It looks like the FX trading world has had a great start to 2018. Driven by increased volatility in key currency cross rates EURUSD and GBPUSD following weakness shown throughout the month by the US Dollar, institutional Forex ECN Cboe FX Markets – formerly known as Hotspot FX – has reported its best ever month,…
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Leading off our retail and institutional FX volume results reports for the first month of 2018, GTX - the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) - has reported that it saw record activity in January 2018. GTX ECN set an average daily volume record $13.9 billion, beating the previous $13.3…
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Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…
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LeapRate Exclusive... LeapRate has learned that FXCM Group has made some senior management changes, as the company continues to shift its operating focus to London, under FXCM CEO Brendan Callan. The primary change involves the promotion of longtime FXCM US employee Juan Cafe to the #2 position in the company. Mr. Cafe will be COO…
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Global forex broker Admiral Markets just announced the launch of new trading instruments on the MetaTrader 5 platform. 200 new CFDs on the stocks of the biggest companies in Germany, the US and the UK are now available for trading to those with an Admiral.MT5 account. Clients can find all details regarding the new instruments…
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The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced the start of a new era of buyside participation in the cleared repo market as State Street Bank and Trust Company and funds managed by Capula Investment Management LLP, complete the first cleared sponsored repo transactions…
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JPMorgan Chase & Co. (NYSE: JPM) announced that Daniel Pinto (55), Chief Executive Officer of its Corporate & Investment Bank, and Gordon Smith (59), Chief Executive Officer of Consumer & Community Banking, have been appointed Co-Presidents and Co-Chief Operating Officers of the company, effective immediately, continuing to report to Jamie Dimon (61), Chairman and Chief…
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Munich based Devexperts, which develops retail and institutional trading platforms and provides cloud based financial data infrastructure, has announced that it has partnered with US based Bookmap in the release of trading platform Bookmap version 7. Bookmap is an innovative visualization and trading platform for US Equities, Futures and digital currencies. Bookmap’s data visualization offers complete…
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The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) today announced that IBF will expand its mandate to provide career advisory and job placement services for the financial sector. IBF will set up a dedicated Career Centre providing advisory services for professionals in the financial industry. The Centre, targeted to…
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RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Erik Morgan as Managing Director, Head of Global Due Diligence. Morgan joins RBC I&TS from J.P. Morgan where he was most recently Executive Director, Wholesale Client Onboarding, and helped to establish the firm’s…
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