Category: Institutional

CLS Group trading volumes
June 15, 2020 BY Valentina Kirilova

CLS volumes continue to drop across all instruments in May

CLS’s Head of Information Services, Masami Johnstone, commented: Following a period of wide-scale volatility and increased trading activity during the initial phase of the COVID-19 pandemic, average daily traded volumes in CLSSettlement – our payment-versus-payment settlement service – have now stabilized at significantly lower volumes as compared to the same period last year. In May…

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CQG licenses Blue Trading Systems (BTS) assets to offer clients suite of custom algorithms and low-latency spreads routing
June 11, 2020 BY Steffy Bogdanova

CQG licenses Blue Trading Systems (BTS) assets to offer clients suite of custom algorithms and low-latency spreads routing

When the integration is complete, CQG’s customers will be able to choose whether to turn on faster routing in some markets and standard order routing in others.  The simulation and back-testing tools will allow users to test strategies in as near real-market conditions. They can then leverage transaction cost analysis (TCA) features to review performance,…

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Collaboration
June 09, 2020 BY Steffy Bogdanova

TrueFX adds Sucden Financial to its clearing member network

Wayne Roworth, Co-Head of eFX at Sucden Financial commented: We are pleased to be joining the TrueFX network as a clearing member and offer our clients access to this service with valuable connectivity to the marketplace. TrueFX is an exciting development for the FX market and we are proud to demonstrate our commitment to this…

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Acquisition
June 08, 2020 BY Steffy Bogdanova

Gain Capital stockholders approve acquisition by INTL FCStone

Nearly 83.2% of Gain’s shares issued and outstanding as of 23 April 2020, end of business, were present at the stockholder meeting. Close to 71.2% of GAIN’s shares issued and outstanding voted in favor of adopting the Merger Agreement, making up 85.7% of the votes cast. Gain Capital expects the merger to be completed during…

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June 05, 2020 BY Steffy Bogdanova

Fintech FXCubic partners with multi-asset broker Hantec Markets

Hantec Markets Hayel Abu-Hamdan, Group COO & UK CEO said: Our focus at Hantec Markets is to provide an unrivalled trading experience that demonstrates fairness and transparency and to maintain a stable and secure environment for our customers to trade. Our partnership with FxCubic will ensure that we are at the forefront of our industry in terms…

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