Consistent with what we've been seeing at other leading eFX trading venues for the month of June, Copenhagen based multi-asset broker Saxo Bank has reported that it saw an overall 4% MoM increase in trading volumes during June, including a 3% rise in FX trading volumes. FX volumes came in at $242 billion for June versus $235…
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U.S. Retail Forex Broker client assets held showed a MoM uptick from reporting data filed with the CFTC as of May 31st. The report revealed a 1.74% increase in assets held by FCMs from April's $524,757,888 to $533,886,026 for May 2017. This is also $10 million more in assets from March’s $523,750,637. If the trend…
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Phillip Futures, member of the PhillipCapital Group based in Singapore, has started to offer the MetaTrader 5 platform to their clients, MetaQuotes anounced earlier today. This makes the futures and forex broker the first in Singapore to adopt the new-generation multi-asset trading platform. The key feature of MetaTrader 5, other than its multi-asset capability, is…
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A week ago retail Forex broker Alpari Limited announced that from June 27 2017, for ecn.mt4, pro.ecn.mt4 and ecn.mt5 accounts, trading on several instruments will be limited to “Close Only” (positions can only be closed) mode. These instruments have all been restored to full trading functionality. The following instruments are once again available for trading…
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LeapRate Exclusive... LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional £12 million (USD $15.5 million), to help fund the company's continued growth push in both the Retail and Institutional FX sectors. The current fundraising, injected into the company by controlling shareholder Kasim Garipoglu…
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Continuing a fairly flat month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $252.0 billion in June, slightly below $253.1 billion last month. Both May and June volumes showed a nice increase over…
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Continuing a trend we've been seeing lately, of leading retail forex brokers aligning themselves with 'brand ambassador' sports personalities, CySEC regulated FXTM has announced that it will become an official sponsor of Dominika Cibulkova, one of the top players on the women's tennis tour and a Top 10 ranked WTA player. (Ms. Cibulkova, from Slovakia,…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has issued a Half Year Trading Update, indicating that its business did very well in the just-completed second quarter of the year. Without giving specific numbers, which will be delivered in early August, Plus500 stated that the business has continued to trade very strongly, with both revenues and…
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LeapRate Exclusive... Further to our exclusive report earlier in the week that longtime CMC Markets Plc (LON:CMCX) shareholder, New York based investment bank Goldman Sachs Group Inc (NYSE:GS), had decided to sell down its stake in CMC Markets, LeapRate has learned that Goldman has indeed continued to sell, now down to below the 3% reporting threshold…
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FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 22,000 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 28 June 2017 at a price of 548.68 pence per…
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