Forex volume metrics in January are strong across all major Forex ECN platforms. Forex ECN KCG Hotspot has reported its January volumes at $34.1 billion per day -- Hotspot's second best month ever, second only to June 2013's $36.9 billion. Hotspot's results complete what was a very strong January in the institutional FX business: ICAP…
Read moreDukascopy goes it alone with in-house binary platform in demo mode launch Its official – the latest competitor in the binary options space is Dukascopy with its own in-house developed platform. The product is now available for demo testing and the company is sticking to its traditional competitive offerings with one of the highest payout…
Read moreTradingApp™ Store will launch at the annual New York Traders Expo US based TradeStation that is actually fully owned by the Japanese Monex Group has announced that it is joining the fray of appstore supporting platforms. Additional extensions to various trading software solutions has been gaining traction in the recent couple of months and it…
Read moreResearch by Fideres has encompassed price action around the London fix in 6 major dollar crosses The Financial Times reports that the first class action lawsuit against several banks for manipulating forex rates has been filed in the US. Amongst the banks mentioned in the suit are Barclays and UBS and the evidence supplied includes…
Read moreThe new feature is called Trade On! and it is allowing traders to place trades 24/7 One of the leading binary options platform providers SpotOption has launched a new feature that allows clients of binary options brokerages to place trades over the weekend. Normally activity is quite subdued during holidays, so the solution that the…
Read moreAdditional quarterly and monthly reports will be required by all US based Forex Dealer Members Starting from February 28th all Forex Dealer Members (FDMs) operating within the US will be required to file additional reports to the National Futures Association. Changes are aimed at providing further transparency to the foreign exchange market. All FDMs will…
Read moreECN liquidity at ParFX is deepening further with the total of founder banks rising to 14 Global interdealer brokerage Tradition’s spot FX trading platform ParFX has gotten on board another two top tier banks as founders to further deepen forex liquidity within its offering. Citi and JP Morgan are the latest additions to the newest…
Read moreThe first two brands use Tradologic’s platform while the latter is based on SpotOption’s solution The list of licensed binary options brokerages is expanding as the regulatory crackdown that CySEC has pledged after the start of the new year is driving more brands to obtain a CIF license. The latest batch includes two brands that…
Read moreAllegations by some media that the BoE knew about FX fix manipulation practices are groundless This has to be one of the weirdest twists in FX trading history – first of all we are getting a report by Bloomberg that officials at a major central bank, namely the Bank of England have been talking to…
Read moreYear-on-year growth pace has totaled 38%, revenues went up more than 8 times since 2009 The company behind some of the leading software solutions for institutional and retail FX brokerage companies, Boston Technologies, has released an expanded set of metrics detailing the firm’s 2013 figures. Revenue has grown by 38% from $14.8 million in 2012…
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