Interactive Brokers Group, Inc. (NASDAQ:IBKR), a major provider of online trading services in the United States, has just published its electronic brokerage metrics for December 2015. Continuing a trend already observed in the fall of last year, the broker saw daily average revenue trades (DARTS) decline by further 2% from levels seen in November 2015,…
Read moreWell, 2016 has started off with a bang. a piece by Patrick Graham of Reuters got some inside quotes from brokers in the trenches as China's yuan currency hit its lowest in more than 4 years in both onshore and offshore Renminbi. The culprit of the volatility? Downbeat Chinese economic data. China's benchmark Shanghai Composite shed 6.9%,…
Read moreWharton Business School's Wharton Research Data Services (WRDS), the leading data research platform and business intelligence tool for corporate, academic and government institutions worldwide, has announced the addition of RavenPack News Analytics to its data offerings. A part of the Wharton School of the University of Pennsylvania, WRDS provides the leading business intelligence, data analytics, and financial…
Read moreThe first trading day of 2016 has not been a very pretty one for stock markets around the world, perhaps portending even more volatility ahead for traders in the new year. Circuit breakers were in effect in several markets, with: Shanghai Composite down 7% Japan's Nikkei 225 off 3% Hang Seng Index down 3% UK's…
Read moreSingapore Exchange Limited (SGX:S68) today announced that it marked a record in USD/CNH futures trading in December 2015. The Exchange said that USD/CNH futures trading volume rose more than 50% month-on-month to a record 51,702 contracts traded (approximately US$5.1 billion in notional value traded) last month. In annual terms, the rise is even more pronounced,…
Read moreCompetition in the ultra-competitive UK online market heating up as LCG joins ETX Capital and others in upgrading their technology and look to suit a new generation of traders.
Read moreThe Malta Financial Services Authority (MFSA) has announced that its Board of Governors has appointed Aldo Giordano as Director of the regulator's Resolution Unit. The appointment came into effect on January 1, 2016. Mr Giordano first joined the MFSA in 2002 as Deputy Director within the Banking Supervision Unit which encompassed both licensing and policy…
Read moreTokyo Financial Exchange (TFX) has just posted its operating metrics for December 2015, with Forex volumes recovering from November lows, although they were still weaker than a year earlier. TFX saw Click 365 total trading volumes, that is, the volume of Exchange FX Margin contracts, amount to 3,523,536 in December 2015, a result which is…
Read moreJapanese Forex broker Monex Inc, a subsidiary of Monex Group, Inc. (TYO:8698), today announced that it has appointed Nana Otsuki as executive director and chief analyst, effective from January 1, 2016. Ms Otsuki was ranked second among bank analysts in Japan by Nikkei Veritas in 2015. She joins Monex from Merrill Lynch Japan Securities Co.…
Read moreProvider of FX software and analytical solutions FX Blue is starting the new year by beefing up the analytical and charting functionalities available to clients. The company announced on Saturday that it has introduced a new type of dynamic charts. The new charts show the range of performance (banked profit) within each week or month.…
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