Saxo Bank has reported its worst monthly FX volume in almost 4 years. This time of year is particularly hard for brokers, and Saxo Bank proved no exception. Saxo Bank is a Danish investment bank that specializes in investment and online trading. During November, the multi-asset broker posted a month-on-month drop across the board for…
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FCA regulated online broker FXOpen's UK entity has just announced that it has launched MT5-based ECN trading accounts. FXOpen UK traders will now be able to choose between hedging and netting trading systems, as well as utilize the Economic Calendar and financial news for the fundamental analysis and quote dynamics forecasting trade using automated robots. Traders…
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2019 is slowly coming to a close, and before we know it, a New Year will have already begun. This is also the time when award committees begin to review their respective sectors of influence to designate the leaders of the pack, so to speak. It is also a time when independent companies conduct non-biased…
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UK online trading leader IG Group Holdings plc (LON:IGG) has issued its scheduled update on its revenue for the first half of its FY20 financial year (H1 FY20) ahead of entering its close period. Net trading revenue in H1 FY20 is expected to be around £250 million (prior year: £251 million). The prior year period benefitted from…
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Vantage FX, a global forex broker known for its ECN/STP service and wide array of CFD possibilities, is celebrating its ten-year anniversary by rebranding its entire website, its look and feel, and its product offerings. David Bily of Vantage FX told FX Empire that: The company’s rebrand and new tagline, “Trade your way” represents a…
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Retail forex broker and provider of FX and CFD trading, FXCM (NYSE: FXCM) have announced a series of new data products. FXCM have been primarily using their historic trading and execution data for internal purposes. However, the broker is now offering a suite of historic and real time data to suit different trading requirements. FXCM’s core market…
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Multibank FX aggregation service FXSpotStream has released its volumes report for the month of November. After November, the company's ADV for all of 2019 is USD36.435billion - up 23% vs the ADV for the same period in 2018 of USD29.570 billion. ADV decreased slightly 7.21% MoM to USD USD30.957 billion. November’s ADV dropped 12.91% YoY.…
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The retail forex trading industry has come a long way over the past two decades. One of the pioneering firms that has observed the evolution first hand, participated in it, and influenced it was Forex Capital Markets, known more familiarly as FXCM. The brokerage has endured both good and bad times, had to exit the…
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UK online trading leader IG Group Holdings plc (LON:IGG) is barely into its new fiscal year, and it is already making major shifts in its U.S. executive suite, as it rolls out its new strategy for leveraging its hard-won re-entry into the U.S. marketplace. The London-based giant in the spreadbetting and CFD trading arena, had once been…
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Cambodia-based derivative broker B.I.C. Markets has announced that it is the first company to launch the multi-asset trading platform in the country. B.I.C. Markets's launch of MetaTrader 5 shows a rapid development of the Cambodian marketplace as a financial hub, being regulated by the SECC. Furthermore, the B.I.C Markets team believes that MetaTrader 5 will…
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