May 09, 2016 BY Maria Nikolova

Saxo Bank sees 12.7% MoM rise in ADV in April 2016

April was a solid month for multi-asset trading and investment services provider Saxo Bank, as exhibited by their key monthly operating metrics reported earlier today. The company saw trading volumes grow in both monthly and annual terms, whereas client deposits kept rising, continuing a trend witnessed in March 2016. Saxo Bank's monthly trading volumes hit $260…

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May 09, 2016 BY Maria Nikolova

Myfxbook adds Signals section to mobile app for Android devices

Social trading and market analysis expert Myfxbook has recently rolled out a new version of its mobile application for Android devices. On top of several bug fixes, the latest version of the solution (1.046) adds a Signals section, thus beefing up the social trading capabilities of the application. Myfxbook's application for Android gadgets was first…

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May 09, 2016 BY Maria Nikolova

Monex reports 3.9% MoM rise in Global DARTs in April 2016

Online trading services provider Monex Group, Inc. (TYO:8698) has just published its key operating metrics for April 2016, with the broker no longer reporting global Forex volumes following the transfer of OTC FX accounts offered by the FX companies of TradeStation Group, Inc. to OANDA Corporation and OANDA Australia Pty Ltd in March. Monex's FX volumes…

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May 06, 2016 BY Maria Nikolova

XTB successfully completes IPO at valuation of $349 million

It wasn't exactly at the valuation they were hoping for, nor the numbers being recklessly bandied about in several Forex blogs recently, but Forex broker and platform provider XTB did successfully float its shares and begin trading today on the Warsaw Exchange. XTB operates its own FCA-regulated XTB Online Trading retail forex brand, and also…

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May 06, 2016 BY Maria Nikolova

Markit buys into commodities price reporting agency PRIMA

International provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that it has acquired an interest in UK-based commodity markets research and price reporting agency PRIMA. PRIMA’s price assessment service provides impartial benchmarks for global niche markets in renewable commodities. PRIMA has designed its own unique competitive proprietary pricing software to eliminate some of…

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May 06, 2016 BY Maria Nikolova

Nadex Binary Options app for iOS devices gets updated

North American Derivatives Exchange, Inc. (Nadex), part of IG Group Holdings plc (LON:IGG), has recently released a new and beefed up version of its binary options application for iOS devices. The latest version (5.0.5) offers improvements to the overall performance and user experience and also provides traders with the ability to securely upload application documents…

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May 06, 2016 BY Maria Nikolova

Tullett Prebon appoints Andrew Baddeley as CFO

Tullett Prebon Plc (LON:TLPR) today announces the appointment of Andrew Baddeley as its Chief Financial Officer. Mr Baddeley succeeds Paul Mainwaring who is standing down after nearly ten years in the role of Group Finance Director. In addition, Mr Baddeley will also join the board of Tullett Prebon as an Executive Director, effective May 13,…

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May 06, 2016 BY Maria Nikolova

Hong Kong's SFC warns against FX Protrade

Hong Kong's Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Amid the latest additions to the Alert List is…

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