With the US having led the regulatory drive toward institutional FX transactions being conducted through swap execution facilities and central counterparties last year, the bureaucracy in implementation continues with the CFTC extending major swap participants' reporting procedure for another year.
Read moreGMO Click 365 had a very slow month down 4.8% MoM, volumes came in at 271,792 contacts in June from May's 285,447 contract pieces despite showing a record number of retail FX accounts - 346,035 accounts. Meaning, that per-traders volumes are very low with overall market volatility in the yen crosses very tailed back. It…
Read moreThe latest sale is part of the Central Bank of Russia's plan to totally exit its ownership stake in Moscow Exchange by 2016.
Read moreUK spreadbetting company London Capital Group (LON:LCG) has issued a press release (see below) denying rumors that it has been in acquisition discussions, other than with a group led by Charles Henri-Sabet. As we wrote earlier, Sabet and his group have offered LCG a £17.5 million lifeline in return for effectively taking control of LCG.…
Read moreAll-time high! Volume numbers at LeapRate Regulated List FX broker EXNESS come in at $184.7 billion for June. This is a 13% increase from May volumes which rolled in at $163.9 billion. June 2013 volumes stood at $114.4 billion, a roughly 61.5% increase YoY. See chart below:
Read moreAs the gavel came down at the US Marshal Office Bitcoin auction, the entire lot was sold to one bidder, resulting in plummeting values.
Read moreBack in April, as reported on LeapRate, Gain Capital (NYSE:GCAP) announced its intentions to acquire UK-based Galvan Research. Founded in 2004 by Andrew Gibson, Jonathan Pinkney and James Pinkney, Galvan provides individual investors with professional advice and trading recommendations across a wide range of markets, including FX, individual equities, equity indices and other market sectors.…
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR) the USA based automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for June. Highlights for the month included: 95K Daily Average Revenue Trades (DARTs), 7% lower than prior year and 4% lower than prior month. Ending customer equity of $53.9 billion, 44% higher…
Read moreProtrader 2 and Protrader 3 upgrades its product range to include specialist functionality for portfolio managers and algo traders.
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