Mt Gox would like to increase the acceptance of Bitcoins as payment by 'regular' merchants. LeapRate Exclusive... LeapRate has learned that Bitcoin exchange Mt Gox is about to launch a major ad campaign to promote Bitcoin as a 'regular' form of currency for merchants, both online and offline. The campaign will revolve around showing how…
Read moreIs EBS losing market share to Thomson Reuters, FXall and Hotspot FX in the Forex ECN market? It doesn't always work this way, but it does appear as though institutional forex traders are on vacation this summer, while retail traders have remained at their screens this year. The question for EBS -- which after a…
Read moreWill allow Integral to offer a regulatory-compliant FX trading platform, delivered as a service. Forex trading solutions and services provider Integral has announced that it has filed an application with the CFTC to launch a Swap Execution Facility (SEF) under the CFTC's recently announced SEF rules issued pursuant to the U.S. Dodd-Frank Act. Pending approval, Integral will…
Read moreCF Invest is apparently 'using' the rightful license granted to properly-regulated CFI Markets. Cyprus financial regulator CySEC has sent out a release warning investors against CF Invest Ltd., and their website www.cfinvestltd.com, stating that they are not and have never been licensed by CySEC. From a quick visit to the CF Invest website, it appears…
Read moreFollowing in the footsteps of its larger Swiss rivals, Swissquote and MIG Bank, Dukascopy will launch CFDs. As first reported at ForexBrokerz.com.... Swiss forex broker Dukascopy has announced that it has received a Securities Dealers License from the Swiss financial regulator FINMA. It has similarly announced that it will shortly be launching a new platform…
Read moreSummer slowdown, or forex market shift? We'll actually attribute this one to the summer doldrums. After seeing a steady rise in trading volumes as 2013 progressed, culminating with its second-ever month for forex volumes in June, the CME Group reported that July FX volumes dropped by a whopping 33% to average 807 million contracts per…
Read moreGrowth of around 40% driven by a four-fold increase in Binary Options trading. Australian forex and binary options broker Enfinium -- which includes the Vantage FX label -- has announced that June trading volumes hit the $16 billion level in June, up 35% from May. Subsidiary Vantage FX saw volumes rise 41% in June, over…
Read moreOur first peek at July forex trading volumes looks good. Leading Japan retail forex broker GMO Click has announced that July forex volumes totaled ¥107.2 trillion, or $1.07 trillion during the month. That's basically flat as compared to June's ¥106.2 trillion, when GMO topped the $1 trillion dollar mark for the first time. While we…
Read moreCronin will expand Gain GTX institutional platform sales overseas (EMEA region). Gain Capital (Forex.com) announced that it had hired Peter Cronin to head its institutional sales business in the EMEA region for Gain GTX. At UBS, where Cronin had spent the past 13 years, he acted as Head of EMEA e-Commerce. Gain Capital institutional business has grown…
Read moreGreater volatility and record volumes from Asia and Latin America drive growth. CME Group, which runs the world's largest derivatives marketplace, released its Q2 results today, which were up nicely and which handily beats Wall Street analysts' expectations. CME Q2 revenues came in at $816 million, up 14% from Q1, while net earnings totaled 311…
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