February 12, 2016 BY Maria Nikolova

GMO Click registers 5.5% MoM rise in operating revenues in January 2016

GMO Click Holdings Inc (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, today published its preliminary financial metrics for January 2016. The company has managed to see a rise in revenues, continuing a trend that was already exhibited in December 2015, when GMO Click's operating revenues marked a month-on-month rise of 24%.…

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February 12, 2016 BY Maria Nikolova

DMM FX Australia set to change spreads on 27 currency pairs

Retail Forex broker DMM FX Australia Pty Limited (DMM FX) today unveiled a set of pending changes to its trading conditions, including new spread levels for 27 currency pairs, such as the popular EUR/USD and GBP/USD. The new spreads will be effective 9:00 am (AEDT) Monday, February 22, 2016. You can find details about the…

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February 12, 2016 BY Maria Nikolova

Saxo Bank Securities to change margin requirements for certain stock CFDs

Saxo Bank Securities K.K., the Japanese business of multi-asset trading and investment services provider Saxo Bank, is about to change the margin requirements for a set of stock CFDs. Effective February 13, 2016 (0:30), the company is changing the minimum margin required for positions with the following stock CFDs: Deutsche Bank, DB:xnys, DBK:xetr; First Solar…

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February 11, 2016 BY Mike Fox

Open interest hits all-time high in Renminbi futures on HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) the Hong Kong securities and derivatives market announced another record-setting day today for HKEX’s RMB Currency Futures contracts. Open interest hit an all-time high of 32,009 contracts (US$3.2 billion notional), and volume on February 11th hit 7,711 contracts (US$771 million notional), the second highest ever. Today was also the fourth consecutive…

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February 11, 2016 BY Mike Fox

NetDania apps now available for Canadian clients of Friedberg Direct

Netdania, the Denmark headquartered creator of streaming price technology and charting for web applications in FX has announced that Canadian clients with Friedberg Direct accounts will soon be able to access their trading accounts through the NetDania apps, no specific date was mentioned. Founded in 1998, NetDania pioneered streaming price technology, and have since delivered solutions to global…

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February 11, 2016 BY LeapRate Staff

Russia’s oil price problems

The following post is courtesy of Simon Smith, Chief Economist at FxPro. For more FxPro market research and insights click here. [divide] I remember around 10 years ago meeting an analyst who covered Russia. This seemed a very interesting opportunity to learn about how the Russian economy and its relationship with the world. Yet his presentation…

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February 11, 2016 BY LeapRate Staff

Fortress Prime begins processing client payments - LeapRate Exclusive

LeapRate Exclusive... Following on our earlier exclusive report on the real story behind the recent happenings at Fortress Prime, LeapRate has learned that the Dubai-based FX liquidity and white label solutions provider has begun processing client payments and refunding amounts owed. We understand that the majority of Fortress Prime clients have begun to receive repayments, which…

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February 11, 2016 BY Maria Nikolova

Payfriendz partners with Paysafe to launch P2P social payments app, virtual MasterCard solution

International payment services provider Paysafe Group Plc (LON:PAYS) today announced that it is chosen by Payfriendz to enable the launch of its P2P social payments app and virtual MasterCard solution. As a result of the partnership, Paysafe provides Payfriendz with a set of payment processing and card services. A Principal Member of MasterCard and authorised…

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