Right after announcing that it has completed the acquisition of NEX Group plc (LON:NXG), derivatives marketplace CME Group Inc. (Nasdaq: CME) has informed that it has reached average daily volume (ADV) of 20.6 million contracts per day during October 2018, up 38 percent from October 2017. Open interest at the end of October was 128…
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CME Group Inc. (Nasdaq: CME) has just announced that it has completed its acquisition of NEX Group plc (LON:NXG). The combined company will enable clients worldwide to trade futures, cash and over-the-counter (OTC) markets, optimize portfolios and analyze data to efficiently manage risk and capture opportunities. CME Group will retire the NEX name and brand…
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LeapRate Exclusive... LeapRate has learned that experienced FX industry marketing executive Vincenzo Roselli has joined Markets.com as the company's new Head of Business. Vincenzo Roselli is joining Markets.com, the retail FX arm of Playtech PLC (LON:PTEC), from FX and crypto affiliate group Investoo.com, where he had spent just over a year in charge of growing Investoo’s relationships with…
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Quarterly filings for the end of Q3-2018 from investment company Jefferies Financial Group Inc (NYSE:JEF) – formerly known as Leucadia – indicate that the outstanding amount owed to Jefferies by Retail FX broker FXCM Group as at September 30, 2018 stood basically unchanged from at the end of Q2, at $70.6 million. Which, basically means that during…
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NEX Markets, a NEX Group (LON:NXG) business providing electronic trading technology solutions at the centre of the FX and fixed income global markets, has announced that BrokerTec Europe Limited has worked with Eurex Clearing, one of the largest global CCPs, to launch a new clearing solution for the European repo market. The new clearing solution…
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For the second month in a row, multibank FX aggregation service FXSpotStream has reported record figures indicating continued and rapid growth for the company. Both October total volumes of $824.6 billion and average October daily volumes of $35.9 billion set (by a wide margin!) new monthly records for FXSpotStream. Best previous results for the company…
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Following our exclusive report from the beginning of last month that London based spreadbetting and CFDs broker Capital Index had made an application to voluntarily give up its CySEC CIF license, CySEC had indeed issued a brief notice that Capital Index (Cyprus) Ltd has had its CIF license withdrawn. We had reported at the time…
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The Cloud-based service means asset managers and hedge funds can get faster access to data for new quant initiatives and spend more time testing strategies, optimizing portfolios and managing risk. Building on its commitment towards consumption of its financial data in the Cloud, Refinitiv, formerly the Financial and Risk business of Thomson Reuters (NYSE:TRI), has…
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Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has just announced that it has appointed FX specialist Anoushka Rayner as global head of sales and business development. Anoushka Rayner brings over 20 years of experience in the FX industry to Cobalt. She has held a number of…
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Retail Forex broker Alpari has announced that a new deposit method is now available on its website: Zcash. Alpari will not be charging a commission for these deposits, although there may be commission fees charged by the Zcash network. To make a payment, clients need to complete the form in myAlpari, log in, and confirm…
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