NEX Group plc (LON:NXG) just announced its electronic market volumes for the last month of 2016. EBS December Forex volumes dropped down 35% to $74.8 billion ADV from November's hit number, but after all, this was the company's best month since January 2015 at $114.6B ADV. US treasury also dropped with -28.81% to $152.2 billion…
Read more
Why do all broker ads look the same and talk about the same things? Why not focus on being different?
Read more
GMO Click Holdings, Inc. (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, has released its monthly preliminary report of its subsidiaries for December 2016. Equity Trading Value was ¥1,928,226 last month of 2016, increase with 8.44% MoM. Number of Executed Equity Trades was also slightly higher compared to November - 1,687,796 in…
Read more
TMX Group (TSX: X) just announced the sale of risk management business Razor Risk to UK-based Parabellum Limited. TMX Group has undertaken a transformative initiative to streamline the organization, enhance client services and achieve a more efficient cost structure. The decision to enter into this transaction was made within the scope of the company's strategy…
Read more
The UK Financial Conduct Authority (FCA) announced that is aware that an email has been sent which appears to be from [email protected]. This email was not sent by the FCA and recipients should delete the email without opening. An email entitled "FCA Regulation 2017" which appeared to be from [email protected] was also not sent by…
Read more
The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has obtained a federal court Consent Order against Jon Corzine, former CEO of MF Global, requiring him to pay a $5 million civil monetary penalty for his role in MF Global’s unlawful use of customer funds totaling nearly one billion dollars, and for his…
Read more
National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry, has announced that its new proposed rules regarding trade data disclosure around Forex transactions will become effective as of March 31, 2017. We had reported back in November that the NFA decided that more transparency was needed in retail forex transactions - in…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
USD/CNH Futures, the US dollar/Offshore Renminbi (RMB) futures traded at Hong Kong Exchanges and Clearing Limited (HKEX), had record high volume of 20,338 contracts (US$2 billion in notional value) today and open interest is at an all-time high of 46,711 contracts (US$4.7 billion in notional value). Today's record, comprised of all-time high trading in last…
Read more
Live Analytics Inc, a provider of currency trading insights and analysis, has signed a definitive agreement under which Finance Magnates will acquire ForexLive.com. Michael Greenberg, Finance Magnates CEO, commented: Earning the trust of millions of traders makes ForexLive a perfect fit for us. ForexLive has proved to share our commitment to fast rate news, editorial…
Read more