May 04, 2016 BY Maria Nikolova

Fortex launches turnkey xForce Prime of Prime solution for Forex brokers

ECN trading platform Fortex, Inc. today announces the launch of its xForce Prime of Prime Suite for FX Brokerage companies. 
xForce Prime of Prime is an end-to-end, prime-of-prime solution aiming to enable banks and brokerages, looking to become FX liquidity providers, to distribute their price streams directly to their partners' systems. FX Brokerages can now onboard…

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May 03, 2016 BY Maria Nikolova

OptionsHouse' owner Aperture Group names Lance Braunstein CIO

Aperture Group, LLC, the owner of OptionsHouse, which last month got a Futures Commission Merchant (FCM) registration, announces today that Lance Braunstein has been appointed as Chief Information Officer. Mr. Braunstein joins Aperture Group from Goldman Sachs Group, Inc. where he served as Managing Director, Global Head of Investment Banking Technology. Prior to his nearly…

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May 03, 2016 BY Maria Nikolova

UK competition regulator refers ICE’s acquisition of Trayport for in-depth investigation

A follow-up to LeapRate's earlier report about the investigation by the Competition and Markets Authority (CMA) of the acquisition of Trayport by Intercontinental Exchange Inc (NYSE:ICE)... Last week, the CMA said that it would refer the merger for an in-depth investigation unless Intercontinental Exchange (ICE) offered necessary undertakings to address the CMA’s competition concerns. The regulator…

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May 03, 2016 BY Maria Nikolova

CME Group registers 15.5% MoM drop in FX volumes in April 2016

International derivatives marketplace CME Group Inc (NASDAQ:CME) has just published its volumes metrics for April 2016, with Forex volumes continuing the downward trend exhibited in March 2016. CME Group reported FX average daily volume (ADV) of 771,000 contracts for April 2016, a reading that is 15.5% down from the reading of 912,000 contracts reported for…

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May 03, 2016 BY Maria Nikolova

Singapore Exchange adds MSCI China Free Index contracts to offering

In line with LeapRate's earlier report about the plans of Singapore Exchange Limited (SGX:S68) to list MSCI China Free Index (SM) futures and options contracts, the Exchange today announced the official launch of these products. The SGX MSCI China contracts have also been certified by the Commodity Futures Trading Commission (CFTC), enabling US investors to directly…

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May 03, 2016 BY Maria Nikolova

CMC Markets add leading 45 New Zealand NZX shares to CFD trading list

CMC Markets New Zealand, part of online trading services provider CMC Markets Group, today launches Contracts for Difference (CFDs) over the New Zealand Stock Exchange (NZX) top 45 shares on its Next Generation platform, beefing up the lineup of the 10,000 CFDs already available to the company's clients. The new offering enables clients of CMC…

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May 03, 2016 BY Maria Nikolova

CBOE Holdings registers 4% MoM decline in ADV in April 2016

CBOE Holdings, Inc (NASDAQ:CBOE), the holding company for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE), and other subsidiaries, has published its operating metrics for April 2016, with trading volumes continuing to fall after already subdued metrics reported in March 2016. CBOE Holdings’ average daily volume for April 2016 amounted…

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