May 02, 2018 BY LeapRate Staff

FXSpotStream April FX volumes down 11% MoM to $24.6 billion ADV

After reporting record trading volumes throughout Q1, multibank FX aggregation service FXSpotStream has announced that April volumes came in at $24.6 billion ADV, down 11% from March's $27.5 billion. However, in the big picture, April was still FXSpotStream's third best month ever. By comparison, FXSpotStream’s previous volume record coming into 2018 was $23.9 billion ADV in September 2017. By another…

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May 01, 2018 BY LeapRate Staff

Oanda partners with Currenex on new institutional FX trading platform

New York based FX brokerage group Oanda has announced that it has recently launched an institutional trading platform tailored to meet the advanced requirements of professional FX traders, from hedge funds and brokers to CTAs and proprietary trading firms. Called OANDA Pro, the platform will be powered by State Street's Currenex, a leading provider of high-performance…

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May 01, 2018 BY LeapRate Staff

Canadian regulator: Do not give AvaTrade your money

Canadian provincial financial regulator The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has announced that it has issued a Temporary Cease Trade Order against Ava Trade Limited. The FCAA stated that AvaTrade appears to be operating an unregistered online platform that allows users to trade in Forex and Contracts for Difference (CFDs). FCAA Deputy Director…

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