The US online trading services provider, GAIN Capital Holdings, Inc. (NYSE: GCAP), announces operating metrics for January 2020. The OTC trading volume for the retail segment was $161.4 billion, making a 23.4% increase in MoM but still down 12.3% compared to January the previous year. The average daily volume OTC trading made a 17.7% MoM…
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The Exness Group has just announced that its trading volume for the month of January is US$417.7 billion. The company reported that this is the highest month since its creation back in 2008. LeapRate reminds that by the middle of 2014 the Exness Group clients' monthly trading volume was more than 180 billion USD and…
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LMAX Group, the independent operator of institutional execution venues for FX and crypto currency trading, reported record profitability and financial performance for the year ended 31 December 2019. 2019 financial highlights include: Gross Revenues of US$59.6m, up 19% from 2018 Gross Profit of US$56.3m, up 27% from 2018 Statutory EBITDA of US$26.2m, up 30% from…
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Multibank FX aggregation service FXSpotStream just released its volumes report for the first month of 2020. The ADV figures for January are based on 22 trading days. ADV in January increased 19.11% to USD37.033 billion compared to December 2019. January’s ADV of USD37.033 billion was 9.74% greater than CBOE HotSpot’s ADV of USD33.592 billion – exceeding…
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Singapore-based broker Straits Financial Services Pte. Ltd. just announced that is now providing prime-of-prime (PoP) brokerage services to Spotex, a developer of modular, technology systems for foreign exchange brokers and institutional ECN operator. The partnership enables clients to access institutional FX liquidity via Straits Financial and provides a gateway for brokers to deploy Spotex’s modular…
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GMO-Z.com Trade UK Limited, FCA-regulated and an affiliated company of GMO CLICK Securities Inc., has just announced that it has teamed up with RegTech solutions muinmos PASS and NorthRow. The company aims to accelerate its client onboarding processes for its forthcoming prime-of-prime brokerage services. GMO-Z.com’s prime-of-prime brokerage services will be offered under the new Z.com…
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Admiral Markets UK announced today the launch of their new wallet feature in Trader’s Room. The wallet will serve as a central account that links trading accounts with funds from banks, e-wallets, credit cards, etc. The feature will allow direct deposits rather than going around transferring money to individual trading accounts. The transferred funds will…
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Fintech company and brokerage ATFX recently launched Adobe Sign as a new service for its clients in South East Asia. The new service allows clients to sign electronic forms and send them back to the company in a minute. LeapRate reminds that the broker also recently launched ATFX Connect for institutional clients, Biometric facial recognition…
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Retail forex broker FXCM (NYSE:FXCM) released execution data for December 2019. All Instruments Highlights include: 72.9% of orders executed at price, a drop of 2.14% MoM 20.8% of orders executed with positive slippage, up 9.5% MoM 6.3% of orders executed with negative slippage, down 3% MoM Average execution speed 17 milliseconds Highlighted Instruments December 2019: The company…
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UK online trading leader IG Group Holdings plc (LON:IGG) announced its results for the six months ended 30 November 2019 (H1 FY20). Back in December, the broker noted that the net trading revenue in H1 FY20 was expected to be around £250 million, as the prior year period benefited from two months of trading prior to the ESMA product intervention measures coming…
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