CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has published its operating metrics for the month of February 2019. The average daily traded volume submitted to CLS was USD1.73 trillion, down 3.3 percent from USD1.78 trillion in January 2019. Average daily traded volume submitted to CLS…
Read more
AlgoTrader AG, a global provider of algorithmic trading systems, recently reported that its year over year revenue had grown by 170% in the first year following its seed financing round, which happened in early 2018. The firm also announced the hiring of Jakob Bosshard who has extensive experience as an executive in the financial services…
Read more
LiquidityEdge, an electronic network for trading US Treasuries (UST), released its trading volumes data for February 2019, which set several record highs. Users of the platform traded more than USD 31 billion (single count) on 28 February 2019 through both off-the-runs and on-the-runs. The platform also set a new weekly record in February when USD…
Read more
FCA regulated FX and CFDs broker ActivTrades has added Michael Lippa to its team as its new Chief Commercial Officer. Lippa, 56, will complement the management structure of the owner-led organisation. He will be responsible for the expansion of the European operations. Previous to this appointment Lippa was heading the German operations of Brokerhouse IG…
Read more
Global derivatives trading firm enhances trading infrastructure with the launch of ThinkZero, specialist solution for algorithmic and automated financial traders Forex, CFDs and cryptocurrency derivatives trading broker ThinkMarkets has just announced the launch of its new offering that caters to the needs of algorithmic and automated traders. ThinkMarkets has recently extended its CFD product offering…
Read more
Trading solutions provider Spotware has announced that cTrader Desktop 3.5 Beta has been released showcasing a new look that very much resembles and shares the benefits of cTrader Web. Commenting on the launch, Panagiotis Charalampous, Head of Community Management at Spotware, stated: Our goal is to provide traders with the same user experience on all…
Read more
INTL FCStone Inc. (NASDAQ: INTL) revealed that the expansion of its FXePrice platform, by its UK subsidiary, has attracted 52 users working for 17 institutions who trade 12 unique exotic currencies pairs for 24 hours each day. The FXePrice system enables banks to send their FX rates directly to the company’s Global Payments Division’s (IFL),…
Read more
The UK’s Financial Conduct Authority (FCA) announced the appointment of Richard Lloyd to its Board of Directors as a non-executive Director. Richard Lloyd is one of the founding trustees of the Money and Mental Health Policy Institute and is the current Chair of the consumer complaint resolution entity known as Resolver. He will serve a…
Read more
Busy week for TradingScreen Inc. (TS) as it just informed that it would be expanding its development and technology operations to Montréal as “TradingScreen Electronic Financial Solutions Inc.” (TS Canada). Just yesterday, the multi-asset class order and execution management system (OEMS) announced the release of QUO, a cloud-based platform for managing investments that is being…
Read more
Breaking News... Forex brokerage solutions provider MahiFX has recently notified that its retail FX operations, along with the licenses attached to them, are now on the market. Appears that the company has already got a buyer in the face of the Forex broker FXDD. FXDD's name can already be seen in the official FCA register,…
Read more