Continuing the spate of strong volume results shown by leading retail and institutional FX trading venues and brokers to start off the year, FXCM Group has reported its best client trading metrics since last January, with FX trading volumes coming in at $250 billion. FXCM's best month of 2017 was also January, at $253 billion,…
Read more
FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that at an LCG shareholder meeting held earlier today, the company's proposal to delist from the London Stock Exchange and move the company's share listing to the NEX Exchange Growth Market run by NEX Group PLC (LON:NXG) was approved. LCG's last day…
Read more
Metamako, a provider of low-latency, FPGA-enabled network devices, and Redline Trading Solutions, a provider of high-performance market data and order execution systems, today announced a partnership offering an ultra-low latency end-to-end solution for clients in the automated trading space. Redline’s InRush™ market data solution, which provides high-quality consolidated market data feeds, now uses Metamako’s network…
Read more
Multibank FX aggregation service FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that State Street is now live and trading globally. State Street is the 13th bank available to clients connected to FXSpotStream’s price aggregation Service. The addition of State Street adds to the liquidity available from FXSpotStream’s existing liquidity providers, which…
Read more
Payments technology company SafeCharge (LON: SCH) informed that it has today at ICE 2018, launched SafeCharge Reconciliation Manager, a new solution for businesses to automate the matching of transactions across all their payment service providers, merchant platforms and banks. By consolidating and automating the reconciliation process with SafeCharge Reconciliation Manager, businesses in any industry can…
Read more
European payments provider, Klarna, has announced a UK partnership with London College of Fashion, UAL, in an exciting initiative to support the next generation of talent at the intersection of fashion and technology. Fashion is now the UK’s largest online retail market segment, worth around £10.1bn, and this growth is only set to continue. By…
Read more
The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) announced that they will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year. The trading link will allow investors to trade and settle shares listed on…
Read more
In a mad dash to cash, traders were dumping virtually all kinds of assets in favour of good hard cash on Monday, which just saw one of the largest one-day market declines ever. When all the damage was totaled, the Dow Jones Industrial Average dropped by 1,175, or 4.6%. The broader S&P 500 index fell…
Read more
Cyprus financial regulator CySEC has announced that it is withdrawing the CIF financial services license of Best Choice FBC Ltd. Best Choice FBC operates Retail FX broker BCFX Broker at bcfxbroker.com, and also owns a number of other FX properties including the Finish FinFX brand, which it acquired in 2015. CySEC first suspended BCFX's license…
Read more
STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced that the iSTOXX Global Diversity Impact Select 30 Index and the iSTOXX Europe Diversity Impact Select 30 Index were licensed to Goldman Sachs as an underlying for the issuance of structured products. We…
Read more