November 19, 2014 BY LeapRate Staff

LeapRate’s Retail FX Volume Index hits all time record in October at $360B ADV

Continuing a marked upturn since the summer, LeapRate’s Retail FX Volume Index climbed 6% in October to $360 billion ADV – making October 2014 the best month ever for retail forex brokers, besting June 2013’s record $341 billion. Several leading retail Forex trading platforms reported best-ever (or best-in-a-long-time) volume metrics for October such as: FXCM (first time…

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November 19, 2014 BY Mike Fox

Switzerland seen as delaying cap on the franc into 2017

“With monetary easing under way by the ECB and Swiss inflation still trending below target levels, the SNB will have to extend the currency cap against the euro into mid-2016 at the very least,” said Bernard Yaros, associate economist at Moody’s Analytics in West Chester, Pennsylvania.

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November 19, 2014 BY LeapRate Staff

Russian lawmakers postpone second reading of FX bill – again

One of the biggest jurisdictions in the world is still without a Forex law, as lawmakers remain reluctant to discuss the Forex bill. The second reading of Russia's Forex bill, which was supposed to be finally held yesterday, got postponed again. A protocol from a meeting of the Council of the State Duma (the lower…

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November 19, 2014 BY LeapRate Staff

ICAP reports first half 2014 Revenues down 15%, EBS down 17%

Interdealer broker ICAP released its Half Year report today (to September 30, as ICAP has a March 31 fiscal year end), detailing a 15% drop in Revenues to £620 million (about $995 million) versus the same period last year. Within its Electronic Markets group, subdued trading volumes during most of the first half of the…

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