April 04, 2016 BY Mike Fox

U.S. Forex brokers show mixed data for client assets in February

February data from just released CFTC reports filed by April 1st reveal that Forex brokers within the United States for February in total increased assets to get back above the $500 million handle to $518,945,514 from the $499,339,084 low point reported in January. (see graphs above and below). Notable changes which recently have occurred in the report is the removal of MB…

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April 04, 2016 BY Maria Nikolova

Bats Global Markets sets IPO price at $17-$19 per share

In tune with LeapRate's earlier report about plans of Bats Global Markets, Inc., owner of Hotspot FX, to go public again, the company today announced the launch of its initial public offering. The company announced an offering of 11,200,000 shares of its common stock by certain Bats stockholders. The initial public offering price per share is…

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April 04, 2016 BY Mike Fox

CQG partners with OANDA to expand U.S. Forex trading

Continuum, CQG's enterprise API division, has partnered with OANDA, a provider of online Forex and over-the-counter commodities and indices trading services, to enhance its US-based FX trading offering. The connection to OANDA's fxTrade platform is powered by Continuum's API, Continuum Connect. Customers using CQG Integrated Client, CQG QTrader, CQG M, and CQG FX, as well as those…

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April 04, 2016 BY Mike Fox

CFTC announces largest ever whistleblower award of more than $10 million

The U.S. Commodity Futures Trading Commission (CFTC) today announced an award of more than $10 million to a whistleblower who provided key original information that led to a successful CFTC enforcement action. The award is the largest made by the CFTC’s Whistleblower Program to date and the third award to a whistleblower who provided valuable…

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April 04, 2016 BY Mike Fox

Japan authorities set to freeze duos assets over multibillion yen FX trading scam

The Japan Times reported today that the Nagoya District Public Prosecutor’s Office is set to seek a court order to freeze the assets of two individuals accused in a multibillion-yen forex investment fraud case, informed sources told the paper Monday. Nagoya is the center city of Japan's third-largest metropolitan region. The pair, including a man named Masaaki Ito, 48,…

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April 04, 2016 BY Maria Nikolova

Moscow Exchange registers 3.5% MoM drop in Forex ADV in March 2016

Moscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian trading venue for currencies, shares and derivatives, has earlier today published its monthly volume metrics for March 2016, with monthly Forex volumes up in monthly terms but average daily volumes (ADV) down from February 2016 levels. MOEX reported monthly FX market turnover of RUB…

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April 04, 2016 BY Maria Nikolova

CME Group sees FX volumes fall 4.4% MoM in March 2016

International derivatives marketplace CME Group Inc (NASDAQ:CME) has just published its volumes metrics for March and the first quarter of 2016, with Forex metrics failing to impress. CME Group reported FX average daily volume (ADV) of 912,000 contracts in March 2016, a result which is down 4.4% from the levels seen in February 2016. The…

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April 04, 2016 BY Maria Nikolova

Spain's CNMV warns against BelforFX

Spain's securities commission CNMV today updated its list of public warnings, adding Forex firm BelforFX. BelforFX claims it has several addresses: in Bulgaria, in the Seychelles and in Anguilla. The company is operating via www.belforfx.com, with the Spanish regulator mentioning one more website in the warning – www.isocialfx.com. The latter belongs to a social trading…

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