Retail forex broker FXCM Inc (NYSE:FXCM) released August FX trading volume data, and they have come in fairly in-line with the industry wide late-summer slowdown we have seen at most of the leading Retail and Institutional eFX platforms. Retail forex volumes at FXCM came totaled $270 billion in August, down 4% MoM and 18% YoY, while Institutional…
Read moreQuod Financial, a London based provider of adaptive trading technology, announced today that it has released its Adaptive Foreign Exchange Platform, a foreign exchange trading and liquidity management solution for buy-side and sell-side firms. Quod Financial Adaptive FX Trading Platform (AFX) provides all of the tools that are essential for navigating the complexity of the…
Read moreThe Stock Exchange of Thailand (SET) Index, with upbeat results, continuously increased to 1,548.44, underpinned by the ongoing capital inflows into Asia. Consequently, foreign investors were net buyers of Thai shares for four consecutive months and bought net in Thai stocks in August at THB 34.35 billion (USD 981.54 million). At the end of August,…
Read moreAhead of the application of the new European regulatory framework on markets in financial instruments (MiFID II), the Autorité des Marchés Financiers (AMF) is reflecting on the implementation of new provisions on payment for research used by professionals providing investment advice on an independent basis or portfolio management. The AMF is thus launching a public…
Read more
It used to be that Retail Forex brokers advertised only online, and in ways in which ROI could be directly and easily measured. Then came sports sponsorships - usually in the form of getting a broker's name and logo on a popular Football team in a key target market. And while that still occurs, a…
Read moreMinouche Shafik, Deputy Governor for Markets and Banking, will leave the Bank at the end of February 2017 to become the Director of the London School of Economics (LSE). Bank of England Governor Mark Carney commented: We will say farewell to Minouche with gratitude and regret. She helped drive vital reforms on the domestic and…
Read moreAfter the announcement that August FX volumes decreased by 5% YoY, GAIN Capital Holdings, Inc. (NYSE: GCAP) has reported certain operating metrics for the month of August 2016. Retail Segment Metrics OTC average daily volume of $8.3 billion, a decrease of 17.6% from July 2016 and 54.9% from August 2015. OTC trading volume of $191.9 billion, a decrease…
Read more... and how brokers can overcome them.
Read moreSTOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a provider of innovative and tradable index concepts, has announced that the newly launched iSTOXX FactSet Thematic Indices that capture megatrends in investing have been licensed to iShares to underlie four exchange-traded funds (ETFs). iShares is a provider of ETFs, owned by BlackRock. The iSTOXX…
Read moreUniper SE (ISIN: DE000UNSE018) has been listed in the Prime Standard at the Frankfurt Stock Exchange since September 12, 2016. A total of about 366 million shares were placed in the IPO. The total issue volume was approximately €3.7 billion. The initial listing price was €10.015. Listing Agents were J.P. Morgan und Morgan Stanley. Designated…
Read more