Continuing a significant up trend we’ve seen across the Forex trading universe in June thanks in large part to Brexit, Japanese online brokerage leader GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for June 2016, with volumes nicely rising from May levels. Both OTC and on-exchange…
Read moreMetaQuotes has been making a concerted push recently to get both brokers and traders to upgrade from MT4 to MT5, adding hedging features and more languages to MT5. Today, the company announced the release of the web version of the multi-asset MetaTrader 5 platrform. It allows trading Forex and exchanges from any browser and operating system.…
Read moreAfter a brief recovery last week which ended with Boris Johnson's withdrawal from the race to replace David Cameron as British Prime Minister, the British Pound continued downward on Tuesday setting post-Brexit lows in the 1.31 range (as at time of writing the GBPUSD Cable trade was at 1.3170). What is going on? Saxo Bank’s Head…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for June 2016, with the broker no longer reporting global Forex volumes following the transfer of OTC FX accounts offered by the FX companies of TradeStation Group to OANDA Corporation and OANDA Australia Pty Ltd in March. Monex’s FX volumes now comprise only the OTC FX…
Read moreLeapRate Exclusive... Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) has indicated in regulatory filings that global bank JPMorgan Chase & Co. (NYSE:JPM) has reduced its stake in the company to 3.69%. JPMorgan had taken a 7.43% stake in SafeCharge late last year. It looks like JPMorgan will take a loss on the shares…
Read moreFlexTrade Systems, the industry pioneer in broker-neutral algorithmic trading platforms for equities, foreign exchange and listed derivatives, has announced that it has opened a representative office in Sydney, Australia. FlexTrade has been building its presence in the APAC region with senior sales hires. With the proposed increases in superannuation contributions there will be an increase in…
Read moreBinary platform provider and operator TechFinancials Inc (LON:TECH) has issued a statement indicating that its 2016 first half results should be in line with expectations. TechFinancials released a formal statement which will be delivered tomorrow at the company's annual general meeting, with highlights including: the company's 'B2B' platform business saw Revenues grow 30% YoY TechFinancials…
Read moreThe use of leverage is often an underrated topic amongst traders managing the risk that comes with trading a forex account. As a new month begins, it's a good idea to look at how you can use just the right amount of leverage to ensure longevity and long term growth in your trading account. Just because the massive…
Read moreContinuing a trend of strong June FX trading volumes worldwide, propelled in part by action around Brexit, Moscow Exchange has reported that FX turnover rose 16% MoM in June. Overall volumes on Moscow Exchange were up 21% in June to RUB 70.2 trillion, from RUB 58.1 trillion in May. The Money Market and Derivatives Market…
Read moreSilver has jumped 47% this year, hitting a new record high last Tuesday, vaulting as much as 7% above $21 for the first time since 2014. Gold increased with 1.2% to $1,357.63 an ounce – assets in gold ETFs are at their highest level now for more than 2 years. According to Bob Takai, president…
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