China Exchanges Services Company Limited (CESC), a joint venture (JV) of Hong Kong Exchanges and Clearing Limited (HKEX), Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) for the development of financial products and related services, announced Peng Zi from SZSE, has joined its Board with effect from today (2 January 2018). Mr Peng replaced…
Read more
CLS, a market infrastructure delivering settlement, processing and data solutions, announced that it has strengthened its product development and sales teams with the appointments of Angus Scott as Head of Product and Lisa Danino-Lewis as Head of Sales EMEA. Following a year in which CLS announced it is developing a broader range of forward-looking solutions,…
Read more
Euronext announced closing of the share swap of its current 2.3% stake in LCH Group for an 11.1% stake in LCH SA and becomes minority shareholder of LCH SA. This follows the announcements of 8 August 2017 and 1 November 2017. On 31 October 2017 Euronext entered into definitive agreements to swap its current 2.3%…
Read more
Completing a fairly strong year which included a change-of-control and a new brand name, institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – has reported data indicating a slight 7% MoM decline in December trading volumes, $31.7 billion ADV versus $33.9 billion daily in November. Not bad, considering that November 2017 was…
Read more
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