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…
Read moreR3 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…
Read moreJapanese 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…
Read moreWe 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…
Read moreFebruary 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…
Read moreIn 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…
Read moreContinuum, 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…
Read moreThe 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…
Read moreThe 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,…
Read moreMoscow 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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