With Europe following closely in America's footsteps, LCH.Clearnet's French subsidiary gains recognition under EMIR as a central counterparty
Read moreNetStation, the combined effort of CFH Clearing and NetDania Markets, has made its foray as an FX brokerage platform today
Read moreIn April 2014, turnover for Alpari in Russia and the CIS was 107.7 bn USD. The figure is down by 18% on this March's data, returning to the level seen in February. The total volume of trades in the last month encompassed 792,649 lots. The volume drop off was in line with what we saw…
Read moreMarimedia, as well as larger rival Matomy, have several Forex industry clients, among both brokers / advertisers as well as publishers / website owners.
Read moreIt seems as though trading volumes on Swap Execution Facilities, or SEFs, are not what regulators initially anticipated. To encourage more SEF trading, CFTC Acting Chairman Mark Wetjen announced three actions to (among other things) promote end-user trading on (SEFs), as well as on designated contract markets (DCMs). What are SEFs? SEFs are licensed trading venues,…
Read moreDCFX focuses on Arabic and Islamic accounts. Until now it was based in Abu Dhabi, and registered in Seychelles.
Read moreGold-i, the global market leader in trading systems integration, has launched a range of flexible options for retail brokers requiring varying levels of IT support.
Read moreCantor Fitzgerald Europe, a leading global financial services firm, today announced that Gordon Neilly and Angelo Sofocleous have been appointed interim Co-CEOs. Mr. Neilly continues to serve as Head of Corporate Finance, and Mr. Sofocleous continues to serve as Co-Head of Equity Trading, based in London. Shawn P. Matthews, Chief Executive Officer of Cantor Fitzgerald & Co., stated, "Since joining…
Read moreEurope's pan-financial regulator European Securities and Markets Authority (ESMA) has launched its consultation process for the implementation of the revised Markets in Financial Instruments Directive (or MiFID II) This marks the first step in the process of translating MiFID II requirements into practically applicable rules and regulations - primarily aimed at improving financial market transparency and strengthening investor protection.MiFID II introduces changes that…
Read moreLow volatility takes its toll. In what is becoming a very up-and-down year volume-wise (see graph below), Retail Forex brokers saw another down month in April. LeapRate's Retail FX Volume Index fell in April by more than 6% to $281 billion ADV, making April 2014 the slowest (non-December) month since November 2012. Institutional brokers generally…
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