KCG Holdings, Inc. (NYSE: KCG) just released trade volumes for the month of January 2017. In Market Making, KCG averaged $28.1 billion dollar volume traded (5.24% higher than December 2016), 8.9 billion shares traded, and 3.5 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 223.9 million U.S. equity…
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Banking Circle Virtual IBAN eliminates the need for multiple bank accounts in multiple countries and currencies Saxo Payments, a subsidiary that Saxo Bank established in 2013, just announced that is launching Banking Circle Virtual IBAN. Delivering full transparency and faster settlement on payments and transfers, Banking Circle Virtual IBAN is a proposition, giving FX and Payments…
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Bats Global Markets, Inc. (Bats: BATS) reported January volume and highlights, which included average daily notional value of $29.6 billion traded on Hotspot, its global spot FX trading platform, the highest ADNV in 11 months. Additionally, average daily notional value traded on Hotspot’s London matching engine was $2.5 billion in January, equating to 8.5% of…
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Telecommunications company Colt Group S.A. (LSE: COLT) today announced that Andrew Housden has joined the company as VP of Capital Markets, reporting to Tom Regent, Colt’s Chief Commercial Officer. Housden will be responsible for growing Colt’s Capital Markets vertical, overseeing some of Colt’s largest accounts across Europe, Asia and North America. Colt works with 18…
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London-based online trading firm CMC Markets Plc (LON:CMCX) has announced the issuance of 28,861 shares, as part of the bonus offer to clients from its IPO last year. Last week marked one year since CMC Markets' IPO. In the IPO, an offer was made to retail clients who purchased shares in the offering, that they…
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Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has issued a statement warning investors that its full year 2016 results will show a significant decrease in net profit by over 50%, as compared to 2015. KVB already issued a profit warning for the third quarter of 2016, which saw a 20%…
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CySEC regulated forex broker FXCC has announced the introduction of an extra payment facility - Netbanx Asia from Paysafe Group Plc (LON: PAYS). In forging this new relationship the broker is opening up a gateway to allow easy use of service for FX traders from leading Asian countries such as China. Netbanx Asia is a…
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Does this portend a departure of Drew Niv from FXCM altogether?
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GTX, the institutional foreign exchange (FX) arm of Gain Capital Holdings Inc (NYSE:GCAP), and Ideal Prediction, an independent trading analytics and data science company, are offering clients FX data and advanced analytics to optimize their FX trading. The market data, tools, and services enable buy-side and sell-side market participants to optimize profitability and simulate strategies…
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LeapRate Exclusive... It isn't often that a large block of active retail forex traders (or IBs) come up for grabs. So when it happens, it shouldn't really come as a surprise that rival retail forex brokers do all they can to get a piece of that action. This is, after all, an industry more dependent…
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