Category: Forex

drew niv fxcm
December 05, 2017 BY LeapRate Staff

FXCM co-founders Drew Niv and David Sakhai continue selling their Global Brokerage Inc shares

Regulatory filings made with US securities authorities indicate that two co-founders and original senior members of FXCM’s management team – Drew Niv (pictured above) and David Sakhai – have continued selling their remaining shares of Global Brokerage Inc (NASDAQ:GLBR), after recently converting their special “units” into regular Class A common shares of Global Brokerage. FXCM's founders, and several other members…

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December 04, 2017 BY Valentina Kirilova

FXCM Group launches new HTML5 Web Platform

Retail forex broker FXCM Group announced today the launch of the next generation HTML5 platform, Trading Station Web 2.0. FXCM’s flagship proprietary platform, Trading Station Desktop, has built a reputation in the industry as being one of the most robust trading platforms with a great charting package and superior execution. The new HTML5 web platform…

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cme group fx volumes
December 04, 2017 BY Valentina Kirilova

CME Group's November ADV - second highest in 2017

Derivatives marketplace CME Group (NASDAQ:CME) today announced that November 2017 average daily volume (ADV) reached 18 million contracts, down 14 percent from the record November 2016 average daily volume, but up 21 percent compared with October 2017 and representing the second highest monthly average daily volume to date in 2017. CME Group November 2017 options…

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NEX Group market volumes
December 04, 2017 BY Valentina Kirilova

NEX Group with mixed results in November volumes report

NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces markets volumes for the month of November 2017. Spot FX results have made quite a plunge with 23% YoY, but the numbers look steady looking at the MoM change. US Treasury's numbers are also down to 156.7 YoY with 27%.…

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Formax Prime website
December 04, 2017 BY LeapRate Staff

Exclusive: Formax Prime launches as new Forex ECN brokerage service

LeapRate Exclusive… LeapRate has learned that the FCA regulated arm of China based online brokerage group Formax Group has gone live with a new website and FX-ECN brokerage service under the moniker Formax Prime, at formaxprime.co.uk. Formax's former UK website formaxmarket.co.uk now also leads directly to the new site. We had exclusively reported during the summer…

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December 04, 2017 BY Valentina Kirilova

Barclays' Absa Bank Limited joins CLS as a new settlement member

CLS Group (CLS), a market infrastructure delivering settlement, processing and data solutions, today announced that Absa Bank Limited (Absa), the South African based bank owned by Barclays Africa Group (JSE:BGA), has joined as a settlement member. Absa joins 66 other leading banks in becoming a settlement member in CLSSettlement, the payment-versus-payment settlement service for the global foreign…

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OSC
December 04, 2017 BY Valentina Kirilova

OSC appoints Tim Moseley as Vice-Chair

Ontario Securities Commission (OSC) Chair Maureen Jensen has announced the appointment of Tim Moseley as a Vice-Chair of the OSC, effective November 29, 2017 for a two year term. Prior to his appointment, Tim served as an OSC Commissioner and as Chair of the Adjudicative Committee. Tim brings a unique set of skills to the…

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fxspotstream fx volume
December 04, 2017 BY LeapRate Staff

FXSpotStream November FX volumes at near record $22.1 billion ADV

Continuing a fairly mixed pattern of results we have seen from other leading institutional FX venues, multibank FX aggregation service FXSpotStream has announced that November trading volumes were very strong, in fact the company's third best ever month as far as trading activity goes. Average daily FX volumes in November were $22.1 billion, up 11%…

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