FXCM offers trading services in Hong Kong, the UK, the US, Australia, and large parts of Europe. The expansion of the company’s offering allows its clients to trade on an extensive number of listed firms around the world hefty commission and data subscription fees charged by the majority of trading providers. Brendan Callan, CEO of…
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FXSpotStream Co-Founder and CEO Alan Schwarz said: We have grown tremendously since our launch in 2011 becoming the 3rd largest FX Service by volume with an ADV this year at USD48.5billion. At the same time, we have placed great importance on the speed and quality of our market data distribution. Our aim is to provide…
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What will you bring from your previous roles to your new position at Invast Global? Charl de Vleeschauwer said: I have had the privilege in my career to work with some of the finest Financial Market Professionals in the Banking world, and I am excited to bring my experience and passion for Electronic Trading Solutions…
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Leveraged gross client income for H1 FY2022 is anticipated to be around £127 million, compared to £174 million the previous year. Meanwhile, leveraged net trading revenue for the period is expected to be approximately £100 million — half of the £200 million figure previously reported. However, non-leveraged trading revenue is expected to fall to £24…
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In September, PrimeXM's total number of trades was 30.37 million, a 12% MoM improvement compared to August’s 27.15 million trades. During September, the most traded instrument was XAUUSD (Gold), with $287.4 billion in notional value, representing around 23% of the overall monthly volume. The US30 index rose 3 places and displaced EURUSD as the 2nd…
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Ending client equity for September was $353.8 billion, 52% higher than the same period in 2020, but down 3% compared to August. Interactive Brokers also reported ending client margin loan balances of $50.2 billion, a significant 67% increase on the year prior and a 1% rise on the month before. In a statement, Interactive brokers…
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Besides the new logo, the company also launched an updated website with a new navigation system for the solutions’ portfolio and elaborated abilities of its knowledge base. Among other features, users can now find a “Company” tab, which clearly presents the company's values and team. Earlier in August, Brokeree Solutions released a new Ratings Module…
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CEO Vlad Tenev said this in August: We've been aggressively hiring technology-related headcount, however over time we count on to see this line merchandise lower as a proportion of income. Robinhood's engineering jobs are all in the US, mostly based in Menlo Park, California, but the company has noted that some engineers work remotely. A…
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Jonathan Brewer, Commercial Director of ISAM Capital Markets and Managing Partner at IS Prime said: Having our own proprietary pricing engine for indices and commodities means we can leverage our knowledge of brokers’ requirements to provide a product which is forensically tailored to their needs. This price feed is a true institutional grade offering and…
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The Group also reported a 4% YoY rise FX forward and 2% YoY increase in FX swap with $79 billion and $1.2 trillion for August 2021, respectively. FX spot volumes were down 5% on yearly basis, accounting for $0.36 trillion. On monthly basis, FX forward was down 5.9%, FX swaps by 0.6% and FX spot…
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