LeapRate Exclusive... Continuing our exclusive coverage of the Chapter 11 filing of NFA-regulated FX introducing broker ATC Brokers US and its parent company Avail Trading Corp., LeapRate has learned that FXCM has now dropped ATC as a referring broker, effective March 18. FXCM sent out emails on Tuesday (see a copy below) to all clients which…
Read moreInternational derivatives broker Sucden Financial Limited today announces that Chris Adams will re-join the company in April. Mr Adams will assume strategic responsibility for the LME Ring Dealing Team, which will still be managed by Geoff Ison and Danny Messinger. Mr Adams, who at present works at Levmet in Monaco, is returning to London. He…
Read moreForex and Binary Options platform provider Leverate has announced a new client relationship with C7, a new generation broker focused on China and South East Asia, which will Leverate's feature social trading and mobile platform capabilities. With Leverate’s support, C7 is expanding their market coverage to the Greater China Region and South East Asia this year. The…
Read moreThomson Reuters Corp (NYSE:TRI) today announces that its flagship financial desktop, Eikon, now offers all of its financial content sets from one platform. As a result of the enhancements, Thomson Reuters Eikon customers get access to I/B/E/S estimates, Reuters news, StarMine quant models, a set of environmental, social and governance (ESG) measures, a Deals database,…
Read moreRussia’s Commission for the regulation of relations in the financial market (KROUFR) today added Forex broker MXTrade to its “Black List”. Clients of the broker have complained that they are unable to withdraw their profits generated from trading. Instead, the company allows them to withdraw only the initially invested money. The company does not respond…
Read moreJanuary data from just released CFTC reports filed by January 31st reveal that Forex brokers within the United States for January dropped 8.9% in assets to fall under the $500 million handle to $499,339,084 from $544,087,054 reported in December of 2015 (see graph above). Notable changes which recently have occurred in the report is the removal of MB Trading when back in…
Read moreRussia’s National Settlement Depository, part of the Moscow Exchange Group or Moskovskaya Birzha OAO (MCX:MOEX), announces today that it has introduced services of the certified Service Bureau of SWIFT in the Russian market. The SWIFT Service Bureau is an organization which secures full access to all SWIFT services and is responsible for organizing interactions with…
Read moreThe following article is based on research by Marshall Gittler, Head of Investment Research for FXPRIMUS. [divide] FXPRIMUS Indicators and events for Thursday, March 10th The main event today is of course the ECB meeting. I wrote an extensive piece (available in the Special Reports section of the FXPRIMUS website) that I presented as a…
Read moreIn the FX industry, there is an increasing need for high-quality data and technology to ensure that financial institutions’ compliance departments are equipped to handle the deluge of data generated every day by the $5.3 trillion FX industry. Tradermade Systems Limited has built an entire business around meeting and exceeding customers’ needs when it comes to…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) announces today that ICAP Global Broking has bolstered its electronic capabilities via TrueQuote, a new portal for buy side clients. The portal will offer a number of multi asset class solutions over the next months and launches with its first…
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