Forex ECN FastMatch has announced that it has opened a sales office in Greenwich, CT. The company stated that high-quality level of service is one of the differentiating features contributing to FastMatch’s growth and success. In order to maintain this level of service, it is important for FastMatch to be located near its major customers.…
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Cboe Global Markets, Inc. (NASDAQ: CBOE) today announced it has acquired the assets of Silexx Financial Systems, LLC, a Sarasota, Florida-based company that develops and operates an innovative multi-asset order and execution management system (OEMS) that caters to institutional customers throughout the U.S. The acquisition is expected to provide Cboe customers with an additional channel…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces markets volumes for the month of October 2017. The company released steady volumes report, except for Spot FX. The Spot FX's average daily volume was down 17% MoM to US$80.6 billion. US Treasury average daily volume was reported with no…
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Online gaming and financial trading systems provider Playtech PLC (LON:PTEC) has issued a Trading Update on its second half 2017 results, ahead of an event for investors and analysts being held in Riga, Latvia on November 14, 2017. (Playtech did state that no new material information will be disclosed at the event). Playtech stated that Tradetech…
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Continuing a pattern we have seen from other leading institutional FX venues, multibank FX aggregation service FXSpotStream has announced that October trading volumes were down versus the previous month, although still fairly strong when compared with the rest of 2017 to date. Average daily FX volumes in October were $19.9 billion, versus a record September…
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Euronext, the pan-European exchange in the Eurozone, announces the signing of the renewal of its agreement with LCH SA on the continued provision of derivatives and commodities clearing services for a period of 10 years. This follows the announcement of 8 August 2017. The new long-term agreement covers the clearing of financial and commodity derivatives…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced its exchange, Cboe Europe Equities (Cboe), formerly known as Bats Europe, had completed its operational preparations having successfully rolled out its final MiFID II exchange software release. Cboe Europe Equities is the largest stock exchange in Europe by value traded. The software release, deployed on Friday, 27…
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JPMorgan Chase & Co. (NYSE: JPM) has announced that it will redeem on December 1, 2017 all of the 125,750 outstanding shares of its 5.50% Non-Cumulative Preferred Stock, Series O (“Series O Preferred Stock”). The shares of Series O Preferred Stock are represented by 50,300,000 depositary shares which are currently traded on the New York…
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Leading off our reports of FX trading volumes for October by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 14% decline in activity from September, although September was a very strong month. FX trading volumes at FastMatch averaged $18.0 billion daily in October, as compared to $20.9 billion in September. But…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported a 10% decline in trading volumes during the month of October, after seeing near-record trading volumes during the months of August and September. The weaker volumes, although still strong on a historical basis, were driven by low currency volatility…
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