Lower FX volumes weigh on Financial & Risk revenues at Thomson Reuters in Q1 2016 LeapRate

April 26, 2016 BY Maria Nikolova

Lower FX volumes weigh on Financial & Risk revenues at Thomson Reuters in Q1 2016

As the “earnings season” is gathering pace, Thomson Reuters Corp (NYSE:TRI) has just announced its fiscal results for the first three months of 2016. Below are the highlights for the first quarter ended March 31, 2016: Reported revenues of $2.79 billion, down 1% year on year. Before currency, revenues grew 1%. Excluding recoveries, revenues increased 2%…

April 26, 2016 BY Mike Fox

LSE sees Hungary become second non-Chinese issuer of sovereign RMB debt

London Stock Exchange today saw the second RMB denominated government bond of a non-Chinese issuer admitted to trading on its markets. The Hungarian Government mandated the Bank of China to arrange an RMB denominated three year sovereign bond of RMB 1 billion as part of a wider initiative to boost links and commerce between Hungary…

April 26, 2016 BY Maria Nikolova

Interactive Brokers updates IB TWS application for Android devices

Less than a month after one of the major international providers of online trading services, Interactive Brokers Group, Inc. (NASDAQ:IBKR), rolled out an update to its IB TWS application for Android gadgets, the company is ready with another enhanced version of the solution. The latest version of the application, released on April 25, 2016, enables traders…

April 26, 2016 BY Maria Nikolova

Rakuten Securities posts net income of JPY 15.3 billion in FY 2016

Rakuten Securities Inc, the current owner of FXCM Japan and FXCM Asia, once owned by FXCM Inc, today announced some financial metrics for the fiscal year to March 31, 2016. Rakuten Securities, a part of Rakuten Inc (TYO:4755), posted operating revenues of JPY 55 billion for the 12 months to March 31, 2016, whereas the…

April 26, 2016 BY LeapRate Staff

Saxo Bank hires ex Nomura exec Jeff Zorek as COO of Global Sales

Retail forex broker Saxo Bank has continued the build-out of its management team, with the hiring of Jeff Zorek as Chief Operating Officer (COO) of Global Sales. Zorek will be based in London and will report to Matteo Cassina, Global Head of Sales at Saxo Bank. In this newly created role, Zorek will be responsible for…

April 26, 2016 BY LeapRate Staff

Goldman Sachs opens its doors to online Retail clients with GSBank.com

Will Goldman expand its new offering beyond basic online Retail banking to include trading and other services?

April 26, 2016 BY Maria Nikolova

Swissquote releases updated version of Advanced Trader mobile app

Leading Swiss online trading, banking and investment services provider Swissquote Group Holding SA (SWX:SQN) has released an update to its mobile application Advanced Trader, with the enhancements covering both the iOS and Android version of the solution. The latest enhancements include the addition of new instruments and some minor improvements. Users of the Android app are…

April 26, 2016 BY LeapRate Staff

ICM Capital adds MT4 webtrader platform

FCA regulated retail forex broker ICM Capital has added MT4 Web Trader, a new web-based trading terminal requiring no download or installation for both live and demo servers. To start using the terminal clients simply need to apply for an account with ICM Capital and have a stable internet connection. Web traders have become increasingly…

April 26, 2016 BY Maria Nikolova

Italy's Consob issues warning against FX firm Venice Forex Investment

Italy's financial markets watchdog Consob has earlier today issued a couple of more warnings at investment firms targeting Italian residents without having the necessary authorization to do so. The latest number of companies to get such warnings includes FX firm Venice Forex Investment. Consob notes that Venice Forex Investment Doo is not authorized to provide…

April 26, 2016 BY Maria Nikolova

Zhongrong International becomes SGX derivatives trading member

A month after Singapore Exchange Limited (SGX:S68) welcomed Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members, it announces a new derivatives trading member. The latest addition is Hong Kong-based Zhongrong International Futures Company Limited. The admission of Zhongrong International Futures Company Limited takes the total number of Trading Members in SGX’s…