Reuters is reporting that Gain Capital (NYSE: GCAP) today has suspended trading in Swiss francs due to the surge in swissy volatility after the Swiss National Bank unexpectedly abandoned the currency's exchange rate cap against the euro. "We're just waiting for our liquidity providers to come back and say they will provide liquidity again," said Kathleen…
Read more“The drop of Brent Crude oil prices to 50 USD per barrel will likely lead to the dollar growing to 64 rubles in the short term. Moreover, S&P's lowering of its rating for the Russian Federation to below "BBB-" in January may provoke a massive sell-off of Russian assets" - Sergey Kochergin, Senior Analyst, EXNESS
Read moreTwoFour Systems will be branded Broadridge FX and Liquidity Solutions, operating within Broadridge's Global Technology and Operations division.
Read more“I am delighted to welcome Jessica to the team. She brings a wealth of trading software knowledge and has a strong track record in maintaining and growing client relationships.” - Peter Brooks, Head of eFX, Sucden Financial
Read moreFxPro is joining several other larger retail FX brokers, providing liquidity services to their smaller competitors and to institutional FX traders.
Read moreGlobal regulatory authorities have been busily engaged in ascertaining the most effective method of regulating various business-critical activities in electronic trading for approximately four years, ever since President Obama swore the Dodd-Frank Wall Street Reform Act into US law in 2010. This set a precedent among continental regulators for them to instigate a standardized method…
Read moreEBS Select will launch in early 2015. Over 30 Liquidity Consumers and a number of Liquidity Providers have already agreed to participate in its Beta roll out.
Read moreWith the battle for superiority among the ECNs increasing, ICAP's electronic brokerage business EBS has experienced growth in its liquidity optimization service, with 15 new global customers having been onboarded within a year
Read moreTopFX's Paul Orford waxes lyrical on the factors which are contributing toward what he considers to be the shaky future of the B-Book among retail brokerages
Read moreFxPro Group has acquired spot FX aggregator Quotix, in a move that gives the company full control over the provision of its FX liquidity and allows it to provide more institutional-focused services. This new venture combines FxPro’s comprehensive knowledge of the retail FX market and Quotix’s technology, meaning improved trade execution and speed, as well…
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