This Week On Turtle Soup



Here is what happened on Turtle Soup the trading week from Sunday, February 27 through Friday, March 4, 2011.

Sunday, February 27, 2011Trade Interceptor: Multi-Broker Forex App - Trade Interceptor unveiled its new multi-platform app supported by FXCM, GFT, ACM, FX Solutions, and MB Trading.

State Street Forex Probe Expands - We continue to follow the State Street saga. I guess $11.7 million in penalties wasn't enough for CFTC.

 

Monday, February 28, 2011Forex Scam Goes Small Potatoes - David & Loredana Ortiz thought they got away with $232,000 of investors' money. CFTC thought not.

 

Tuesday, March 1, 2011Who's Who in Forex: Masaaki Shirakawa - Japan's Governor of the Bank of Japan was tabbed the world's 6th most powerful by Newsweek.

FxPM Opens Miami Office - World Currency Trading opens a new Forex trading facility in Miami.

NFA Hires Edward Dasso For Surveillance - His official title is VP of Market Regulation but his official job is to oversee the surveillance of swap execution facilities (SEF).

Wednesday, March 2, 2011FOREX.com Goes Commercial - Now that they've gone public, GAIN Capital is stepping up its pursuit of retail Forex traders with prime time commercials. I have to admit -- it is a cute commercial.

 

Thursday, March 3, 2011FXall Opens Mumbai Office - FXall expands into one of the world's fastest growing Forex markets.

Who's Who in Forex: Ben Bernanke - We finally got around to Big Ben in our Who's Who in Forex series.

 

Friday, March 4, 2011NFA Bars CD Capital Management - As active as NFA and CFTC have been lately, I just can't figure out why firms don't pay more attention to how they run their businesses.

Forex, You & Taxes - Bob Green dispenses great advice on what you need to know about accounting for your Forex gains/losses when the IRS comes knocking.

 

So, the end of another trading week. Hope to see you again next week.

 

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Posted on March 4, 2011 11:45 by Tom Herod
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FxPM Opens Miami Office


FxPM trading floor in Miami

MIAMI, March 1, 2011 /PRNewswire/ — World Currency Trading, a global software development company and training academy specializing in the Foreign Currency Exchange Market is pleased to announce that it will hold an open house and ribbon-cutting ceremony for its newly opened FX state-of-the-art trading floor facility in the heart of Coral Gables at 5:00pm on Wednesday, March 2, 2011.

“We’re extremely excited and look forward to revealing the best-kept secrets of the Forex industry,” said Armando Martinez, FxST™ Chief Master Trader who has over 15 years of trading experience and has worked with numerous interbank traders/market makers. “The ribbon-cutting ceremony for World Currency Trading marks the launch of a new era in the foreign currency exchange industry.”

The Mayor of the City of Coral Gables, Don Slesnick, is scheduled to be on hand to offer a few remarks regarding World Currency Trading and assist in the ribbon cutting.

“We’re delighted Mayor Don Slesnick has agreed to join our celebration. Our dream of educating others on how they can take advantage of the largest market in the world that trades over 4 TRILLION dollars a day has now become a reality,” said Martinez.

The 24-hour international market of FOREX is open to people from all walks of life that are seeking to generate additional income. Today World Currency Trading with its truly revolutionary new product, FxPM™ – Forex Price Movement™, provides consumers a simple and precise tool that will reduce the learning curve process.
 

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Posted on March 1, 2011 13:47 by Tom Herod
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