Molten Markets unveils fund management platform InstiFX with transparency a top priority LeapRate

April 02, 2014 BY Andrew Saks-McLeod

Molten Markets unveils fund management platform InstiFX with transparency a top priority

American FX platform provider Molten Markets considers its new solution for fund managers to be the first innovation of its type for 18 years Many concerns have been raised about the transparency of FX execution recently, bringing about a market need for technology firms to keep pace with regulatory change and adapt their solutions accordingly as…

April 02, 2014 BY Gerald Segal

High frequency trading gaining more popularity in FX than stocks?

30 to 35 percent of transactions on EBS, an electronic trading FX platform owned by ICAP Plc, are high-frequency driven A piece by Bloomberg today examines the shift of HFT strategies from the equities market into currencies. Fundamentals still drive the market over the short and long runs, though not quite in the minute to…

April 02, 2014 BY Andrew Saks-McLeod

LeapRate Exclusive: Western firms may benefit as new Indonesian rulings strive to banish FX

Indonesia's national financial markets regulator will not issue new licenses to FX firms. Will Australian firms reap the rewards? For a great many retail FX companies, the Asia-Pacific region is considered a land of tremendous opportunity. China was considered the mainstay of western FX firms' focus when channeling efforts toward the region, however as time…

April 02, 2014 BY Gerald Segal

CME Group: FX contracts average daily volume up 11.1% from Feb

CME’s FX futures volumes made a favorable increase in March compared to February's results CME Group, the world's leading and most diverse derivatives marketplace, today announced that March 2014 volume averaged 14.1 million contracts per day, up 13 percent compared with March 2013. Total volume for March 2014 was more than 295 million contracts, of…

April 02, 2014 BY Gerald Segal

Sanko Menkul Degerler Partners with Gold-i for Reliability and Service

Sanko Menkul Degerler A.S, one of Turkey’s largest brokerages, selects Gold-i Gate Bridge to connect MT4 to liquidity providers Sanko Menkul Degerler A.S, one of Turkey’s largest brokerages, has selected the super low latency Gold-i Gate Bridge to connect MetaTrader4 to the market’s primary liquidity providers. The partnership between Sanko and Gold-i was arranged by…

April 02, 2014 BY Gerald Segal

EXNESS reports $166.4bn of trade volume in March - an all time record

EXNESS is reporting a blowout month in terms of trading volume, while adding 18,284 new accounts Volume numbers at LeapRate approved FX broker EXNESS have hit an all-time high for March soaring to $166.4 billion. This is a 17% increase from February volumes which clocked in at $141 billion. The previous high was in January…

April 02, 2014 BY Gerald Segal

Plus500 reports record March-quarter revenues - up 207%

Increase of 207% in revenues to $60.7m in Q1 2014 up from Q1 2013 at $19.7M Plus500’s March-quarter revenues were up 207% to $60.7M, while its number of new customers gained 63% to 20,124. Its number of active customers increased 48% to 50,438. March-quarter revenues in 2013 came in at $19.7M, and in 2013 they…

April 02, 2014 BY Andrew Saks-McLeod

IronFX promotes Emilio Caleb Lobo to Manage Spanish Office

International experience in leadership positions in FX firms bears fruit as IronFX appoints former COO of NFA regulated firm to lead Spanish operations Few retail FX companies have demonstrated such rapid growth across various regions as IronFX, which has expanded from its original Cypriot roots to cover all continents, with regulatory oversight in the UK,…

April 02, 2014 BY Andrew Saks-McLeod

Changes at the top: Votes take place this month as CFTC is set to shuffle senior commissioners

Senate Agriculture Committee to meet on April 6 to cast votes on three senior level regulatory officials within one of the world's most well-renowned authorities Among the very upper echelons of the US Commodity Futures Trading Commission (CFTC), not only are there some of the world's most highly respected and knowledgeable financial markets regulators, but…

April 01, 2014 BY Gerald Segal

Moscow Exchange: Turnover increases 50% YoY in March

FX market turnover in February was RUB 23.0 trln (more than double March 2013's RUB 10.1 trln) FX market turnover on the Moscow Exchange in March was RUB 23.0 trln (more than double March 2013"s RUB 10.1 trln), including spot trades of RUB 7.3 trln (32% of the total) and swap trades of RUB 15.7 trln (68%). The FX market's average daily turnover was…