Hong Kong based retail forex broker KVB Kunlun requested and received today a halt in trading of its shares on the HKEx (HKG:8077). Trading in KVB was halted at 1pm local time. Up to the time of the halt, KVB shares had dropped 8% on Wednesday, down to HK$1.06. As we reported, KVB shares skyrocketed…
Read moreInterdealer 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…
Read moreChinese authorities have thrown the gauntlet open by establishing an official yuan clearing hub in Sydney, giving increased hope to Western market participants wishing to do business in China
Read moreRussian exchange operator Moscow Exchange announced Q3 results today, including an 8% quarter-over-quarter rise in Revenues (16% year-over-year) to RUB 7.3 billion (about $153 million), and a 17% QoQ rise in net income (42% YoY) to RUB 4.1 billion ($85 million). Exchange management cited FX trading as the main contributor to growth, as Ruble volatility…
Read more"Catch leverages the power of our nuanced fair value models, market analytics and routing logic." - Charlie Susi, head of KCG Electronic Trading
Read moreFinancial trading technology provider Panda Trading Systems announced today that CySEC-regulated Rodeler Limited, parent of binary options brokers 24Options, ZoneOptions and GrandOption, has chosen its Panda FX e-Broker Solution as its technology vendor in launching the 24FX retail forex brand. Panda will power 24FX’s entire operation, and will manage all operation and trading-related systems and integrate their solutions…
Read moreBinary option platform provider Tradesmarter has announced the introduction of what it calls a smart bonuses and rewards system, allowing binary options brokers to offer up to seven different types of bonuses at the same time to a specific user. Bonuses and rewards are a very important acquisition and retention tool for most binary options…
Read moreFXCM and Credit Suisse backed Forex ECN FastMatch has announced the launch of a new aggregation technology solution, ManageMatch. ManageMatch provides an aggregation technology solution to customers who would like to maintain direct relationships with their liquidity providers yet do not have the desire to build and maintain their own aggregation software. FastMatch is based on Credit Suisse's…
Read moreAbu Dhabi-based ADS Securities has partnered with global managed services provider Fixnetix in deploying an ultra-low-latency solution for forex traders, based in Tokyo. We recently reported that ADS launched its Tokyo (TY3) server, built around ADS Securities' proprietary OREX platform. The press release follows: ADS Securities launches 40GB ethernet technology Abu Dhabi, 18 November, 2014 – ADS…
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