May 24, 2016 BY Mike Fox

HKEX and Thomson Reuters sign agreement for new Renminbi indices

Hong Kong Exchanges and Clearing (HKEX) and Thomson Reuters today signed an agreement for the creation of a new series of Renminbi (RMB) indices. HKEX has taken the lead amongst exchanges in RMB offerings, just yesterday the exchange announced new RMB futures contracts to commence at the end of May. The new index series will…

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May 24, 2016 BY Mike Fox

CME Europe announces the introduction of new FX liquidity incentive programs

CME Europe, a wholly owned subsidiary of CME Group Inc (NASDAQ: CME) has been busy enhancing their offering of FX futures contracts since its launch back in April of 2014. Looking to mimic the success of CME across the Atlantic, the exchange initially launched with 30 FX futures products and a suite of commodities contracts. The London-based derivatives exchange,…

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May 23, 2016 BY Mike Fox

Alpari drops minimum deposit amount for MetaTrader 5 accounts

Forex brokerage house Alpari informed clients today regarding the launch of an offer in which the minimum deposit for ecn.mt5 accounts is being reduced to zero. For three months from May 23rd, 2016 clients will be able to try out live trading on the recently enhanced MT5 platform, which now includes hedging with minimal financial outlay. Before this offer, the minimum deposit…

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May 23, 2016 BY Mike Fox

NFA CEO Daniel Roth to retire; Board begins search for successor

The U.S. financial regulator National Futures Association (NFA) announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA's Board of Directors has authorized the formation of a committee to conduct an internal and external search for his successor. NFA is the industry wide, self-regulatory organization for…

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May 23, 2016 BY LeapRate Staff

CMC Markets courts institutional FX clients with new API connectivity

FCA regulated online broker CMC Markets Plc (LON:CMCX) has announced the launch of new API technology designed to meet the urgent need for reliable liquidity among financial institutions. The API connectivity, which gives banks, brokers, funds and trading desks access to tier-one liquidity and pricing, is a key element of CMC Markets’ enhanced offering for financial institutions.…

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May 23, 2016 BY Mike Fox

HKEX to launch additional RMB FX futures by end of May

Hong Kong Exchanges and Clearing Limited (HKEX) has received regulatory approval to introduce its planned cash-settled Euro-Renminbi (RMB), Japanese yen-RMB, Australian dollar-RMB and RMB-US dollar futures on Monday, 30 May 2016. HKEX is following up on their plans to further enhance its RMB offering outlined in their 2015 review; coming on the back of achieving yearly record…

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