Today should be a very interesting day in the corporate history of UK spreadbetting firm London Capital Group (LON:LCG). Today's general meeting and shareholder vote will likely determine the fate of LCG - primarily, whether or not it ends up being 'rescued' by a £17.5 million investment to be made by an investor group led…
Read moreThe move would save transaction fees and hedge against forex volatility.
Read moreWith the backing of major banks, institutional financial information services company branches out into provision of electronic trade confirmation and exercise management to the FX options segment, with NDFs to follow.
Read moreMonex Group, Inc. today reported their monthly business metrics of its subsidiaries in June 2014.
Read moreICAP is a leading broker across the entire range of interest rate products, ranging from exotic options to short and long-term interest rate swaps
Read moreDukascopy Community Co aims to provide more convenience and excellent customer service to Chinese clients as the drive toward the APAC region grows among FX giants.
Read moreRamping up pressure on the board and shareholders of London Capital Group (LON:LCG), online sports betting and financial spread betting firm Spreadex confirmed that it had indeed recently made a proposal to acquire LCG, and was rejected by LCG's board. Spreadex's offer was all-cash, at £0.30 (30 pence) per share, representing a 46% premium to…
Read moreFX platform provider Spotware has announced a number of updates and upgrades to its cTrader and cAlgo platforms. cTrader is Spotware's full STP trading platform, employed by brokers such as FxPro, MB Trading, and ThinkForex. cAlgo lets traders build trading cBots and custom technical indicators using C#. The updates include: Timer API If your strategy…
Read moreDespite European regulatory discourse relating to high frequency trading and the use of algorithms to gain an advantage over other participants, British company Argon Design has gone live with a system which facilitates latency arbitrage on the American continent.
Read moreCME Group (NASDAQ:CME) has rebounded in their FX volumes for June reporting a 30% MoM increase with 765k contracts per day being reported. In contrast, May's 589k was the 2nd slowest month for FX ever, following the low of April at the CME. For further comparison, June 2013 saw 1.2M contracts moved for the 37%…
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