It was a great year for GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), although it was a fairly slow December. GTX has reported that trading volumes during the month of December were down 23% MoM to $247 billion versus $321 in November. On an average daily volume basis, December…
Read more
Although we haven't yet turned the calendar page from December and the New Year's Day bubbly is still on ice, FX sector trading is already done for the year. And so, we're pleased to present an early LeapRate peek into trading volumes for the last month of of 2017. Leading off our reports of FX…
Read more
The China Securities Regulatory Commission (CSRC) and the Hong Kong Securities and Futures Commission (SFC) jointly announced today that they have entered into a Memorandum of Understanding on Supervisory and Enforcement Cooperation on Matters concerning Futures (MoU). The MoU facilitates regulatory and enforcement cooperation in the Mainland and Hong Kong futures markets, and enhances supervisory…
Read more
Cboe Global Markets, Inc. (Nasdaq: CBOE) announced changes in the membership of the boards of its six U.S. securities exchanges: Cboe BZX Exchange, Cboe BYX Exchange, Cboe EDGA Exchange, Cboe EDGX Exchange, Cboe Options Exchange and Cboe C2 Options Exchange. As a result of the changes, Cboe’s six U.S. securities exchanges will have the same…
Read more
Shares of global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) are soaring by more than 25% today after a bullish report issued by a lightly read 'special situations' analyst named Richard Pearson seems to have lit a spark among investors. Not surprisingly, the spark is cryptocurrency trading. GAIN Capital, parent company of the global…
Read more
The Moscow Exchange Supervisory Board announced that it has approved 25 new members of the Exchange Council. The new Council is comprised of senior executives from Moscow Exchange (MOEX)'s largest market participants by volume traded, as well as heads of industry self-regulatory organisations, asset management companies, investment banks and the Bank of Russia. The newly…
Read more
China Xiniya Fashion Limited (NYSE: XNY), announced today that it has received approval from NYSE American LLC to list its American Depositary Share (ADS) on the NYSE American. The approval for the listing application was received on December 27, 2017. The Company expects that its ADS will begin trading on the NYSE American on December…
Read more
International ECN broker InstaForex and the Dragon Racing Team just announced an extension to their sponsorship contract for season 4 of the all-electric car FIA Formula E Championship. The partnership began in 2015 when the InstaForex logo was placed on the Dragon Racing car at the first Formula E race in Moscow. The successful partnership…
Read more
Limassol, Cyprus based Retail FX broker RoboForex has announced that it is rebranding under the new name RoboMarkets. Alongside the brand name change, the company has changed its corporate name from RoboForex (CY) Ltd to Robomarkets Ltd, which is now the official holder of the company's CySEC CIF license. The group also operates offshore Retail FX…
Read more
Cheetah Mobile Inc. (NYSE: CMCM), a mobile Internet company, today announced that its Board of Directors has appointed each of Mr. Michael Jinbo Yao and Mr. Michael Lingye Zuo as an independent director, effective December 28, 2017. Mr. Michael Jinbo Yao will also join the corporate governance and nominating committee of the Board, effective the…
Read more