May 09, 2017 BY Saxo Bank

Why the euro must head lower

Schizophrenia is a disorder of the mind characterised by hallucinations and delusions. This is, in my personal view, not too harsh a term to apply to the euro. After all, it is a currency whose DNA was created in an economic experiment that sought to weld 19 diverse economies together under the rule of the…

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May 09, 2017 BY Valentina Kirilova

ECC cooperates with KB TECH to expand access to commodity markets

The European Commodity Clearing (ECC) just announced that cooperates with KB TECH Ltd. to expand access to cleared commodity markets for trading participants. KB TECH is a UK based software development company providing data management services and products to the trading, pension and financial markets. KB TECH has launched a dedicated portal “KB Portal” which…

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plus500-atletico madrid
May 09, 2017 BY LeapRate Staff

Plus500 statement on BaFin CFD regulation for Germany

FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has added its voice to the general positive consensus of reaction to the new CFD brokerage and trading regulations put in place by Germany financial regulator BaFin. BaFin finalized new, relatively mild, rules for Forex and CFD brokerage, basically requiring just negative balance protection for German traders. No…

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May 09, 2017 BY Valentina Kirilova

CBOE reports first quarter 2017, GAAP revenue up 35%

CBOE Holdings, Inc. (NASDAQ: CBOE) today reported financial results for the first quarter of 2017, and provided updated 2017 guidance to reflect its acquisition of Bats Global Markets, Inc. First-Quarter 2017 Highlights GAAP Revenue Less Cost of Revenue of $193.4 Million, up 35%, Reflects the Bats Acquisition Organic Net Revenue of $154.2 Million, up 8%,…

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May 09, 2017 BY Saxo Bank

Aussie looks set to go lower still

BackgroundAUDUSD has been travelling lower since it topped out in March and has now broken another important level at 0.7388, suggesting we can head back to the January lows. We can sell a rally to take advantage of this as 0.7377-88 looks like it will cap any recovery.Management and risk descriptionWe will iniitally risk 40…

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May 09, 2017 BY Think Markets

Volatility lower, Euro slips further

The German industrial output data for March edged higher with the print coming in at -0.4%. This is much better than the forecast of -0.7%, mainly due to lower energy prices and bolstered global demand. On a less bright side, the German investment good output fell 1.2% from the previous number.  All in all, we…

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May 09, 2017 BY Valentina Kirilova

Monex Group monthly FX volumes continue the tumble lower

Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics of its subsidiaries in April 2017 and the results don't look so good. The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 245,558 in April - down 4.72% from…

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May 09, 2017 BY Valentina Kirilova

LiquidityBook adds Broadridge Les Vital as Head of Technical Sales as demand for its POEMS platform grows

LiquidityBook just announced the addition of Les Vital as Head of Technical Sales The appointment comes as demand accelerates for its POEMS (portfolio, order and execution management system) platform, with clients across the Americas and Europe turning to LiquidityBook to help reduce TCO (total cost of ownership), improve efficiency and meet increasing regulatory compliance demands…

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