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Home › News

January 28, 2015 BY Andrew Saks-McLeod

KCG sells Hotspot FX ECN to BATS Global Markets for $365 million in cash

Following KCG's initial announcement that LeapRate reported at the end of October that it was considering the sale of its spot FX venue Hotspot, the transaction has now been completed with BATS Global Markets as the new owner

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January 28, 2015 BY Andrew Saks-McLeod

LeapRate Daily FX Industry Catch Up: Boston Prime declares insolvency, Michael Romersa offloads all of his FXCM securities for just $2 per share

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January 28, 2015 BY Andrew Saks-McLeod

KVB Kunlun shares up (another) 22%, completes 69% rise in past week

As Hong Kong-focused FX brokerage KVB Kunlun turns its fortunes around from a loss six months ago into profitability, share prices rally 69% in one week, with a 22.07% rise over the last 24 hour period

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January 28, 2015 BY Andrew Saks-McLeod

Alpari RU maintains football sponsorship tradition, extends deal with FC Zenit St Petersburg

From February 2015, Alpari and FC Zenit's partnership will be expanded from a regional level to become national. As part of the sponsorship agreement, Alpari will be publicized during Zenit's home games

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January 28, 2015 BY Andrew Saks-McLeod

The B2 Group’s FundEX selected by Equinoxe for Canadian FundSERV Service

The FundEX service from The B2 Group provides administrators with an automated solution for STP funds transaction and report processing, reducing time, risk and cost

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January 28, 2015 BY Andrew Saks-McLeod

Greece's newly elected socialist 'spend spend spend' party admits repayment of debt is unlikely

As the anti-austerity Syriza party enters office in Greece, it becomes ever clearer that the debt which the nation faces will never be repaid, calling into question the future of the eurozone even further, and placing increased doubt over the value of the single currency

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January 28, 2015 BY Andrew Saks-McLeod

New Zealand FMA and NZX sign memorandum of understanding

The FMA and NZX have developed a cooperative operational relationship to help deliver the most effective regulation of New Zealand’s capital markets, and this MoU formalises and enhances that collaboration

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January 28, 2015 BY Andrew Saks-McLeod

NovaSparks flies in the face of regulatory attempts to curb HFT, records 100% growth in 2014

Throughout 2014, NovaSparks’ deployed multiple FPGA-powered feed handlers with several large customers. The Company also partnered with Thesys Technologies to offer an ultra-low latency market data service to Thesys’ customers

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January 28, 2015 BY Andrew Saks-McLeod

Breaking News: Broker forecloses on 1.2 million of FXCM Global Head of Dealing Eduard Yusupov's shares

FXCM Global Head of Dealing Eduard Yusupov had pledged 1,200,000 units of FXCM stock as collateral against a margin loan, which subsequent to the extreme market volatility of January 15, the broker concerned has foreclosed and insisted that the stock be sold in order to satisfy Mr. Yusupov's obligations

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January 28, 2015 BY Andrew Saks-McLeod

Wholesale liquidity provider Advanced Markets launches spot trading in natural gas

The new natural gas spot contract, which saw its first client trade January 14th, is tied to the benchmark Henry Hub delivery point, and the cash contract prices a simple weighted average of the three nearby Henry Hub futures contracts traded at the New York Mercantile Exchange (NYMEX)

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