The Board of London Capital Group (LON:LCG) has announced that, at a General Meeting of shareholders held on July 3rd, the proposed investment in the Company by GLIO Holdings Ltd and possibly existing shareholder(s) of up to £17.5 million was approved, through the increase in share capital and waiving of preemption rights. The proposed changes…
Read moreUBS AG's (NYSE:UBS) chief global currency strategist has left the Swiss bank as part of its efforts to cut costs and streamline operations, the Wall Street Journal reported yesterday, citing two people familiar with the matter. The Journal said Mansoor Mohi-uddin, who was based in Singapore, joined Swiss Bank Corp in 1998 as an emerging-markets…
Read moreThe move would save transaction fees and hedge against forex volatility.
Read moreMonex Group, Inc. today reported their monthly business metrics of its subsidiaries in June 2014.
Read moreICAP is a leading broker across the entire range of interest rate products, ranging from exotic options to short and long-term interest rate swaps
Read moreCME Group (NASDAQ:CME) has rebounded in their FX volumes for June reporting a 30% MoM increase with 765k contracts per day being reported. In contrast, May's 589k was the 2nd slowest month for FX ever, following the low of April at the CME. For further comparison, June 2013 saw 1.2M contracts moved for the 37%…
Read moreGMO Click 365 had a very slow month down 4.8% MoM, volumes came in at 271,792 contacts in June from May's 285,447 contract pieces despite showing a record number of retail FX accounts - 346,035 accounts. Meaning, that per-traders volumes are very low with overall market volatility in the yen crosses very tailed back. It…
Read moreAll-time high! Volume numbers at LeapRate Regulated List FX broker EXNESS come in at $184.7 billion for June. This is a 13% increase from May volumes which rolled in at $163.9 billion. June 2013 volumes stood at $114.4 billion, a roughly 61.5% increase YoY. See chart below:
Read moreInteractive Brokers Group, Inc. (NASDAQ:IBKR) the USA based automated global electronic broker and market maker, today reported its Electronic Brokerage monthly performance metrics for June. Highlights for the month included: 95K Daily Average Revenue Trades (DARTs), 7% lower than prior year and 4% lower than prior month. Ending customer equity of $53.9 billion, 44% higher…
Read moreThe Moscow Exchange released official trading volume numbers today...June volumes rose in Russia across both FX and notably equity instruments, where the stock market recently hit 2014 highs. As far as the FX market in concerned, turnover was up 26% YoY and 5% MoM to RUB 17,467 bln (June 2013: RUB 13,907 bln) (May 2014: 16.7 bln),…
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