In a month where some of the world's leading Retail and Institutional FX brokers were setting volume records, Copenhagen based brokerage group Saxo Bank reported its third volume decline in a row. Overall, May 2018 trading volumes came in at a daily average of $17.6 billion at Saxo Bank, down slightly from $17.7 billion in…
Read moreLondon based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has announced its results for Fiscal 2018 (CMC has a March 31 financial year end), indicating that the company saw steady if unspectacular growth in the second half of Fiscal 2018 (the period of October 2017 through March 2018). Overall, Fiscal 2018 Revenues came…
Read moreAfter reporting an absolutely monster Q1 which saw it more than double its previous best quarterly Revenues, to $297 million, CFD broker Plus500 Ltd (LON:PLUS) has issued a mid-quarter Trading Update stating that its business continues to trade strongly. Accordingly, the Plus500 Board has materially increased its expectations for the group's financial performance for the year…
Read moreRoboMarkets Ltd, the CySEC licensed arm of global FX brokerage group RoboMarkets, has announced that it has opened access to new trading instruments in its multi-asset R Trader terminal. From now on, RoboMarkets clients can start investing in real stocks from the largest American stock exchanges, and also take part in all corporate events as…
Read moreContinuing the string of strong FX volume reports we have seen from across the Retail and Institutional trading world for the month of May 2018, retail broker FXCM has announced that its volumes in May were up 15% month-over-month, $212 billion versus $184 billion in April. We are expecting a (quiet) rebranding of FXCM in…
Read moreSydney, Australia based boutique prime broker Invast Global has announced that it has signed and issued a Statement of Commitment to the FX Global Code of Conduct. The announcement comes shortly after the firm was officially voted in as an institutional member of the Australian Financial Markets Association (AFMA). The Australian Financial Markets Association (AFMA) was…
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Continuing a very strong start to the year in which it saw more than a trillion dollars of trading volumes in Q1, FCA and CySEC licensed Retail FX broker Exness has reported that May client volumes came in at $395.2 billion - a monthly record for the company and one of the best-ever months seen by a Retail…
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Continuing what has been a parade of stellar volume reports for May 2018 from some of the leading Retail and Institutional FX trading platforms, Australia based ASIC licensed IC Markets has reported that it has joined the "400 Club", with May volumes coming in at a record USD $447 billion. May’s average daily volume record of…
Read moreFCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (NEX:LCG) has announced its results for the full year 2017, indicating steady if unspectacular improvement in the second half of the year. However, the company continues to lose money, albeit at a slower rate. And, most interestingly, the company separately announced that…
Read moreLeapRate Exclusive... LeapRate has learned that Markets.com, the Retail FX and CFD brokerage arm of online gaming and financial giant Playtech PLC (LON:PTEC), is planning on launching a new branded service targeting the high end of the retail client spectrum. The new service will be called MarketsX. Looking to break out of its long-term core area…
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