Continuing what has been a fairly strong June in the Retail FX space, forex broker FXCM Group LLC has announced that its trading volumes rose by 5% during June, to $223 billion. On a daily average basis, volumes were up 9% in June. The rise in volumes at FXCM, and its continued membership in the…
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GAIN Capital Holdings, Inc. (NYSE: GCAP) today reported certain operating metrics for the month of June 2017. OTC Trading Volume at GAIN's Forex.com Retail Segment was $241.8 billion - up 10.2% from May's $219.5 billion. This marks the second consecutive month of healthy, double digit percent volume increases at Forex.com, at a time when many…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that June trading volumes in its system decreased from May, on both a total and average daily trading volume basis. GTX saw total trading volumes of $270.1 billion in June, or $12.3 billion ADV, versus $306.5 billion total /…
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Copenhagen based multi asset broker Saxo Bank has announced that its FCA regulated arm, Saxo Capital Markets UK Limited, is pulling out of the UK CFD and FX Association, a margin trading industry group. While not giving a specific reason, LeapRate has learned that Saxo is leaving the association in a dispute with the other members…
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GTX (Switzerland) GmbH, the Swiss institutional FX subsidiary of global forex broker Gain Capital Holdings Inc (NYSE:GCAP), has announced that it has opened a new office in Zurich to support sales to money center and regional banks as well as fund managers. The new office is headed by Antonio (Toni) Fañanas, Director, Institutional Sales. Mr.…
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Retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) today reported its operating metrics for the month of May 2017. OTC Trading Volume at Gain's Forex.com Retail FX unit was up 19% from April's $185.0 billion, to $219.5 billion in May. Active OTC Accounts were slightly up to 135,070. ECN Volume made 63.2% YoY jump to…
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Gain Capital Holdings Inc (NYSE:GCAP) retail forex unit Forex.com has announced the release of a new web trading platform to its U.S. customers. Forex.com's new web trading platform was developed in partnership with TradingView, which offers one of the most powerful web-based charting platforms available today. Developed in HTML5, it supports PC/Mac users and all…
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GTX, the institutional FX arm of retail forex broker Gain Capital Holdings Inc (NYSE:GCAP), has reported that May trading volumes in its system increased slightly from April, although they didn't quite reach the record volumes GTX reported in March. GTX saw total trading volumes of $306.5 billion in May, or $13.3 billion ADV, versus $280.7…
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Well, it looks like FXCM will have some more money to pay back its loan from Leucadia. Pan European exchange group Euronext NV (EPA:ENX) has announced that it has reached an agreement to acquire 90% of Forex ECN FastMatch for $153 million in cash, plus a $10 million contingent earn-out. The remaining 10% of FastMatch…
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It was one of those weeks in Forex Industry News where things were 'all over the place'. We saw senior executive moves at ADS Securities, ArgusFX, and of course FXCM parent Global Brokerage Inc, which finally replaced CEO Drew Niv. There were regulatory actions. And, the arrest of the owner of a Binary Options brokerage…
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