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.…
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Breaking news... Prime of Prime and liquidity provider, IS Prime has released new proprietary failover technology where clients can now simultaneously connect to IS Prime’s fully independent matching engines in New York and London. Through a single margin deposit IS Prime can, in the case of a disconnection or other DR event, automatically failover to…
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CLS, a financial market infrastructure delivering settlement, processing and data solutions, has just announced that European Central Bank (ECB) Director General Marc Bayle de Jessé has joined CLS as its new CEO. Prior to CLS, he was responsible for defining and steering the implementation of policies in market infrastructure and payments at the ECB -…
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The brokerage company FxPro has announced that it has extended its partnership with the Racing Team McLaren F1TM. The FxPro branding will now be added to the front wing and cockpit of the car at the Australian Grand Prix 2020. Zak Brown, Chief Executive Officer, McLaren Racing, commented: We are pleased to be announcing an extension to…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 2, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: eToro Believes Facebook Needs to Change Libra Tactics: eToroX, the blockchain development arm of eToro, published a position paper…
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The following article was submitted by Michael Stark, market analyst at Exness. Asian markets started the week on a fairly positive note as Chinese factories posted three-year record growth in November. Caixin manufacturing PMI came in at 51.8 in the early morning today, beating both the previous release and the consensus. Meanwhile data from Turkey was also…
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Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has announced earlier today that it has enhanced its high-speed network performance. The company has teamed up with Hong Kong Exchanges and Clearing Limited’s (HKEX) and joined its ecosystem of network service providers to offer the market’s lowest latency route between…
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Morgan Stanley’s forex trading department has run afoul of its forex control procedures. Although the global bank has failed to publicly acknowledge the problem, inside sources have spread the work that four FX traders have been suspended until further notice, due to their concerted effort to conceal anywhere from $100 to $140 million in forex…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 2, 2019. This is not a trading advice. See details below: FOREX The Euro is gaining 0.10% to the Yen, as the markets opened this Monday in a clear risk-on mood. The Single currency has been something of a canary…
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Online gaming and financial trading giant Playtech PLC (LON:PTEC) has released a trading update last Friday, warning its full-year earnings will not meet analysts’ expectations. The company added that it may try to sell its underperforming spread-betting unit. According to Playtech’s latest update, the company is reviewing options for its Casual and Social Gaming business including a…
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