MT4 brokerages are getting an expanded series of platforms that they can use Financial trading software provider Ariel Communications has partnered with Gold-i to offer an integrated solution for MT4 brokers to offer their Ariel ITrade Dealer Suite. This starts an alternative for brokers who now have access to Ariel’s advanced Dealer suite without having…
Read moreShift Forex is hosting the first Latin America forex industry conference in Santiago Chile on December 3. LeapRate Meets is a series of interviews with interesting personalities in the forex world. If you would like to suggest an interviewee or topic, or if you would like to be interviewed, please contact us and provide details.…
Read moreCME's Virtual Steel Mill of risk management products is gaining traction with both commercial and financial participants. CME Group ( NASDAQ:CME ), which runs the world's largest derivatives marketplace, announced it reached monthly volume records during October in multiple ferrous metals contracts -- specifically in U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index futures, and Iron…
Read moreThe alliance will bring more transparency and better liquidity provision in OTC transactions Interdealer broker ICAP (LON:IAP) has just announced that it is teaming up with Interactive Data Corporation, which is a top provider of low latency market data, to form an alliance aiming to ease and provide better access for risk-managers and institutional clients…
Read moreHowever despite fraud conviction for its founder MMA Forex appears to remain open, clients still looking for their money. In what has to be one of the most bizarre stories we've covered (and there are many in the forex world), comes what seems to be the conclusion of the episode of Dubai based MMA Forex,…
Read moreLower revenues and profits should not have been a surprise, however market was spooked somewhat by FXCM's $15 million regulatory reserve. Leading forex broker FXCM ( NYSE:FXCM ) saw its shares dive by 8% on Thursday after FXCM reported Q3 results earlier in the day. While FXCM's financials were somewhat disappointing -- revenues down 19%…
Read moreHowever their leadership ahead of ICAP has been solidified with FXall numbers still being higher y/y Not unexpectedly FXall and Thomson Reuters reported lower daily volumes for the month of October. FXall and their parent Thomson Reuters both reported decreases in daily trading volumes during the month with $106 bln and $97 bln respectively (see…
Read moreThe new service will initially offer FX NDFs out to two years for buy-side clients, via three FCMs. Clearing specialist LCH.Clearnet announced today that it is expanding its ForexClear FX derivatives clearing service with the launch of a new offering for buy-side clients. ForexClear is now available to buy-side clients through one of three Futures Commission…
Read moreThe move will provide more ample liquidity and lower latencies to clients Institutional forex brokerage CFH Clearing, has announced an agreement with FXecosystem that strengthens its ability to offer a wider range of liquidity providers to its clients. The FXecosystem delievers a single point of contact to various types of liquidity providers – banks, ECN’s…
Read moreHowever October saw a nice 5% pickup in volume metrics at FXCM to $491 billion. Leading retail FX firm FXCM, (NYSE:FXCM), the world's largest online FX broker (and a member of LeapRate's Approved List of global regulated forex brokerage firms), announced its October trading activity levels as well as Q3-2012 results today. As expected, with FXCM seeing…
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