News
January 13, 2010, the CFTC announced proposed new regulations concerning retail foreign currency transactions
On January 13, 2010, the CFTC announced proposed new regulations concerning retail foreign currency transactions. Many of the proposed changes would implement important consumer protection regulations, which MB Trading firmly favors. However, one of the proposed changes would radically lower Forex leverage from 100:1 to 10:1 for all NFA and CFTC regulated Forex firms.
December 1, 2009 - MB Trading Lowers FOREX Commission Rate to $2.95 per 100,000 USD
(El Segundo, CA) – December 1, 2009 – MB Trading, a technology-driven, low-commission brokerage specializing in order routing in FOREX, Equities, Futures, and Options through various global exchanges and electronic networks, announced Tuesday that it has lowered its FOREX commission rates from $5.00 per 100,000 USD traded to $2.95 per 100,000 USD traded. This represents over a 40 percent immediate reduction to clients.
October 1, 2009 - MB Trading Launches MetaTrader 4 with True ECN Execution.
(El Segundo, CA) – October 1, 2009 –Jointly, Manhattan Beach Trading Financial Services, Inc. (“MBTFS”) and Manhattan Beach Trading Futures, Inc (“MBTF”), collectively referred to as MB Trading, a technology-driven, low-commission brokerage specializing in order routing in FOREX, Equities, Futures, and Options through various global exchanges and electronic networks, announced today that they have publicly launched the popular MetaTrader 4 (MT4) platform fully integrated into their true ECN execution technology. The platform provides customers with a wide variety of trade entry options and reflects all customer limit orders in the public order book.
September 22, 2009 – MB Trading Expands Intraday Futures Margin to 4-to-1.
(El Segundo, CA) – September 22, 2009 –Manhattan Beach Trading Financial Services, Inc. (“MBTFS”), a technology-driven, low-commission brokerage specializing in order routing in Equities, Futures, and Options through various global exchanges and electronic networks, announced Tuesday that it now offers 4-to-1 intraday margin leverage on all futures contracts offered by the firm.
August 5, 2009 – MB Trading Holdings, LLC has acquired ownership of WGAL, LLC, aka The Wizetrade Group
(El Segundo, CA) – August 5, 2009 – MB Trading Holdings, LLC, the parent company of Manhattan Beach Trading Financial Services, Inc. (“MBTFS”) and MB Trading Futures, Inc. (“MBTF”) (collectively “MB Trading”) which are technology-driven, low-commission brokerages specializing in order routing in FOREX, Equities, Futures, and Options through various global exchanges and electronic networks, announced Tuesday that it has acquired ownership of The Wizetrade Group.
March 18, 2009 – MB Trading Earns Top Rating in Barron’s 2009 Review of On-Line Brokers
(El Segundo, CA) – March 18, 2009 – MB Trading (“MBT”), a technology-driven, low-commission brokerage specializing in order routing in securities including Equities, Futures, FOREX, Bonds, and Options through various global exchanges, earned the highest rating given of 4.5 out of 5 stars in Barron’s 2009 Review of On-Line Brokers. MBT tied for first place in the trading technology category and was ranked second overall in a field of twenty-five competitors.
January 28, 2009 – MB Trading Launches MBT University
(El Segundo, CA) – January 28, 2009 – MB Trading (“MBT”), a technology-driven, low-cost brokerage specializing in order routing in securities, futures, foreign exchange instruments, bonds, and options through various global exchanges, announced today that it has launched its new website with a new on-line training facility MBT University. The University is a major enhancement designed to educate traders about all of the markets covered by the company’s Award-Winning* Navigator software, as well as all of the third party tools that connect to MB Trading.
December 24, 2008 – MB Trading Adds Investment Research Services
(El Segundo, CA) – December 24, 2008 – MB Trading (“MBT”), a financial services company, announced today that it has added a leading investment research package to its list of offerings. Provided daily by Trading Central, the service will be free to MB Trading clients who have a live account. It includes research and technical analysis covering the equities, forex, and commodities markets.
November 4, 2008 – MB Trading Adds CME Livestock Contracts
(El Segundo, CA) – November 4, 2008 – MB Trading (“MBT”), a financial services company, announced today that it had made available three CME livestock symbols for futures customers. The contracts will be available on the company’s Navigator software, Barron’s top-ranking platform in trading technology.
September 23, 2008 – MB Trading Adds Russell and Dollar Futures via ICE
(El Segundo, CA) – September 22, 2008 – MB Trading ("MBT"), a financial services company, announced today that it had completed integration with ICE, the Intercontinental Exchange. Recently, ICE announced that they would have the exclusive rights to the Russell 2000 and Russell 1000 futures contracts beginning after the September contract expired.
August 26, 2006 – MB Trading Expands Symbols, Adds COMEX Contracts to Offerings
(El Segundo, CA) – August 26, 2008 – MB Trading ("MBT"), a financial services company, announced Tuesday that it has added COMEX symbols for trading on the MBT Navigator, its Award-Winning, On-Line Trading Platform. The COMEX metals contracts include full-sized Gold, Silver, Copper, and Aluminum, as well as MiNY Gold, Silver, and Copper. The complete list of contracts and margin requirements can be found on MB Trading’s website (http://www.mbtrading.com/futures.asp).
April 17, 2008 – MB Trading Achieves Top Ten Status for ETF Monthly Volume
(El Segundo, CA) – April 17, 2008 – MB Trading ("MBT"), a financial services company, announced Thursday that according to NASDAQ OMX Group, it ranked in the Top Ten of Market Participants for nine of the most actively traded Exchange Traded Funds (ETFs) in the month of February 2008. This marks a record for the company and places them in the top tier of trading platforms for a key piece of the index trading market.
March 1, 2008 – MB Trading Acquires EFX Group
(El Segundo, CA) – March 1, 2008 – MB Trading (Member FINRA, SIPC, NFA and CFTC), a leading provider of Forex, Futures, Equities and Options, has acquired its largest introducing agent (IA), EFX Group, LLC. Customers of EFX will be internalized under MB Trading. Terms of the deal were not disclosed.