Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for November 2016, with spot FX volumes rising to $101 billion, up 6.3% MoM from October's $95 billion. This was the platforms best performing month since June for spot volumes (see chart above) where 'Brexit' volatility saw 3x the normal volume the Friday of the vote during the summer…
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FlexTrade Systems, a global provider in multi-asset execution and order management systems, today announced the appointment of Aaron Levine as Vice President, OEMS Solutions. Based in the company’s headquarters in New York, Levine will manage sales and business development for FlexTrade’s new OEMS solution, FlexONE. Aaron Levine comes to FlexTrade after spending three years at…
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Continuing its string of warnings against unregulated brokers and other scams targeting people in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List two more binary options brokers. Joining the BCSC's Investment Caution List are an entity called Novox Capital Ltd., which operates the OptionStars binary options brokerage…
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Cyprus-headquartered brokerage easyMarkets today announced that it launched a CFD on the CBOE Volatility Index to its trading platform. Through easyMarkets, traders may now trade volatility as a Contract for Difference (CFD), which provides direct exposure to the fast-moving index. CFDs on the CBOE Volatility Index are offered under the ticker symbol Fear (VXX). The…
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Continuing our coverage of this morning’s news that UK financial regulator the FCA has issued new directives for Forex and CFD trading, banning bonus payments to retail traders and limiting CFD trading leverage to 50x... Shares of Gain Capital Holdings Inc (NYSE:GCAP), parent company of the retail Forex.com and GTX institutional FX brokerage brands, have dropped…
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Denver-headquartered NinjaTrader notified of updates to its trading platform today. Specifically, the NinjaTrader 8 SuperDOM has been redesigned to provide significant performance and usability improvements across the board. The DOM at the end of SuperDOM stands for Depth of Market. Putting more emphasis on the latest version of their platform, last month NinjaTrader provided a free…
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Wedbush Securities announced today the appointment of Bob Fitzsimmons as a Managing Director. In this capacity, Bob will oversee the business operations within the Futures Commission Merchant (FCM) division, with a focus on developing and defining the strategic direction for the Futures and Treasury division. Bob is based in the Chicago office and reports to…
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Fiserv, Inc. (NASDAQ: FISV) announced today the availability of Prologue™ Risk Manager. By aggregating insights from all factors that drive an institution's risk profile, Prologue Risk Manager provides comprehensive and accurate risk measurement for easier decisions. The solution provides financial institutions with an integrated risk management framework to improve financial performance. There are many types…
Read moreFurther to the announcements by markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) on 11 November 2015 and subsequently relating to ICAP's disposal of its global hybrid voice broking and information business to Tullett Prebon plc (LON:TLPR), including ICAP's associated technology and broking platforms and certain of ICAP's joint…
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Ouch! Financial spread betting companies are getting hammered really hard today after the FCA proposed stricter rules for CFD trading. CFDs, including spread bets and rolling spot foreign exchange products, are agreements between two parties to exchange the difference between the opening price and closing price of a contract. London-listed spread betters plunged by around…
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