Deutsche Börse has announced that its cash markets have achieved a turnover of €165.1 billion in March (2017: €135.7 billion). In the first quarter of 2018, the trading volume was €480.1 billion – an increase of around 33 percent compared with the first three months in 2017 with €361.5 billion. Of the €165.1 billion, €152.2…
Read moreRetail FX brokerage group FxPro has announced an expansion in its offering of trader education products. According to the company, FxPro's 'Learn from a Pro' series of trading webinars and seminars has been extraordinarily well received. Since originally launching the initiative last year, the group has maintained its long-standing commitment to providing traders with comprehensive educational…
Read moreMetaTrader technologies specialist Gold-i has announced that it has extended the capabilities of its multi-asset liquidity management platform, Matrix, with the launch of Matrix Net. Matrix Net enables Prime of Prime brokers and Liquidity Providers to distribute multi-asset liquidity to brokers who use Gold-i’s Matrix, MT4 Bridge and MT5 Gateway products. Matrix Net leverages Gold-i’s…
Read moreLeapRate has learned that Retail FX broker Juno Markets has been removed from Hong Kong Financial regulator SFC's Alert List. The Alert List is a compilation of entities which have come to the attention of the SFC because they are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong…
Read moreCopenhagen based multi asset broker Saxo Bank has announced the launch of SaxoTraderPRO, a new trading platform for active traders and institutional clients offering what the company calls a unique combination of a feature rich trading platform and ease of use. Catering to active traders and institutional clients, SaxoTraderPRO is set to replace the current…
Read moreLeapRate Exclusive... LeapRate has learned that Brian Myers (pictured above) has resigned his position as CEO of FCA regulated Retail FX broker GKFX Financial Services Limited. In the interim, GKFX CFO Rod Martenstyn will assume the position of Chief Executive Officer, pending regulatory approval, with immediate effect. Brian Myers joined GKFX as CEO in late 2016…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Castlebrook Properties. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
Read moreAxiomSL, a provider of regulatory reporting and risk management solutions, has announced the strategic partnership with Genpact, a global professional services firm that delivers digital transformation for clients, to automate and execute bespoke models for IFRS 9. The solution industrialises the rating model process and combines all the building blocks and calculation flows for IFRS…
Read moreThe European Securities and Markets Authority (ESMA) has published its 2017 annual report on the enforcement and regulatory activities of accounting enforcers within the European Union (EU). In 2017 ESMA and European Enforcers continued to engage in regular supervisory convergence activities on IFRS. Moreover, considering the new standards IFRS 9 Financial Instruments and IFRS 15…
Read moreDerivatives marketplace CME Group Inc (NASDAQ:CME) has announced it has reached an all-time high quarterly average daily volume (ADV) of 22.2 million contracts during first-quarter 2018, up 30% from first-quarter 2017. Highlights include: Record quarterly average daily volume (ADV) in five of six asset classes Record quarterly ADV across Options Record Eurodollar futures ADV of…
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