We had reported late last month that Saxo Bank had seen slowing activity and revenues in the second half of 2017 - something we believe every other FX industry blog missed, since the company didn't really break that out in its year-end report. However that seems to have quickly corrected itself in 2018, at least…
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Retail FX broker FXCM continued its strong start to 2018, reporting overall FX trading volumes of $239 billion. That ranks just 4% below January's $250 billion, but given that February had fewer trading days than January (20 versus 22), February's $12.0 billion average daily volume was actually 5% above January. Keeping in mind, that January…
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Eventus Systems, Inc., a provider of regtech software solutions for the capital markets, has just informed that it has established a presence in the Asia Pacific (APAC) region. The decision to provide a regional sales presence for its Validus surveillance and risk software platform follows growth throughout 2017 in the firm’s client base, as well…
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The financial technology company NEX (LON:NXG) and the research, advisory, and consulting firm focused on financial services technology, Celent, announced that they have published a new white paper. named ‘Cloud in Capital Markets - Getting ahead of tomorrow.’ The white paper provides an in-depth analysis of the benefits and risks of cloud technology and its…
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Information giant Thomson Reuters (NYSE:TRI) has announced that it has teamed up with eBrevia, a machine-learning contract analytics platform, to help enterprises tackle large and complex contract remediation projects involving commercial contracts. The collaboration enhances the managed services from Thomson Reuters with greater technology enablement, accelerating clients’ ability to execute on contract remediation. Thomson Reuters…
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Sydney, Australia based boutique prime broker Invast Global has announced the launch of a London oneZero Hub in Equinix LD4. The new hub will allow retail brokerages to seamlessly connect to the award-winning liquidity of Invast Global. Invast Global currently offers multi-asset liquidity to retail brokers, hedge funds, proprietary trading firms and banks around the…
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Commodities and Forex broker INTL FCStone Inc (NASDAQ:INTL) has announced that its Dubai-based subsidiary, INTL FCStone Commodities DMCC will serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract, which will be available for trading beginning on March 29, 2018. The release of this contract is a first for DGCX, and will…
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Trading platform developer MetaQuotes has announced that its popular multi-asset platform MetaTrader 5 (MT5) now supports demo access to Asia's oldest stock exchange, the Bombay Stock Exchange, or BSE. MT5 traders can open an account on the MetaQuotes-BSE-Demo server and start receiving quotes of BSE featured securities. Also, traders can apply technical analysis tools and perform back-testing…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX, CFDs and spreadbetting broker London Capital Group is going to be taken private by CEO Charles-Henri Sabet. Mr. Sabet and his investor group GLIO Holdings already control the publicly traded parent company London Capital Group Holdings PLC (which we'll call 'Holdings'), with a 78.1% holding. However…
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After reporting record trading volumes of $334 billion to open 2018 in January, FCA and CySEC licensed Retail FX broker Exness saw something of a slowdown during February, with volumes retreating by 13% in February to $290.5 billion. We would note, however, that there were two less trading days in 28-day February than January (20 trading…
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