CBOE Holdings reports 4Q 2016 financial results, operating revenue up 5% LeapRate

February 07, 2017 BY Valentina Kirilova

CBOE Holdings reports 4Q 2016 financial results, operating revenue up 5%

Just several days after releasing its low January trading volumes, CBOE Holdings, Inc. (NASDAQ: CBOE) announced its financial results for the fourth quarter and full year ended December 31, 2016. For the quarter ended December 31, 2016, the company reported GAAP net income allocated to common stockholders of $44.7 million, or $0.55 per diluted share,…

February 07, 2017 BY Valentina Kirilova

CMC Markets Sydney hires Andrew Wood as Business Development Manager

London-based online trading firm CMC Markets Plc (LON:CMCX) announced the appointment of Andrew Wood as Business Development Manager, Institutional Business, to the company's Sydney office. Andrew Wood brings with him 15 years of financial services experience and is regarded as a specialist in the provision of foreign exchange solutions and derivatives products for the institutional…

February 07, 2017 BY Valentina Kirilova

Plus500 reports record quarterly Revenues of $91.3M, $117M profit for 2016

CFD broker Plus500 Ltd (LON:PLUS) just announced preliminary unaudited results for the year ended 31 December 2016, which include record quarterly Revenues of $91.3 million in the fourth quarter. For the full year 2016, Plus500 brought in $327.9 million in Revenues and earned Net Profit of $117.2 million, also both best-ever results for the CFD broker.…

February 07, 2017 BY Valentina Kirilova

Longtime FXDD executive Lubomir ‘Lubo’ Kaneti moves to Cantor Exchange

Cantor Exchange announced that Lubomir Kaneti has joined Cantor Futures Exchange as a Senior Managing Director, charged with business development, marketing and customer acquisition. Mr. Kaneti will be based in New York and will report to Richard Jaycobs, President, Cantor Exchange. Mr. Kaneti comes to Cantor Exchange from FXDD, a retail foreign exchange broker, where…

February 07, 2017 BY LeapRate Staff

FXCM sells its US clients to Gain Capital as it exits US Forex market

Following our earlier report that New York based retail forex broker FXCM Inc (NASDAQ:FXCM) had been banned from the US market (alongside bans for CEO Drew Niv and co-founder William Adhout) after FXCM settled allegations of defrauding customers regarding its market making activities, FXCM has put out a statement confirming the settlement with US regulators CFTC…

February 06, 2017 BY LeapRate Staff

FXCM and CEO Drew Niv kicked out of US Forex market, fined $7 million for defrauding customers

In a fairly harsh and historic move, the US Commodity Futures Trading Commission (CFTC) has banned FXCM Inc (NASDAQ:FXCM) from its home US market, as well as a permanent registration ban for CEO Drew Niv (pictured above). More details follow. We expect the company to put out a formal statement within about an hour, formally announcing…

February 06, 2017 BY admin

US retail forex broker assets inch up to $525 million for December 2016

The latest CFTC data from US retail forex brokers is out for December 2016 from reports filed by January 26th, 2017. The data showed a minor rise in assets held by US retail forex traders to $525 million, a 0.3% rise from November's $523 million (see chart above). Continuing to lead the way in December was…

February 06, 2017 BY admin

Santander and Worldline extend their partnership for payment services

Worldline (Euronext: WLN), through its equensWorldline subsidiary specialized in financial processing, and the Santander (NYSE: SOV-C) Consumer Bank S.A. in Poland, extend their partnership for new services. equensWorldline processes the Visa credit cards of the Santander Consumer Bank in Poland. The contract covers, amongst others, the co-branding cards of European consumer electronics chains. The contract…

February 06, 2017 BY Valentina Kirilova

Thomson Reuters acquires Clarient Global LLC and Avox Limited

Information giant Thomson Reuters Corp (NYSE:TRI) has signed definitive agreements to acquire Clarient Global LLC and Avox Limited. Clarient is a global Know Your Customer (KYC) and client reference data platform owned and used by the Depository Trust & Clearing Corporation (DTCC), Barclays, Credit Suisse, Goldman Sachs, J.P. Morgan, BNY Mellon, and State Street, among…

February 06, 2017 BY Valentina Kirilova

TMX Group releases January volumes, MX with a new open interest record

TMX Group Limited (TSX: X) just announced January 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. MX achieved a new open interest record for Options on Three-Month Canadian Bankers’ Acceptance Futures (OBX) of 305,576 contracts on January 31, 2017. The total volume…