Renewed volatility in crude oil prices over the past few days has led to new trading volume records at CME Group Inc (NASDAQ:CME). Derivatives marketplace CME Group today reported that it had reached a trading volume record for WTI Light Sweet Crude Oil futures yesterday, February 9, 2016. 1,603,771 WTI futures contracts changed hands yesterday, edging…
Read moreFXTG will only be allowed to close existing client positions until its license issues are ironed out.
Read moreDespite all its woes over the past year, retail forex broker FXCM Inc (NYSE:FXCM) continues to produce healthy operational results. January 2016 retail forex volumes at FXCM came in at $331 billion, 2% above December, although 13% lower than last January. LeapRate readers will recall than FXCM's problems began last January following the Swiss Franc spike, creating…
Read moreJohn Hardy, Head of FX Strategy at Saxo Bank, takes a look the plunging USDJPY, as investors flee Japanese stocks and the BoJ's failure to contain yen raises doubts on stimulus efficacy. [divide] USDJPY punched down through 116.00 in early US hours yesterday as US equities followed up the ugly European session with heavy selling in…
Read moreIG's head of global business development Tal Zohar explains all about the IG Affiliates program.
Read moreThe following article is courtesy of Marshall Gitler, Head of Investment Research for FXPRIMUS. [divide] The market is starting to get worried about the global financial system again. In particular, the European banking system is worrying people considerably. Since the beginning of last year, European bank stocks have done even worse than the oil &…
Read moreUK online Forex, CFD and spreadbetting broker CMC Markets plc (LON:CMCX) has had somewhat of a rocky start as a public company. The company's shares dropped 5% on Monday to close at £2.28 in their first full day of trading on the London Stock Exchange, following CMC's IPO last week at £2.40 per share. Nearly 4 million CMC…
Read moreThe stock market can be a very unforgiving place. Following our report yesterday that money transfer services provider OzForex Group Ltd (ASX:OFX) was calling off its acquisition talks with The Western Union Company (NYSE:WU), OzForex shares took a nosedive to the tune of 42%, closing the day Monday at AUD $1.79. The previous day's close was AUD…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) has officially issued an order allowing certain Korea Exchange (KRX) members to solicit and accept orders as well as accept funds directly from U.S. customers, without having to register with the CFTC as futures commission merchants (FCMs). The order is only for client trading on the KRX. The…
Read moreKnown mainly in the Forex and online gaming worlds for his controlling interest in Playtech PLC (LON:PTEC), parent company of Retail Forex / CFD brokerage Markets.com, online entrepreneur Teddy Sagi has a number of other public companies in his portfolio. One of those companies, Crossrider PLC (LON:CROS), recently put out a year-end trading update which disappointed investors,…
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