April 15, 2014 BY Gerald Segal

Hotspot remains hot, March FX volumes up 6% to $32.1B ADV

KCG's Forex ECN unit KCG Hotspot has another good month, FX trading volumes up 6% over February and 18% over last year. The first quarter has ended with a bang for the world's leading Forex ECNs. After seeing ICAP's EBS and Thomson Reuters' FXall show nice rises over February levels including an all-time high at…

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April 14, 2014 BY Gerald Segal

Trading247 chooses to go unregulated, CySEC CIF license lapses

Binary firm chooses to move ahead unregulated, how will traders react? In an official announcement from CySEC binary option brand Trading247 has decided to opt out of any sort of regulation. The license now in question was granted to Trading247.com’s parent Magline Investments Ltd. Some binary options brokers are apparently coming to the decision that…

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April 14, 2014 BY Andrew Saks-McLeod

LeapRate Interview: Jake Amar, CEO and Co-Founder of Mercer FX takes the long-term view on running a brokerage

Following the recent implementation of new rulings by the New Zealand FMA, the gateway to the Asia Pacific region has widened further. Jake Amar, CEO and Co-founder of Mercer FX talks best execution, investment in bespoke solutions, client loyalty and the future of retail FX brokers as bona fide financial institutions The long and often…

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April 14, 2014 BY Andrew Saks-McLeod

Exchange-traded binary options on the up as NADEX reports 49.8% rise in Q1 2014

America's mandatory exchange-traded binary options business made substantial progress in the inaugural months of 2014 as NADEX releases quarterly results The North American Derivatives Exchange (NADEX) announced late last week that its 2014 first quarter (Q1 2014) exchange volume of binary options and spread contracts traded increased 49.8% quarter-over-quarter from the same period in 2013.…

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April 14, 2014 BY Andrew Saks-McLeod

Hollywood executives look to buy MtGox out of bankruptcy as bitcoin price falls below $400

Uncertainty has followed last year's soaring values and unprecedented demand in the aftermath of MtGox demise, with BTC values falling below $400 for the first time since last November. Would reviving MtGox be a very risky business? It is common practice in most industry sectors for large, stable companies which operate within a particular business segment…

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April 10, 2014 BY Gerald Segal

Saxo Bank is the first retail broker in Europe to offer access to IEX

The broker will offer DMA to IEX on its award-winning online trading platform, SaxoTrader Saxo Bank is the first retail broker in Europe to offer access to IEX, an alternative trading system (ATS) which focuses on investor protection and performance by resisting high frequency trading. Access to IEX on Saxo Bank's platform went live on…

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