NEX Group (LON:NXG), a financial technology company at the centre of global markets, announced today it has signed a Statement of Commitment to adopt the principles of the FX Global Code across its EBS FX trading platforms and NEX Optimisation services. NEX announced the signing of the Statement of Commitment and introduced a new NEX…
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LeapRate Exclusive... Watch out FCA regulated FX and CFD brokers, here they come. LeapRate has learned that Betfred's new entrant in the FX and CFD brokerage space, TradeFred, is expanding with a soon-to-be-launched EU regulated entity in Cyprus. TradeFred has also already expanded its international footprint with a live operation in Australia. And, the company…
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Vela, the premier market access technology provider, today announced the launch of its Systematic Internaliser (SI) Data Hub, part of its comprehensive MiFID II solution suite. Vela has also confirmed the addition of Sun Trading as part of its roll-out of new Systematic Internaliser venues. Vela’s SI Data Hub provides clients with access to multiple…
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The network of partners working with enterprise software firm R3 to develop distributed ledger technology (DLT) based applications on its Corda platform has grown to over 60 companies from a wide variety of industries and regions across the globe. The Corda partner network consists of companies that are actively engaged with the Corda platform, including:…
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ASIC regulated Retail FX broker International Capital Markets Pty. Ltd. (IC Markets) informed that it has launched Stock CFD trading for clients on the MT5 platform. The release of Stock CFDs follows the addition of the multi asset MetaTrader 5 platform by IC Markets in May earlier this year, along with a number of other…
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Continuing a fairly slow October we have seen at some of the world's leading FX and CFD brokers, Copenhagen based multi asset broker Saxo Bank has released figures indicating that FX and overall trading activity was down slightly month-over-month. Overall, total multi-asset trading volumes at Saxo Bank were down 4% MoM in October, $328.5 billion…
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Global Brokerage Inc (NASDAQ:GLBR), which owns 50% of Retail FX broker FXCM Group, has filed its third quarter results with U.S. regulatory authorities indicating that it (as well as FXCM) saw Revenues decline by 11% from the second quarter, $44.0 million in Q3 versus $49.4 million in Q2. The company(ies) reported a Q3 net operating…
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After launching in demo mode last month, Geneva based Retail FX broker Dukascopy has announced that its Chained Option Contracts product has been released for Live trading. Binary traders of Dukascopy Bank and Dukascopy Europe can now use two types of automated trading strategies: Winning and Martingale. Winning is a follow-the-trend strategy, one of the most…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Summary: Developments in Catalonia have finally triggered some volatility, but this is not a systemic disruption. The ECB is leaning to the dovish side which has finally pushed the euro lower. The Fed is…
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Let's begin this article with what we wrote over the weekend when word broke of Global Brokerage Inc (NASDAQ:GLBR) filing for a "Chapter 11" bankruptcy reorganization - this isn't your typical bankruptcy filing. And, the effects of the filing (if any) on Retail FX broker FXCM, in which Global Brokerage holds a 50% interest, have been…
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