INTL FCStone publishes its full results for the second quarter of 2014, 400% increase in net revenues during first three months of the year
Read moreForex is one of the few areas where big banks and Wall Street firms are hiring. Apparently growing forex volumes and great results posted in the forex trading sector in the first half of 2013 has not gone unnoticed by big banks. Reuters reports that Wall Street brokerage firms and global banks have been snapping up…
Read moreUnclear what the CySEC warning against HFX is about, however. Cyprus financial regulator CySEC has sent out a release warning investors against HFX Global Ltd., and their website www.hfx.com. It is unclear, however, what the warning is about, and why it was issued. The CySEC warning just states that HFX is not and never was…
Read moreSwissquote reports healthy Q2 profits at the corporate level as well, as clients and assets grew. Leading Swiss online brokerage Swissquote (a member of LeapRate's Approved List of global regulated Forex brokerage firms) announced today that FX volumes increased a whopping 37% during Q2, to average CHF 30.5 billion ($32 billion) per month, up from…
Read morePlus500 IPO offering oversubscribed, size increased by 50%, share to begin trading Wed July 24. CFD broker Plus500 has completed a successful IPO roadshow, and increased the planned size of its offering by 50%, from $50 million to $75 million, at a company valuation of $200 million. The company's shares will begin trading this coming…
Read moreTeam Saxo-Tinkoff riders Alberto Contador and Roman Kreuziger place fourth and fifth in the Individual Tour standings. In a much more lighthearted note than our usual Forex news items, we would like to congratulate our friends at Saxo Bank on their Team Saxo-Tinkoff's Team classification victory in the 2013 Tour de France completed yesterday. Team Saxo-Tinkoff…
Read moreGain Capital sees similar slowdown in both its retail and institutional businesses. Forex broker Gain Capital saw a slight slowdown in its clients' forex trading volumes during June, with retail volumes coming in at $155 billion and institutional volumes at $367 billion. Both figures were down 4% from Gain Capital's record May figures. To see…
Read moreAnother record month for Retail forex volumes at FXCM. The good news from leading forex industry brokers just keep on coming.... Leading retail forex firm FXCM, the world's largest online global FX broker (and a member of LeapRate's Approved List of regulated FX brokerage firms), announced that June trading activity came in a total of…
Read moreAlpari does more than half of all its forex volumes in Russia and the CIS. Global forex broker Alpari Group has made an interesting (and only partial) disclosure of its first half and Q2 volumes. Alpari indicated that in Q2 volumes from Alpari Russia averaged $135.3 billion per month, and $131.4 billion for the full…
Read moreAll of parent ICAP's electronic brokering businesses were up in June over May, although Forex saw the smallest increase at 2%. ICAP's Forex ECN unit EBS reported June FX trading volumes at $128.8 billion (average daily volume for the month), up 2% from May but down 6% from last year June. After two strong months…
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