The following article was written by Etana Custody. Being the larger financial market in the world and the ability to make a profit from positive and negative global events, makes the Forex Market a great and exciting place to be - high liquidity and profit potential that surpass those of other market segments. But being…
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Trade aggregation will extend to offshore Chinese renminbi (CNH), Russian ruble (RUB), Turkish lira (TRY) and Polish zloty (PLN) CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, and NEX Optimisation, a NEX Group (LON:NXG) business which helps clients reduce complexity and optimise resources across the transaction…
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Rebalancer enables dynamic allocation of credit across ECNs NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, announced today that it has launched an automated credit rebalancing tool that specifically addresses limit over-allocation by prime brokers. Rebalancer went live across five major ECNs on 2 July 2017, with further platforms…
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NEX Group PLC (LON:NXG) announced that its Swap Execution Facility (SEF), NEX SEF Limited, went live on 3 July 2017. NEX SEF received approval from the Commodity Futures Trading Commission (CFTC) in April 2017 and is also authorised and regulated with the Financial Conduct Authority (FCA). Registration with the CFTC and the FCA will allow…
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Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business metrics of its subsidiaries in June 2017. Global DARTs (DARTs stand for Daily Average Revenue Trades meaning the number of trades and transactions per day which generate revenue) were up one percent from May to 271,648 for…
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Multibank FX aggregation service FXSpotStream has reported that volumes on its ADV kept on rising in June, this time with whole 16.4% MoM, having supported US$20,310 billion ADV in June - the highest ADV in any month in 2017 and highest ADV since November 2016. FXSpotStream's double digit MoM ADV increase compares favorably to other venues…
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Just one day after NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit has launched the FX industry’s first fully automated Settlement Netting Service, the company released its electronic markets volumes for the month of June 2017. US Treasury was $166.1 bln, 2% down MoM. US Repo was $226.5 bln, up 13% YoY…
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INTL FCStone Inc. (NASDAQ: INTL) announced the merger of its wholly owned subsidiary, Sterne, Agee & Leach, Inc. with and into its wholly owned subsidiary, INTL FCStone Financial Inc. (the Company). The merger further consolidates INTL FCStone's regulated entities, and is expected to result in operational efficiencies at INTL FCStone Financial Inc. and to enable…
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Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional ‘Calendar spreads’ on the Exchange’s Gold Futures and G6 Currency contracts. The currency segment continued their upward trajectory in…
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NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has launched the FX industry’s first fully automated Settlement Netting Service to streamline the bilateral settlement netting process for market participants. The Settlement Netting Service will automate settlement netting of over-the-counter foreign…
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