April 11, 2016 BY Maria Nikolova

Saxo Bank registers 1.9% MoM drop in volumes in March, deposits rise

Multi-asset trading and investment services provider Saxo Bank has just published its key operating metrics for March 2016, with Forex volumes showing a slight drop in monthly terms, whereas client deposits marked a rise. Saxo Bank's monthly trading volumes for March 2016 amounted to $254 billion, down 1.9% from the result of $259 billion registered in…

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April 11, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes grow in March 2016

Although trading activity was subdued across many venues in March 2016, the volumes metrics just published by Taiwan Futures Exchange (TAIFEX) show a rise in overall turnover and in RMB futures volumes, in particular. Overall trading volumes at the Exchange amounted to 22,400,159 contracts in March 2016, up 69% from the result of 13,258,237 contracts…

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April 09, 2016 BY Maria Nikolova

Binary Options Scam Watch: BCSC warns against Opteck

The British Columbia Securities Commission (BCSC) on Friday issued a warning against binary options firm Opteck, thus taking the number of participants in its Investment Caution list to 155. Opteck, a brand of CST Financial Services Ltd, offers its services via opteck.com. The broker claims to be based in Belize City, Belize. The regulator has…

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April 08, 2016 BY Maria Nikolova

UK competition watchdog opens inquiry into Tullett Prebon – ICAP deal

The UK Competition and Markets Authority (CMA) today announces the opening of an inquiry into the planned deal between ICAP plc (LON:IAP) and Tullett Prebon Plc (LON:TLPR). The watchdog is examining the proposed acquisition of ICAP's global wholesale broking and information business (IGBB) by Tullett and the planned acquisition of a 19.9% stake in Tullett by…

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April 08, 2016 BY Maria Nikolova

ChartIQ to launch new & improved Technician app soon

US-based trading technology developer ChartIQ has announced the upcoming launch of a new and improved version of its trading and charting application Technician. The improved application will offer users all-new design for mobile devices, as well as the ability to trade from the chart. It will also provide access to various market news and detailed…

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April 08, 2016 BY Maria Nikolova

Japan's FSA issues license for clearing interest rate derivatives to LCH.Clearnet

International clearing house LCH.Clearnet Ltd announced today that it has obtained approval for a clearing licence from the Japanese Financial Services Agency (FSA). The licence allows LCH.Clearnet to clear non-Yen OTC interest rate derivatives, on behalf of local banks based in Japan through its SwapClear service. Before LCH.Clearnet gained this licence, Japanese banks were able…

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April 08, 2016 BY Maria Nikolova

Exness registers trading volumes of $197.9B in March, up 2.9% MoM

Retail Forex broker Exness, staying true to its transparency commitment, has just published its key operating metrics for March 2016. In contrast with the month-on-month drop in trading volumes the majority of online trading companies have reported thus far, Exness managed to see a nice increase in FX turnover in March 2016. The company reported…

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April 08, 2016 BY Maria Nikolova

IG and CMC Markets continue to lead crowded Australia retail forex market

Australia-based research firm Investment Trends has recently published a retail FX report for its home market. The Investment Trends 2015 Australia Foreign Exchange Report is based on a survey of 13,910 online investors including 3,967 active FX traders. Key findings: IG Group Holdings plc (LON:IGG) and CMC Markets Plc (LON:CMCX) continued to dominate the market…

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April 07, 2016 BY Maria Nikolova

IG Group announces 10 most traded ETFs during ISA season

Leading online trading services provider IG Group Holdings plc (LON:IGG) has earlier today published the Top Ten of most traded ETFs during the ISA season. The data shows that global stock market and oil ETFs dominated as the most traded ISA-eligible ETFs on IG's stockbroking platform during the period in question. The release follows the…

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April 07, 2016 BY Maria Nikolova

Thomson Reuters Eikon becomes available as Apple Watch app

The list of financial services providers offering their applications for Apple Watch keeps growing, with the latest addition to this expanding group being Thomson Reuters Corp (NYSE:TRI). The company has recently released an update to the Thomson Reuters Eikon app, which offers support for Apple Watch. Owners of Apple Watch that use the application can…

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