January 09, 2016 BY Maria Nikolova

Thomson Reuters FX spot volumes register 1.1% MoM rise in December 2015

Thomson Reuters Corporation (TSE:TRI) has just published the operating metrics for its Forex electronic trading platforms Matching, FXall and the Thomson Reuters SEF for December 2015, with trading volumes registering gains in monthly terms, following a weak November. The annual comparison, however, was less positive, with spot volumes recording a double-digit drop. Let’s take a…

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January 08, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes recover in December 2015

Taiwan Futures Exchange (TAIFEX) has just published its operating metrics for December 2015, with Yuan FX futures staging a recovery after a subdued November. In December 2015, monthly trading volumes with USD/CNH FX Futures (RHF) amounted to 9,381 contracts, up 86% from the 5,047 contracts traded in November 2015. The monthly volumes for USD/CNT FX…

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January 08, 2016 BY Mike Fox

U.S. retail Forex brokers add 0.5% in assets for November

This month data from the CFTC from reports filed by December 30th reveal that Forex brokers within the United States for December tacked on 0.5% in assets to $570,939,506 from November's $568,155,121 total (see graph above). Notable in the report is the removal of MB Trading whose retail Forex accounts were moved under GAIN Capital though…

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January 08, 2016 BY Maria Nikolova

PayPoint sells online payment businesses to Capita for £14M

Payment solutions provider Paypoint plc (LON:PAY) today announces the sale of its Online Payment businesses comprising PayPoint.net and Metacharge to Capita for a cash consideration of £14 million ($20.5 million). PayPoint first unveiled its plans to dispose of its Mobile and Online businesses when it presented its full year results in May 2015. The company…

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January 08, 2016 BY Maria Nikolova

China abandons circuit breaker to maintain market stability

After a turbulent start of the year for the Chinese stock markets, as the newly implemented circuit breaker mechanism was activated twice, the Chinese regulators have decided to suspend the solution, in order to keep the markets stable. According to a Xinhua report, referring to a statement from the China Securities Regulatory Commission (CSRC), the mechanism…

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January 08, 2016 BY Maria Nikolova

Paysafe says integration of Skrill is progressing well

Provider of online payment services Paysafe Group Plc (LON:PAYS), formerly known as Optimal Payments, today published a trading update for the year to December 31, 2015. Along with an upbeat forecast about its full-year revenue and EBITDA, the company said that the integration of digital payments business Skrill Group, the acquisition of which closed in…

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January 08, 2016 BY Maria Nikolova

FCA warns of clone of social trading provider Ayondo Markets

The Forex industry has been increasingly targeted by clone firms, that is, unauthorized companies that emulate the data, including names, websites, etc., of licensed entities, in order to easily defraud investors. The UK Financial Conduct Authority (FCA) is amid the regulators that actively warn against this practice. The watchdog published a special announcement yesterday regarding…

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January 07, 2016 BY LeapRate Staff

TradeKing online share order system goes down briefly on Thursday - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that clients of discount US online stockbroker TradeKing were unable to execute buy and sell orders via the company's website for a while on Thursday morning. A company representative confirmed to LeapRate that TradeKing's website was not communicating properly with the company's order routing system for a few minutes after…

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January 07, 2016 BY Mike Fox

CME Group reduces minimum price increment on EUR/USD futures to half ticks

Today CME Group (NASDAQ: CME) informed us that they've reduced their tick size on EUR/USD futures, so traders can reduce their execution costs. Starting on January 10, CME is officially reducing the minimum price increment for their standard-size EUR/USD futures from 1-pip ($12.50 per contract) to 1/2-pip ($6.25 per contract). Effective Sunday, January 10 (trade date Monday, January 11), the minimum price…

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