Part of the duties of the job are to "continuously track firm’s net positions against its client base..." Happy trading!!
It may not be news that FXCM trades against you, but you may find this interesting anyway. FXCM posted a job opening on linkedin for a fx trader. Part of the duties of the job are to "continuously track firm’s net positions against its client base..." Happy trading!!
[url]http://linkedin-us.simplyhired.com/a/li-jobs/view/jobkey-10493.518676872/jp-2/hits-44/ln-en[/url]
