Leading off our reports of FX trading volumes for July by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 9% drop in activity from June volumes. FX trading volumes at FastMatch averaged $18.0 billion daily in July - the company's second consecutive monthly volume decline - as compared to $19.7 billion…
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Beginning our peek into July 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that July trading volumes decreased slightly by about 3% MoM from June, clocking in at $27.1 billion average daily volume for the month. Similar in pattern to June, activity did seem to be stronger in…
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The following post is based on research from Stephen Simonis Sr., Chief Currency Analyst at FXDD. The dollar benefited after President Trump's election in November on hopes that things will finally get done in Washington. As those hopes are fading, so has the bullish tone on the dollar and it has fallen 7% this year. Political issues…
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Online marketing services specialist Optimove has announced that Tal Kedar has been appointed the company’s new Chief Technology Officer. Kedar will play a key role in shaping Optimove’s technology and innovation strategies as the company expands its capabilities to help marketers build a more active and loyal customer base using artificial intelligence. Kedar brings deep…
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The U.S. Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The four former brokers charged are Christopher S. Laws, Jonathan D. Cooke, Danny S. Hood, and Brandon P. Long. The…
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The following post is based on research from Arnaud Masset, Market Analyst at Swissquote Group Holding SA (SWX:SQN). For more of Arnaud's research see Swissquote Research. The Swiss National Bank reported a profit of CHF 1.2 billion for the first half of 2017, compared to CHF 7.9 billion for the first quarter. The sharp appreciation of the…
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Global forex brokerage NordFX has informed today that the Thailand based MyPay Payment System has officially announced that, starting from August 2, 2017, it will stop processing payments including the option to Deposit into MyPay Pocket. The management of MyPay told NordFX the reason for this is the unprofitability of working in Thailand due to…
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The Vienna Stock Exchange (VSE) is opening up a new dimension in electronic trading in Austrian and international stocks today. After having run the exchange for 17 years on the Xetra system, the Vienna Stock Exchange is now going live with the T7 trading system, next generation global trading technology. The system is provided by…
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Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has issued its 2017 annual report, highlighting the CSA's ongoing fight against Binary Options scams targeting Canadian consumers. The CSA comprises a council of securities regulators of Canada’s 10 provinces and three territories. It coordinates and harmonizes regulation for the Canadian capital markets. The CSA devoted an entire section…
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The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight announced today that it has issued the results of a rule enforcement review of the North American Derivatives Exchange Inc. (Nadex), with the review results being fairly positive. Nadex is a regulated Binary Options exchange, owned by UK based online trading leader IG Group Holdings…
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