GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that June trading volumes in its system decreased from May, on both a total and average daily trading volume basis. GTX saw total trading volumes of $270.1 billion in June, or $12.3 billion ADV, versus $306.5 billion total /…
Read more
Beginning our peek into June 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that June trading volumes decreased slightly by just under 1% MoM from May, clocking in at $27.9 billion average daily volume for the month. Activity did seem to be stronger in the second half of…
Read more
Leading off our reports of FX trading volumes for June by leading Retail and Institutional eFX platforms, Forex ECN FastMatch data shows a 12% drop in activity from May volumes. FX trading volumes averaged $19.7 billion daily at FastMatch in June, down from a record $22.5 billion in May. FastMatch's figures portend a fairly slow…
Read more
LeapRate Exclusive... Further to our exclusive report earlier in the week that longtime CMC Markets Plc (LON:CMCX) shareholder, New York based investment bank Goldman Sachs Group Inc (NYSE:GS), had decided to sell down its stake in CMC Markets, LeapRate has learned that Goldman has indeed continued to sell, now down to below the 3% reporting threshold…
Read more
LeapRate Exclusive... LeapRate has learned that Abu Dhabi based international financial services firm ADS Securities has made some more changes to its institutional FX organization. Lousia Kwok, who joined ADS Securities from Paribas just over a year ago to act as Head of Prime Brokerage Sales and Product has left the company. Her role has been…
Read more
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services has selected ChartIQ to standardize its HTML5 charting technology across FactSet’s web, desktop, and mobile platforms. This updated HTML5 toolkit will enhance FactSet users’ ability to work with, manipulate and manage their data, effortlessly build reports, and combine commercial data with their…
Read more
FCA regulated Forex and CFD broker Plus500 Ltd (LON:PLUS) has indicated that in accordance with the terms of its Share Buyback Programme announced on 2 June 2017, the Company acquired 22,000 ordinary shares of ILS 0.01 each in the capital of the Company ("Shares") on 28 June 2017 at a price of 548.68 pence per…
Read more
Multi-asset brokerage Blackwell Global announced today a partnership deal with Everton Football Club. With aims to increase its global footprint, this is its first sporting sponsorship, as well as the Club’s first Official Forex and Brokerage Partner. This move is meant to increase Blackwell’s profile in the UK, after the company received its FCA license…
Read more
Mainstream and industry press have written widely on the gradual withdrawal of banks - the traditional primary liquidity providers - from the spot FX markets over the past few years. The typical narrative is that reduced appetite for risk, controls on capital at banks, as well as juniorization of dealer staff have all contributed to…
Read more
MetaQuotes just announced that has launched another tool, which can be used to extend website functionality. In addition to the web platform, the Forex trading platform developer offers a free Economic Calendar that can be added to any website. The web platform allows traders to perform technical analysis and trading operations on different markets, including…
Read more