It looks like Saxo Bank's new ownership group has its work cut out. Continuing a very disturbing trend, trading volumes at Copenhagen based Retail FX broker Saxo Bank declined for the fourth consecutive month in September 2018, dropping to their lowest level since 2015. Saxo's all-important FX trading volumes - which account for more than…
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Continuing something of a disturbing trend over the past few months, data from FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) indicate that September was the company's slowest as far as trading volumes go looking back a number of years. GAIN Capital, which operates the Forex.com and City Index online retail trading brands, reported volumes of…
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After seeing UK hedge fund Odey Asset Management acquire a 5% stake in the company a month ago, online gaming and financial trading company Playtech PLC (LON:PTEC) has had Dublin, Ireland based value investor Setanta Asset Management jump in and buy a slightly smaller but still significant 3% interest in Playtech. The Setanta stake in…
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Corporate foreign exchange specialist Alpha FX Group plc (LON:AFX) has announced that the company has raised a total of £20 million (USD $26 million) through the issue of an aggregate of 3,218,602 new ordinary shares at a price of 620 pence per share. The company said that the share placing attracted strong support from high quality institutional investors.…
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FCA regulated provider of foreign exchange services to corporate and private clients across EMEA, Argentex LLP (or ‘the Company’), has just reported its results for the twelve months ended 31 March 2018. Argentex saw another year of strong growth across all key metrics, cementing the company’s position as a provider of foreign exchange services and advice…
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FCA and CySEC licensed Retail FX broker Exness has reported a 5% rise in FX trading volumes for the month of September 2018, following a relatively slow summer trading season. September volumes came in at $349.1 billion at Exness, versus $331.9 billion in August. The $349.1 billion figure represented Exness' fourth best ever month, behind just March-April-May…
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Forex and CFD technology solutions provider Spotware Systems has just announced that it has released a new copy trading service, cTrader Copy, which replaces cMirror, and now functions as a flexible investment program and a fully integrated feature of its flagship trading platform, cTrader. The cTrader Copy has taken the best of its predecessor, while…
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London based global commodities broker Marex Spectron has announced its formal return to the foreign exchange markets, with the launch of a new FX platform offering that includes a sophisticated desktop and mobile app for FX and precious metal spot trading and market monitoring. Through the platform offering, FX intelligent execution services are provided for…
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LeapRate Exclusive... After posting a loss of £2.7 million in 2016 which was then followed by the departure of longtime CEO Andrew Edwards and the subsequent appointment of Arman Tahmassebi to the company's top management spot, LeapRate has learned that FCA regulated broker ETX Capital was able to turn things around in 2017, posting a modest profit of…
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FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (NEX:LCG) has announced its financials for the first half of 2018, reporting its best results in a number of years. Overall, LCG brought in £18.6 million in Revenues in the first 6 months of 2018, up by 28% over the second half…
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