After seeing a healthy comeback in trading volumes during November, Retail FX broker FXCM Group has reported that December activity dipped by 22% to $171 billion - the company's slowest month since at least 2015. Average customer trading volume per day came in at $8.6 billion in December 2017, 13% lower than November 2017 (with…
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In the first week for Forex Industry News of 2018... Why did institutional FX player LMAX split its operations into two separate FCA regulated companies? What drove Plus500 to (yet another!) record quarter in Q4? What problems are FX brokers having in managing risk and liquidity from clients increasingly trading cryptos? And, what can be…
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HM Treasury has today announced the appointment of Charles Randell CBE as the new Chair of the Financial Conduct Authority (FCA). Charles Randell is currently an external member of the Prudential Regulation Committee of the Bank of England and a non-executive board member of the Department for Business, Energy and Industrial Strategy. Randell will take…
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Traders using at least two major online discount brokerage platforms are complaining of sporadic outages and expressing frustration that the latest glitch has tied their hands amidst a broad plunge in marijuana stocks, Financial Post reported earlier today. Clients of TD Bank’s WebBroker and Royal Bank’s RBC Direct Investing platforms have again taken to social…
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JPMorgan Chase & Co. (NYSE: JPM) announced today that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase (NYSE: JPM/WS), the warrant Exercise Price will be reduced to $41.764 per share from $41.834 per share, and the Warrant Share Number will be increased to 1.02 from 1.01, effective…
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Exchange holding company Cboe Global Markets, Inc. (Nasdaq: CBOE) has just reported its December and full-year 2017 trading statistics. The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain December and full-year 2017 statistics. Annual Trading Records Set in 2017 Several trading records were set for the…
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Metzler Asset Management GmbH (Metzler) announced today the implementation of a new process for discovering, tracking and valuing research through the selection of Visible Alpha’s ONEaccess Platform. The addition of the ONEaccess Forward Calendar, Resource Tracking and Broker Vote applications enable the company to meet the compliance obligations associated with MiFID II regulations, particularly those…
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AxiomSL, the global provider of regulatory reporting, risk and data management solutions, today announced the appointment of Harry Chopra as Chief Client Officer, effective immediately. In this role, Mr. Chopra will oversee AxiomSL’s global business development efforts, implement go-to-market strategies and build worldwide client-driven growth. Mr. Chopra is a veteran in the space and brings…
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FTSE Russell, the global index and data provider, just announced that Seiji Ishii has been appointed Managing Director, Japan. In this role he will be responsible for managing client relationships and spearheading business development in the Japan market. He will work closely with FTSE Russell’s Research, Marketing, Partnerships, Client Services and Custom Solutions teams to…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces markets volumes for the month of December 2017. Spot FX results continue its drop from November, this time with 21% YoY, but the numbers look steady looking at the MoM change. US Treasury’s numbers are also down to 148.5 YoY with…
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