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| SAXO BANK LAUNCHES FX SERVICE TO JAPANESE INVESTORS FOLLOWING ACQUISITION OF ASTMAX FX CO., LTD // 07-03-2009 |
| Saxo Bank A\/S, the online trading and investment specialist, announces today that it has launched its FX service in Japan with the acquisition of Astmax FX Co., Ltd. (Astmax FX). The purchase is approved by relevant regulatory bodies in Denmark and Japan.\n\nSaxo Bank opened its Japan office in 2008 providing support to institutional clients. The acquisition and renaming of Astmax FX to Saxo Bank FX K.K. allows Saxo Bank to offer FX related products to the Japanese retail market under the Type 1 Financial Instrument Dealer license with the Japanese Financial Services Agency. Saxo Bank FX’s client funds will be held in a separate trust bank account. |
| E*TRADE FINANCIAL Announces Results of Debt Exchange Offer Early Tender Period and Consent Solicitation // 07-03-2009 |
| E*TRADE FINANCIAL Corporation (NASDAQ: ETFC)announced results of the Early Tender Period of its previously announced debt exchange offer (the \"Exchange Offer\") to exchange more than $1 billion of newly-issued zero coupon Convertible Debentures due 2019 (the \"Debentures\") for all of its 8% Senior Notes due 2011 (the \"2011 Notes\") and a portion of its 12.5% Springing Lien Notes due 2017 (the \"2017 Notes\", and together with the 2011 Notes, the \"Notes\"). Assuming the Exchange Offer is completed, the Debentures issued in exchange for any Notes tendered during the period that ended at midnight, New York City time, on July 1, 2009 (the \"Early Tender Period\"), will be Class A Debentures and have a conversion price of $1.0340 per share. In connection with the Exchange Offer, the Company also announced that during the Early Tender Period it obtained consents (the \"Consents\") required to amend and waive certain provisions of the indentures governing the Notes. |
| M I G \"Live\"- COMING UP<\/font> // 07-02-2009 |
| Paul Day, Chief Market Analyst, will appear on Bloomberg TV s weekly FOREX segment live from London on Friday, July 3rd @ 08:15 CET. |
| Notice to FXCM LLC (FXCM U.S.) Traders with MT4 Accounts // 07-02-2009 |
| FXCM LLC would like to notify all FXCM clients holding MetaTrader 4 (MT4) accounts with FXCM U.S. of the changes that will occur after July 31, 2009. The National Futures Association (NFA), the primary regulatory authority for forex in the United States, has adopted new compliance rules that will have dramatic consequences for your MT4 account. The most significant new requirement requires all open positions to be closed out on a first-in-first-out basis. |
| Forex Ratings June 2009<\/font> // 07-01-2009 |
| Advanced Currency Markets is the June 2009 voting prizewinner! MIG Investments is #2. eToro and Dukascopy are #3. Starting a monthly rating from zero allows to identify a monthly winner and thus more objectively display the voters opinion. We rate brokers by the actual number of votes. |