After a fairly slow April, Copenhagen based multi-asset broker Saxo Bank has reported that it saw an overall 17% MoM increase in trading volumes during May, including a 14% rise in FX trading volumes. FX volumes came in at $235 billion for May, with total multi-asset volumes (including also Equities, Commodities and Fixed Income) totaling $331 billion for the month.…
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A month ago Forex trading platform developer MetaQuotes released their economic calendar for fundamental market analysis. Now the company have prepared a new widget, that can be used to embed the economic calendar on a website or blog. The new service will help attract visitors, while providing traders the opportunity to instantly receive up-to-date information…
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BNP Paribas Asset Management (BNPP AM) has appointed Simeon Tsonev to the role of Currencies Portfolio Manager within its Emerging Markets Fixed Income team, further strengthening the team and enhancing its investment capabilities. In this newly-created role, Tsonev will be responsible for alpha-generating decisions within emerging market currencies. He will be based in London, reporting…
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LeapRate Exclusive... Further to our exclusive report last week about a number of pending changes at CySEC and FCA regulated retail forex broker FxPro, especially in the UK, LeapRate has learned that the company has gone live today with its new spread betting platform, FxPro Edge. Visitors with a UK IP address going to the…
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KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of May 2017. In Market Making, KCG averaged $27.7 billion volume traded (up 5% from April's $26,343 billion), 8.7 billion shares traded, and 3.4 million trades per day in U.S. equities. In Global Execution Services: KCG Institutional Equities averaged 202.7 million U.S. equity…
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LeapRate Exclusive... FCA licensed spread betting, Forex and CFD brokers have seen an increasing amount of competition lately, mainly from foreign brokers who come to the UK to get "FCA regulated". These brokers do so in the hopes of landing a foothold in the very lucrative UK market, still the world's highest value market in…
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BNY Mellon Corp (NYSE:BK), investment management and investment services company, announced that Rohan Singh has been appointed Asia Pacific Head of Asset Servicing, effective June 27, and will report to Samir Pandiri, Executive Vice President of BNY Mellon and Chief Executive Officer of Asset Servicing. Singh will join the firm's Asia Pacific Leadership Council and…
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Steven W. Adamske Departs after Six Years as Office of Public Affairs Director U.S. Commodity Futures Trading Commission (CFTC) Acting Chairman J. Christopher Giancarlo announced the appointment of Erica Elliott Richardson to serve as Director of the Office of Public Affairs (OPA), effective immediately. Richardson served as the Communications Director to Majority Leader Kevin McCarthy…
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Retail forex broker FXCM Group LLC has announced that its trading volumes rose by 21% during May, to $213 billion. The monthly results were helped by having 23 trading days during May, versus just 20 in April, but on a daily average basis volumes were still up 6% in May. The rise in volumes at…
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LMAX Exchange, the FCA regulated MTF for FX, has announced the appointment of Matt DellaRocca to the newly created position of Liquidity Manager for the Americas. Matt will be responsible for the real-time management, monitoring and analysis of all LMAX Exchange liquidity in the US. Matt DellaRocca joins LMAX Exchange from Bloomberg Tradebook, where he…
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