After a very slow September, data from Forex ECN FastMatch indicates that October 2018 saw a modest 3% increase in trading activity, with FX trading volumes coming in at $19.2 billion ADV, versus $18.6 billion ADV the previous month. We'd note that September was the slowest month of 2018 for FastMatch, and volumes remain well below the…
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Data from institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – indicates that the company saw average daily volumes climb modestly for the third month in a row, although activity remains well below where it was in the first few months of the year. Cboe FX saw a 1.4% MoM increase in average…
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Brokeree Solutions, a high-grade technology provider for forex brokers, has announced the release of an addition to its portfolio of MT5 products - Trade Copier plugin. The company said that since 2013 it has developed over 50 bespoke solutions for MetaTrader 4 and 5 brokers, thus gaining trust within the industry as a reliable technology…
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MetaQuotes Software has just announced that it has released a free calendar of macroeconomic events for the fundamental market analysis. The service is available as a web version and mobile applications: Tradays for iOS Tradays for Android Therein you will find financial news and indicators relating to the 9 largest global economies: USA, European Union,…
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Advanced Markets, an institutional foreign exchange liquidity and prime-of-prime service provider, has just announced that it has launched Advanced Markets (UK) Limited (AM (UK)), an FCA-regulated company. The entity includes new trading servers in Equinix’s LD4 and LD5 data centers as well as a new London office headed by industry veteran Nina Baksh. The launch…
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The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) have affirmed their commitment to strengthen supervisory cooperation and enhance financial connectivity between the capital markets of both countries, at the 3rd MAS-CSRC Supervisory Roundtable held on 24 October 2018. The Roundtable was co-chaired by MAS’ Deputy Managing Director Mr Ong Chong…
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FCA regulated Prime of Prime brokerage Stater Global Markets has announced that FX industry veteran Ashraf Agha has been appointed as a Strategic Advisor to the company, bringing significant expertise in operations, compliance and Prime of Prime. Ashraf Agha has almost 30 years’ experience in the financial sector, with roles including Head of Treasury at…
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European financial regulatory body ESMA has come out with more details on its decision to extend its CFD leverage cap for a second three month period. The new ESMA rules governing leveraged CFD and Forex trading came into effect on August 1, with ESMA announcing at the end of September that it would renew the…
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LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy-and sell-side trading solutions, has just announced that Tremblant Capital, a global asset management firm, has selected the SaaS-based LBX Buy Side as its full POEMS (portfolio, order and execution management system), with the integrated LBX Connect as its FIX routing network. LBX Buy Side replaced an existing system…
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Derivatives marketplace CME Group (NASDAQ:CME) and NEX Group (LON:NXG) have announced they have received clearance from the UK Competition and Markets Authority for CME Group's proposed acquisition of NEX. Completion of the transaction remains subject to sanction by the UK Court. The parties have scheduled the court hearing for November 1, 2018 and expect the closing to…
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