GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that April trading volumes in its system decreased slightly from March's record levels. GTX saw total trading volumes of $280.7 billion in April, or $14.0 billion ADV, versus a record $339.0 billion total and $14.7 billion ADV in March.
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Multibank FX aggregation service FXSpotStream has reported that volumes on its system were down 9% MoM in April. Average daily volume at FXSpotStream came in at $17.1 billion in April – versus $18.8 billion in March, $18.7 billion in February and $18.9 billion in January - making April the slowest month to date in 2017 at…
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It was announced today from Tokyo Financial Exchange, that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,247,872 (-16.7% MoM / -28.9% YoY) and its average daily trading volume was 112,394. The biggest downturn occurred in EUR/USD with the pair stuck in tight ranges in recent months. See the table…
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Multicurrency cash settlement system operator CLS has a unique overarching view of the Forex market, and has put out an interesting review of US President Donald Trump's first 100 days in office (a milestone which passed quietly this weekend) and the effect the new administration has had on the currency markets. The report covers the…
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LCH Ltd, a global clearing house, announced today that it has established deposit and intraday liquidity facilities with Norges Bank, the central bank of Norway. LCH is now settling its Norwegian Krone payments via the central bank. As part of the account opening process, LCH has become a direct member of NBO, the payments system…
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As demand accelerates for its financial data and research valuation platforms, Visible Alpha announced two senior sales and relationship management hires to support the company’s expanding client base. Rapid growth in clients and platform contributors has been driven by the acquisition of ONEaccess, partnerships with other solution providers, and new product launches, such as the…
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New solution offering enterprise-level risk insights; goals-based risk framework shared at 2017 investment conference Morningstar, Inc. (NASDAQ: MORN), a provider of independent investment research, shared unique risk-related insights at the company's 29th annual investment conference for financial advisors, offering multiple angles from which to view and assess risk. The conference's Innovation Lab will feature interactive…
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Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has appointed Deborah A. Bussière as Global Chief Marketing Officer, effective May 8. In this role, Bussière will be responsible for directing Broadridge’s global marketing functions, including execution of the company’s brand strategy, product marketing efforts, corporate communications, and digital and social media marketing. She will…
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LeapRate has learned via regulatory filings made in the UK and France that international derivatives broker and FX market maker Sucden Financial Limited reported so-so results for 2016. On the top line, Revenues rose by 7% to £46.5 million, although still well below where Revenues were in 2013 and 2014 at Sucden. On the bottom…
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FX trading affiliate Investoo Group just announced that has acquired Invezz.com in order to extend its reach into the financial trading industry. Founded in 2012, Invezz is a financial news site and peer review marketplace for CFDs, Forex, Shares and more. The site has more than 200,000 unique visitors per month. The news comes only 1…
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