BGC Partners, Inc. (NASDAQ:BGCP) has just announced that effective April 4, 2016, Steve McMurray became its Chief Financial Officer. Mr McMurray, who joins BGC Partners from insurance provider Amlin, succeeds Graham Sadler, who announced his intention to retire from BGC in February 2015. In his new role, Mr McMurray will be in charge of BGC's…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has earlier today posted its electronic volumes metrics for March 2016, with trading activity on EBS lagging behind February 2016 levels. Average daily volumes at EBS amounted to $83.7 billion in March 2016, down 18% from February's reading of $102.6 billion.…
Read moreJapanese online trading services provider GMO Click Securities, a subsidiary of GMO Click Holdings Inc (TYO:7177), has just published its key operating metrics for March 2016, with the month failing to match the February 2016 achievements. Both OTC and on-exchange trading volumes took a dive in March, although GMO Click saw a rise in Forex accounts.…
Read moreOnline trading services provider Monex Group, Inc. (TYO:8698) has just published its volumes metrics for March 2016, with numbers down from February 2016 levels. The apparent reasons for the plunge include the sale of FX accounts of TradeStation Forex (IBFX) in Australia and the United States to OANDA last month, as well as seasonal factors. The…
Read moreR3 Consortium and Microsoft Corporation (NASDAQ:MSFT) have unveiled a strategic partnership aimed at bolstering the use of distributed ledger technologies among R3 member banks and international financial markets. R3 also named Microsoft Azure the preferred cloud services provider for its R3 Lab and Research Center serving more than 40 member banks. Under the collaboration, Microsoft…
Read moreJapanese Forex broker Monex Inc, part of Monex Group, Inc. (TYO:8698), has selected JASDEC (Japan Securities Depository Center, Inc.) Processing Solution of Broadridge Financial Solutions, Inc. (NYSE:BR) to support its Japanese equity and investment trust processing business. The collaboration will enable Monex to enhance its retail trading and client services and further develop its growth…
Read moreWe are diving deeper into the volumes reporting season, with most companies thus far announcing trading volumes which are weaker than in February 2016. ASX is not one of them, if we take into account the data reported by the Exchange earlier today, as futures and options on futures volumes rose steeply from February 2016…
Read moreIn tune with LeapRate's earlier report about plans of Bats Global Markets, Inc., owner of Hotspot FX, to go public again, the company today announced the launch of its initial public offering. The company announced an offering of 11,200,000 shares of its common stock by certain Bats stockholders. The initial public offering price per share is…
Read moreMoscow Exchange, or Moskovskaya Birzha MMVB-RTS PAO (MCX:MOEX), the biggest Russian trading venue for currencies, shares and derivatives, has earlier today published its monthly volume metrics for March 2016, with monthly Forex volumes up in monthly terms but average daily volumes (ADV) down from February 2016 levels. MOEX reported monthly FX market turnover of RUB…
Read moreGTX, the institutional Forex trading division of Gain Capital Holdings Inc (NYSE:GCAP), announces the launch of live market data binary protocols free of charge to clients of its ECN trading platform. GTX has created the binary protocols in response to requests from algorithmic traders, including market makers, who can use the protocols to deliver more…
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