Electronic trading network operator NEX Group PLC (LON:NXG) has announced today that Stuart Bridges, Group Chief Financial Officer, has stepped down from the Board and will be leaving the company later in the year. Samantha Wren, currently Chief Commercial Officer for NEX Markets, has been appointed to the CFO role and will join the Board…
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Forex ECN FastMatch has some good news for its soon-to-be-new owners, Euronext NV (EPA:ENX). Data from FastMatch indicate that volumes in its system increased by 18% MoM in May, to average $22.5 billion ADV for the month. That makes May 2017 FastMatch’s best ever month for trading volumes, well ahead of March’s $19.2 billion, and the first time…
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Beginning our peek into May 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that May trading volumes increased slightly by just over 1% MoM from April, clocking in at $28.1 billion average daily volume for the month. Hotspot's figures would have been even higher - $29.9 billion,…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that May trading volumes in its system increased slightly from April, although they didn't quite reach the record volumes GTX reported in March. GTX saw total trading volumes of $306.5 billion in May, or $13.3 billion ADV, versus $280.7…
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SIX Swiss Exchange Survey Regulation is overwhelmingly the biggest hurdle traders face, according to a major survey of equity, bond and other product traders in the UK and Europe conducted by SIX Swiss Exchange. An overwhelming 65% of respondents believed increasing regulation, such as MiFID II and FinfraG, would have the biggest impact on their…
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Axioma, a provider of enterprise market risk and portfolio management solutions, and FactSet, a global provider of integrated financial information, analytical applications, have entered into an agreement with Mirova, the second-largest European manager of open-ended SRI funds and Natixis Asset Management, Europe-based asset manager. These two asset managers are Natixis Global Asset Management affiliates, itself…
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Michael Grecoff, Head of Americas and International Sales at Cinnober Financial Technology has left Cinnober to fully focus as co-founder and CEO of DAHU Technologies. Grecoff joined Cinnober in 2012 after being Head of Sales, Client Services in the Asia Pacific area for SMARTS. Prior to joining SMARTS, Michael was Manager Surveillance at the Canadian…
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UK FCA regulated global provider of FX and CFD brokerage services Tickmill announced that has launched a Korean version of its website languages. The addition of Korean language website was prompted by growing demand for premium trading products and services in the Asia Pacific region, one of the largest markets for Tickmill. Tickmill shares that the…
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LeapRate Exclusive Interview... Managing and growing a retail forex brokerage in today's rapidly changing business and regulatory environment is not easy. One broker which seems to have done a good job of it lately is CFI Markets, which recently announced its expansion into Dubai and the MENA region from its home bases in Cyprus and…
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OANDA’s retail clients now get access to the OANDA Algo Lab, where they can utilize QuantConnect’s cloud-based algorithmic trading engine for free. OANDA, a global regulated leader in online Forex trading services today announced they have integrated with QuantConnect’s open-source, cloud-based algorithmic trading engine to offer their clients the ability to research, build, test and…
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