Fueled by its road-map to build a global community of well-educated traders, and in line with its plans to expand in Asia and Europe, Amana Capital, a Dubai-headquartered Financial Services Group reached a new milestone this week by launching TradeCaptain.com, a global educational and research portal. Building on the success of its former Arabic research…
Read more
Swiss-regulated Forex broker and bank Dukascopy has announced that after a successful test period in a demo environment for the all-new JForex Web 3 platform, it has now become available on live accounts. Additional to the features of the version released on demo in June 2017; the platform has been supplemented with a new module…
Read more
Leading non-bank forex liquidity provider XTX Markets announced today it is now operating a ‘zero hold time’ (ZHT) model in its application of last look to its FX counterparty businesses. This is in response to market structure changes and is in accordance with the principles of the recently published Global FX Code. Until the new…
Read more
US retail forex broker client assets showed a slight MoM slippage according to data filed with the CFTC as of June 30th. The report revealed a 0.54% contraction in assets held by Retail Foreign Exchange Dealers (RFEDs) from May's $533,886,026 to $530,993,835 for June 2017. This is a very slight drop as most of the…
Read more
NordFX, the global forex brokerage today is informing partners that their two-level affiliate program will start to operate from tomorrow, 8 August. It's designed to help partners of the company significantly increase their profits. The two-level system is pretty simple but powerful. For partners, until now they used to receive a commission only from the…
Read more
NEX Group plc (LON: NXG), formerly known as ICAP plc has published their average daily volume data for July 2017. The volume figures cover electronically traded products - spot foreign exchange, US Treasury products, European and US repo products. NEX Electronic Markets Volumes – July 2017 Average daily volume (in USD billions, single count) July YoY%…
Read more
After approval from the Securities and Exchange Commission (SEC), BOX Options Exchange LLC (BOX) is ready to start a new open-outcry options trading floor in Chicago. This is a welcome development for many veterans and new traders alike. Old-style trading floors where humans meet to negotiate prices of options are contrary to current trends, which have…
Read more
Global forex broker Admiral Markets is announcing the addition of a new instrument, the Polish Index Futures CFD – WIG20 (WSE:WIG20)– effective from now onwards. This new CFD is based on the capitalization-weighted market index of the 20 largest companies traded on the Warsaw Stock Exchange. As with trading on any index with Admiral Markets,…
Read more
Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for June 2017, with spot FX volumes rising to $93 billion, up 9.4% MoM from May’s $85 billion. This was the platform's best performing month since March for spot volumes (see chart above) when the US dollar lost a bit of steam due to a Dovish Fed and…
Read more
Global forex brokerage NordFX has informed today that the Thailand based MyPay Payment System has officially announced that, starting from August 2, 2017, it will stop processing payments including the option to Deposit into MyPay Pocket. The management of MyPay told NordFX the reason for this is the unprofitability of working in Thailand due to…
Read more