June 07, 2016 BY LeapRate Staff

Saxo Bank FX volumes off marginally in May to $255 billion

Considering the fairly down figures we've witnessed so far for both retail and institutional FX platforms in May, Copenhagen-based Saxo Bank's figure of $255 billion for the month seems fairly strong. On an ADV basis, volumes were down 3.2% from $12.4 billion per day in April at Saxo Bank to $11.6 billion in May. The…

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June 07, 2016 BY Mike Fox

6 new trader analytics measurements released on FX Junction

FX Junction, the largest open social network for Forex traders announced it has released several new trader analytics indicators. FX Junction now offers six new analytics to measure trader’s performance. Effective immediately, FX Junction members with a linked MT4 account can analyze their own performance as well as other trader’s performance with the following new powerful indicators: Relative Drawdown, Maximum Drawdown, Sharpe…

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June 07, 2016 BY Mike Fox

TradingScreen partners with Quantitative Brokers for best execution algos

TradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, and Quantitative Brokers (QB), a leading provider of clearer and dealer-neutral agency algorithms for fixed income and futures markets, have partnered to provide QB’s best execution algorithms through the TradingScreen electronic trading platform. This suite includes the Bolt and Strobe algorithms…

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June 06, 2016 BY Mike Fox

Thomson Reuters Spot FX volumes dip 3% in May to $94 billion

Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for May 2016, with spot FX volumes continuing to slide after a hot start to the year, where China and oil risk led trading volumes higher. Spot FX volumes averaged $94 billion a day in May 2016, down 3% from the result of $97 billion reported in April 2016. The…

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June 06, 2016 BY Mike Fox

EBS volumes down 11% MoM to $72.6bln, lowest since July '14

EBS Market, the anonymous central limit order book from ICAP (LON: IAP) today reported volumes for May 2016 coming in $72.6bln, down 11.8% from April's $82.3bln. Volumes were also down YoY from May 2015's $95.9bln, good for a 24.2% decline. Most of the industry as reported here on LeapRate had a lackluster May in terms…

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June 06, 2016 BY LeapRate Staff

CFTC charges Haena Park and her companies with misappropriation, trading fraud, and running a Ponzi scheme

The U.S. Commodity Futures Trading Commission (CFTC) has announced the filing of a civil enforcement action charging Haena Park and her companies operating under various names including Phaetra Capital GP LLC, Argenta Capital GP LLC, Phaetra Capital Management LP, Argenta Capital LLC, and Argenta Group LLC with fraudulently operating a commodity pool and misappropriation of pool…

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June 06, 2016 BY Mike Fox

CFTC signs MOU with ESMA related to recognized central counterparties

The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Timothy Massad signed a Memorandum of Understanding (MOU) with the European Securities and Markets Authority (ESMA) regarding cooperation with respect to derivatives clearing organizations (DCOs) established in the United States that have applied or that may apply to ESMA for recognition as central…

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June 06, 2016 BY LeapRate Staff

IHS and Markit Announce Senior Executive Leadership Appointments for IHS Markit

Business analytics provider IHS Inc. (NYSE: IHS) and financial info services specialist Markit Ltd (NASDAQ: MRKT) today announced senior executive leadership appointments for IHS Markit following the consummation of their planned $13 billion merger that was announced on March 21, 2016. The appointments will be effective upon completion of the proposed merger transaction, which is…

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