August 02, 2016 BY Valentina Kirilova

HKEX announces no trading sessions in the securities and derivatives markets today

Hong Kong Exchanges and Clearing Limited (HKEX) has announced that today's (August 2) trading sessions in the securities and derivatives markets, including After-Hours Futures Trading, have been cancelled due to the issuance of Typhoon Signal No. 8. No securities clearing and settlement services will be provided for the day. No Stock Connect northbound trading is…

Read more
August 02, 2016 BY Valentina Kirilova

FCA warns on clone firm Baumer Mansoor Financial Advisory

Today the UK Financial Conduct Authority put out details of the cloned firm Baumer Mansoor Financial Advisory. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. The clone firm are using or giving out the following details as part of…

Read more
August 02, 2016 BY Valentina Kirilova

FXSpotStream drops to $19.6 billion ADV in July volumes

Multibank FX aggregation service FXSpotStream has reported a total volume of $412,617 million in July 2016. True that last month had one trading day less than the 22 in June but the 9.6% drop from $456,490 million is quite obvious anyway. The ADV change YoY is +39.6% though. And still, considering the holidays in the beginning…

Read more
August 01, 2016 BY LeapRate Staff

IS Prime adds LD4 matching and connectivity

Prime-of-Prime FX services provider IS Prime has announced the expansion of its new connectivity and aggregation infrastructure with the launch of an LD4 hosted data center. The new infrastructure, launched this week, will enable clients to cross connect to IS Prime’s matching engines in either NY4 or LD4 through multiple price execution and delivery channels. IS…

Read more
August 01, 2016 BY Mike Fox

Aussie traders eye RBA announcement Tuesday - LeapRate Analysis

Will the Reserve Bank of Australia (RBA) cut interest rates to a fresh record low of just 1.50%? At the central bank's monetary policy decision tomorrow for August, the odds are in favor 2/3 for the central bank to do just that. In an era of low interest rates, this is still one of the highest…

Read more
August 01, 2016 BY LeapRate Staff

Forex Week in Focus, August 1: RBA, Bank of England, US payrolls

The following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. [divide] FXPRIMUS Week in Focus for the week beginning 1 Aug:  RBA, Bank of England, US payrolls The time for inaction is over. Both the Reserve Bank of Australia (RBA) and the Bank of England (BoE) are expected to…

Read more
August 01, 2016 BY Valentina Kirilova

LMRKTS and Tradition announce a combined FX compression service offering

The compression provider LMRKTS has recently facilitated the first multilateral FX compression designed to lower counterparty exposures and consolidate cash flows. LMRKTS has announced today a new strategic partnership with Tradition, wholesale market brokers in over-the-counter financial and commodity related products. The partnership between the two firms will initially handle execution and compression processing unique to…

Read more