KCG Holdings, Inc. Class A (NYSE:KCG) has just published its operating metrics for November 2015, with market making volumes marking a drop when compared to October 2015 levels. The drop comes after October saw virtually no change in market making volumes and September showed a 15% month-on-month decrease in market making volumes. In Market Making, KCG…
Read moreSwissquote Bank Ltd today announced the addition of “Star Wars Brands” theme to its themes trading service lineup. Via the new theme, the clients of Swissquote gain the opportunity to invest in a selected menu of stocks tracking the success of the “Star Wars” franchise, including titles from the entertainment, film production, merchandise industries, as…
Read moreThe past several weeks have seen several directors of Chinese and Hong Kong financial companies mysteriously disappear. But whereas we are still awaiting any news regarding Dr. Yim Fung, chairman of Hong Kong brokerage Guotai Junan International Hold. Limited (HKG:1788), Mr. Guo Guangchang, executive director and chairman of Fosun International Limited (HKG:0656,) reappeared this morning…
Read moreJapanese online trading services provider DMM.com Securities is cutting spreads on selected currency pairs starting from today. The move will affect eight trading instruments, including: NZD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD, EUR/GBP, EUR/AUD, GBP/AUD. EUR/AUD trades will enjoy the steepest spread reduction – from 2.3 pips to 1.6 pips, whereas the reduction for GBP/USD and AUD/USD…
Read moreItaly's financial markets regulator Consob has been quite active in issuing warnings against unauthorized Forex and binary options brokers targeting Italian investors. The latest addition to the Warning List is StoxMarket, operating though https://www.stoxmarket.com. The company is offering a variety of online trading services, including Forex trading on MT4. Its contact page provides addresses of…
Read moreA follow-up to LeapRate's earlier story on the Western Union Company (NYSE:WU) submitting an acquisition proposal for Ozforex Group Ltd (ASX:OFX), an international provider of online payment services... OzForex announced today that in light of the bid, its Board has determined to allocate a total retention pool of $2.66 million to six key executives who assumed…
Read moreMauritius-registered Forex broker Alpari International Limited has announced pending changes to the terms for fix.mt4 and pro.mt4 accounts, to be implemented on December 21, 2015. As part of these changes: fix.mt4 accounts will become standard.mt4 accounts; pro.mt4 accounts will become ecn.mt4 accounts. Also, the server name for both account types will change. After the trading…
Read moreThe Australian Securities & Investments Commission (ASIC) today published the rules implementing Australia's mandatory central clearing regime for over-the-counter (OTC) derivatives of financial institutions – the ASIC Derivative Transaction Rules (Clearing) 2015 and explanatory statement. The rules are released after a consultation on the matter was opened in May this year. The key aim of…
Read moreEarlier today, the Futures Financial Association of Japan (FFAJ) posted the monthly operating metrics of its members that offer Forex and binary options trading over the counter for November 2015. The Forex and binary options segments both showed pronounced drops in trading volumes last month, with Forex volumes dropping 20.3% from October 2015 levels and…
Read moreJapanese online trading company Invast Securities Co., Ltd. (TYO:8709) on Friday published its financial metrics for November 2015, with the numbers showing a continued month-on-month drop in revenues. Invast said its operating revenues for November 2015 amounted to JPY 244 million ($2.01 million), the weakest reading since August 2014. The result for last month was…
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