Copenhagen based multi asset broker Saxo Bank has announced its March trading volumes. And, in line with what we have seen at other leading Forex and Online brokers so far, March was a very good month at Saxo Bank. Overall, trading volumes at Saxo Bank were up 19% MoM in March, totaling $376.7 billion -…
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One of March's most anticipated forex trading volumes reports is now in, with FXCM reporting a healthy 12% MoM rise in activity. Overall, March volumes came in at $225 billion at FXCM, versus $201 billion in February. (We'd note however that on a daily-average-volume basis, FXCM customer trading activity was actually down 3% MoM in…
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Retail forex broker GAIN Capital Holdings, Inc (NYSE: GCAP) just reported their operating metrics for the month of March 2017. Apparently, the acquisition of the US clients of FXCM - now Global Brokerage Inc (NASDAQ:GLBR) - drove Gain Capital to higher FX volumes last month, after their low Forex volumes in February. OTC Trading Volume…
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Exness also reported highest ever number of active clients during a calendar month at 46,112.
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LeapRate Exclusive… LeapRate has learned via regulatory filings made in Norway and the UK that Norway’s central bank, Norges Bank, has increased its position in UK online Forex and CFDs broker CMC Markets Plc (LON:CMCX) to 4%, making Norges one of CMC's largest shareholders. The Norges Bank stake in CMC consists of 11.73 million shares, worth about…
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CySEC regulated forex and CFD broker FX Central Clearing Ltd (FXCC) has launched a new website design today in efforts to always be in line with new trends and the needs of their clients. The new and refreshed website enables traders to enjoy easier navigation with a homepage with one access point explaining all services…
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LeapRate Exclusive... LeapRate has learned via regulatory filings in the UK that FCA regulated brokerage and platform white label group FINSA Europe Ltd has had a very successful 2016, growing Revenues by 60% to £8.0 million for the year, versus just under £5.0 million in 2015. FINSA Europe operates its own spread betting and CFDs…
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Japanese online trading company Monex Group Inc. (TYO:8698) has reported its monthly business metrics for the month of March 2017, the decrease from previous months February and January continues. The number of Daily Average Revenue Trades (DARTs – the number of trades and transactions per day which generate revenue) was 257,717 - down 1.93% MoM.…
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LeapRate Exclusive... LeapRate has learned via regulatory filings made in the UK and Singapore that King & Shaxson Capital Limited has seen a significant drop in activity in Fiscal 2016. (The company has a June 30 year end). King & Shaxson is the parent company of FCA regulated retail and institutional Forex broker PhillipCapital UK.…
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Since reporting its fourth quarter and full year 2016 financial results on March 20, shares of Global Brokerage Inc (NASDAQ:GLBR) - formerly known of course as FXCM Inc - have been on a tear. After hitting an all-time low of $1.45 on March 17, GLBR shares have soared more than 86% in the following 10…
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