Year over year volume performance is down a bit as well. In March 2013, average daily volume stood at $15.1bn, total volume was $317bn Monthly volume figures at leading and LeapRate approved Danish brokerage Saxo Bank have been released for the month of March and the number is out at $239bn. That’s a decline of…
Read moreVolume on EBS ticked up slightly from February up 6% at $88.4bn for March 2014, but off 27% YOY EBS volumes come in at $88.4bn for March 2014, off 27% from the year prior when in March 2013 $120.4bn in volume clocked in. However, volume is up from the previous month by 6%. In February…
Read moreIEX aims to remove high frequency traders’ advantages by introducing 350 ms delay on all orders IEX is gaining momentum with equity traders. Will it also make its way to FX? Conservative risk management of order flow and David Einhorn may well be considered two polar opposites, however the billionaire hedge fund manager has purchased…
Read moreEstablished FCA regulated broker enters binary options space The Official HY Markets (Henyep Capital Markets Ltd.) blog introduced their binary option trading platform today, HY Binary Options. The Henyep Group of companies has been operating in the financial service industry for 35 years and are licensed and registered in multiple jurisdictions including the United Kingdom,…
Read moreThe CFTC’s litigation continues against MF Global Holdings Ltd., Jon S. Corzine, and Edith O’Brien, with restitution proceeding for customers who collectively sustained $1 billion in losses The long, drawn-out saga of defunct FX company MF Global may be put to an end today, as the US Commodity Futures Trading Commission (CFTC) has announced that…
Read moreVolumes for March and the 1st quarter down around 30% YOY, though we see a jump in March 2014 to February 2014 contracts IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported exchange traded volumes for March and the first quarter of 2014. Overall, ICE's March 2014 and first…
Read morePrivate financial cloud provider announced upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey Options IT, the leading private financial cloud provider for the global capital markets industry, has today announced upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey. Options IT’s Carteret, New Jersey…
Read moreOANDA hires industry veterans to confirm their commitment to Asia-Pacific Region OANDA, in an official news release today says they are pleased to announce the appointments of Gavin Ward as Head of Greater China, and Louis Cooper as the company’s Managing Director in Australia. The two industry veterans are tasked with growing OANDA’s business and…
Read moreAs Brtiain's anti-Europe stance hots up, would an independent UK benefit London's FX industry? Yesterday, two of the most polarizing figures in British politics went head-to-head in a one hour debate on the long-standing subject of whether Britain should retain its status as a member of the European Union (EU), or to go it alone…
Read moreService allows clients to set their own target FX rate to convert funds automatically within personal banking accounts HSBC Taiwan recently announced a new order watch service which allows clients to set their own target foreign exchange rate to convert funds automatically within personal banking accounts around the clock. Users can access it via HSBC's…
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