April 02, 2014 BY Gerald Segal

Sanko Menkul Degerler Partners with Gold-i for Reliability and Service

Sanko Menkul Degerler A.S, one of Turkey’s largest brokerages, selects Gold-i Gate Bridge to connect MT4 to liquidity providers Sanko Menkul Degerler A.S, one of Turkey’s largest brokerages, has selected the super low latency Gold-i Gate Bridge to connect MetaTrader4 to the market’s primary liquidity providers. The partnership between Sanko and Gold-i was arranged by…

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April 02, 2014 BY Gerald Segal

Plus500 reports record March-quarter revenues - up 207%

Increase of 207% in revenues to $60.7m in Q1 2014 up from Q1 2013 at $19.7M Plus500’s March-quarter revenues were up 207% to $60.7M, while its number of new customers gained 63% to 20,124. Its number of active customers increased 48% to 50,438. March-quarter revenues in 2013 came in at $19.7M, and in 2013 they…

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April 01, 2014 BY Gerald Segal

Moscow Exchange: Turnover increases 50% YoY in March

FX market turnover in February was RUB 23.0 trln (more than double March 2013's RUB 10.1 trln) FX market turnover on the Moscow Exchange in March was RUB 23.0 trln (more than double March 2013"s RUB 10.1 trln), including spot trades of RUB 7.3 trln (32% of the total) and swap trades of RUB 15.7 trln (68%). The FX market's average daily turnover was…

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April 01, 2014 BY Gerald Segal

Saxo Bank launches XAUCNH FX spot cross

The firm also improves spreads on all existing spot CNH crosses Saxo Bank, the largest European-based Forex trading firm (and a member of LeapRate's Approved List of Forex firms) has today added a new FX spot cross to the platforms. The bank is now trading spot gold against Chinese offshore renminbi (XAUCNH). Elizabeth Missfeld who works…

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April 01, 2014 BY Gerald Segal

New Watch EBS mobile forex app – a NetDania white label

Update: NetDania has announced delivery to EBS, of its mobile application in a white labelled version A follow up to our article yesterday on EBS’s new mobile forex app as we have learned the new 'Watch EBS' mobile app comes from financial mobile app vendor NetDania. It is of course a big deal for a…

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April 01, 2014 BY Gerald Segal

Interdealer broker GFI Group selects Lombard Risk for reporting

GFI Group has selected Lombard Risk to handle reporting amid changing regulatory demands Lombard Risk Management plc (Lombard Risk), a leading provider of integrated regulatory reporting, compliance and collateral management solutions for the financial services industry, is pleased to announce that GFI Group has selected Lombard Risk REPORTER for EBA Common Reporting for its operations in…

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April 01, 2014 BY Gerald Segal

IG Index has deployed FioranoMQ from Fiorano Software

Replaces IBM MQ with faster, more robust JMS system Fiorano Software, a leader in enterprise integration middleware solutions, announced that FioranoMQ has been deployed at IG Index, the UK's number one financial spread betting and Forex services provider. Real-time enablement of multiple internal processes, reduced latencies, the addition of new business functionality and improvements in…

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April 01, 2014 BY Gerald Segal

ICAP Expects Annual Results In Line With Consensus Forecast

Announces its trading update ahead of the close period for the full year ending 31 March 2014 ICAP Plc (IAP), the world’s largest broker of transactions between banks unveils in an official news release that overall trading activity levels in the Global Broking division have declined consistent with general market trends since the time of…

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March 31, 2014 BY Gerald Segal

IPO fever continues - SafeCharge raises $126 million

Teddy Sagi's SafeCharge raises $126m on AIM iGaming affiliate XLMedia upsized their IPO last week on the London Alternative Investment Market (AIM). Now it is payment clearing company SafeCharge’s turn. SafeCharge has become one of Europe's leading clearing companies, with a focus, for now at least, on the gaming industry as well as online trading…

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