Data from parent company Euronext NV (EPA:ENX) indicate that Forex ECN FastMatch saw a slowdown in business during Q3, with FastMatch revenues down by 4% from €5.6 million in Q2 to €5.4 million (USD $6.1 million) in Q3-2018. That really shouldn't come as a surprise to LeapRate readers, as we had reported over the past…
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After a very slow September, data from Forex ECN FastMatch indicates that October 2018 saw a modest 3% increase in trading activity, with FX trading volumes coming in at $19.2 billion ADV, versus $18.6 billion ADV the previous month. We'd note that September was the slowest month of 2018 for FastMatch, and volumes remain well below the…
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Financial markets operator Euronext NV (EPA:ENX) has just announced that it has welcomed MedinCell, a pharmaceutical technology company that develops injectable drug delivery solutions, to listing in compartment C of Euronext Paris. Based in Jacou, near Montpellier in southern France, MedinCell is dedicated to achieving significant gains in the efficiency of drug therapies. The two most…
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Financial markets operator Euronext NV (EPA:ENX) has just announced an update on the integration of Euronext Dublin, of which Euronext completed the acquisition on 27 March 2018. Migration to Optiq® for Euronext Dublin in February 2019 The migration of Euronext Dublin’s Cash Market to Euronext’s trading platform Optiq® is now planned in February 2019, subject to…
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Following the normal summer slowdown in trading seen at a number of leading institutional FX platforms, Forex ECN FastMatch has reported that September 2018 FX trading volumes were down even further, coming in at $18.6 billion ADV. That is 4% below August's $19.5 billion, and also represents the lowest average-daily-volume figure of any month in 2018 for…
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Continuing a string of somewhat slow set of trading volumes being reported for the summer months by leading institutional FX platforms, Forex ECN FastMatch has reported that August 2018 FX trading volumes were down 3% from July, with average daily trading volumes coming in at $19.5 billion. However, despite the seasonal slowdown, FastMatch's figures for both…
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Pan-European exchange operator Euronext has announced the acquisition of approximately 8% of additional interest in FastMatch, a global FX spot market operator, operating as a Euronext company since August 2017. Euronext acquired a 90% stake in FastMatch for $153 million. In combination with the stake in the company that Euronext acquired in August 2017, Euronext…
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Continuing a string of somewhat slow set of trading volumes being reported for the month of July by leading institutional FX platforms, Forex ECN FastMatch has reported that July 2018 FX trading volumes were down 10% from June, with average daily trading volumes coming in at $20.0 billion. However, despite the seasonal slowdown, that is not…
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Exchange operator Euronext NV (EPA:ENX) has announced that the Supervisory Board has approved unanimously the appointment of Chris Topple as CEO of Euronext London, Head of Global Sales and a member of the Managing Board of Euronext N.V., subject to all relevant shareholder and regulatory approval. Chris Topple, who has worked extensively in brokerage and…
Read moreContinuing a very strong start to the year for institutional FX platforms, Forex ECN FastMatch has reported that May 2018 FX trading volumes were up 16% from April, with average daily trading volumes coming in at $22.6 billion. That just beats FastMatch's previous best month of May 2017, at $22.5 billion ADV. By comparison, FastMatch…
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