July 03, 2014 BY Mike Fox

‘TOTAL FX’ volumes on ICE up 60% MoM normalizing at 32K

After a dismal two months in volatility in the FX markets and lack of volume to show for it...some pickup is starting to occur.  Intercontinental Exchange (NYSE: ICE) is reporting 'Total FX' volumes for June at 32K, up from May's 20k which represents a 60% jump MoM. June 2013 stood at 60k, which is off 47% from those…

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July 03, 2014 BY Mike Fox

Approved! GLIO investment in London Capital Group blessed by shareholders

The Board of London Capital Group (LON:LCG) has announced that, at a General Meeting of shareholders held on July 3rd, the proposed investment in the Company by GLIO Holdings Ltd and possibly existing shareholder(s) of up to £17.5 million was approved, through the increase in share capital and waiving of preemption rights. The proposed changes…

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