November 06, 2015 BY Maria Nikolova

New eToro launches, replacing OpenBook and WebTrader

Several months after the first announcements that a New eToro was coming, the new social trading platform was officially launched. On November 5, 2015, eToro CEO Yoni Assia officially unveiled the New eToro at the Web Summit in Dublin. The platform is built from the ground up and replaces the iconic OpenBook and WebTrader platforms. It…

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November 06, 2015 BY Mike Fox

TradingScreen launches market surveillance tool for listed derivatives

TradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, announces the launch of the Market Surveillance Tool, a component of the TradeAnalytics family of products, to monitor a broad range of market abuse scenarios across all asset classes, especially Listed Derivatives. Spoofing, flashing, front running, pinging, ramping and other market…

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November 05, 2015 BY Mike Fox

FXCM sees Q3 revenues steady QoQ to $59.6 million; while October retail trading volume of $335 billion remains strong

FXCM Inc (NYSE:FXCM), the globally regulated online provider of forex trading and related services, today announced financial results for the quarter ended September 30, 2015 and trading metrics for the month of October 2015. U.S. GAAP trading revenue from continuing operations were $56.3 million, compared to $88.7 million for the quarter ended September 30, 2014. U.S. GAAP net income attributable…

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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…

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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…

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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…

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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%…

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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…

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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…

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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…

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