US independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has just established a new affiliate, R.J. O’Brien France S.A.S. The Paris office will open doors at the end of the month, pending regulatory approval. RJO Group has recently achieved record revenues and profits for 2018, according to RJO Chairman and Chief Executive Officer Gerald…
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CMC Markets Institutional just informed that it has appointed Ahmed Soliman as Senior Relationship Manager. He will be responsible both for new sales and ongoing relationship management in the Middle East. Ahmed Soliman has worked with a number of institutional liquidity providers across the Eastern Mediterranean and Middle East. He is proficient in both English and…
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DRIVE Markets, an institutional spot and derivatives exchange, just announced that it has teamed up with Gold-i. The newly formed partnership will allow brokers to connect High Frequency Trading (HFT) systems and access a growing order book. Just last week, DRIVE Markets launched its institutional crypto and fiat currency exchange, offering derivatives trading for Bitcoin,…
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Breaking News... Rumor has it that FCA regulated retail FX and CFDs broker GKFX Financial Services Limited continues to reshape is management team, this time hiring Mohsin Jameel as its new CEO. Mohsin Jameel is a serial entrepreneur, CEO of a FX and CFD’s Consulting Services company named Bull InfoTech. Mohsin Jameel has already been…
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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has just released its trading volumes for the shortest month of the year - February 2019. OTC Average Daily Volume dropped to $6.7b with 20% MoM. OTC Trading Volume was $134.4b in February, down 27% MoM and a 53% drop YoY. 3…
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Retail forex broker FXCM Group, LLC today released its monthly execution report for February 2019. Highlights for trading of all instruments in February 2019 67.1% of orders were executed at price (up 8% MoM) 22.7% of orders were executed with positive slippage 10.2% of orders were executed with negative slippage Average execution speed of 20…
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Boeing Co. (NYSE:BA)’s shares declined today and dragged futures on the Dow Jones Industrial Average lower. Ethiopian Airlines flight ET302 crashed on Sunday en route from Addis Ababa to Nairobi killing 157 people. Given the cause of the crash is still unknown, and this is the second such incident involving Boeing's new 737 Max 8…
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Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) announced that following the initial success of its cooperation with Nayax Ltd, on 17 January 2019 the two companies had agreed to extend their acquiring contract up to 2024. The extension of the acquiring agreement was governed by the following terms: Nayax’s founding stockholders agreed…
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XTX Markets recently appointed Serge Harry as Chairman of the Board of XTX Markets SAS, while Geoffrey Damien was named as Managing Director, Head of France. XTX Markets SAS is the newly created French subsidiary of XTX Markets. Serge Harry has worked for over 30 years in the financial services industry and was a senior…
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If you are waiting for Samsung or Apple to get with cryptocurrencies and incorporate crypto wallets within their various smartphone sets, you now have an alternative that will achieve the same thing. Opera, a browser software company, announced that it is now testing its Opera Touch browser with built-in crypto wallet in the iOS operating…
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