January 19, 2016 BY Mike Fox

EurexOTC Clear offers new incentive programme “Expand Liquidity”

Eurex Clearing announced the offering of a new incentive programme called “Expand Liquidity” which grants fee incentives to all Clearing Members and Registered Customers for their OTC Interest Rate Swap business. The new incentive programme “Expand Liquidity” follows the recently expired incentive programmes “EMIR Readiness” and “On-boarding incentive programme” which offered a fee discount resp.…

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January 19, 2016 BY Mike Fox

TFX and S&P Dow Jones Indices sign a license agreement for DJIA Index

Tokyo Financial Exchange Inc. (TFX) and S&P Dow Jones Indices LLC today announced a signed agreement which allows TFX to list DJIA Margin contracts based on Dow Jones Industrial Average (DJIA) on TFX. By adding yen denominated DJIA Margin contracts to TFX's Exchange Equity Index Margin Contracts called “Click Kabu 365”, Japanese investors will be able to…

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January 19, 2016 BY Mike Fox

MotiveWave Trading Platform adds Charts Plus Edition to its lineup of product offerings

MotiveWave is a full-featured trading platform that provides advanced charting and market analysis, strategy creation and back testing and is available for Windows and Mac OS X. MotiveWave can be used to trade any securities that your broker or data service supports, including: stocks, futures, options, equities and forex. MotiveWave Software, a Toronto-based developer of…

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January 19, 2016 BY Mike Fox

New York Times: Deutsche Bank to face British lawsuit on Forex high-frequency trading price manipulation

A report from Jack Ewing of the New York Times states that "already troubled by recent lawsuits and official investigations, Deutsche Bank (NYSE:DB) is facing another challenge - it's about to be sued in British court for using high-speed trading software." That lawsuit asserts the lender used the trading platform known as Autobahn to take advantage…

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January 19, 2016 BY Mike Fox

RBS partners with New Change to deliver independent TCA FX tool

Royal Bank of Scotland Group plc (LON:RBS) has chosen New Change Currency Consultants Limited (NCFX) to deliver an independent way for large corporate and financial institution customers to measure “slippage” and run a portfolio analysis of their currency trades against NCFX mid-market rate data. The NCFX mid-market rate data is available through a Transaction Cost Analysis…

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January 19, 2016 BY Mike Fox

Orbex adds exotic FX pairs and new cash CFD indices

CySEC regulated forex broker Orbex is announcing today they are adding two sets of new trading instruments. Orbex launched today cash indices on Dow Jones, Nasdaq, S&P and DAX that are offered with low margin requirements, non-expiring contracts, fixed spreads, and zero commission charges. The new indices are replacing the broker's regular equity indices of which the last traded contract will…

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January 19, 2016 BY Mike Fox

FlexTrade Systems expands FX sales staff for EMEA region

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced the appointments of Glen Sargeant and Marek Lewandowski as FX Sales Managers for the company’s EMEA region.  Based in the company’s London office, Sargeant will be responsible for buy-side client acquisition while Lewandowski will focus on cross asset acquisition opportunities with…

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January 19, 2016 BY Maria Nikolova

IG Group posts record revenues of £214.8M in H1 FY 2016

Leading UK online spreadbetting and financial trading firm IG Group Holdings plc (LON:IGG) has just posted its financial and operating metrics for the second quarter and the first half of its fiscal year 2016. In tune with a previous forecast, the company saw its revenues grow in the quarter to November 30, 2015, as they reached…

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