Multibank FX aggregation service FXSpotStream has reported that volumes on its ADV kept on rising in June, this time with whole 16.4% MoM, having supported US$20,310 billion ADV in June - the highest ADV in any month in 2017 and highest ADV since November 2016. FXSpotStream's double digit MoM ADV increase compares favorably to other venues…
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Continuing a fairly flat month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $252.0 billion in June, slightly below $253.1 billion last month. Both May and June volumes showed a nice increase over…
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Moscow Exchange just announced it will commit its innovative technologies business line and work with fintech start-ups to a new subsidiary company, MOEX Innovations. The Exchange plans to invest up to RUB 1.2 bln into innovation-focused companies and projects. Alexander Afanasiev, Moscow Exchange's CEO, said: We are striving to reinforce our position as a leader…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex and CFDs broker GKFX has made another addition to its senior management group, hiring George Sassoon as Head of Sales UK. George Sassoon joins GKFX after serving for two as Director of Sales - Europe in the London office of Singapore based broker PhillipCapital, helping PhillipCapital launch…
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Just one day after NEX Group PLC (LON:NXG) has announced that its NEX Optimisation unit has launched the FX industry’s first fully automated Settlement Netting Service, the company released its electronic markets volumes for the month of June 2017. US Treasury was $166.1 bln, 2% down MoM. US Repo was $226.5 bln, up 13% YoY…
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INTL FCStone Inc. (NASDAQ: INTL) announced the merger of its wholly owned subsidiary, Sterne, Agee & Leach, Inc. with and into its wholly owned subsidiary, INTL FCStone Financial Inc. (the Company). The merger further consolidates INTL FCStone's regulated entities, and is expected to result in operational efficiencies at INTL FCStone Financial Inc. and to enable…
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Spotware Systems just announced that they have added a new order type to their cTrader platform. This new order type is a Stop Limit Order, it has been added to desktop, web, iOS and Android versions of the platform, and it is available to all users of all brokers offering the platform. A Stop Limit…
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Fullerton Markets has announced the promotion of Senior Compliance Manager Paul Turner to Executive Director. With over 40 years of accounting experience, Paul Turner has proved to be an invaluable resource to the expansion plans of Fullerton Markets. CEO of Fullerton Markets Mario Singh said: I am delighted to recommend Paul’s promotion to the board…
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Continuing a trend we've been seeing lately, of leading retail forex brokers aligning themselves with 'brand ambassador' sports personalities, CySEC regulated FXTM has announced that it will become an official sponsor of Dominika Cibulkova, one of the top players on the women's tennis tour and a Top 10 ranked WTA player. (Ms. Cibulkova, from Slovakia,…
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Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional ‘Calendar spreads’ on the Exchange’s Gold Futures and G6 Currency contracts. The currency segment continued their upward trajectory in…
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