Barclays PLC (LON:BARC) has earlier today announced the appointment of James E. Staley (Jes Staley) as Group Chief Executive Officer. The move was touted in media earlier this month, with the bank noting back then that the search process for a new CEO had not concluded yet. Today's announcement makes it all official - Mr Staley…
Read moreBTCC, formerly known as BTCChina, today officially announced the launch of Pro Exchange, a platform with advanced features for the spot trading of Bitcoin. Pro Exchange is a margin trading platform that enables investors to hedge against Bitcoin price volatility or pursue benefits from Bitcoin price fluctuations. “Pro Exchange is an innovative addition to our…
Read moreAdvantage Futures, the Chicago-based futures clearing firm, has added CityTrader, OptionsCity’s cloud-based futures trading platform, to the offering for its clients. With CityTrader, Advantage Futures offers a platform with robust pricing and analytics tools that works seamlessly for futures and options on futures trading across a number of different platforms. “CityTrader is the most intuitive…
Read moreObject Trading co-locates services in ASX data centre.
Read moreLeapRate Exclusive... Further to our earlier exclusive coverage on the website outage at ASIC-regulated forex broker AxiTrader, the company has provided LeapRate with a formal statement on the situation. The company also indicated that in a separate, unrelated outage its Retail MT4 offering had some connectivity issues for a number of clients who access AxiTrader's…
Read moreLeapRate Exclusive... Continuing our exclusive coverage of a series of (seemingly unconnected) outages and hacks hitting the Forex trading world of late, LeapRate has learned that leading Australian retail forex broker AxiTrader experienced an outage lasting several hours on Tuesday October 27. AxiTrader clients were apparently unable to log into their accounts during the latter…
Read moreWe've seen a lot of press releases in our time from large companies and financial institutions, but this one is one of the strangest. A company describing itself in its own press release using terms such as 'Despite having taken a beating in recent months', 'and There has been a great deal of speculation on [Company…
Read moreSingapore Exchange Limited (SGX:S68) has earlier today alerted its members and traders of problems plaguing the work of the derivatives market. Trading on SGX's derivatives market was interrupted for more than hour. The trading was halted at 22:00h (local time, GMT+8:00) and resumed later at 23:15h. The problems did not affect the closing time of…
Read moreSwiss FX marketplace Dukascopy today announced it is increasing the variety of binary options available to its clients. The broker is introducing Pair binary options. These options enable traders to trade on the performance of an individual stock against the equity index it is part of. As long as a trader considers that a stock…
Read moreCLS Group (CLS), a provider of risk mitigation and operational services for the global foreign exchange market infrastructure, and TriOptima, a provider of OTC derivatives post-trade and risk reduction services, announce today the launch of the triReduce CLS Forward FX Compression Service completing the first successful compression cycle for FX forwards and swaps transactions. The…
Read more