Saxo Bank averaged $294B monthly in 2013, but second half of the year was 30% below first half Moderation seems to have been the theme during the second part of the year for most industry players as Saxo Bank released its volume metrics numbers on Friday. The company announced that volumes in the month of…
Read moreIG's reorg continues; Jones was one of the more influential London financial research voices for the past decade. LeapRate Exclusive.... LeapRate has learned that longtime Chief Market Strategist David Jones has left UK spreadbetting firm IG (LON:IGG), to take a 'bit of a break', according to his personal website and Twitter feed. Jones stopped writing…
Read moreThe rebound from October’s striking low is solidifying a good year for the company The InterContinental Exchange (NYSE:ICE) has released contract volume numbers for the last month of 2013. The company has recorded a year on year drop of 12% announcing 29,110 contracts traded per day in December. The number comes to close an otherwise…
Read moreWhile historically figures remain low, the trend reversal from lows observed in October is on track Major derivatives market place CME Group has reported on the outcome of holiday trading during the month of December. We are observing another mild month on month rise that is negating the multiyear lows observed in October and continues…
Read moreAubrey Lee Price lost millions of his investors’ money, then left a suicide note and disappeared in 2012 A New Year’s Eve celebration in jail – that’s how ex-banker and present fraudster Aubrey Lee Price has ended 2013 after conceding from authorities for more than a year. He went missing back in June 2012 after…
Read moreMr Artem Obolensky suffers a rare foreign national penalty under The Dodd-Frank Act The first regular working day of the year is under way and the CFTC is already enforcing a rare action against a foreign national. The regulator has released a press release that informs us of a settlement with Russian national Artem Obolensky…
Read moreKCG’s broker-dealer sub joins KCG Hotspot (formerly Hotspot FX) under the KCG brand The independent securities company KCG has announced in a press release today that it successfully completed the consolidation of both of its US broker-dealer operations Knight Capital Americas LLC and GETCO into a single entity named KCG Americas LLC (KCA). The company…
Read moreUndoubtedly the digital currency is the best performing asset class for 2013 The tangible value of Bitcoin is getting credibility as some real demand emerged once again to prop up prices of the digital currency. Current prices recovery to around $820 has started because of private interest – namely Overstock’s CEO Patrick Byrne who revealed…
Read moreCrises, Acquisitions, IPOs and Bitcoin all topped our list of the most followed stories in 2013. 2013 was nothing short of a spectacular year in the Forex industry. Forex industry volumes returned after two lackluster years, with our Retail Forex Volume Index hitting an all-time high of $329 billion daily in June, before settling back…
Read moreInvestment Trends report shows that the UK online market is still all about IG, but some surprises among the other Top 5 firms. Research shop Investment Trends has released its annual review of the UK online trading market -- covering Spreadbetting, CFD trading and FX -- and it contains some interesting findings. The not-so-surprising part?…
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