Google’s Android Pay available as an in-app payment processing option for Paysafe merchants Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has teamed with Google to be one of the first Payment Service Providers (PSP) to launch in-app Android Pay capabilities to its merchants in Canada. Android Pay offers a fast, simple…
Read morePer the latest ‘poll of polls’ released yesterday May 31, conducted by the Press Association based on a 7-day rolling average of all published polls, approval ratings for the Conservative and Labour Parties are 44% and 35% respectively. The Conservatives’ lead is 9% which is higher than the previous shocking low 5% lead. Currently the…
Read more
Gain Capital Holdings Inc (NYSE:GCAP) retail forex unit Forex.com has announced the release of a new web trading platform to its U.S. customers. Forex.com's new web trading platform was developed in partnership with TradingView, which offers one of the most powerful web-based charting platforms available today. Developed in HTML5, it supports PC/Mac users and all…
Read more
Shares in UK online trading leader IG Group Holdings plc (LON:IGG) rose by 5% in Wednesday trading, after the company issued a fairly rosy Trading Update for its fiscal fourth quarter of 2017. IG has a May 31 fiscal year end, so the period in question is for the three month period of March-April-May 2017. IG…
Read more
Data released today by the Tokyo Financial Exchange indicated that forex trading volumes were down slightly during the month of May in Japan. The TFX indicated that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,220,588, down 1.2% MoM versus April but off 26.2% from last year May. Average daily forex trading…
Read more
Electronic trading network operator NEX Group PLC (LON:NXG) has announced today that Stuart Bridges, Group Chief Financial Officer, has stepped down from the Board and will be leaving the company later in the year. Samantha Wren, currently Chief Commercial Officer for NEX Markets, has been appointed to the CFO role and will join the Board…
Read more
Forex ECN FastMatch has some good news for its soon-to-be-new owners, Euronext NV (EPA:ENX). Data from FastMatch indicate that volumes in its system increased by 18% MoM in May, to average $22.5 billion ADV for the month. That makes May 2017 FastMatch’s best ever month for trading volumes, well ahead of March’s $19.2 billion, and the first time…
Read more
Beginning our peek into May 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that May trading volumes increased slightly by just over 1% MoM from April, clocking in at $28.1 billion average daily volume for the month. Hotspot's figures would have been even higher - $29.9 billion,…
Read more
Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List unregulated binary options broker Boss Capital, owned by Melnic Group Ltd., operated from website bosscapital.com. According to the BCSC, Boss Capital claims to be…
Read more
GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that May trading volumes in its system increased slightly from April, although they didn't quite reach the record volumes GTX reported in March. GTX saw total trading volumes of $306.5 billion in May, or $13.3 billion ADV, versus $280.7…
Read more