Thursday, October 28, 2010

NFA calls IKON on failure to maintain MetaTrader

The Complaint alleged that IKON engaged in certain price slippage practices on the MetaTrader platform that were favorable to IKON and caused disadvantageous trading conditions for certain customers. The Complaint also charged that IKON failed to supervise the MetaTrader platform used for their forex business, and failed to supervise the firm's operations.

http://www.nfa.futures.org/news/newsRel.asp?ArticleID=3679