Forex broker trade data disclosure rules to be effective March 31: NFA LeapRate

Stax Inc. teams up with Coleman Research

January 05, 2017 BY LeapRate Staff

Forex broker trade data disclosure rules to be effective March 31: NFA

National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry, has announced that its new proposed rules regarding trade data disclosure around Forex transactions will become effective as of March 31, 2017. We had reported back in November that the NFA decided that more transparency was needed in retail forex transactions - in…

January 03, 2017 BY LeapRate Staff

Publicly traded forex brokers lose $2.4 billion of market value in 2016

LeapRate Exclusive... 2016 was not a good year for shareholders of publicly traded Forex and CFD brokers. LeapRate analysis (see table below) has calculated that more than $2.4 billion was erased from the market value of online trading brokerages during 2016. On average each brokerage lost more than one-third, or 37%, of its market cap…

January 03, 2017 BY LeapRate Staff

FastMatch December Forex volumes down 19% MoM to $13.8 billion ADV

Forex ECN FastMatch is reporting that volumes in its system decreased by 19% MoM from November, to average $13.8 billion ADV for the month of December. We would remind LeapRate readers that November was FastMatch’s best ever month for FX trading volumes at $17.1 billion average daily volume, driven by volatility around the US election. November included FastMatch's second…

December 30, 2016 BY LeapRate Staff

GCM Prime posts just £61,000 of Revenue in Fiscal 2016, sees loss of £729,000

LeapRate Exclusive... LeapRate has learned that FCA regulated Forex and CFD brokerage GCM Prime Ltd posted just £61,385 of Revenue in 2016 (GCM Prime has a March 31 fiscal year end), and a net loss of £729,235 for the year. The shareholders of BVI-based offshore retail forex broker Gallant Capital Markets (gcmfx.com) bought an inactive…

December 13, 2016 BY LeapRate Staff

FXCM reports best retail forex volumes since mid 2015 at $353 billion in November

Retail forex broker FXCM Inc (NASDAQ:FXCM) continued a parade of very strong volume reports from leading retail forex brokers around the world in November, by reporting its best results since last June. Retail FX volumes came in at $353 billion at FXCM, up 16% over October. Institutional volumes were also up 17%, at $28 billion.…

December 07, 2016 BY LeapRate Staff

FastMatch offering its algo transaction cost analysis (TCA) services to all subscribers

Forex ECN FastMatch has announced that its proprietary algorithmic and transaction cost analysis (TCA) services are now available to all subscribers. FastMatch recently reported its best ever month for FX trading volumes, with November coming in at $17.1 billion ADV. FastMatch is jointly owned by retail forex broker FXCM Inc (NASDAQ:FXCM) and commercial banks Credit Suisse…

December 01, 2016 BY LeapRate Staff

FastMatch sees best ever month for FX trading volumes, November at $17.1B ADV

Continuing what we believe will be a series of fairly strong November trading volume reports - driven by post US election volatility - at both retail and institutional Forex platforms, Forex ECN FastMatch is reporting that volumes in its system rose by 26% MoM from October, to average $17.1 billion ADV for the month. November was FastMatch’s best ever…

November 17, 2016 BY LeapRate Staff

Rakuten replaces Qatar Airways as the Shirt Sponsor of FC Barcelona in $260 million sponsorship deal

This is clearly in a different league than some of the recent Forex Sports Sponsorships and brand ambassador-ships we've been reporting on the past while, which have become a very hot issue in the industry of late. Japanese online e-commerce giant Rakuten Group has inked a four-year, nine figure deal to replace Qatar Airways as…

November 10, 2016 BY LeapRate Staff

FXCM ties 50% of senior management bonuses to repaying Leucadia loan in 2017

Retail Forex broker FXCM Inc (NASDAQ:FXCM) has released details of its 2017 executive compensation plan, and it seems that it is placing a large premium on repaying in full its loan from Leucadia National Corp (NYSE:LUK). On November 7, FXCM's Board of Directors approved the company’s 2017 Incentive Bonus Plan for Founder-Directors and Specified Executive Officers for the…

Tag: FXCM Inc (NASDAQ:FXCM)

Forex broker trade data disclosure rules to be effective March 31: NFA

Publicly traded forex brokers lose $2.4 billion of market value in 2016

FastMatch December Forex volumes down 19% MoM to $13.8 billion ADV

Top Forex Industry Stories of 2016

GCM Prime posts just £61,000 of Revenue in Fiscal 2016, sees loss of £729,000

FXCM reports best retail forex volumes since mid 2015 at $353 billion in November

FastMatch offering its algo transaction cost analysis (TCA) services to all subscribers

FastMatch sees best ever month for FX trading volumes, November at $17.1B ADV

FXCM ties 50% of senior management bonuses to repaying Leucadia loan in 2017

Broadridge Completes Kyndryl SIS Takeover

Cboe Launches New Timestamping Service

Wise Expands Reach with Direct Access to Philippines’ InstaPay

Alpha Group Confirms Jayne-Anne Gadhia Succeeds Clive Kahn as Non-Executive Chairman

Hargreaves Lansdown Acquisition Approved by Turkish Competition Board