RHB Investment Bank deploys Fidessa’s trading platform across Asia LeapRate

February 01, 2016 BY Maria Nikolova

RHB Investment Bank deploys Fidessa's trading platform across Asia

Less than a month after Fidessa Group plc (LON:FDSA) sealed a partnership with Maybank Kim Eng, the provider of trading, investment and information solutions for financial companies announces another important collaboration set to boost its Asian footprint. Fidessa today said that Malaysia's RHB Investment Bank (RHB) has implemented Fidessa as its strategic trading platform across…

February 01, 2016 BY Maria Nikolova

UFX launches trader behaviour tracking technology MassInsights on ParagonEX platform

Online forex broker UFX.com today announces the launch of a new platform - ParagonEx 4.0, which includes an array of novel features. ParagonEx 4.0 includes revolutionary trader behaviour tracking technology, MassInsights™. The diagnostic feature measures volatility and upward and downward trends in real time to ensure customers obtain the most apt, detailed and useful information.…

February 01, 2016 BY Maria Nikolova

Belize's watchdog issues Cease & Desist orders against FXPrivate, MT Capital Partners

The International Financial Services Commission of Belize (IFSC) has issued warnings and Cease & Desist orders against two companies offering Forex services: FXPrivate and MT Capital Partners. MT Capital Partners Ltd The watchdog notifies the public that MT CAPITAL PARTNERS LTD. is not and has never been licensed by the International Financial Services Commission of…

February 01, 2016 BY Maria Nikolova

TradeStation Europe sees FY 2015 turnover rise 38.8% YoY

UK FCA-authorized TradeStation Europe Limited, which acts as an introducing broker to TradeStation Securities Inc, IBFX Inc and TradeStation Technologies, has submitted its financial report for the fiscal year to March 31, 2015, with UK regulators. The results are quite robust, as turnover surged to £1.61 million in the 12 months to March 31, 2015,…

February 01, 2016 BY Maria Nikolova

TFX posts 22.9% MoM rise in Forex volumes in January 2016

Following a solid December at the Tokyo Financial Exchange (TFX), January brought further recovery in trading volumes at the venue in both monthly and annual terms. TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, reach 4,331,133, up 22.9% from December 2015 levels and up 19.8% from January 2015…

February 01, 2016 BY Maria Nikolova

TFX applies intraday additional margin call for first time since March 2011

Tokyo Financial Exchange (TFX) was forced to apply a mechanism a mechanism it has not used since March 14, 2011, as the three-month Euroyen futures soared. TFX today applied an Intraday Additional Margin Call, as the market moved outside of certain boundaries. The Exchange normally calculates margin requirements based on the SPAN® margin system, which…

January 31, 2016 BY LeapRate Staff

Retail Forex volumes soar 20-30% in January - LeapRate Exclusive

Looks like it will be a very good start to the year for the Retail Forex industry. In a survey of a number of leading retail forex brokers in different jurisdictions, LeapRate has detected a common theme - January was a great month, with FX trading volumes up significantly over the past several months. We…

January 31, 2016 BY LeapRate Staff

FastMatch FX trading volumes top $10 billion ADV for the first since 2014 in January 2016

Institutional electronic FX platform FastMatch, jointly owned by retail forex broker FXCM Inc (NYSE:FXCM) and commercial banks Credit Suisse and BNY Mellon, saw trading volumes on its electronic currency platform leap by 25% during January 2016 to hit $11.8 billion ADV during the month. January 2016 marked an important milestone for FastMatch. It was the first month…

January 30, 2016 BY Maria Nikolova

Nadex to change terms of Free Trading Incentive Program from Feb 1, 2016

A follow-up to LeapRate's earlier report about North American Derivatives Exchange, Inc. (Nadex) seeking to change some of the terms of its Free Trading Incentive Program in a move set to offer its Members more free trading days... Nadex, part of IG Group Holdings plc (LON:IGG), has just announced that the new terms will be implemented…

January 30, 2016 BY Maria Nikolova

Hotspot FX volumes jump 27.5% MoM in January 2016 to $30.7 billion ADV

Hotspot FX, the eFX institutional platform of BATS, marked a very strong start to the new year, with trading volumes registering a double-digit rise from December 2015 levels, albeit lagging behind the solid numbers from last January, when the Swiss franc spike triggered an immense jump in volatility and led to record volumes. The first…