KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of May 2017. In Market Making, KCG averaged $27.7 billion volume traded (up 5% from April's $26,343 billion), 8.7 billion shares traded, and 3.4 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 202.7 million U.S. equity…
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LeapRate Exclusive... FCA licensed spread betting, Forex and CFD brokers have seen an increasing amount of competition lately, mainly from foreign brokers who come to the UK to get "FCA regulated". These brokers do so in the hopes of landing a foothold in the very lucrative UK market, still the world's highest value market in…
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BNY Mellon Corp (NYSE:BK), investment management and investment services company, announced that Rohan Singh has been appointed Asia Pacific Head of Asset Servicing, effective June 27, and will report to Samir Pandiri, Executive Vice President of BNY Mellon and Chief Executive Officer of Asset Servicing. Singh will join the firm's Asia Pacific Leadership Council and…
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Steven W. Adamske Departs after Six Years as Office of Public Affairs Director U.S. Commodity Futures Trading Commission (CFTC) Acting Chairman J. Christopher Giancarlo announced the appointment of Erica Elliott Richardson to serve as Director of the Office of Public Affairs (OPA), effective immediately. Richardson served as the Communications Director to Majority Leader Kevin McCarthy…
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Retail forex broker FXCM Group LLC has announced that its trading volumes rose by 21% during May, to $213 billion. The monthly results were helped by having 23 trading days during May, versus just 20 in April, but on a daily average basis volumes were still up 6% in May. The rise in volumes at…
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LMAX Exchange, the FCA regulated MTF for FX, has announced the appointment of Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt DellaRocca joins LMAX Exchange from Bloomberg Tradebook, where he…
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Today BETTER FINANCE announced that will release its research report on Robo-Investing at the Seminar on Financial Guidance. Financial Guidance, as opposed to Advice, is a fee-based, rather than commission-based, model. This model should ensure a better alignment with client interests. As such Robo-Investing providers may actually be rather well placed to provide financial guidance…
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Northern Trust announced today the launch of a suite of sophisticated foreign exchange client execution algorithms that will allow clients to manage their FX exposure with an enhanced level of control and transparency. The FX Algo Suite gives clients greater flexibility in how their orders are placed and allows them to access highly competitive pricing…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, today published a report in which they examine the impact of the UK general election on the foreign exchange (FX) spot market, using data published by CLS on Quandl. CLS do this by comparing GBPUSD hourly volumes on 09 June…
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Dash Financial Technologies today announced the appointment of Robert Boylan as Managing Director, Business Development. In this role he will be responsible for further building the firm’s business among both its buy and sell side client bases. Mr. Boylan brings over 25 years’ experience in the capital markets. He joins from Goldman Sachs, where he…
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