More good news for UK online broker London Capital Group Holdings plc (LON:LCG). After reporting in June that it had a strong start to 2016 and would be rid of all its debt as part of a £10 million capital injection and recapitalization of the company, LCG reported in a regulatory filing to the London Stock…
Read moreCFD broker Plus500 Ltd (LON:PLUS) has issued a statement in the wake of Friday's market volatility after the Leave victory was announced in the Brexit referendum. As with several similar announcements we've reported on for other brokers, Plus500 said that Friday's action had no material adverse effect on the company. In fact, quite the opposite. Plus500…
Read moreOne of the big winners from the post-Brexit panic of trading were institutional Forex ECN platforms, which saw a huge ramp-up in trading volumes on Friday in the aftermath of the VoteLeave victory in the UK Brexit referendum. Thankfully these ECNs - whose income is directly linked to volumes - seemed to operate in a…
Read moreForex platform and technology provider Leverate has issued a statement in the wake of last week's post-Brexit referendum volatility, saying that it and its clients were unscathed after the Brexit outcome. Leverate indicated that trading volumes Friday executed on its platforms were nearly 3 times normal, and that its systems remained strong handling the heightened volumes…
Read moreThis article was written by Richard Perona, VP of Institutional FX at Advanced Markets. Major market events are generally accompanied by periods of massive uncertainty, volatility and downright fear. It doesn’t matter whether these events are expected, like the Brexit vote, or unexpected like the SNB move last year, the outcome is the same. Many…
Read moreOnline trading firm CMC Markets has issued a statement in the wake of today's post-Brexit vote market volatility. The statement reads as follows: CMC Markets Plc Statement on market volatility as a result of the EU referendum CMC Markets plc ("CMC" or "the Company") can confirm that despite the extreme volatility in the financial markets…
Read moreeFX trading technology solutions provider TradAir has issued a statement, indicating that the TradAir eFX platform performed well over Brexit volatility with overall fill ratios remaining high. TradAir’s platform is used by regional and local banks and brokers, to provide internal traders with aggregated views of executable liquidity against which they trade and manage their risk. The…
Read moreCySEC regulated retail forex broker CFI Markets has issued a note to clients, indicating that it plans to maintaining margin requirements through the weekend post Brexit vote. The company also warned traders that it expects spreads to be wider than normal, given the extreme volatility and uncertainty in the markets. The note sent by CFI Markets…
Read moreOnline trading firm IG Group Holdings plc (LON:IGG), the largest of the UK-based online financial spreadbetting firms, has issued a statement on its operations over the past day since news broke of the Leave side victory in the UK Brexit referendum. IG reported that it managed its operations and exposure very effectively through the night and into today,…
Read moreRetail forex broker FXCM Inc (NYSE:FXCM) issued a note today that it was business as usual during the post Brexit vote market volatility today, although it plans to keep margin requirements high until markets settle down. Assuming that's it for FXCM, the company got through today's price shocks in the currency markets in a much more…
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