... however the Thomson Reuters / FXall combo seems to have overtaken EBS for leadership of the Forex ECN sector. After setting volume records in June, Thomson Reuters FX and its still-separately-run subsidiary FXall have reported forex volume slowdowns in first July and now in August as well. Thomson Reuters FX came in at $107…
Read moreICAP's Forex ECN unit EBS reports volumes of just $78.7 billion daily in August. The question for ICAP -- which after a strong start to the year for EBS volumes in January and February, has seen volumes drop off during an otherwise strong 2013 -- is whether this is just the summer doldrums, or an…
Read moreTradeweb Joins Bloomberg as the only granted SEFs, although several other applications are in process. The CFTC has announced the granting of an SEF license to Tradeweb Global (which actually received two separate licenses), making Tradeweb the second company, after Bloomberg, to successfully receive the designation. SEFs are the new trading venues mandated under the…
Read morexRisk is available to all brokers offering X Open Hub, as well as the MT4 platform. Leading FX platform provider X Financial solutions has announced the introduction of their new risk management product, xRisk. xRisk automates the management of a broker's risk exposure and allows for intelligent hedging based on parameters set by the user. It comes…
Read moreCMC fiscal 2013 results show a 21% drop in revenue, as the scandal revolving around CEO Peter Cruddas took its toll. Leading UK online broker CMC Markets has released its fiscal 2013 results (year-end March 31), alongside some interesting comments and admissions made by CMC Founder and CEO Peter Cruddas. Cruddas re-took the reigns as…
Read moreShift Forex will provide a variety of solutions around Tradable's open API trading platform and ecosystem. LeapRate Exclusive.... LeapRate has learned that Tradable, which has developed the first app platform specifically for FX trading apps, is about to announce a strategic relationship with leading forex consultancy Shift Forex. Essentially, Shift Forex will provide content, training, and marketing to…
Read moreHowever FX futures volumes at CME were 2% stronger than last year. 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-best ever month for forex volumes in June, the CME Group reported that August FX volumes dropped by 8% to…
Read moreMetaTrader Trading Signals available at MIG Bank on both MT4 and MT5. Leading Swiss forex broker MIG Bank, a member of LeapRate's Approved List of global regulated forex brokers, has joined the social revolution in retail forex trading, by adding social trading capabilities. Social trading links traders together and allows them to choose, follow and…
Read moreWill Bet3000's partnership with financial spreadbetting company ETX Capital become the first of many? LeapRate Exclusive... Blurring the lines between gambling and financial trading, LeapRate has learned that Malta-based online sports betting outfit Bet3000 will be launching CFD trading, in partnership with UK spreadbetting firm ETX Capital. The new website will offer Bet3000's sportsbook and casino…
Read moreGMO Click volume metrics finally cool off after a record run-up in volumes so far in 2013. After breaking the $1 trillion per month barrier several months running, leading Japanese retail forex broker GMO Click finally saw the summer slowdown in trading take some wind out of its sails. Volumes at GMO Click dropped 27%…
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