Euronext, the pan-European exchange in the Eurozone, has announced trading volumes for October 2017. Cash Trading In October 2017, the average daily transaction value on the Euronext cash order book stood at €7,172 million, up +13.3% compared to October 2016 and down -1.7% from the previous month. The average daily transaction value on ETFs was…
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Bucking the down volumes trend for October which we have seen at some of the leading institutional FX venues, we begin our monthly coverage of volume reports for the Retail FX sector with FCA and CySEC regulated broker Exness, and another strong month for the company. Exness has reported that forex trading volumes in its system…
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The China Securities Regulatory Commission (CSRC) and Australian Securities and Investments Commission (ASIC) announced that they have entered into an agreement to promote innovation in financial services in their respective markets. The Information Sharing Co-operation Agreement further underlines the significance of the broader Australia-China trade and investment relationship. China is Australia's largest two-way trading partner…
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Mr Lewis Anthony Wright Fellowes, a former strockbroker from Perth, Western Australia, has been sentenced in the Brisbane District Court on dishonesty charges brought by ASIC, the Australian regulator informed earlier today. He had earlier pleaded guilty to one charge of dishonestly using his position with the intention of directly gaining an advantage for someone…
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Metamako, FPGA-enabled high-performance networking platforms specialist , and Velocimetrics, a provider of intelligent, business flow tracking and performance analytics, have announced a close collaboration. Metamako’s low-latency, FPGA-enabled network devices will deliver lossless data capture and nanosecond-precision timestamping; Velocimetrics’ VMX monitoring software will consume and analyse the ‘raw’ data to enable financial institutions to measure, monitor and gain…
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Australia's consumer watchdog Australian Competition and Consumer Commission (ACCC) has issued a warning for 'Punters' to watch out for betting and sports investment scams which falsely promise high odds and big returns on the annual Melbourne Cup Day. Melbourne Cup Day is Australia’s best known horse racing event, held on the first Tuesday of November every…
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LeapRate Exclusive... If you can't beat 'em, join 'em. LeapRate has learned that FX trading platform and technologies provider Leverate has inked a deal with (former) rival MetaQuotes, to provide support for MetaQuotes' new MT5 multi asset platform. We expect the companies to make a formal announcement shortly. Metaquotes is in the midst of a…
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Your Weekly Trading Review by UFX.com – Sunday, November 5th, 2017 Here are some of the major financial events of the past week and how they affected the global financial markets: EUR/USD fell by 0.43%, closing at $1.1608. The GBP/USD rose by 0.14%, closing at a £1.3077 exchange rate. The Dow ended the week on a high…
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The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, Many Forex and CFD traders try to apply the Elliott Wave Theory for a short while… but the majority quickly moves on to the next indicator or tool. Why does this happen? Most traders understand the theory…
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Forex Industry News from the past week... Which EU country delayed plans to further limit leverage in Retail FX trading? Which longtime FX broker CEO jumped from one FCA regulated firm to another? Which leading FX affiliate group raised $10 million to pursue acquisitions? Why did shares of Gain Capital Holdings Inc (NYSE:GCAP) pop by 20%?…
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