This month data from the CFTC from reports filed by January 28th, 2015 reveal that Forex brokers within the United States for December 2015 dropped 4.7% in assets to $544,087,054 from November’s $570,939,506 total (see graph above). December usually sees a drop due to end of year withdrawals and not to mention the very volatile market which could have seen…
Read moreCore Liquidity Markets. an ASIC regulated financial services firm based in Melbourne, Australia is pleased to announce its partnership with Inovance Technologies the makers of TRAIDE, a platform that helps discover new trading strategies using machine learning algorithms. TRAIDE allows the trader to create trading systems based on 100 technical indicators including all major currency pairs. Michael Markarian, Managing…
Read moreRenewed volatility in crude oil prices over the past few days has led to new trading volume records at CME Group Inc (NASDAQ:CME). Derivatives marketplace CME Group today reported that it had reached a trading volume record for WTI Light Sweet Crude Oil futures yesterday, February 9, 2016. 1,603,771 WTI futures contracts changed hands yesterday, edging…
Read moreCLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for January 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,249,226, which is 29.9% higher than the result of 961,698, registered in December 2015. The…
Read moreBGC Partners, Inc. (NASDAQ:BGCP), a brokerage company servicing the financial and real estate markets, has earlier today posted its financial metrics for the final quarter and full year 2015, with annual Forex revenues staging a 44.4% rise, reaching $310.6 million. The company said its Forex revenues for the three months to December 31, 2015 amounted…
Read moreInternational operator of exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE) announced today that ICE Clear Canada has secured recognition as a third-country central counterparty (CCP) under the European Market Infrastructure Regulation (EMIR). ICE Clear Canada, which is regulated by the Manitoba Securities Commissions under the provisions of the Commodity Futures Act, has been added…
Read moreThe year started on a high note for one of the largest online trading service providers - Gain Capital Holdings Inc (NYSE:GCAP), as the company has just posted its volumes metrics for January 2016, showing a monthly rise in both retail FX and institutional trading volumes. Retail volumes staged a rise of 12.3% from December…
Read moreDenmark's Financial Supervisory Authority (FSA) today published a Report on algorithmic trading on NASDAQ Copenhagen, with the study mapping trading in securities carried out by computers on NASDAQ Copenhagen. The report also addresses the regulator's intentions of supervising algorithmic trading, including the so-called high-frequency trading. At present times, algorithmic trading accounts for approximately 50% of…
Read moreDarwinex, a technology provider and an FCA-regulated broker and asset manager, today announces pending changes to margin requirements for XTI/USD (West Texas Intermediate crude oil vs US dollar), due to market volatility. The company says that in line with the margin policy of its liquidity providers, it will raise the margin for XTIUSD from the…
Read moreOnline trading services provider Gain Capital Holdings Inc (NYSE:GCAP) today unveiled its plans to launch a new international money transfer business. The new venture, named GAIN Capital Payments Ltd., will operate under the ForeignExchange.com brand name. Apparently GAIN Capital has owned and parked the foreignexchange.com website url for 15 years. The company's main retail forex…
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