May 15, 2014 BY Mike Fox

Australia’s Yieldbroker Pty gets exemption from SEF license extended until mid-August

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced the issuance of a no-action letter extending the conditional time-limited relief provided in CFTC No-Action Letter No. 13-76 for Australian-based trading platform Yieldbroker Pty Limited (Yieldbroker). This is no surprise here as authorities across Europe and the United States have been lenient…

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May 14, 2014 BY Mike Fox

Numis Securities starts Plus500 with buy rating and GBP 8.24 price target, indicating 30% upside

Numis Securities Limited, a leading independent investment banking and institutional stockbroking firm has today initiated coverage on CFD broker Plus500 (LON:PLUS) in a research note issued on Wednesday, AnalystRatings.Net is reporting. The shares are trading up today around 3.8% on the news. Numis set a “Buy” rating for Plus500 (LON:PLUS) and placed a GBX 824…

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May 13, 2014 BY Mike Fox

Larrain Vial S.A deploys Raptor’s trading tools for global order routing to MILA markets

Raptor Trading Systems, a provider of multi-asset connectivity management and trading solutions for the global financial community, continues to experience strong growth in Latin America and announces that Larrain Vial S.A., the largest independent financial institution in Chile and top player in the MILA markets (Chile, Colombia and Peru), has successfully implemented and deployed Raptor’s…

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May 12, 2014 BY Mike Fox

GAIN Capital April retail volumes take a 5.5% drop compared with March

GAIN Capital (NYSE:GCAP), whose stock plummeted last week on the back of a weak Q1 financial report today reported certain operating metrics for the month of April 2014. Retail metrics Retail OTC trading volume of $174.4 billion, a decrease of 5.5% from March 2014 and an increase of 19.6% from April 2013. Average daily retail OTC…

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