November 12, 2013 BY Gerald Segal

Moscow Exchange launches its own volatility index

Introduces changes to FX collateral rules to its derivatives market A brand new methodology for calculating a volatility index has been introduced by the Moscow Exchange. It will be compiled based on feedback from market participants instead of mathematical methods of volatility calculations. According to the Moscow Exchange this will mean a more accurate evaluation…

Read more
November 12, 2013 BY Gerald Segal

Japan FX trading volumes down as Mrs. Watanabe turn to stocks

Volumes will only pick up when we see volatility in the Japanese Yen return The well-known personality of Mrs. Watanabe as the housewife who sits at home and trades the forex market might be turning to other assets to realize gains following the reduction in volatility of JPY pairs. Japanese forex brokerages had reported earlier…

Read more
November 12, 2013 BY Gerald Segal

FXCM acquisition of Faros Trading – $15.6 million

$5 million cash paid up front, a further $10.6 million to be paid in 2015 in cash and/or FXCM stock. So what is top-end Forex research worth? A lot, it turns out. LeapRate has learned that FXCM's previously-announced acquisition of Faros Trading cost FXCM $15.6 million -- and that's just for 50.1% of Faros. FXCM (NYSE:FXCM)…

Read more
November 12, 2013 BY Gerald Segal

Tradesmarter launches advanced binary options trading panel

The StrategiX component enables selection of multiple types of binary options from a single panel The software provider for binary options brokers Tradesmarter has announced the availability of its panel called Strategix – a new addition to its trading platform. It is aimed to serve the needs of more advanced customers that would like to…

Read more
November 12, 2013 BY Gerald Segal

New VC-backed Bitcoin Exchange itBit opens, based in Singapore

itBit aims at facilitating institutional investors with rock solid security and regulatory compliance As Bitcoin Magazine first reported yesterday, we have a new global player from Singapore that has launched a new bitcoin currency exchange. Attracting some serious venture capital companies such as Canaan Partners and RRE Ventures the company has raised about $3.25 mln,…

Read more
November 12, 2013 BY Gerald Segal

Myfxbook introduces risk adjusted rankings for AutoTrade members

Myfxbook also adds toolbar for websites looking to add streaming news, calendar events and rates The social trading and copy trading service provider Myfxbook announced that it has launched a new ranking formula to optimize the results of its Autotrade feature. The trading leaders are in for some rearranging, as systems up until now were…

Read more
November 11, 2013 BY Gerald Segal

Moscow Exchange introduces a new FX Fixing methodology

New currency pairs for which rates are provided, including EUR/USD and CNY/RUB Starting today the Moscow Exchange has announced that it is changing the methodology of calculation of Moscow FX fixings, and in addition to the already priced USD/RUB, it introduces fixing prices for EUR/RUB, EUR/USD and CNY/RUB. The move comes at a time when…

Read more
November 11, 2013 BY Gerald Segal

Three binary options brands jump ship to Tradologic

Option Ground, Finopex and EasyXP unite into Regaloptions and choose Tradologic’s platform Three ex-clients of TechFinancial – Option Ground, Finopex and EasyXP will be rebranded under a common name "RegalOptions" and have switched their platform provider to Tradologic. After Tradologic got on board the major binary options label Cedar Finance in July and FXTrade Japan…

Read more
November 11, 2013 BY Gerald Segal

Hong Kong forex broker KVB Kunlun announced Q3 results, revenue down 42% Q/Q

Share prices rally 6.25% on dividend announcement Hong Kong listed medium sized brokerage KVB Kunlun (HKG:8077) has announced that during the third quarter of 2013 it has reported a marked decline in revenue numbers from last quarter. While being in line with the trend observed in the rest of the industry, the revenue numbers have declined a whopping 42% from…

Read more