It’s official – Christine Lagarde, the current head of the IMF, has been nominated to replace the outgoing Mario Draghi as head of the ECB. Known as both a politician, as well as an economist, Ms. Lagarde will bring a much-needed breath of fresh air to the central banking affairs of the EU. Although Lagarde’s…
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The following article is courtesy of Match-Trade Technologies. How many times have you wondered which platform to choose - MetaTrader or cTrader? How do they differ, what are their strengths? Read the comparison below and contact Match-Trade's experts to learn which one will be best for your Forex brokerage business. cTrader and MetaTrader 4/5 are…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of June 2019. The average daily traded volume submitted to CLS was USD1.88 trillion, up 16.1 percent from USD1.62 trillion in May 2019. Average daily traded volume submitted to CLS…
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Spotex, a developer of FX technology systems and ECN operator, announced yesterday that it has launched new functionality that enables brokers to configure discrete liquidity pools for clients. The new hub capability runs on Spotex’s modular broker technology, which supports full, front-to-back office capabilities and low latency trade executions. Brokers, especially those offering pure agency…
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Multi-asset trading services and currency data and analytics company, OANDA just announced that industry expert Kurt vom Scheidt has joined the firm as Chief Product Officer, based in London. vom Scheidt has more than 30 years’ experience in the financial services sector, specialising in foreign exchange. Prior to OANDA, he has worked with several international…
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Forex and CFD brokerage MultiBank Group announced earlier that they have added Artur Filipowicz to their team as the Group’s new Head of Institutional Sales. Filipowicz has over 15 years of experience in the financial sector. Prior to MultiBank, he was the Head of Institutional Sales (Europe & APAC) for Dukascopy Bank and Senior Institutional…
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CySEC licensed financial services firm GBE brokers announced earlier today that it has started offering the MetaTrader5 platform to their clients. The company also operates the GBE Prime liquidity brand. The GBE CEO, Rifat Sayim, commented: We are delighted to offer the technically advanced MetaTrader 5 platform to our clients. It will offer traders with…
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Global forex CRM and back-office provider FX Back Office just announced that it has teamed up with the FinTech company Tradesocio. Tradesocio’s technology suite includes a full array of mirror trading, separately managed accounts, investment management and digital wealth advisory solutions alongside middle and back-office service stations. Boasting over 1 billion in assets managed via…
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Retail forex broker FXCM (NYSE:FXCM) today announced the introduction of foreign exchange baskets to its retail customers. A foreign exchange or forex basket is comprised of a mix of several currencies, each initially starting with the same equivalent value. Traders will be able to buy or sell a base currency, e.g. USD, against a basket…
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The Swiss based company AlgoTrader has announced yesterday that it has upgraded its trading platform to its newest 5.0 version. LeapRate reminds that 4.0 version was launched two years ago. The key enhancements and additions include: Order Execution Adapters Clients can now submit orders into AlgoTrader using a standard FIX protocol. Additional adapter related features:…
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