Category: Forex

March 03, 2017 BY LeapRate Staff

Swissquote reports rise in 2016 Revenues and Profit, Forex business declines

Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for 2016, indicating a nice rise in both Revenues and profitability. All areas of Swissquote contributed to the increase, except the company's eForex business which saw slightly lower trading volumes, although margins did increase along with eForex customer assets. Forex…

Read more
March 02, 2017 BY LeapRate Staff

EBS forex volumes down 13% in February to $80.7 billion ADV

Continuing the string of weak volume reports for the month of February from some of the leading institutional eFX trading venues, NEX Group PLC (LON:NXG) has reported that its EBS unit saw volumes drop by 13% MoM, coming in at $80.7 billion ADV. Overall, February was a fairly weak month at NEX Group (formerly known…

Read more
March 02, 2017 BY Valentina Kirilova

Financial services company Edelweiss Singapore extends tech strategy with Horizon

Horizon Software, the global provider of electronic trading and investment management technology, announced the extension of its long-term relationship with Edelweiss International Singapore (Pte) Limited, a subsidiary of Edelweiss Financial Services Limited, one of India’s leading diversified financial services companies. Edelweiss will be using the latest version of Horizon’s trading technology as a strategic element…

Read more
cme group fx volumes
March 02, 2017 BY Valentina Kirilova

CME Group interest rate volume up 9% in February, second highest monthly ADV ever

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced that February 2017 average daily volume (ADV) reached 18.4 million contracts, down 1% from a strong February 2016. CME Group February 2017 options volume averaged 3.8 million contracts per day, up 9% versus February 2016, with electronic options averaging 2.2 million contracts per day, up 17% over…

Read more
March 02, 2017 BY LeapRate Staff

JFD Brokers adds Forex regulatory expert Demetris Tsingis to its Board

LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex and CFDs broker JFD Brokers has added Demetris Tsingis to its Board of Directors as an independent non-executive director. Demetris Tsingis runs FINCAP Advisers Ltd., a boutique financial advisory firm which provides turnkey tailored services to regulated financial entities, offering licensing and post-licensing services across all renowned EU…

Read more
BCSC warning
March 02, 2017 BY LeapRate Staff

MT4 forex broker Trade12 receives warning from Canadian regulator BCSC

Continuing its string of warnings against unregulated brokers and other scams targeting retail traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has added to its Investment Caution List MT4 forex broker Trade12, owned and operated by Exo Capital Markets Limited and Global Fin Services Ltd. from website trade12.com. According to the…

Read more