January’s sharp increase is partially reversed, still much higher than Q4 2013 monthly average GMO Click has just reported its monthly volumes numbers for the month of February and just as Monex Group, their business has turned lower in the second month of the year. The figures have been reported at ¥73 trillion ($714 billion),…
Read moreThe rebound has ended – Japanese investors’ risk appetite has been fading throughout the month Japanese Monex Group has just reported trading volumes for the month of February. With figures dropping by 17% over last month to ¥139 billion ($1.36 billion) we can conclude the volumes recovery theme for now. As the imminent sales tax-hike…
Read moreForex and Binary Options brokers – are you ready for EMIR??? On February 12, 2014, new EMIR trade reporting rules come into effect for European Forex, Binary and CFD brokers as mandated by ESMA. LeapRate is pleased to be working with leading regulatory advisory consultancy MAP S.Platis to provide our readers with the information they…
Read moreICAP Notes rated investment grade BBB/Baa2 by S&P/Moody’s, yield 3.2% One of the leading global electronic brokers, ICAP (LON:IAP), is about to issue €325 million ($481 million) of five-year notes related to its latest refinancing operation. The Euro denominated 5-year notes will be listed on the London Stock Exchange on the 6th of March with…
Read moreRegulatory action risks to squeeze big banks' profit margins from FX, but bringing increased transparency and likely more volumes A report in Monday’s edition of the Financial Times outlines an accelerating shift that is occurring within the FX markets industry during the past couple of months. Yes, we are talking about electronic dealing finally arriving…
Read moreThe upward trend pauses, figures lower by 28% over last year FX contracts volumes traded on the CME Group have dipped lower by 7% in the month of February to 769,000 contracts daily. That marks a break in a rising trend that we have observed since October of last year. The average daily notional value…
Read moreRevenues growing steadily, with the bottom line subdued due to one-off costs related to the acquisition, shares drop 4% Since the official takeover of MIG Bank back in September 2013, FX trading volumes have increased their share of revenues drastically. Trading volumes at Swissquote after the acquisition have risen by a whopping 200.9% to CHF…
Read moreRussian Forex regultor trying to get leverage limit of 50:1 and advertising scrutiny put into law. First deputy governor of the Russian Central Bank, Serguey Shvetsov is on the newswires with an announcement that the second vote on the forex regulation bill in Russian Parliament is now imminent. The bill will introduce caps on leverage…
Read moreRussian Government to clamp down on retail forex trading with Serguey Shvetsov at the helm
Read moreYear-on-year growth still quite strong with daily average revenue trades rising by 19% One of the leading electronic brokerages in the US, Interactive Brokers, has reported its monthly volume metrics for February. The theme appears to be flat over last month’s figures with the Daily Average Revenue Trades (DARTs) consolidating around 581,000, which is higher…
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