May 04, 2016 BY Maria Nikolova

R.J. O’Brien Europe hires Peter Jerrom, John Burt as Senior Vice Presidents, Listed FX brokers

Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) announces today that its London-based affiliate R.J. O’Brien Europe Limited (RJO Europe) has appointed Peter Jerrom and John Burt as Senior Vice Presidents, Listed Foreign Exchange (FX) Brokers. Mr Jerrom and Mr Burt both previously served as Co-Head of Exchange-Traded FX at Sigma Broking…

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May 04, 2016 BY Maria Nikolova

Fortex launches turnkey xForce Prime of Prime solution for Forex brokers

ECN trading platform Fortex, Inc. today announces the launch of its xForce Prime of Prime Suite for FX Brokerage companies. 
xForce Prime of Prime is an end-to-end, prime-of-prime solution aiming to enable banks and brokerages, looking to become FX liquidity providers, to distribute their price streams directly to their partners' systems. FX Brokerages can now onboard…

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May 03, 2016 BY Mike Fox

BitPay officially launches Bitcoin based Visa card

BitPay, a Bitcoin payments solutions company with offices in Atlanta, San Francisco and Amsterdam today launched the BitPay Visa Card, a debit card available to consumers across America in all 50 states. The BitPay Card can be loaded from any bitcoin wallet. There are zero fees on bitcoin top-ups, and you can load up to $10,000 per day in…

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May 03, 2016 BY Maria Nikolova

OptionsHouse' owner Aperture Group names Lance Braunstein CIO

Aperture Group, LLC, the owner of OptionsHouse, which last month got a Futures Commission Merchant (FCM) registration, announces today that Lance Braunstein has been appointed as Chief Information Officer. Mr. Braunstein joins Aperture Group from Goldman Sachs Group, Inc. where he served as Managing Director, Global Head of Investment Banking Technology. Prior to his nearly…

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May 03, 2016 BY Maria Nikolova

UK competition regulator refers ICE’s acquisition of Trayport for in-depth investigation

A follow-up to LeapRate's earlier report about the investigation by the Competition and Markets Authority (CMA) of the acquisition of Trayport by Intercontinental Exchange Inc (NYSE:ICE)... Last week, the CMA said that it would refer the merger for an in-depth investigation unless Intercontinental Exchange (ICE) offered necessary undertakings to address the CMA’s competition concerns. The regulator…

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May 03, 2016 BY Maria Nikolova

CME Group registers 15.5% MoM drop in FX volumes in April 2016

International derivatives marketplace CME Group Inc (NASDAQ:CME) has just published its volumes metrics for April 2016, with Forex volumes continuing the downward trend exhibited in March 2016. CME Group reported FX average daily volume (ADV) of 771,000 contracts for April 2016, a reading that is 15.5% down from the reading of 912,000 contracts reported for…

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