Sofia-headquartered Bulgarian Stock Exchange (BSE) today reported some relatively striking volume metrics for the small European exchange. November total market turnover tripled MoM from October’s BGN 16.3 million to BGN 57.5 million ($30.9 million USD). Compared to the BGN 17.4 million in turnover in November 2015, the increase was more than three-fold YoY. The volume growth of the…
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It was announced that Optimizer Invest, Kinetic Investments and Right Casino’s Sam Miranda have invested a total of $2 million into a new online trading school Investoo.com, now part of the Investoo Group. The group states it will launch additional new services and will consist of the following additional sites: SnipetheTrade.com, a Forex signals and EA…
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Marex Spectron, the global commodities broker, today announced the appointments of Christopher Grosso, Christopher Moster, and Brian Vooletich to the US Power broking team, reporting to Hunter Baldwin, Marex Spectron Managing Director and Head of North America. Grosso and Moster spent 15-years working together at Tullett Prebon, and Vooletich joins from Starfuels after seven years…
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OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that QT Info Systems, a Chicago-based market data vendor, is integrating CityTrader into its premium QT Market Center Pro front-end to help meet customer demand for advanced options functionality. Daniel Rooney, Head of Global Sales for OptionsCity said:…
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Today the Warsaw Stock Exchange (GPW), the biggest securities exchange in Central and Eastern Europe reported monthly metrics for November 2016…the currency segment recorded a nice rebound in volumes. The total volume of currency future transactions rose by 52.3% year on year to 128,445 contracts in November 2016 from November 2015’s 84,332; activity also rose heavily month on month by 61.4% from…
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The Securities and Exchange Commission today charged two New Jersey-based traders with manipulating more than 2,000 NYSE- and NASDAQ-traded stocks and reaping more than $26 million in profits from their successful trades. The SEC alleges that Joseph Taub and Elazar Shmalo utilized dozens of accounts at various brokerage firms to carry out their scheme undetected,…
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CLS Group (CLS), the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for November 2016. The average daily input volume submitted to CLS, combining the settlement and aggregation services, was 1,167,833, up 15% from 1,015,928 in October 2016. The average daily input value submitted to CLS was $USD 4.99 trillion,…
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Integral, the FX technology partner used by banks, brokers, and investment managers to design, deliver and grow their FX businesses and Linedata, the global solutions provider dedicated to the investment management and credit industries, today announced the integration of Linedata’s Order Management System (OMS) powered by Longview, with Integral’s InvestorFX. Linedata’s advanced OMS solution delivers an…
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The China Foreign Exchange Trade System (CFETS), the interbank trading and foreign exchange division of China's central bank, the People's Bank of China (PBoC) has announced 7 new direct renminbi trading links. The seven currencies which PBoC will launch direct trading as of Monday, December 12th include the Turkish lira (TRY), Polish zloty (PLN), the…
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CME Group announced that it has appointed Julie Winkler and Kim Taylor to new roles on its management team. Winkler, a 20-year veteran of CME Group, will serve as the company's Chief Commercial Officer, overseeing sales, product marketing, research and data analysis functions as well as the company's innovation lab. Winkler will report to CME…
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