November 05, 2015 BY Mike Fox

Swissquote adds Ruble and Yuan pairs plus various CFDs to product line

Swissquote, Switzerland’s leading online bank, announced the addition of two new currency pairs and eight forward CFDs to its already diverse range of trading products. Swissquote’s decision to offer the offshore Chinese Yuan and additional Russian Ruble cross comes at a time of significant fluctuations for these currencies and is the bank’s response to increasing demand from traders looking…

Read more
November 05, 2015 BY Maria Nikolova

XM launches MT4 WebTrader

Cypriot retail Forex broker XM today announced the addition of MetaTrader 4 (MT4) WebTrader to the offering to its clients. The web platform now enables clients of the broker to trade without the need to install any programs on their computers. Since the launch of the first version of browser-based MT4 in September this year, MetaQuotes…

Read more
November 05, 2015 BY Maria Nikolova

SunGard registers 2% YoY rise in revenues in Q3 2015

The “earnings season” gathers speed, with financial software provider SunGard Data Systems Inc. having just reported a set of robust results for the third quarter of 2015, with revenues and profits staging a rise in annual terms. For the three months to September 30, 2015, revenue was $702 million, up 2% year over year. Financial…

Read more
November 05, 2015 BY Maria Nikolova

SGX reports 2% MoM growth in Forex volumes in October 2015

Singapore Exchange Limited (SGX:S68) has earlier today posted its operating metrics for October 2015, with Forex volumes staging a decent rise in annual and monthly terms, underpinned by robust trading in INR/USD futures. In October 2015, total FX Futures volume was 475,887 contracts, up 2% from the result recorded in September 2015 and up massive 410%…

Read more
November 05, 2015 BY Maria Nikolova

Saxo Bank sees Forex volumes rise to $218B in October 2015

Provider of multi-asset investment and trading services Saxo Bank has managed to provide a good piece of news, striking a contrast note amid a raft of reports from the Forex industry showing decreases in trading volumes for October 2015. Saxo Bank earlier today published its key operating metrics for October 2015, with Forex volumes and client…

Read more
November 05, 2015 BY Maria Nikolova

Jes Staley purchases 2.79 million shares in Barclays

Barclays PLC (LON:BARC) has earlier today announced that its CEO designate James (Jes) Staley has bought into the company. Via a transaction that took place on November 4, 2015, Jes Staley purchased 2,790,000 ordinary shares in the company. The nominal value per share is 25 pence. The average market price of the Shares was £2.3300 per…

Read more
November 05, 2015 BY Maria Nikolova

South Africa's watchdog says Fitch to continue with Sovereign Ratings

A follow-up to LeapRate's story about South Africa's Financial Services Board (FSB) deregistering Fitch as a credit rating agency... The Registrar of Credit Rating Agencies at the FSB announced on Wednesday that it has granted Fitch Ratings Limited (Fitch) a two year exemption from registration under the Credit Rating Services Act. The exemption concerns the provision of…

Read more
November 05, 2015 BY Maria Nikolova

DGCX to change margin requirements for a number of futures contracts

Dubai Gold & Commodities Exchange (DGCX) has informed its participants of pending changes to initial margin requirements for a raft of futures contracts, including popular Forex futures contracts and energy contracts. The changes will be effective from November 9, 2015. The size of required margin will be reduced for INR/EUR, JPY/USD, USD/RUB, as well as…

Read more