After a challenging October for futures trading activity at the Australian Securities Exchange (ASX), trading volumes staged a nice rise in November 2015, as shown by ASX's latest monthly activity report. In November 2015, futures and options on futures volume rose 2.5% from October 2015 levels to 9,585,567 contracts. The result is 35% higher than the…
Read moreMonex Group, Inc. (TYO:8698) has earlier today posted its operating metrics for November 2015, with the results showing a drop in Forex volumes in both monthly and annual terms. Global Forex volumes, that is Forex volumes across all Monex's subsidiaries, amounted to humble $22.6 billion in November 2015, down 19.9% from the result registered in…
Read moreKPMG, the Joint Special Administrators of retail Forex broker Alpari UK that went insolvent following the Jnauary 15, 2015 events, today confirmed that preferential creditors of the broker will be paid in full. KPMG has already stated – back in August, when it released the First Progress report on the Alpari UK case, that all preferential…
Read moreRetail Forex broker EXNESS has posted its key operating metrics for November 2015, with Forex volumes failing to match the strong result seen in October 2015. In the face of the month-on-month slowdown in trading activity, however, the annual comparison was much more positive. EXNESS reported monthly Forex volumes of $177 billion for November 2015, down…
Read moreUS Forex broker FXCM Inc (NYSE:FXCM) today announced the completion of the sale of FXCM Securities Limited to AS Expobank. The report comes several months after LeapRate exclusively reported of FXCM's plans to sell this business to Expobank. FXCM Securities was FXCM's brokerage specializing in exchange traded equities, futures, and options, which was acquired in 2010,…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian marketplace for currencies, stocks and derivatives, has just published its operating metrics for November 2015. In tune with what the rest of the industry has shown so far, MOEX's data also pointed to a decline in Forex trading activity in monthly terms. Forex market…
Read moreThe latest SWIFT RMB Tracker is out, showing that the Chinese yuan stayed at the fifth position in the ranking of world payment currencies in October 2015. In October 2015, the RMB accounted for 1.92% of global payments. At the same time, RMB payments value decreased by 23.53% compared to September 2015, whilst in general…
Read moreMulti-asset investment and trading expert Saxo Bank has been continuously improving its services. Keeping an eye on precision, the company is planning to introduce side-based Profit/Loss (P/L) calculations for Forex positions. Profit/Loss on open Forex positions shown in the Positions lists will be calculated based on the actual Bid or Ask close price instead of the…
Read moreForex volumes edged down further at international derivatives marketplace CME Group Inc (NASDAQ:CME) in November 2015, following an already subdued October 2015, in tune with picture of results the Forex industry has displayed thus far. Let’s examine the particular metrics: CME Group saw FX volumes average humble 713,000 contracts per day in November 2015, down…
Read moreWhile Russian Forex market participants are pushing for extension of the licensing grace period, various providers have already started making their offers for services that the Forex brokers (or Forex dealers, as per their official designation in Russia) will need in order to meet the new regulatory requirements. Given the Russian affinity for bureaucracy, it…
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