Numis Securities starts Plus500 with buy rating and GBP 8.24 price target, indicating 30% upside LeapRate

May 14, 2014 BY Mike Fox

Numis Securities starts Plus500 with buy rating and GBP 8.24 price target, indicating 30% upside

Numis Securities Limited, a leading independent investment banking and institutional stockbroking firm has today initiated coverage on CFD broker Plus500 (LON:PLUS) in a research note issued on Wednesday, AnalystRatings.Net is reporting. The shares are trading up today around 3.8% on the news. Numis set a “Buy” rating for Plus500 (LON:PLUS) and placed a GBX 824…

May 14, 2014 BY Andrew Saks-McLeod

KCG's April FX volumes take a 20% nosedive as firm enters Q2 in the doldrums

Share prices of KCG stock declined by 1.11% on today's announcement of April's volumes, which show lowest volumes since December 2012, as the firm continues to take the long term view of retaining its FX ECN in the face of adverse results

May 14, 2014 BY Mike Fox

OANDA officially opens its doors in Australia - Sydney office to play key role moving forward

OANDA already has several thousand active traders in Australia and new MD Louis Cooper intends to double the company's market share in the CFD and FX sector in 2014.

May 14, 2014 BY Andrew Saks-McLeod

ICAP releases full results for year ending March 31, 2014 - Operating profit 5% down, EBS experiences 11% decline

"The past year has presented many challenges, and we operate in an industry which is undergoing an enormous amount of structural change with the emergence of a new post-financial crisis regulatory landscape" stated ICAP Group CEO Michael Spencer.

May 14, 2014 BY Andrew Saks-McLeod

A maverick or an anarchist? Outspoken Bitcoin proponent blasts Austrian economics

Jeffrey Tucker is a well known public speaker on all aspects of virtual currency, which itself polarizes opinions. His recent appearance at Mises event in Massachusetts held Austrian economic principles in low esteem.

May 14, 2014 BY Andrew Saks-McLeod

CFTC set to hold public meeting on HFT - Will America remain prop-shop friendly?

On June 3, the CFTC's Technology Advisory Committee will hold a public meeting to discuss its surveillance program, SEFs, and the currently hot topic of automated trading and HFT, a sector which thrives within the trading desks of Chicago and New York

May 13, 2014 BY Mike Fox

Larrain Vial S.A deploys Raptor’s trading tools for global order routing to MILA markets

Raptor Trading Systems, a provider of multi-asset connectivity management and trading solutions for the global financial community, continues to experience strong growth in Latin America and announces that Larrain Vial S.A., the largest independent financial institution in Chile and top player in the MILA markets (Chile, Colombia and Peru), has successfully implemented and deployed Raptor’s…

May 13, 2014 BY Mike Fox