February'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…
Read moreCommodity Futures Trading Commission and Japanese Financial Services Agency Sign Memorandum of Cooperation Today, leaders of the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Services Agency of Japan (JFSA) signed a Memorandum of Cooperation (MOC) regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on…
Read moreElectronic trade clearing house LCH.Clearnet has today announced that it has expanded its compression offering to include multilateral compression via its interest-rate derivatives clearing service, SwapClear Multi compression is now congruent to SwapClear’s existing Solo and Duo compression capabilities and enables multiple members to simultaneously compress their trades with each other, representing the latest corporate…
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