FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the month of July 2019. OTC Trading Volume was $135.8b last month - a slight drop with 1.4% from June's $137.7b, but a significant plunge with 25.5% YoY. OTC Average Daily Volume dropped with 14.5%…
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RoboMarkets (RoboForex group) has just announced that it has received a license that allows providing services on Forex and CFD markets from Malaysia. RoboMarkets Asia Ltd has received the Malaysian license (license No. MB/19/0034) from the Labuan FSA and opened a regional headquarters in Labuan. The company has also opened a marketing office located in…
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Global commodities broker, Marex Spectron, has announced that the IBP/NBP locational spread has traded on its broker screen for the first time. Bord Gáis Energy was the first company to trade the spread by transacting at the IBP and NBP simultaneously; a second spread trade was then completed shortly after the first. Martin Regan, Marex…
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Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) reported net revenues of CHF 112.2 million for the first half of 2019, equaling the high figure posted in the same period of the previous year. Pre-tax profit of CHF 25.1 million was lower YoY. On the strength of a net new money inflow of CHF…
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Retail forex broker FXCM (NYSE:FXCM) released its execution data for June 2019. The highlights can be seen below. June 2019 all instruments highlights include: 66.6% of orders executed at price 22.0% of orders executed with positive slippage 11.3% of orders executed with negative slippage Average execution speed 33 milliseconds Highlighted Instruments June 2019: More recent…
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The international broker LegacyFX has just started offering MetaTrader 5 to its traders. The broker's clients will now be able to trade over 200 financial instruments using the desktop and mobile platforms. LegacyFX has been providing brokerage services since 2017. The MiFID-compliant broker is regulated by CySEC and the National Bank of the Republic of…
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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the second quarter of 2019. Key Financial Results for the Second Quarter 2019 include: GAAP net income of $0.9 million, or earnings of $0.02 per share GAAP net revenue of $75.5 million Adjusted net income…
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Estonia based Retail FX brokerage group Admiral Markets announced earlier this week that it has extended its offering with new futures CFDs that have been made available on the Admiral.MT5 account. New instruments include some of the new index CFDs that have been previously unavailable, such as the Canada 60 and South Africa 40. The…
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UK online trading leader IG Group Holdings plc (LON:IGG) has today released its results for the twelve months ended 31 May 2019 (FY19). Even though IG's expectations were that its revenue in FY19 will be lower than in FY18, reflecting the impact of the ESMA measures, the broker announced that it has successfully navigated the regulator's measures which…
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Global retail and institutional FX & CFDs trading provider, Credit Financier Invest-CFI, has been quite busy these days. The broker recently expanded its product offering by launching CFDs on Equities on their advanced MT4 and MT5 platforms. CFI announced today that it has added FXCubic to its technology providers. FXCubic is a London based fintech…
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