Category: Forex

July 18, 2017 BY Valentina Kirilova

Ullink and Enfusion partner to offer allocation and post-trade matching service via NYFIX

ULLINK, a global provider of electronic trading and connectivity solutions to the financial community, and Enfusion, a provider of innovative, cloud-based investment management software solutions, today announced a new solution for users of Enfusion’s Integráta buy-side Order & Execution Management System (OEMS). The new solution utilizes ULLINK’S NYFIX network to automate allocation and post-trade confirmation/affirmation…

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IG Group office
July 18, 2017 BY Valentina Kirilova

IG Group releases annual results 2017, net trading revenue up 8%

UK online trading leader IG Group Holdings plc (LON:IGG) today announced results for the year ended 31 May 2017. Financial Summary Net trading revenue up 8% at £491.1 million (Net trading revenue is trading revenue after deducting introducing partner commissions. All references to ‘revenue’ in the Group Performance and Operating and Financial reviews are made with regards…

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July 18, 2017 BY admin

3 former UK Forex bank traders arraigned in antitrust conspiracy

Three United Kingdom nationals and former traders of major banks voluntarily surrendered to the FBI and were arraigned on a charge arising from their alleged roles in a conspiracy to manipulate the price of U.S. dollars and euros exchanged in the foreign currency exchange (FX) spot market, the Justice Department announced today. A one-count indictment,…

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July 18, 2017 BY Valentina Kirilova

IG Group signs up to the FX Global Code of Conduct

UK online trading leader IG Group Holdings plc (LON:IGG) announced that has signed up to the FX Global Code of Conduct. The Code is a set of global principles of good practice in the foreign exchange market. It was created by the Global Foreign Exchange Committee which is comprised of central banks and private sector…

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July 17, 2017 BY Valentina Kirilova

KCG Holdings releases June volumes, up 4% MoM

KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of June 2017. In Market Making, KCG averaged $28.7 billion dollar volume traded (up 3.6% from May's $27.7 billion), 9.1 billion shares traded, and 3.4 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 195.8 million U.S.…

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July 17, 2017 BY Valentina Kirilova

Nigerian Stock Exchange goes live with Nasdaq SMARTS market surveillance technology

Nasdaq (Nasdaq:NDAQ) and The Nigerian Stock Exchange (NSE) have officially announced that NSE, the stock exchange of the largest economy in Africa, has launched a new market surveillance platform powered by SMARTS, Nasdaq's flagship surveillance solution. The technology will, amongst other things, enable NSE to proactively monitor market manipulation (including spoofing and layering), detect and…

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