Following a very strong month of August in which it reported record FX trading volumes of $343 billion, ASIC licensed IC Markets has indicated that it followed that up with $339 billion in September. Due to there being less trading days in September, IC Markets actually did set a monthly best in average daily volumes,…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that AJF Financial Services Ltd, a Cyprus based investment group which operates a number of Retail FX, CFD, and Binary Options trading websites, has renounced its CySEC CIF license and will no longer regulated on the island. AJF first received its CySEC CIF license (number 295/16) in February…
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At the end of last year we reported on the launch of Football INDEX, the first ‘tradeable market’ in football players developed by a group of entrepreneurs led by CEO Adam Cole alongside MT4 integration specialist Gold-i. Well the dream is now a reality, as Football INDEX is operational with clients 'trading' on the value of…
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Gatelab, the financial software company, part of London Stock Exchange Group, announced that has become an approved provider of risk gateway services for third party clients accessing the Bombay Stock Exchange (BSE). The solution enables users to send orders to the BSE currency derivatives segment in ultra low latency, if all the pre-trade risk checks…
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Global forex broker Gain Capital Holdings Inc (NYSE:GCAP), which operates the Forex.com retail and GTX institutional FX brands, has announced that Joseph A. Schenk, a current independent director of GAIN Capital, was appointed Chairman of the Board of Directors. Mr. Schenk replaces Peter Quick, who will resign as Chairman effective September 27, 2017. Mr. Quick will remain active…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that September 2017 average daily volume (ADV) reached 17 million contracts, up 13 percent compared with September 2016 and a rise of 6% MoM. CME Group September 2017 options volume averaged 3.6 million contracts per day, up 25 percent versus September 2016, with electronic options averaging…
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Potentially impacted U.S. consumers increased by 2.5 million Equifax Inc. (NYSE: EFX) announced today that the cybersecurity firm Mandiant has completed the forensic portion of its investigation of the cybersecurity incident disclosed on September 7 to finalize the consumers potentially impacted. I was advised Sunday that the analysis of the number of consumers potentially impacted…
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LeapRate Exclusive... LeapRate has learned that leading Australia based Retail FX broker Pepperstone has launched a new forex news, analysis and educational resources website called The FX Lounge, at thefxlounge.com. Quietly launched in the Spring, Pepperstone has spent the past few months building up content on the site, and is now actively promoting it both…
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Equiti Group, the parent company of prime brokerage provider Divisa Capital and retail arm Equiti Global Markets (Equiti.com) has appointed Nigel Holmes as Global Head of Human Resources. Nigel has an extensive 30 year international career in the financial services sector having worked in the major financial regions of Europe, Asia Pacific, the Americas and…
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Multi-asset execution and order management systems company FlexTrade Systems has today announced the successful execution of a large block trade from an actionable Indication of Interest (IOI) sent by Goldman Sachs (NYSE:GS) within the FlexTRADER EMS. The trade was completed using FlexIOI - a new, customisable feature of FlexTRADER which allows users to trade on…
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