Multibank FX aggregation service FXSpotStream has released its volumes report for the month of November. After November, the company's ADV for all of 2019 is USD36.435billion - up 23% vs the ADV for the same period in 2018 of USD29.570 billion. ADV decreased slightly 7.21% MoM to USD USD30.957 billion. November’s ADV dropped 12.91% YoY.…
Read more
The retail forex trading industry has come a long way over the past two decades. One of the pioneering firms that has observed the evolution first hand, participated in it, and influenced it was Forex Capital Markets, known more familiarly as FXCM. The brokerage has endured both good and bad times, had to exit the…
Read more
UK online trading leader IG Group Holdings plc (LON:IGG) is barely into its new fiscal year, and it is already making major shifts in its U.S. executive suite, as it rolls out its new strategy for leveraging its hard-won re-entry into the U.S. marketplace. The London-based giant in the spreadbetting and CFD trading arena, had once been…
Read more
Cambodia-based derivative broker B.I.C. Markets has announced that it is the first company to launch the multi-asset trading platform in the country. B.I.C. Markets's launch of MetaTrader 5 shows a rapid development of the Cambodian marketplace as a financial hub, being regulated by the SECC. Furthermore, the B.I.C Markets team believes that MetaTrader 5 will…
Read more
Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) announced that it has expanded its Swiss DOTS OTC trading platform. As an additional issuer of leveraged products in Switzerland, BNP Paribas will join the group of partners on Swiss DOTS and will add approximately 10,000 leveraged products, including warrants, knock-out warrants, factor certificates and mini futures. This…
Read more
The global provider of online trading services GAIN Capital Holdings, Inc. (NYSE: GCAP) has announced its operating metrics for the month of October 2019. OTC Trading Volume for the retail segment was up 13.5% MoM last month to USD171.9b, however dropped 25.6% YoY. OTC Average Daily Volume for the retail segment rose 4.2% MoM, yet…
Read more
Advanced Markets Group, the institutional multi-asset liquidity and true prime-of-prime service provider, has just announced that it has added Single Stock CFDs to its expansive suite of tradeable products. Advanced Markets Single Stock CFDs are offered in regulated environments (FCA UK and ASIC Australia) with the full benefits of equity trading such as dividend distribution…
Read more
LegacyFX BY, the Belarus branch of A.N All New Investment Ltd, has announced that it has joined the Financial Market Development Association (ARFIN). ARFIN is a non-commercial union of organizations based in the Republic of Belarus. It was founded in 2013 in order to unite companies that operate on the OTC (over the counter) Forex…
Read more
GMO-Z.com Trade UK Limited, FCA-regulated and an affiliated company of retail forex provider GMO CLICK Securities Inc, has just announced that it has launched a new institutional prime-of-prime service. The new service will be offered under a new brand – Z.com Global Markets. To date, the company had been offering its services primarily to retail…
Read more
Breaking news... FCA regulated Prime of Prime broker IS Prime has reported continued growth, with a 60% increase in turnover y/e 31 March 2019. Reported figures from the London-headquartered broker show a rise from £17.2m y/e 2018 to £27.6m y/e 2019. Net profit for the financial year has increased by 11.5%, rising from £4.6m to…
Read more