Beginning our peek into July 2017 trading volumes at leading eFX trading platforms, data from institutional Forex ECN Hotspot FX indicates that July trading volumes decreased slightly by about 3% MoM from June, clocking in at $27.1 billion average daily volume for the month. Similar in pattern to June, activity did seem to be stronger in…
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The following post is based on research from Stephen Simonis Sr., Chief Currency Analyst at FXDD. The dollar benefited after President Trump's election in November on hopes that things will finally get done in Washington. As those hopes are fading, so has the bullish tone on the dollar and it has fallen 7% this year. Political issues…
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Online marketing services specialist Optimove has announced that Tal Kedar has been appointed the company’s new Chief Technology Officer. Kedar will play a key role in shaping Optimove’s technology and innovation strategies as the company expands its capabilities to help marketers build a more active and loyal customer base using artificial intelligence. Kedar brings deep…
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The following post is based on research from Arnaud Masset, Market Analyst at Swissquote Group Holding SA (SWX:SQN). For more of Arnaud's research see Swissquote Research. The Swiss National Bank reported a profit of CHF 1.2 billion for the first half of 2017, compared to CHF 7.9 billion for the first quarter. The sharp appreciation of the…
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SIX Exchange Regulation announced that has reached an agreement with SHL Telemedicine Ltd. in connection with a breach of the accounting standards (IFRS) in the 2015 annual financial statements. The identified deficiencies relate to the revenue recognition and disclosure for performance-based contracts as well as the recognition of expenses. As part of the agreement, the…
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FCA and CySEC regulated retail forex broker Exness has just announced its partnership with renowned Spanish football team Real Madrid, becoming the official trading partner of The Whites for the next three years. Exness is one of the world's largest Retail FX brokers, doing in excess of $250 billion of monthly volume. Exness is the…
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Andrew Bailey and new Financial Conduct Authority (FCA) Head of Department, Scotland Maggie Craig have given an interview to The Scotsman discussing Maggie’s new role and the FCA’s plans in Scotland. LeapRate reported earlier last week that the FCA has announced the appointment of Maggie Craig as the Head of Department, Scotland. Read the complete…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, has welcomed the decision by the US District Court, Southern District of New York, to dismiss all claims against ICAP Capital Markets in an antitrust class action regarding the interest rate swaps market. ICAP Capital Markets had maintained from the outset…
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Nasdaq, Inc. (Nasdaq:NDAQ) has announced the appointment of nine directors to Nasdaq Futures, Inc. Board. Directors will serve a one-year term. The names and titles of directors appointed to the Board of Nasdaq Futures, Inc. are highlighted below: Mark L. Alderman, Chairman, Cozen O’Connor Public Strategies Eric Aldous, Managing Director & Global Head of Futures,…
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In one of the more interesting Forex Industry News weeks of the year, we reported on angry clients taking employees of a Forex brokerage hostage in Shanghai - an episode which lasted a full five days. We also had more standard stuff - FX broker results and analysis, a major Forex Sports Sponsorship announced, management…
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