NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announced today its trading statement for the third quarter ended 31 December 2017. Full year results for the year ended 31 March 2018 will be announced on 22 May 2018. Michael Spencer, Group Chief Executive Officer of NEX, said: Market volatility…
Read more
Geneva based Retail FX broker Dukascopy just announced that it has added new base currencies available for Dukascopy clients. Dukascopy Bank introduces Czech Koruna, Hungarian Forint, Israeli Shekel, Romanian Leu and Thai Baht as the new account base currencies for our clients. Now, Dukascopy clients can have their accounts denominated in 20+ base currencies as…
Read more
Overstock.com (NASDAQ: OSTK) announced the launch of a digitally driven investment platform, powered by tZERO Advisors, within the online retailer’s FinanceHub™. This service introduces robo-advising investment management services to our millions of customers and continues Overstock’s commitment to bridging Wall Street and e-commerce,” said Patrick M. Byrne, Overstock’s founder and CEO. Overstock currently delivers world-class…
Read more
Rebounding after a fairly weak Q4 with FX volumes declining for three consecutive months into December, data from Forex ECN FastMatch shows a nice rebound in January 2018, with one of the company's best ever months. FX trading volumes at FastMatch averaged $20.8 billion daily in January 2018, up 33% from $15.6 billion ADV in December, and…
Read more
It looks like the FX trading world has had a great start to 2018. Driven by increased volatility in key currency cross rates EURUSD and GBPUSD following weakness shown throughout the month by the US Dollar, institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – has reported its best ever month,…
Read more
Leading off our retail and institutional FX volume results reports for the first month of 2018, GTX - the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) - has reported that it saw record activity in January 2018. GTX ECN set an average daily volume record $13.9 billion, beating the previous $13.3…
Read more
Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…
Read more
LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…
Read more
Global forex broker Admiral Markets just announced the launch of new trading instruments on the MetaTrader 5 platform. 200 new CFDs on the stocks of the biggest companies in Germany, the US and the UK are now available for trading to those with an Admiral.MT5 account. Clients can find all details regarding the new instruments…
Read more
The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced the start of a new era of buyside participation in the cleared repo market as State Street Bank and Trust Company and funds managed by Capula Investment Management LLP, complete the first cleared sponsored repo transactions…
Read more