Multibank FX aggregation service FXSpotStream has released its volumes report for the last month of 2019 and for the whole last year. ADV in December MoM (Dec vs Nov ’19) based on 22 days increased 0.43%. FXSpotStream’s ADV based on 21 days to compare the same trading time period to other FX venues would be…
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Belarus has its first FX prime broker in the face of B2Prime, which is part of B2Broker - a broker technology provider. The news comes from Forex Magnates Russia. B2Prime stands for Prime Brokerage Services Limited. The broker offers a wide range of prime brokerage services for its clients with more than 800 trading instruments…
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Global commodities broker Marex Spectron has just announced that it has acquired the company Marquee Oil Broking Limited, a specialist provider of physical fuel oil broking services. The acquisition includes the founder Adam Trehane, who set up the business in 2014, one director and two senior brokers. Marex Spectron energy has a share across multiple…
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Multi-asset prime broker Invast Global has just announced that it has expanded its suite of Index & Commodity CFDs by releasing two new Cash Oil CFDs: Brent Crude Oil (Cash) and WTI Crude Oil (Cash), as well as 6 new Equity Index CFDs: Japan 225 (USD settled), US 2000, Netherlands 25, Swiss 20, India 50…
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Saxo Bank has reported its worst monthly FX volume in almost 4 years. This time of year is particularly hard for brokers, and Saxo Bank proved no exception. Saxo Bank is a Danish investment bank that specializes in investment and online trading. During November, the multi-asset broker posted a month-on-month drop across the board for…
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FCA regulated online broker FXOpen's UK entity has just announced that it has launched MT5-based ECN trading accounts. FXOpen UK traders will now be able to choose between hedging and netting trading systems, as well as utilize the Economic Calendar and financial news for the fundamental analysis and quote dynamics forecasting trade using automated robots. Traders…
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2019 is slowly coming to a close, and before we know it, a New Year will have already begun. This is also the time when award committees begin to review their respective sectors of influence to designate the leaders of the pack, so to speak. It is also a time when independent companies conduct non-biased…
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UK online trading leader IG Group Holdings plc (LON:IGG) has issued its scheduled update on its revenue for the first half of its FY20 financial year (H1 FY20) ahead of entering its close period. Net trading revenue in H1 FY20 is expected to be around £250 million (prior year: £251 million). The prior year period benefitted from…
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Vantage FX, a global forex broker known for its ECN/STP service and wide array of CFD possibilities, is celebrating its ten-year anniversary by rebranding its entire website, its look and feel, and its product offerings. David Bily of Vantage FX told FX Empire that: The company’s rebrand and new tagline, “Trade your way” represents a…
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Retail forex broker and provider of FX and CFD trading, FXCM (NYSE: FXCM) have announced a series of new data products. FXCM have been primarily using their historic trading and execution data for internal purposes. However, the broker is now offering a suite of historic and real time data to suit different trading requirements. FXCM’s core market…
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