Bitfinex adds trading in Stellar and Verge tokens as daily volume doubles to $1 billion LeapRate

May 01, 2018 BY LeapRate Staff

Bitfinex adds trading in Stellar and Verge tokens as daily volume doubles to $1 billion

Taipei, Taiwan based digital asset exchange Bitfinex has announced the introduction of two new token listings to its trading platform, those of Stellar and Verge. And equally interesting, Bitfinex revealed that its 24-hour trading volume is more than $1.1 billion - more than double the $500 million Bitfinex was touting just a month ago. Bitfinex is…

May 01, 2018 BY LeapRate Staff

Oanda partners with Currenex on new institutional FX trading platform

New York based FX brokerage group Oanda has announced that it has recently launched an institutional trading platform tailored to meet the advanced requirements of professional FX traders, from hedge funds and brokers to CTAs and proprietary trading firms. Called OANDA Pro, the platform will be powered by State Street's Currenex, a leading provider of high-performance…

May 01, 2018 BY LeapRate Staff

Canadian regulator: Do not give AvaTrade your money

Canadian provincial financial regulator The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has announced that it has issued a Temporary Cease Trade Order against Ava Trade Limited. The FCAA stated that AvaTrade appears to be operating an unregistered online platform that allows users to trade in Forex and Contracts for Difference (CFDs). FCAA Deputy Director…

May 01, 2018 BY LeapRate Staff

CryptoUK wants the FCA to license and regulate crypto exchanges in the UK

CryptoUK, the first self-regulatory trade association for the UK cryptocurrency industry, has announced that it has called on a group of influential MPs to support proposals to regulate the industry in the UK. CryptoUK, the self-regulatory body set up to represent the sector, has set out new plans for HM Treasury to make cryptocurrency investment…

May 01, 2018 BY LeapRate Staff

TFX Click 365 Japan forex trading down 22% MoM in April volumes report

Tokyo Financial Exchange (TFX) has just released its trading volumes report with down results for April 2018. Combined trading volume for all TFX products was 2,581,263 (-23.9% MoM / -13.8% YoY ) and its average daily trading volume was 123,238 contracts. The trading volume of Three-month Euroyen futures was 127,048 (-43.0% MoM / -8.0% YoY…

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May 01, 2018 BY LeapRate Staff

Wow! Cryptocurrency trading drives Plus500 revenues to record $297 million in Q1-2018

All we can say is: Wow! Yes folks, the graph below is not in error. After posting several consecutive quarters of record revenues above $100 million, FCA regulated CFDs broker Plus500 Ltd (LON:PLUS) has reported one of the most astonishing financial reports we've ever seen here at LeapRate. Revenues more than doubled from Plus500's best ever…

May 01, 2018 BY LeapRate Staff

Cboe FX (Hotspot) April forex trading volumes down 5% to $36.3 billion ADV

After setting two consecutive trading volume records in January and February, data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw a marked decline in activity during March, and now April. After reporting record daily average trading volumes of $44.3 billion in February 2018 and $42.6 billion ADV…

May 01, 2018 BY LeapRate Staff

Australia regulator ASIC takes action on misleading conduct in ICOs

Australia financial regulator ASIC has issued a statement indicating that it is focused on misleading or deceptive conduct in the marketing and selling of digital or virtual tokens via initial coin offerings (ICOs). ASIC said that these offers can involve significant risks for investors that are often not disclosed or well understood. ASIC said that…

May 01, 2018 BY LeapRate Staff

GAIN Capital GTX FX volumes cool in April down 14% MoM to $14.6 billion ADV

Following three months of strong FX trading volumes to start off the year, GTX – the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) – has reported that activity slowed somewhat during the month of April 2018. GTX reported $306.5 billion of total trading activity in April between its ECN and SEF…

May 01, 2018 BY LeapRate Staff

FastMatch April FX trading volumes edge up 3% to $19.4 billion ADV

Continuing a very strong start to the year, Forex ECN FastMatch has reported that April 2018 FX trading volumes edged up by 3% versus March, averaging $19.4 billion daily. After seeing two of its best months ever in January and February, FastMatch FX trading volumes declined by 11% MoM in March 2018 to $18.8 billion ADV,…