June 06, 2017 BY admin

US Retail Forex client assets for April steady at $525 million

USA Retail Forex Broker (the few which are left) assets just reported for April held steady with a total of $524,757,888 in customer funds. This is a slight 0.19% MoM increase from March's $523,750,637. With FXCM out of the market, selling its accounts to Gain Capital, the Gain Capital retail brand Forex.com remains the clear…

Read more
Bank of China CNH Liquidity
June 06, 2017 BY admin

Bank of China HK to join EBS Direct as a liquidity provider

NEX Markets, a NEX Group business which provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, announces today that Bank of China (Hong Kong) Limited, a mainstream bank as well as an integrated and regional financial group with roots firmly planted in Hong Kong for 100 years, will be joining…

Read more
May 31, 2017 BY admin

OANDA and QuantConnect announce integration for algorithmic trading

OANDA’s retail clients now get access to the OANDA Algo Lab, where they can utilize QuantConnect’s cloud-based algorithmic trading engine for free. OANDA, a global regulated leader in online Forex trading services today announced they have integrated with QuantConnect’s open-source, cloud-based algorithmic trading engine to offer their clients the ability to research, build, test and…

Read more
May 29, 2017 BY admin

Kazakhstan's new financial exchange to be powered by Nasdaq

Nasdaq Inc (NASDAQ: NDAQ) and Astana International Financial Centre JSC (AIFC) today announced a new, significant agreement. Nasdaq has been selected to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases. Within the…

Read more
May 26, 2017 BY admin

FX Large and BrokerSourcing.com announce content partnership

BrokerSourcing.com Limited of London announced they've contracted with FX Large, also of London, to provide ongoing and fixed content for its value added VPS service to retail brokers. FX Large will be providing market commentaries, videos, and webinar content for BrokerSourcing. Tim Blanchard, Managing Director of BrokerSourcing.com said, “our aim is not just to provide…

Read more
May 24, 2017 BY admin

BNP Paribas receives $350m fine for manipulating forex rates

French bank BNP Paribas (BNPP) has today been struck with a $350 million USD fine by New York State's banking regulator. The bank is being held responsible for its Foreign Exchange “Cartel” manipulating foreign exchange rates, engaging in collusion, executing fake trades, coordinating trades to enhance profits at customers’ expense, and improperly sharing confidential customer…

Read more
May 23, 2017 BY admin

TransferWise launches multi-currency business bank accounts

UK money transfer provider TransferWise today launched its 'borderless' bank account for businesses that need a multi-currency account for trading in overseas markets. The UK-based money transfer company is set to record its first operating profit this year and claims more than one million customers. The company reportedly has more than doubled revenue in the…

Read more
May 22, 2017 BY admin

LedgerX closes $11 million Series B to push forward regulated bitcoin options

Still awaiting regulatory approval, the we last heard from LedgerX, a swap execution facility (SEF) for bitcoin options was in 2015 when the CFTC issued temporary registration status. Hoping to push forward, the company announced today closing of a Series B round of $11.4 million in financing. Led by Miami International Holdings Inc. and Huiyin Blockchain…

Read more
May 22, 2017 BY admin

Match-Trade introduces data feeds & execution for eight cryptocurrencies

Match-Trade Technologies LLC, headquartered in Irvine, California, is pleased to announce the launch of new data feeds for eight (8) most popular cryptocurrencies. Like other offerings, Match-Trade has based this new feature on its proprietary matching engine technology. The Company can provide direct feeds and liquidity for the most popular cryptocurrencies such as Bitcoin, Litecoin,…

Read more