Mark Carney claims that there is no evidence to suggest that any Bank of England official had condoned FX market manipulation Following today's questioning by British Members of Parliament (MPs), Mark Carney, the Governor of the Bank of England, responded by claiming that there there was "no evidence" that any Bank of England official had…
Read moreKCG places value on the use of strategic industry professionals to ensure effective corporate governance as ex-Instinet co-CEO is appointed as Senior Advisor KCG Holdings, Inc. (NYSE: KCG) has today announced that Anthony L. Abenante has joined the company as a Senior Advisor to the firm's Global Execution Services business. In his new executive role,…
Read moreFebruary's decremental performance compared with that of January still generated an upturn in the value of GAIN Capital shares Despite GAIN Capital's overall decrement in trading volumes during February compared with the previous month's results, the company's share price (NYSE:GCAP) has made a step in the other direction, depicting a 6% increase since close of…
Read moreCME Europe to launch on April 27 in London, following regulatory approval. Comprehensive derivatives marketplace CME Group has announced today that it has received approval from the United Kingdom's Financial Conduct Authority (FCA) for the establishment of a London-based derivatives exchange. As a result of this, CME Europe Ltd will be a Recognised Investment Exchange…
Read moreAll eyes are on Asia once again as the offshore yuan (CNH) holds steady amid falling February volumes industry-wide Statistical reasoning behind the priority which a large number of FX firms is giving toward engendering large-scale business from within the much coveted Asia Pacific region continues to rear its head as the offshore Yuan (CNH)…
Read morePayment processor SafeCharge expects Revenue of $61 million in 2014, EBITDA of $18 million. IPO fever is in the air..... Israel business newspaper Globes reports that payment processor SafeCharge is going to pursue an IPO on the London Stock Exchange's AIM market. SafeCharge is owned 90% by online gaming software magnate Teddy Sagi of Playtech…
Read moreFXall does $122 billion daily in February, parent Thomson Reuters Matching reports $113 billion. Forex ECN FXall retains its #1 volume crown in February, reporting volumes of $122 billion per day during the month. That compares to ICAP EBS at $83.5 billion and Thomson Reuters Matching at $113 billion. FXall's volumes were essentially flat with…
Read moreFormer Marold Capital Management Director of Research & Development founds e-ALGO LLC in US
Read moreFX industry senior executive Marco Pelizzoli to head FX division of European banking conglomerate as next step in 25-year career European banking corporation Santander GBM last week appointed its former Global Head of e-Commerce Marco Pelizzoli to the position of Global Head of FX Trading. Mr. Pelizzoli joined Santander GBM in 2009 after a four-year…
Read moreThe leading Binary Options platform provider aims to take binaries' simplicity to the Forex world. Binary options platform provider SpotOption has announced the introduction of a new product and market for the company -- Forex. We can't say we're surprised, as those who follow LeapRate know that we've recently seen leading forex platform providers such as…
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