Continuing what has been a fairly strong June in the Retail FX space, forex broker FXCM Group LLC has announced that its trading volumes rose by 5% during June, to $223 billion. On a daily average basis, volumes were up 9% in June. The rise in volumes at FXCM, and its continued membership in the…
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Euronext announced the closing of the acquisition of a 60% stake in iBabs, a Dutch provider of dematerialised board portal solutions for corporates and public organisations, for a consideration of €30.1 million. iBabs, based in the Netherlands, provides an efficient and secured board portal solution to close to 1,000 companies and public organisations with more…
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GAIN Capital Holdings, Inc. (NYSE: GCAP) today reported certain operating metrics for the month of June 2017. OTC Trading Volume at GAIN's Forex.com Retail Segment was $241.8 billion - up 10.2% from May's $219.5 billion. This marks the second consecutive month of healthy, double digit percent volume increases at Forex.com, at a time when many…
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Abu Dhabi based international financial services firm ADS Securities has announced that Marco Baggioli has been appointed Chief Operating Officer (COO) for ADS Securities LLC. He is currently the firm's Executive Managing Director – Global Head of Brokerage, and in his new role will take on additional direct line responsibility for Operations, Legal & Compliance, Product…
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The following article was written by Etana Custody. Being the larger financial market in the world and the ability to make a profit from positive and negative global events, makes the Forex Market a great and exciting place to be - high liquidity and profit potential that surpass those of other market segments. But being…
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Trade aggregation will extend to offshore Chinese renminbi (CNH), Russian ruble (RUB), Turkish lira (TRY) and Polish zloty (PLN) CLS Group, a provider of risk mitigation and operational services for the global foreign exchange (FX) market, and NEX Optimisation, a NEX Group (LON:NXG) business which helps clients reduce complexity and optimise resources across the transaction…
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Consistent with what we've been seeing at other leading eFX trading venues for the month of June, Copenhagen based multi-asset broker Saxo Bank has reported that it saw an overall 4% MoM increase in trading volumes during June, including a 3% rise in FX trading volumes. FX volumes came in at $242 billion for June versus $235…
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U.S. Retail Forex Broker client assets held showed a MoM uptick from reporting data filed with the CFTC as of May 31st. The report revealed a 1.74% increase in assets held by FCMs from April's $524,757,888 to $533,886,026 for May 2017. This is also $10 million more in assets from March’s $523,750,637. If the trend…
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GMO Internet Inc. (TYO:9449) group company GMO Click Securities, a Japanese provider of online securities broking services has announced the launch of "GMO-FX DASH" to its Forex trading offering. GMO - FX DASH makes it easy to place trades from mobile charts to take advantage of speed orders, fast trends, and the latest news, etc.…
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The move into summer months did not seem to slow down the stream of Forex Industry News this past week, with all the top stories once again appearing exclusively (or first, before being copied elsewhere) at LeapRate. We exclusively reported on Turkey's ban on accounts and trading with foreign Forex brokers, on GKFX's second major…
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