Lucid Markets principal Matthew Wilhelm pockets $4.3M more of FXCM shares in October LeapRate

Mike Fox

LeapRate Analyst

October 14, 2014 BY Mike Fox

Lucid Markets principal Matthew Wilhelm pockets $4.3M more of FXCM shares in October

LeapRate Exclusive…LeapRate has learned, via a series of filings made with the U.S. Securities and Exchange Commission (SEC), that Lucid Markets principal Matthew Wilhelm has sold about $4.3 million worth of FXCM (NYSE:FXCM) shares during the month of October (see table below). Wilhelm unloaded 268,530 shares so far in October for an average price of about…

October 14, 2014 BY Mike Fox

Dim sum in UK? Britain takes orders for its first government bond denominated in renminbi

The UK is set to become the first foreign country to print an offshore renminbi bond, a move that points to the currency's growing global appeal and the UK's desire for London to be the major offshore renminbi hub.

October 13, 2014 BY Mike Fox

Moscow Exchange signs cooperation agreement with Bank of China

Agreemet to help expand clearing and settlement transactions in countries' national currencies

October 13, 2014 BY Mike Fox

Markets.com and SafeCharge controlling shareholder Teddy Sagi solidifies control of London's Camden Markets

Israeli business daily "Globes" is reporting that Israeli billionaire Teddy Sagi has bought another part of Camden Markets in London for an estimated £70-90 million. In March, Sagi bought Camden Stables Market for £400 million. The London market is made up of six sections and now Sagi owns the two largest sections of Camden Market,…

October 13, 2014 BY Mike Fox

RBS CEO says bank to reach FX probe settlement within year

Royal Bank of Scotland could reach a settlement with authorities over the alleged rigging of FX markets in the next six to 12 months as first reported by Bloomberg, Chief Executive Officer Ross McEwan said. The two biggest litigation issues facing Britain’s largest state-owned lender are an investigation into currency rigging and the U.S. government probe…

October 13, 2014 BY Mike Fox

LeapRate Forex Weekly Look Back – Week of October 6th

LeapRate Forex Weekly Look Back – Week of October 6th RoboForex opens up CopyFX to wider clientele | https://www.leaprate.com/6cSAL ADS Securities gains presence in London, purchases Pioneer Trader |https://www.leaprate.com/FH9Xi Saxo Bank launches $9,000 trading competition | https://www.leaprate.com/EfKgK TRADOLOGIC expands in China, adds Bus Dev director for Asia|https://www.leaprate.com/UahzF China looks to open interbank FX market to…

October 11, 2014 BY Mike Fox

Gold-i CEO Tom Higgins shortlisted for the Great British Entrepreneur Awards

He is one of six entrepreneurs nationwide to be selected as a finalist for the Financial Services Entrepreneur of the Year category.

October 10, 2014 BY Mike Fox

Thomson Reuters September spot FX volumes are 2014's best at $144B ADV - up 34.6% MoM

Thomson Reuters reported FX volumes today for September, with spot FX ADV volumes coming in at $144 billion, up from August's $107 billion, for a 34.6% jump MoM. September 2013’s spot FX ADV stood at $119 billion - a 21% rise YoY. Other volumes which includes the Thomson Reuters SEF platform and forwards, swaps, options and…

October 09, 2014 BY Mike Fox

GAIN Capital's September total volume rises 28.8% MoM - retail sets record

GAIN Capital Holdings, Inc. (NYSE: GCAP) today reported operating metrics for the month of September 2014. The results show an excellent month, in-line with the rest of the industry as a September to remember during this otherwise muted year. Gain's retail platforms posted it's highest volume number on record as it blew past the $200…

October 09, 2014 BY Mike Fox

FXPRIMUS reports best ever month in September at $40B volumes

FXPRIMUS, the fully registered brokerage in both New Zealand and Mauritius capped off a stellar Q3 by processing $40.02B notional in client transactions during September 2014. This represented a 130% increase in volume from September 2013 and was a record month for the 5 year old retail broker from Mauritius. Despite a challenging environment in…

Lucid Markets principal Matthew Wilhelm pockets $4.3M more of FXCM shares in October

Dim sum in UK? Britain takes orders for its first government bond denominated in renminbi

Moscow Exchange signs cooperation agreement with Bank of China

Markets.com and SafeCharge controlling shareholder Teddy Sagi solidifies control of London's Camden Markets

RBS CEO says bank to reach FX probe settlement within year

LeapRate Forex Weekly Look Back – Week of October 6th

Gold-i CEO Tom Higgins shortlisted for the Great British Entrepreneur Awards

Thomson Reuters September spot FX volumes are 2014's best at $144B ADV - up 34.6% MoM

GAIN Capital's September total volume rises 28.8% MoM - retail sets record

FXPRIMUS reports best ever month in September at $40B volumes

Clearstream Introduces Collateral Benchmarking Tool to Enhance Market Insights

Swedbank Acquires Barclays’ Entercard Stake

Platts and CME Group to Launch Screen-Based Price Assessment Tool for US Aluminium Market

Caladan and Finery Markets Join Forces to Tap OTC Crypto Surge

FINMA Flags PostFinance Weakness in Emergency Planning