CLS Group, the market infrastructure provider of risk mitigation services to the global FX market, has just published its operating metrics for the month of September 2019. The average daily traded volume submitted to CLS was USD1.84 trillion, up 5.3 percent from USD1.75 trillion in August 2019. Average daily traded volume submitted to CLS by…
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The Monetary Authority of Singapore (MAS) has yesterday shared with the pubic that new initiatives were underway to strengthen capital market activities between Singapore and China. The initiatives were discussed at the 15th Joint Council for Bilateral Cooperation between Singapore and China and aim to facilitate the growing interest of financial institutions based in Singapore…
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Derivatives marketplace CME Group has today announced that it achieved its highest quarterly Asia Pacific average daily volume (ADV) on record, with 1.2 million contracts traded during third-quarter of 2019. That's a 61% rise YoY and surpassing the previous quarterly record of 1.1 million contracts traded in second-quarter 2019. Latin America quarterly ADV was 152,000…
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Multi-asset brokerage based in Sydney and Hong Kong, Invast Global, has just announced its partnership with Cboe Global Markets. Invast Global is a provider of Prime Brokerage Services globally, allowing brokers, asset managers and hedge funds access to execution, clearing and custody services across a range of global markets in Equities, ETFs, Futures, Foreign Exchange…
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Virtu Financial, Inc. (NASDAQ:VIRT) has announced that its subsidiaries have just closed their incremental $525 million senior secured first lien term loan. Virtu is a provider of financial services and products that leverages technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products. The Term Loan bears…
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Multibank FX aggregation service FXSpotStream has released its volumes report for the month of September. Total volume was $784,236 and average daily volume was $37,345 last month. ADV dropped with 13% MoM, but was up 17.1% YoY, considering the 21 trading days last month. LeapRate reminds that FXSpotStream's August ADV reached a new record of…
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Argentex Group PLC, the recently listed foreign exchange services provider, has issued a Trading Update for the first half of the financial year ending 30 September 2019. The company has generated revenues of £9.3 million from 25 June 2019 to 30 September 2019, the period since the Group’s admission to the AIM market of the…
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Equiti Group, the parent company of Equiti Capital UK and EGM Futures, has just announced that it has added Benedict Sears to its institutional team as its new Institutional Liquidity Manager. Prior to joining Equiti, Sears has worked for companies such as XTX and Makor Securities. Commenting on the appointment, Hormoz Faryar, Global Head of…
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ACB Investment (ACB), the newly launched global marketplace, announced that it has just changed its fee policy. Instead of a $15 fee per one-lot position, the service will now charge $10. CFDs will continue to have no fees. We believe that the new commission rate will have a very positive effect on small lot size…
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Advanced Markets Group has announced that it has teamed up with Centroid Solutions. Centroid Solutions is a technology provider specializing in advanced risk management, analytics, quant-based execution technology, connectivity and regulatory reporting, servicing the global FX market. The partnership aims to further extend the reach of both companies “best in breed” offerings allowing FX market…
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