CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, today published its operating metrics for the month of January. The data shows a significant 15.6% spike in activity vs December, up 24% year on year. This demonstrates that, while we have seen an uptick in activity following the February…
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GAIN Capital Holdings, Inc. (NYSE: GCAP) has commented on recent market volatility while presenting at the Credit Suisse 19th Annual Financial Services Forum. Here's what Glenn Stevens, GAIN Capital's CEO, said at the Forum yesterday: It is encouraging to see active traders embrace recent market volatility, as uncertainty around the direction of the equities markets…
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INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone Financial Inc. ("the Company"), has entered into an agreement with offshore mutual fund distribution platform Allfunds Bank. The relationship further enhances the offerings of the Company's Correspondent Clearing Division, which is now the only U.S.-based clearing firm with access to the…
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Information giant Thomson Reuters (NYSE:TRI) just announced that it has hit a new record in FX trading volumes in January following the successful onboarding of its buy-side clients and liquidity providers onto its enhanced Multilateral Trading Facility (MTF), post-MiFID II implementation. Average daily volumes (ADV) across Thomson Reuters FX platforms totaled $432.1 billion in January 2018,…
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Online multi-asset trading services company OANDA has introduced a new pricing model for several key indices that enables clients to access spreads as low as 0.5 when they trade the Australia 200, UK 100, Germany 30, US NAS 100 and the US Wall St 30. Designed to reduce the cost of trading indices, the new…
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Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) has reported its busiest week ever with several new trading records across Cboe’s exchanges and products. From Monday, February 5, through Friday, February 9, 2018, a record weekly high of 48.29 million contracts traded on Cboe Options Exchange, making it the busiest week in the exchange’s…
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Dubai Financial Market (DFM) today announced that Al Ramz Capital has become the first member that receives a DFM accreditation to provide the Regulated Short Selling (RSS) Service to its client base. The DFM has launched the RSS Service recently as part of its efforts to provide market participants with new tools to further strengthen…
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His Highness Sheikh Hamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court, and His Excellency Edouard Philippe, the Prime Minister of the Republic of France, attended the event held by Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, to welcome international bank BNP Paribas Group in establishing its…
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The Dubai Financial Services Authority (DFSA) and the Central Bank of Oman signed a Memorandum of Understanding (MoU) to cooperate in the supervision and authorisation of firms operating in both markets. The MoU was signed in the Dubai International Financial Centre by Mr Bryan Stirewalt, Managing Director, Supervision of the DFSA, and His Excellency, Tahir…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today reported financial results for the fourth quarter and full year of 2017. Consolidated results for the fourth quarter and full year of 2017 include Bats Global Markets, Inc. (Bats), which was acquired by the company on February 28, 2017. 2017 was a transformational year for Cboe Global Markets.…
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