Hotspot FX reports its first volume metrics as a newly private company, and they are impressive. Although it may not remain a private company (or rather, part of a private company) for long, Forex ECN Hotspot FX seems to be doing just fine outside the limelight of the public markets. Now owned by Getco, Knight…
Read moreAnother record month for Retail forex volumes at FXCM. The good news from leading forex industry brokers just keep on coming.... Leading retail forex firm FXCM, the world's largest online global FX broker (and a member of LeapRate's Approved List of regulated FX brokerage firms), announced that June trading activity came in a total of…
Read moreChina Forex market continues to be a focus for the world's leading Forex brokers. Breaking news.... Forex industry leader FXCM has announced a new partnership with CITIC Newegde Futures, a key player in the China Futures market, to to open a new gateway for FXCM's forex platform in China. The agreement includes the formation of an investor-oriented educational…
Read moreZoneOptions joins Banc de Binary and OptionWeb as licensed binary options brokers. LeapRate Exclusive... LeapRate has learned that Binary Options broker ZoneOptions' parent company Rodeler Limited has received its CySEC CIF license, making ZoneOptions just the third binary broker to be formally regulated in Cyprus. The announcement should be made by CySEC in the coming…
Read moreAt $5.58 trillion per day in June, CLS volumes were up 15% over May. CLS, which operates the largest multicurrency cash settlement system, announced that in June it cleared $5.58 billion per day of matched forex instructions -- its best ever month and only the fifth time ever that volumes topped $5 trillion. CLS's figures indicate…
Read moreLeverate's LXSuite Venture Edition comes with no set-up and no monthly fees. After about two years of slowing global forex industry trading volumes, bringing about forex industry consolidation and fewer forex company startups, the 2013 resurgence in Forex trading volumes has brought with it a major reversal -- and the re-emergence of many new Forex broker…
Read moreAlpari does more than half of all its forex volumes in Russia and the CIS. Global forex broker Alpari Group has made an interesting (and only partial) disclosure of its first half and Q2 volumes. Alpari indicated that in Q2 volumes from Alpari Russia averaged $135.3 billion per month, and $131.4 billion for the full…
Read moreFXall parent Thomson Reuters also has a nice month, with its best FX volumes in over a year. Forex ECN FXall, and its still-separately-run parent Thomson Reuters FX, each reported a nice month for forex volumes in June. FXall had its best ever month at $123 billion average daily volume -- up 14% over May…
Read moreWith the Swiss National Bank keeping its 1.20 CHF per € cap, thereby killing CHF volatility, Swiss Forex brokers look to other products. Leading Swiss retail forex broker Swissquote, a member of LeapRate's Approved List of global regulated forex brokers, has added the Chinese Yuan (USDCNY), Brazilian Real (USDBRL) and Indian Rupee (USDINR) forex pairs to…
Read moreCyprus firms continue to reposition and rebrand away, although other forex brokers continue to flock to the country. LeapRate has learned that Cyprus-based and CySEC-regulated forex broker Liquid Markets (previously Tadawul FX) has opened a new office in London. The move comes after Liquid Markets' regulator CySEC granted permission to the company to operate in the…
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