April 11, 2016 BY Mike Fox

Pragma launches SmartFix algorithm to improve FX trading performance against WM/R 4pm

Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing. The algorithm is based on patterns detailed in a research paper released by Pragma today. Following recommendations from regulators in the…

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April 11, 2016 BY Mike Fox

Advanced Markets and Fortex welcome Bjorn Enqvist as Managing Director

Advanced Markets LLC, the leading institutional liquidity provider and prime of prime, and Fortex Inc., the pace-setting FX technology company, have today announced the appointment of  Bjorn Enqvist to the role of Managing Director. Bjorn will be responsible for  driving business growth in Europe and worldwide through his vast expertise and institutional insight. Bjorn joins…

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April 11, 2016 BY Maria Nikolova

Z.com Trade adds new CFDs on indices to offering

Z.com Trade, a subsidiary of GMO Click Holdings Inc (TYO:7177), today announces two new additions to its CFD offering. Traders using the MT4 platform with Z.com Trade can now make use of contracts for difference on two very popular stock indices: UK100 (FTSE 100) and GER30 (DAX 30). In order to view the new products,…

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April 11, 2016 BY Maria Nikolova

AlgoStudio becomes available in PTMC trading platform

Since the launch of Protrader Multi-Connect (PTMC) in January this year, the solution has already been significantly developed, with the latest step in this direction announced today. AlgoStudio, a powerful and much-needed functionality for algo traders, has become available to users of PTMC. Thanks to this tool, traders will be able to adapt the PTMC to…

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April 11, 2016 BY Maria Nikolova

Tradimo makes Little Traders app available in German, Arabic languages

Less than three months after its launch, Tradimo's Little Traders app for iOS devices already boasts 5,000 players making use of this entertaining and useful solution. Tradimo released an updated version of the application today, adding German and Arabic languages to the English version of the program. Thus, more traders can dive into the world…

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April 11, 2016 BY Maria Nikolova

GAIN Capital extends 'poison pill' shareholder rights plan by 3 years

Perhaps many of LeapRate's devoted readers remember how FXCM Inc (NYSE:FXCM) made a “bear hug” offer to acquire GAIN Capital Holdings, Inc. (NYSE: GCAP) back in April 2013. GAIN responded by announcing a “poison pill” defense – a stockholder rights plan aiming to defend the company against hostile takeovers... GAIN Capital made an announcement earlier today,…

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April 11, 2016 BY Maria Nikolova

GAIN Capital registers continued decline in retail, institutional trading volumes in March

Online trading services provider Gain Capital Holdings Inc (NYSE:GCAP) has just published its key operating metrics for March 2016, which saw retail and institutional trading volumes decline, continuing a trend already exhibited in February 2016. The drop is barely surprising given that most of the FX trading services providers have thus far posted month-on-month decreases…

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