CME Europe to shut as EU clients prefer direct US infrastructure access LeapRate

April 12, 2017 BY Valentina Kirilova

CME Europe to shut as EU clients prefer direct US infrastructure access

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. During the coming months, CME Group will work closely with all market participants and regulators to ensure a smooth transition and an orderly wind down…

April 12, 2017 BY Valentina Kirilova

ONEaccess and ITG launch MiFID II research unbundling solution

ONEaccess, a Visible Alpha company and corporate access and research valuation platform and ITG (NYSE:ITG), a independent broker and financial technology provider, today announced an agreement to offer investor clients an integrated solution that simplifies compliance with MiFID II requirements around valuing and paying for research content. The integration between the ONEaccess and ITG solutions…

April 12, 2017 BY Valentina Kirilova

MetaQuotes adds XM.com, IC Markets and Hedge Total to MT5 platform adopters

Migration of major brokers to MetaTrader 5 is well underway. MetaQuotes Software Corp. today announced that XM.com, IC Markets and Hedge Total will launch the multi-asset HFT platform this spring. Chris Zacharia, Marketing Director of XM Group, commented: It is something we have been patiently expecting for a long time, and I truly believe it…

April 12, 2017 BY LeapRate Staff

CySEC requires more disclosure from Forex brokers on Customer Complaints

Cyprus financial regulator CySEC has announced new disclosure requirements targeted at CIF licensed Forex and Binary Options brokers regarding customer complaints. In its efforts to clean up the sector and beef up its image, dealing promptly and effectively with customer complaints seems to be one of the regulator's main focal points. While CySEC has already required…

April 12, 2017 BY LeapRate Staff

Social trading network FX Junction updates performance stats based on Time Weighted Rate of Return

FX Junction, a leading open social trading network for Forex traders, has announced the release of new and improved performance statistics. The FX Junction performance module has been completely rewritten and improved based on your its members' feedback. Most notably, the performance is now based on the true Time Weighted Rate of Return (TWRR), which is…

April 12, 2017 BY Valentina Kirilova

New Zealand's Forex Brokers bankrupt, liquidators appointed

An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing "significant" losses, NZ Herald reported. Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland's Queen Street. Companies Office filings show shareholders of the company yesterday appointed PKF Corporate Recovery & Insolvency…

April 12, 2017 BY LeapRate Staff

Saxo Bank trading volumes rise in March led by Equities and Fixed Income

Copenhagen based multi asset broker Saxo Bank has announced its March trading volumes. And, in line with what we have seen at other leading Forex and Online brokers so far, March was a very good month at Saxo Bank. Overall, trading volumes at Saxo Bank were up 19% MoM in March, totaling $376.7 billion -…

April 12, 2017 BY Valentina Kirilova

Singapore robo-advisor StashAway receives in-principle approval for Retail Fund Management License from MAS

StashAway, a digital wealth advisor, announced today that has received in-principle approval for its Capital Market Services License for Retail Fund Management. This allows StashAway to now prepare to launch its digital wealth management platform in the coming months. Robo-advisors, or “robos,” are growing in prevalence in Europe and North America. Currently, robos in Singapore only…

April 12, 2017 BY LeapRate Staff

FXCM remains in the game with March volumes up 12% to $225 billion

One of March's most anticipated forex trading volumes reports is now in, with FXCM reporting a healthy 12% MoM rise in activity. Overall, March volumes came in at $225 billion at FXCM, versus $201 billion in February. (We'd note however that on a daily-average-volume basis, FXCM customer trading activity was actually down 3% MoM in…

Thomson Reuters teams up with Seabury TFX to create new trade finance marketplace in Asia

April 11, 2017 BY Valentina Kirilova

Thomson Reuters launches QA Point powered by Elsen

Information giant Thomson Reuters Corp (NYSE:TRI) announced that has launched QA Point, a cloud-based application that enables asset managers to utilize quantitative approaches in making investing decisions, designed to assist in creating increased productivity, better results, and accelerated internal collaboration among investment professionals. QA Point utilizes a point-and-click interface and access to Thomson Reuters content,…

Category: Forex

CME Europe to shut as EU clients prefer direct US infrastructure access

ONEaccess and ITG launch MiFID II research unbundling solution

MetaQuotes adds XM.com, IC Markets and Hedge Total to MT5 platform adopters

CySEC requires more disclosure from Forex brokers on Customer Complaints

New Zealand's Forex Brokers bankrupt, liquidators appointed

Saxo Bank trading volumes rise in March led by Equities and Fixed Income

Singapore robo-advisor StashAway receives in-principle approval for Retail Fund Management License from MAS

FXCM remains in the game with March volumes up 12% to $225 billion

Thomson Reuters launches QA Point powered by Elsen

YLG Futures is Now Available On TradingView

RayNeo and Ant Group Launch Hands-Free AR Glasses Payments

PFS Investments to Repay $710,000 Over Mutual Fund Fee Failures

Stifel Fined $175,000 Over Inaccurate Order Routing Disclosures

CME’s Interest Rate Futures Open Interest Hits a New Record