Dubai Gold & Commodities Exchange (DGCX) has announced the appointment of Bank of China (BOC), as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC), a wholly owned subsidiary of DGCX. Bank of China is the first Chinese bank to be appointed as a Settlement bank for DCCC and would be operating through its Abu…
Read moreSingapore Exchange Limited (SGX:S68) today announced its plans to list contracts on the MSCI China Free Index. The new contracts will expand the suite of China-linked risk management products available on SGX, with specific relevance to global institutional investors in China equities. SGX’s China-linked offering already includes equity, FX and iron ore derivatives. On top…
Read moreLeapRate Exclusive... LeapRate has learned that former City Index CEO Mark Preston is joining the board of FCA-regulated Monecor (London) Ltd, parent company of retail Forex, CFDs and spreadbetting broker ETX Capital. Preston's role will not be a management one at ETX. He will be serving as an Independent Non Executive director on the company's board.…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian venue for trading currencies, stocks and derivatives, has just published its detailed operating metrics for February 2016. LeapRate has already reported that the monthly Forex volumes at the Exchange rose month-on-month in February 2016, whereas the ADV staged a drop. The data released today…
Read moreThis article was written by Yael Warman, Content Manager at Leverate. Yael is a creative writer with a strong background in marketing and advertising. Yael has been a writer for over 10 years and has worked for clients in various industries as well as her own companies. Forex sales can be an extremely lucrative profession.…
Read moreProvider of trading, investment and information solutions for the financial community Fidessa Group plc (LON:FDSA) today announced the release of the latest version of its Minerva buy-side order management system (OMS). Minerva forms part of Fidessa's Investment Management Solutions suite which offers comprehensive, end-to-end workflow for investment decision, compliance, orders & trading and post-trade across…
Read moreGlobally regulated Forex brokerage Admiral Markets announced this week an extension on its offering. From the session opening Monday March 28 2016, Admiral Markets CFDs on indices and commodities will be: accessible, via reduced margin requirements and contract size cost effective, via reduced spreads. Leverage enhancements The leverage rate on most popular indices, commodities and CHF currency pairs will…
Read moreFCA-regulated Forex and CFD broker Hantec Markets has just presented the visitors of its website with a fresh new look, in tune with a trend amid retail FX brokers to clear websites of extra textual content and include more visual items. Hantec's redesigned website (www.hantecfx.com) offers sleek interface, enabling easier navigation amid themes and topics interesting…
Read moreOnline trading services provider Plus500 Ltd (LON:PLUS) has just announced the appointment of Elad Even-Chen as Group Chief Financial Officer, effective March 15, 2016. Mr Even-Chen currently serves as the Finance Director and VP Business Development at Plus500 Ltd., is a director of Plus500CY Ltd. He has worked for the broker for the last four years.…
Read moreProvider of intelligent market data and order execution solutions Redline Trading Solutions has announced that Mexican investment and brokerage firm GBM (Grupo Bursátil Mexicano) is deploying Redline’s InRush market data solution to bolster the reliability and lower the latency for market data pricing delivery from the Mexican Stock Exchange (BMV). InRush is deployed to the…
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