March 07, 2013 BY Gerald Segal

FXCM posts strong February FX volumes, decent Q4 results

Institutional revenues and margins continue to improve, and become a bigger part of the picture at FXCM. Leading retail FX firm FXCM, the world's largest online FX broker (and a member of LeapRate's Approved List of global FX brokerage firms), announced its February trading activity levels as well as Q4-2012 results, with both impressing. (Although the…

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March 07, 2013 BY Gerald Segal

AvaTrade chosen to replace Dukascopy's white label partner in Japan – the real story

AvaTrade will continue to use Dukascopy's JForex platform for those clients, and potentially others. Stay tuned to LeapRate for the real story-behind-the-story in the FX world..... Dukascopy today announced a partnership with Ava Trade Japan (the Japan division of global FX brokerage firm AvaFX, a member of LeapRate's Approved List), whereby the JForex Platform will be available…

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March 07, 2013 BY Gerald Segal

London Capital Group shares dive again, hit 52-week-low

Investors dumping LCG after takeover talks called off with City Index. After falling Tuesday by 19% upon announcing it was no longer in active talks to be taken over, London Capital Group ("LCG") saw its shares drop another 18% on Wednesday in trading on the London Stock Exchange. LCG shares now sit at £0.30, and actually…

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March 06, 2013 BY Gerald Segal

ICAP's EBS posts FX volumes rise in February

Has EBS recaptured its lead in the Forex ECN business over rivals Thomson Reuters and FXall? ICAP's Forex ECN unit EBS reported February FX trading volumes at $149 billion (average daily volume for the month), up 5% from January and up 18% from last year February -- but still below the above-$150-billion-per-day levels EBS saw throughout…

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March 05, 2013 BY Gerald Segal

London Capital Group says no takeover talks, share plunge 21%

City Index was apparently the last to withdraw from takeover talks. UK financial spreadbetting firm London Capital Group (or "LCG") announced today that it is no longer holding active talks with other parties regarding a takeover of the company. Previously, on February 12, LCG had stated that it had received approaches from several firms including…

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March 05, 2013 BY Gerald Segal

Leverate's FXPN adds Binary Options to its affiliate program

FXPN signs its first Binaries broker, Zone Options. Leverate's FXPN (FX Partners Network) has announced that it has added the first Binary Options brand to its affiliate program, namely Zone Options. FXPN gives partners (i.e. affiliate marketers) a wide variety of premium brands to promote using a single interface, along with marketing tools to help…

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March 05, 2013 BY Gerald Segal

CME Group February FX volumes – one of its best months ever!

Looks like February was another blowout month in the electronic FX trading world. CME Group, which runs the world's largest derivatives marketplace, announced that FX contract volumes (mainly Eurodollar futures contracts) in its system were up by 19% in February from January, and up 26% from last year February, to an average of 1,067,000 contracts…

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March 04, 2013 BY Gerald Segal

GMO Click February volumes beat January records

GMO Click did $845 billion of spot FX volume in February, an all-time record for a retail FX brokerage firm. It has been just a few weeks since we reported that GMO Click Securities reported record volumes for any month in its history, with ¥68 trillion (or $756 billion) transacted by its clients during January. Well,…

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