The new tool offering is appealing for longer term trend traders, eliminates roll-over charges Leading European forex and CFD brokerage Saxo Bank has announced that is expanding its offerings with an exotic product – futures spread trading. Starting this week the clients of the firm will be able to trade futures spreads on a variety…
Read moreNew campaign for increasing brand awareness could put pressure on costs in the short term The preliminary report for 2013 that the publicly listed CFD broker Plus500 (LON:PLUS) has released yesterday, have caused quite a dramatic share prices spike in London trading. The main points that we already outlined were the revenue doubling over 2012 (even…
Read moreRetail FX volume metrics start 2014 with a bang around the world. The good news? Retail traders are back in force trading currencies in 2014. The even better news? Its not just about momentarily heightened volatility. LeapRate's Retail FX Volume Index, a monthly measure of trading volumes globally in the retail forex sector, soared by 16.5%…
Read more66% of all forex transactions are electronic, to rise to 81% by 2018 A Bloomberg article is citing research from Boston based Aite Group LLC that 66% of all transactions in the currency markets in 2013 have been conducted through electronic dealing. The numbers are only expected to rise in the coming years reaching 81%…
Read moreOffering of OTC derivatives clearing in Asia Pacific on the radar for the CME Group The Chicago Mercantile Exchange (NASDAQ:CME) is looking to partner up with the Australian Securities Exchange’s division ASX Clear in order to form a partnership that offers clearing services for OTC derivatives to Australian brokers, as the American company is looking to…
Read more4% higher over the company’s average month in 2013 January FX volumes at Alpari Russia and the CIS region have come out at $136.6 billion in January 2014. While this is a rise of 24% year-on-year it is far less pronounced if we compared to the average month at the company throughout 2013 that totaled…
Read moreQ4 revenues alone are totaling just over $50 million compared to $20 million in Q3 One of the leading publicly traded brokerages listed in the UK, Plus500 (LON:PLUS) has reported its preliminary results for 2013 and the numbers are staggering. Revenues at the company increased by 105% year-on-year to $115.1 million, while net profits almost…
Read moreTrade and business ties to strengthen further after the implementation by mid-2014 Major Australian stock exchange ASX has issued a press release outlining an agreement between the Bank of China and ASX to provide Chinese Yuan settlement services to the Australian and Chinese financial markets by the middle of this year. The agreement was signed…
Read moreFor many clients of IG.com, their best trade the past year would probably have been buying up shares of..... IG! LeapRate Exclusive... Leading UK spreadbetting and forex broker IG Group has seen investors bid up its shares in the past few weeks, sending IG.com shares to their highest level ever. At its current share price…
Read moreIn addition he will be a member of the Board Management alongside Saxo’s co-CEO’s Leading European forex and CFD brokerage Saxo Bank has announced that it is aiming to consolidate its organizational structure and strengthen its business with a new appointment of a Global Head of Finance and Risk Operations. Steen Blaafalk is joining the…
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