January 11, 2016 BY Maria Nikolova

GAIN Capital has strong December, as retail volumes rise 20.7% MoM

Gain Capital Holdings Inc (NYSE:GCAP) has managed to finish 2015 on a strong note, with retail trading volumes registering increases in both monthly and annual terms in December 2015. Retail trading volumes recovered from weak levels seen in November 2015 to record a double-digit month-on-month jump. The rise from December 2014 was also impressive at 17.3%.…

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January 11, 2016 BY Maria Nikolova

Thomson Reuters FX platform registers 166% jump in options trading volumes in 2015

Thomson Reuters Corp (NYSE:TRI) has witnessed increased adoption of electronic Forex options last year, with Thomson Reuters FX dealer-to-client venue registering a 166% year-on-year jump in options trading volumes in 2015. The fourth quarter of 2015 marked record-high monthly, weekly and daily volumes with more than 36 global and local active options price-makers and over…

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January 11, 2016 BY Maria Nikolova

DGCX revises margin requirements for selected currency, metal futures contracts

The Dubai Gold & Commodities Exchange (DGCX) is changing initial margin requirements for several currency and metals contracts, with the changes effective Monday, January 11th. The changes will affect the Copper, INR/GBP, USD/KRW, USD/RUB and USD/ZAR contracts. The initial margin will be reduced for the USD/KRW contracts whereas the other contracts will see higher margin…

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January 11, 2016 BY Maria Nikolova

Fidessa names Ken Archer Chairman of Remuneration Committee

Fidessa Group plc (LON:FDSA), a provider of trading, investment and information solutions to the financial sector, today announced the appointment of Ken Archer, a non-executive director of the company, as Chairman of its Remuneration Committee. The appointment is effective January 8, 2016, with Mr Archer also becoming a member of the Nominations Committee on the…

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January 11, 2016 BY Maria Nikolova

FXCM to provide execution and data services to PFSOFT’s ProTrader multi-asset platform

Online trading services provider FXCM Inc (NYSE:FXCM) today announces a collaboration with software developer PFSOFT that will see FXCM provide trade execution and market data to the PFSOFT Protrader multi-asset solution through FIX API. PFSOFT has integrated FXCM's FIX API, which offers both FX and CFD execution. As a result of this collaboration, each broker…

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January 11, 2016 BY Maria Nikolova

EXNESS launches MT4 web version

Retail Forex broker EXNESS has become the latest company to join the lineup of firms adding the web version of the popular MetaTrader 4 (MT4) platform to their offering. Clients of EXNESS can login with their existing account credentials and trade directly via WebTerminal without having to download or install any program. No additional registration is…

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January 11, 2016 BY Maria Nikolova

Italy's Consob issues warning against ZAR FX

Italy's financial markets regulator Consob has started the new year by publishing one more warning against a Forex company. The regulator today issued a warning against Forex firm Zar FX. The warning states that Zar Forex Capital Markets Ltd, RGV Media Ltd and RGV Holdings Ltd are not authorized to provide investment services in Italy…

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January 09, 2016 BY Maria Nikolova

Thomson Reuters FX spot volumes register 1.1% MoM rise in December 2015

Thomson Reuters Corporation (TSE:TRI) has just published the operating metrics for its Forex electronic trading platforms Matching, FXall and the Thomson Reuters SEF for December 2015, with trading volumes registering gains in monthly terms, following a weak November. The annual comparison, however, was less positive, with spot volumes recording a double-digit drop. Let’s take a…

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January 08, 2016 BY Maria Nikolova

TAIFEX sees RMB futures volumes recover in December 2015

Taiwan Futures Exchange (TAIFEX) has just published its operating metrics for December 2015, with Yuan FX futures staging a recovery after a subdued November. In December 2015, monthly trading volumes with USD/CNH FX Futures (RHF) amounted to 9,381 contracts, up 86% from the 5,047 contracts traded in November 2015. The monthly volumes for USD/CNT FX…

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January 08, 2016 BY Maria Nikolova

PayPoint sells online payment businesses to Capita for £14M

Payment solutions provider Paypoint plc (LON:PAY) today announces the sale of its Online Payment businesses comprising PayPoint.net and Metacharge to Capita for a cash consideration of £14 million ($20.5 million). PayPoint first unveiled its plans to dispose of its Mobile and Online businesses when it presented its full year results in May 2015. The company…

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