Category: Forex

October 27, 2017 BY Valentina Kirilova

FINRA EVP of Regulatory Operations Susan Axelrod announces departure

The Financial Industry Regulatory Authority (FINRA) announced today that Susan F. Axelrod will leave FINRA for other opportunities in the private sector after 28 years of service at the organization and its predecessor, NYSE Regulation. Axelrod has served as FINRA’s Executive Vice President for Regulatory Operations since 2013, where she has been responsible for leading…

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October 27, 2017 BY Valentina Kirilova

Credit Suisse launches Artificial Intelligence Sentiment Index using RavenPack AI algorithms

Credit Suisse announced today the launch of the Credit Suisse RavenPack Artificial Intelligence Sentiment (AIS) Index, a result of its collaboration with RavenPack to create quantitative investment strategies from news analyses leveraging RavenPack’s artificial intelligence algorithms. The AIS Index tracks the notional performance of an algorithmic US large-cap sector-rotation strategy, harnessing the power of big…

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Gaitame Japan forex website
October 27, 2017 BY LeapRate Staff

Gaitame.com Japan retail FX revenues down 20% in Q3, parent Tradition up 2.5%

Swiss interdealer broker Compagnie Financière Tradition SA (SWX:CFT) has reported preliminary summary results for Q3 2017, indicating continued weakness in its Japan Retail FX business, Gaitame.com. Overall, in the third quarter, consolidated revenue at Tradition was CHF 189.4 million (USD $190 million), compared with CHF 187.5 million in the same period in 2016, representing an…

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Gain Capital forex.com
October 27, 2017 BY Valentina Kirilova

GAIN Capital Q3 Revenues up 13% YoY

GAIN Capital Holdings, Inc. (NYSE: GCAP), the global provider of online trading services, and its Forex.com retail forex unit announced financial results for the third quarter of 2017, indicating that: Net revenue increased 13% year-over-year to $81.3 million GAAP net loss of $2.6 million, or $0.04 per share; adjusted net income of $2.1 million, or $0.05…

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October 27, 2017 BY Valentina Kirilova

Carsten Kengeter steps down as CEO of Deutsche Börse

Carsten Kengeter has informed the Supervisory Board of Deutsche Börse AG (DBAG) that he would like to step down as Chief Executive Officer of DBAG effective 31 December 2017 in order to allow the company to focus on business, clients and growth, and to avoid further burdens caused by the ongoing investigation. Carsten Kengeter said:…

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Swissquote Malta 5 year anniversary
October 26, 2017 BY LeapRate Staff

Swissquote Malta to add Pension Custodial services as it celebrates five years in the EU country

Gland, Switzerland based online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced plans to expand its regulated operation in Malta, as it held an event to celebrate five years as a licensed entity on the EU island country. Since its incorporation in October 2012, Swissquote Financial Services (Malta) Ltd has developed into…

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October 26, 2017 BY Valentina Kirilova

Thomson Reuters enables greater analysis of liquidity for equities traders with Intraday Liquidity Tool

Thomson Reuters (NYSE:TRI) has introduced Intraday Market Share Reporter (iMSR), a solution designed to enable traders to quickly find and analyze liquidity by individual stocks across multiple venues. With an intraday view of market flows, iMSR helps improve trading capabilities and analysis by providing fuller transparency of market trends and the ability to assist in…

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October 26, 2017 BY Valentina Kirilova

Cinnober Group introduces new real-time solution Minium

Established as a new subsidiary within the Cinnober Group during the end of last year, Minium will provide real-time post-trade technology and services to international investment banks. The development is proceeding according to plan with the ambition that Minium's solutions, which reach the market in 2018, will modernize and streamline the operation of so-called client…

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