ICAP registers 18% MoM decrease in EBS trading volumes in March 2016 LeapRate

April 05, 2016 BY Maria Nikolova

ICAP registers 18% MoM decrease in EBS trading volumes in March 2016

Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has earlier today posted its electronic volumes metrics for March 2016, with trading activity on EBS lagging behind February 2016 levels. Average daily volumes at EBS amounted to $83.7 billion in March 2016, down 18% from February's reading of $102.6 billion.…

April 05, 2016 BY Maria Nikolova

GMO Click's OTC Forex volumes drop 24.6% MoM in March 2016

Japanese online trading services provider GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for March 2016, with the month failing to match the February 2016 achievements. Both OTC and on-exchange trading volumes took a dive in March, although GMO Click saw a rise in Forex accounts.…

April 05, 2016 BY Maria Nikolova

Monex sees global FX volumes dive in March 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its volumes metrics for March 2016, with numbers down from February 2016 levels. The apparent reasons for the plunge include the sale of FX accounts of TradeStation Forex (IBFX) in Australia and the United States to OANDA last month, as well as seasonal factors. The…

April 05, 2016 BY Maria Nikolova

R3 Consortium, Microsoft unveil strategic partnership

R3 Consortium and Microsoft Corporation (NASDAQ:MSFT) have unveiled a strategic partnership aimed at bolstering the use of distributed ledger technologies among R3 member banks and international financial markets. R3 also named Microsoft Azure the preferred cloud services provider for its R3 Lab and Research Center serving more than 40 member banks. Under the collaboration, Microsoft…

April 05, 2016 BY Maria Nikolova

Monex partners with Broadridge over equity and investment trust processing

Japanese Forex broker Monex Inc, part of Monex Group, Inc. (TYO:8698), has selected JASDEC (Japan Securities Depository Center, Inc.) Processing Solution of Broadridge Financial Solutions, Inc. (NYSE:BR) to support its Japanese equity and investment trust processing business. The collaboration will enable Monex to enhance its retail trading and client services and further develop its growth…

April 05, 2016 BY Maria Nikolova

ASX registers 44% MoM rise in futures & options volumes in March 2016

We are diving deeper into the volumes reporting season, with most companies thus far announcing trading volumes which are weaker than in February 2016. ASX is not one of them, if we take into account the data reported by the Exchange earlier today, as futures and options on futures volumes rose steeply from February 2016…

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…

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…

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…

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…